A company that manufacturers bicycles may use the internet to purchase tyres from their suppliers. This is an example of transaction.

Related MCQs

• is essentially a business process that connects manufacturers, retailers, customers and suppliers in the form of a chain to develop and deliver products.
• encrypts payment card transaction data and verifies that both parties in the transaction are genuine.
• is any transaction, involving the transfer or rights to use goods and services, which is initiated and or completed by using mobile access to computer mediated networks with the help of an electronic device.
• is a systems approach to Managing the entire flow of information, materials, and services from raw material suppliers through factories and warehouses to the end customer.
• refers to a kind of e-commerce which refers to a company selling or buying from other company
• Which of the following is not suitable for a B2C transaction ?
• e-commerce transaction has the advantage of eliminating middlemen.
• e-commerce involves the electronic facilitation of transaction between customers through some third party.
• …………………is basically a concept of online marketing and distributing of products and services over the internet
• is an internet network that allows users with the same network in software to connect to each other’s hard disks and exchange files