What is e-commerce?

What is e-commerce?

• A. A software license model
• B. A local business only
• C. An electronic business or exchange conducted over the internet
• D. A type of online gaming

Answer: (C)

E-commerce is doing business electronically over the internet. It means buying and selling goods or services online, with payments, orders, and delivery handled through digital channels. It includes various models like business-to-consumer, business-to-business, and consumer-to-consumer, with real-world examples such as online stores and marketplaces. This description fits best because it captures the core activity of conducting commerce through electronic networks. The other options describe related ideas but not the act of trading online: a software license model deals with how software rights are granted, a local business operates offline, and online gaming focuses on playing games online rather than the broader practice of conducting commerce online.

E-commerce is doing business electronically over the internet. It means buying and selling goods or services online, with payments, orders, and delivery handled through digital channels. It includes various models like business-to-consumer, business-to-business, and consumer-to-consumer, with real-world examples such as online stores and marketplaces. This description fits best because it captures the core activity of conducting commerce through electronic networks. The other options describe related ideas but not the act of trading online: a software license model deals with how software rights are granted, a local business operates offline, and online gaming focuses on playing games online rather than the broader practice of conducting commerce online.