E-commerce is ubiquitous it reduces __________.
A. Marketspace
B. Transaction costs
C. Dynamic pricing
D. Price discrimination
Answer: Option B
Solution (By Examveda Team)
E-commerce is ubiquitous it reduces Transaction costs. Transaction costs are fees incurred during the process of buying or selling a good or service.Related Questions on Management Information System (MIS)
A. Management level system
B. Operational level system
C. Knowledge level system
D. Strategic level system
A. Decision Support System (DSS)
B. Management Information System (MIS)
C. Executive Support System (ESS)
D. Transaction Processing System (TPS)
A. Decision Support System (DSS)
B. Management Information System (MIS)
C. Executive Support System (ESS)
D. Transaction Processing System (TPS)
A. Knowledge workers
B. Executives
C. System analysts
D. Data workers

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