Which of the following statements is true about electronic commerce?
A) Business-to-business is by far the largest form of electronic commerce in terms of revenues.
B) Electronic commerce is limited to transactions between businesses and consumers.
C) Electronic commerce between businesses and their employees is impossible.
D) All forms of electronic commerce involve business firms.
E) Consumer-to-consumer electronic commerce is a complete reversal of the traditional business-to-consumer electronic commerce.

Question

Quizplus · Accepted Answer

According to various reports and studies, business-to-business electronic commerce generates the highest revenues compared to other forms of electronic commerce.

Note that none of the other options are accurate. Electronic commerce involves transactions between businesses and consumers as well as business-to-employee transactions. Moreover, some forms of electronic commerce are consumer-to-consumer, while others involve non-profit organizations, government agencies, or other entities, not just business firms.

Which of the Following Statements Is True About Electronic Commerce