Which term describes the process whereby two or more make business transactions via computer and a network?

Which term describes the process whereby two or more make business transactions via computer and a network?

• A. E-Procurement
• B. E-Banking
• C. E-COMMERCE
• D. E-Learning

Answer: (C)

Electronic commerce describes business transactions between buyers and sellers conducted over computer networks, typically the internet. This includes activities like online shopping, placing orders, processing payments, and coordinating delivery—all done electronically between two or more parties. It’s the best fit here because the focus is on conducting transactions via a network, not on learning, banking, or internal procurement. The other terms cover narrower or different activities: e-banking is online financial services, e-learning is online education, and e-procurement is electronic purchasing within an organization, which doesn’t capture the broader exchange of goods and services between independent entities.

Electronic commerce describes business transactions between buyers and sellers conducted over computer networks, typically the internet. This includes activities like online shopping, placing orders, processing payments, and coordinating delivery—all done electronically between two or more parties. It’s the best fit here because the focus is on conducting transactions via a network, not on learning, banking, or internal procurement. The other terms cover narrower or different activities: e-banking is online financial services, e-learning is online education, and e-procurement is electronic purchasing within an organization, which doesn’t capture the broader exchange of goods and services between independent entities.