E-marketplaces have resulted in lower purchasing and transactions costs

Name: E-marketplaces have resulted in lower purchasing and transactions costs
Brand: Quizplus
Rating: 4.8 (34 reviews)

Question

Quizplus · Accepted Answer

E-marketplaces have resulted in lower purchasing and transactions costs by eliminating the need for physical storefronts, reducing the number of intermediaries involved, and automating many processes such as invoicing and payment. This results in cost savings for both buyers and sellers.

E-Marketplaces Have Resulted in Lower Purchasing and Transactions Costs