E-commerce Overview Quiz

What is e-commerce primarily about?

• Exchanging goods through traditional mail

• Trading goods and services electronically over the internet

• Conducting business through face-to-face interactions

• Buying and selling goods in physical stores

Which of the following is a major advantage of e-commerce?

• Higher rental costs

• Limited customer reach

• 24/7 availability

• Increased need for physical storage

How does e-commerce reduce the risk of starting a business?

• By requiring more employees

• By increasing initial investment

• By lowering startup costs

• By limiting market reach

What is a significant challenge faced by e-commerce businesses?

• Lack of online payment options

• Increased competition

• Limited product variety

• Higher physical store maintenance

Why might customers be dissatisfied with e-commerce?

• Lack of product information

• Delayed product delivery

• Limited payment methods

• Instant product delivery