The use of Internet-based technologies either to support existing business processes or to create entirely new business opportunities is called:
A) e-procurement
B) e-reverse auctions
C) e-commerce
D) e-business

Question

Quizplus · Accepted Answer

E-business refers to the use of internet-based technologies to support existing business processes or to create entirely new business opportunities. E-commerce specifically refers to the buying and selling of goods and services online, while e-procurement and e-reverse auctions are more specific subsets of e-business.

The Use of Internet-Based Technologies Either to Support Existing Business