The organized effort of individuals to produce and sell, for a profit, the products and services that satisfy society's needs through the facilities available on the Internet is referred to as a. e-trade. b. e-selling. c. e-business. d. e-management. e. e-shopping.

Question

Business

Haylee

2 June, 10:34

The organized effort of individuals to produce and sell, for a profit, the products and services that satisfy society's needs through the facilities available on the Internet is referred to as a. e-trade. b. e-selling. c. e-business. d. e-management. e. e-shopping.

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Answers (1)

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Liberty Ray · Answer 1

Here the answer would be option c. or e-business.

Explanation:

E-business basically involves buying and selling of various products and services over the internet between the consumer or buyers and sellers or traders. E-business provides an electronic or virtual marketplace and is often spread out across the world to facilitate the commercial exchange and transactions between the buyers and the sellers. Therefore, e-business also provides the opportunity to fulfill the needs and wants of people across the world and enables the traders and sellers to earn profit in the process and pursuit of fulfilling those required needs and wants. The various features and characteristics of e-business offers suitable facilities and services to both the consumers and sellers which can be effectively exploited to address the needs and conveniences of both the concerned parties in the marketplace.