Which term describes conducting business transactions online?

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Study for the Edexcel A-Level Business Theme 1 Test. Quiz includes flashcards and multiple choice questions. Each question comes with hints and explanations. Get exam-ready now!

Multiple Choice

Which term describes conducting business transactions online?

Explanation:
Conducting business transactions online is e-commerce. E-commerce is the use of the internet to buy and sell goods and services, including activities like online payments and digital marketplaces. It’s broader than online retailing, which is just selling to consumers online; e-commerce also covers B2B and other forms of online transactions. Online marketing promotes products and brands and may occur online, but it isn’t itself the act of completing a sale. A database is a system for storing information, not conducting transactions.

Conducting business transactions online is e-commerce. E-commerce is the use of the internet to buy and sell goods and services, including activities like online payments and digital marketplaces. It’s broader than online retailing, which is just selling to consumers online; e-commerce also covers B2B and other forms of online transactions. Online marketing promotes products and brands and may occur online, but it isn’t itself the act of completing a sale. A database is a system for storing information, not conducting transactions.

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