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)online management
B)online transaction processing
C)e-commerce
D)inventory management

Question

Quizplus · Accepted Answer

E-commerce is the term used to describe the buying and selling of goods and services over the Internet or other networks, encompassing financial transactions between businesses, consumers, governments, or nonprofits. Option A is too broad and can refer to various aspects of managing online operations. Option B refers specifically to the processing of transactions, but it does not capture the broader scope of e-commerce. Option D refers only to the management of inventory, which is a part of e-commerce but does not encompass the entirety of it.

The Buying and Selling of Goods and Services Over the Internet