The buying and selling of goods and services over the Internet or other networks, encompassing financial transactions between businesses, consumers, governments, or nonprofits is called ________.
A) Internet marketing
B) online transaction processing
C) e-commerce
D) inventory management

Question

Quizplus · Accepted Answer

E-commerce is the term that specifically refers to the buying and selling of goods and services over the Internet or other networks. Internet marketing is a broader term that involves promoting products and services through online channels such as search engines, social media, and email. Online transaction processing is a technical term that refers to the computerized processing of financial transactions, which is used in many different contexts beyond e-commerce. Inventory management is a separate business function that involves tracking and managing the flow of goods within a company, but it is not specific to e-commerce.

The Buying and Selling of Goods and Services Over the Internet