[amp_mcq option1=”the uninhibited flow of information and goods on the Web” option2=”the use of the Internet and the Web to transact business” option3=”digitally enabled transactions and processes within an organization” option4=”commercial transactions involving electronic goods” correct=”option2″]
The correct answer is: B. the use of the Internet and the Web to transact business.
E-business is the use of electronic technologies to conduct business transactions. It includes the use of the Internet, intranets, extranets, and other electronic media to communicate with customers, suppliers, partners, and employees.
A. the uninhibited flow of information and goods on the Web is not a correct definition of e-business. The Internet does allow for the uninhibited flow of information and goods, but this is not the only thing that e-business encompasses. E-business also includes the use of the Internet to transact business, which includes activities such as online shopping, online banking, and online auctions.
C. digitally enabled transactions and processes within an organization is not a correct definition of e-business. This definition is too narrow, as it only focuses on the use of digital technologies within an organization. E-business also includes the use of digital technologies to communicate with customers, suppliers, partners, and employees.
D. commercial transactions involving electronic goods is not a correct definition of e-business. This definition is too narrow, as it only focuses on the sale of electronic goods. E-business includes the sale of all types of goods and services, not just electronic goods.