Which of the following is an example of a B2C (Business-to-Consumer) E-Commerce website?
Amazon, Flipkart, and Myntra are classic B2C e-commerce portals selling directly to end consumers. Alibaba is primarily a B2B platform, while Google is primarily a search engine/tech portal.
Which of the following best defines Electronic Commerce (E-Commerce)?
E-Commerce is defined as the conduct of commercial activities (buying, selling, transferring goods/services) over computer networks like the Internet.
In India, the legal framework for E-Commerce transactions and cyber law is governed primarily by which legislation?
In India, all electronic transactions, digital signatures, and e-commerce compliance are legally governed by the Information Technology (IT) Act, 2000 (and its amendments).
Electronic Data Interchange (EDI) is primarily used for:
EDI (Electronic Data Interchange) is the computer-to-computer exchange of structured business documents (like purchase orders, invoices) between B2B commercial partners.
What does 'Cart Abandonment' mean in E-Commerce terminology?
Cart abandonment occurs when a prospective customer initiates a checkout process for an online order or adds items to the cart, but drops out before completing the transaction.