Question

Which of these statements regarding manufacturing and service firms is true?

Answer 1

Manufacturing and service firms both use e-commerce systems for purchasing. E-commerce is also known as electronic commerce (EC). EC is the process by which businesses and consumers buy and sell goods and services or transmits funds or data over an electronic network, primarily the Internet. These commercial transactions are used for different businesses and consumers to conduct business online and have more opportunity to sell their products. Anytime you sell something online, you are involved in an e-commerce transaction.

Answer 2

Manufacturing and service firms alike use e-commerce for purchasing. E-commerce or electronic commerce (EC) is the process by which businesses and consumers buy and sell goods and services or transmits funds or data over an electronic network, primarily the internet.