E-commerce refers to
A) having an online website in addition to a brick-and-mortar facility.
B) the facilitation of business by making initial contact by electronic means.
C) the buying and selling of products or services on the Internet.
D) a form of business that involves online trades and auctions.

Question

Quizplus · Accepted Answer

E-commerce specifically refers to the buying and selling of products or services over the Internet. While some e-commerce businesses may also have brick-and-mortar facilities, this is not a requirement. The facilitation of business by electronic means is a broad description that could apply to many different types of business transactions beyond just e-commerce. And while online trades and auctions can be a part of e-commerce, they do not encompass the full extent of the definition.

E-Commerce Refers to