About 90% of the total world revenue accounted for by electronic commerce in 1999 involved business-to-business transactions.

Question

Quizplus · Accepted Answer

In 1999, the vast majority of electronic commerce revenue was indeed generated from business-to-business (B2B) transactions, not from business-to-consumer (B2C) transactions. This reflects the early focus and strength of e-commerce in facilitating and optimizing commercial transactions between businesses.

About 90% of the Total World Revenue Accounted for by Electronic