Which of the following statements is true about e-commerce?
A) It results in an increase in inventory-carrying costs.
B) It improves the flow of price data.
C) It decreases market efficiency.
D) It reduces sharing of consumer data.

Question

Quizplus · Accepted Answer

E-commerce improves the flow of price data by allowing customers to easily compare prices across different websites, which can lead to increased price competition and lower prices. It does not necessarily result in an increase in inventory-carrying costs, decrease market efficiency, or reduce sharing of consumer data (although the latter may be a concern for some consumers depending on the specific e-commerce platform and its privacy policies).

Which of the Following Statements Is True About E-Commerce