Which of the following statements about e-commerce is true?
A)the total value of e-commerce in Canada is estimated to be $50 billion
B)business-to-business makes up the bulk of transactions, as opposed to business-to-consumer
C)business-to-consumer makes up the bulk of transactions, as opposed to business-to-business
D)the total value of e-commerce in Canada is estimated to be $10 billion

Question

Quizplus · Accepted Answer

According to Statistics Canada, in 2018, business-to-business e-commerce in Canada reached a value of $1.3 trillion, while business-to-consumer e-commerce reached a value of $305 billion. Therefore, option B is the correct choice as it states that business-to-business makes up the bulk of e-commerce transactions in Canada. Option A and D are both incorrect as they provide conflicting information about the total value of e-commerce in Canada. Option C is incorrect as it states that business-to-consumer makes up the bulk of transactions when in fact it is the smaller portion of e-commerce transactions.

Which of the Following Statements About E-Commerce Is True