Differences between commerce and e-commerce - SS1 Commerce Past Questions and Answers - page 1
Which of the following refers to the general buying and selling of goods, services, or information conducted through physical stores or traditional means?
E-commerce
Commerce
Marketing
What is the platform used for conducting e-commerce?
Physical stores
Online platforms
Wholesale markets
Which type of commerce has a global reach, allowing businesses to sell to customers worldwide?
Local commerce
Traditional commerce
E-commerce
Which type of transaction process involves face-to-face interactions and physical handling of goods?
Commerce
Online payment
Virtual commerce
In e-commerce, what is the primary mode of payment used for online transactions?
Cash
Credit cards
Cheques
Which type of commerce offers customers the opportunity to physically examine and interact with products before purchasing?
Physical commerce
Digital commerce
Virtual commerce
Define e-commerce in simple terms.
E-commerce refers to the buying and selling of goods, services, or information conducted over the internet or through electronic means.
Name one key difference between commerce and e-commerce.
One key difference is that commerce involves physical stores and traditional means, while e-commerce is conducted exclusively through online platforms and digital channels.
What is the primary platform used for conducting e-commerce transactions?
The primary platform used for conducting e-commerce transactions is online platforms, such as websites and mobile applications.