EC advantages for small and medium-sized businesses include
A) reduced personal contact with customers.
B) less risk tolerance than a large company.
C) inexpensive sources of information.
D) ability to purchase enough volume to take advantage of digital exchanges.

Question

Quizplus · Accepted Answer

Small and medium-sized businesses benefit from electronic commerce (EC) through inexpensive sources of information, which can help them compete more effectively and efficiently in the marketplace. EC provides access to vast amounts of data and customer insights at a relatively low cost, enabling these businesses to make informed decisions and tailor their offerings to meet customer needs better.

EC Advantages for Small and Medium-Sized Businesses Include