What is e-commerce?

Prepare for the FBLA Exploring Business Concepts Test. Dive into multiple choice questions covering key business concepts. Understand the exam format with hints, explanations, and tips for success. Get ready for your exam!

E-commerce refers to the transaction of buying and selling goods and services through the internet. This encompasses a wide range of online activities, including retail purchases made through websites, online marketplaces, and even mobile apps. The primary characteristic that defines e-commerce is that it operates in a digital environment, allowing customers to browse, select, and purchase products without the need to visit a physical store.

While other options describe important aspects of business activities, they do not capture the essence of e-commerce. For instance, buying and selling through physical stores pertains directly to traditional retail without any online component. Email marketing is a specific method of promoting products but does not involve the actual transaction of buying and selling. Lastly, a business being focused solely on financial gain does not specifically relate to the nature of transactions being conducted online versus offline. Hence, option C correctly encapsulates the definition of e-commerce by highlighting the online aspect of these commercial transactions.

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