Which term describes buying and selling over the internet?

Which term describes buying and selling over the internet?

• A. Private Sector
• B. E-commerce
• C. Public Sector
• D. Homogeneous

Answer: (B)

Buying and selling over the internet is called e-commerce. This term covers any commercial activity conducted online, from online storefronts and marketplaces to digital payments and order processing used by businesses and individuals. The other terms don’t fit because the private sector and public sector refer to parts of the economy (private companies vs government), not the method of conducting transactions, and homogeneous describes something that is uniform or the same, not a way of doing business online. So e-commerce is the best fit.

Buying and selling over the internet is called e-commerce. This term covers any commercial activity conducted online, from online storefronts and marketplaces to digital payments and order processing used by businesses and individuals. The other terms don’t fit because the private sector and public sector refer to parts of the economy (private companies vs government), not the method of conducting transactions, and homogeneous describes something that is uniform or the same, not a way of doing business online. So e-commerce is the best fit.