Asked by Joseph Amberg on May 03, 2024
Verified
E-commerce provides additional business opportunities but at the cost of reduced speed and efficiency.
E-Commerce
The use of the Internet for performing business transactions.
- Understand the impact of e-commerce on business operations and accounting practices.
Verified Answer
JG
joetta GiddingsMay 08, 2024
Final Answer :
False
Explanation :
E-commerce actually provides opportunities for increased speed and efficiency through features such as automated processes, real-time transactions, and streamlined supply chains.
Learning Objectives
- Understand the impact of e-commerce on business operations and accounting practices.