Final answer:
The E-commerce Model is the business model focused on online comparison shopping, purchasing, suitability of online products/services, and delivery timeframe. It has been propelled by advancements in technology and globalization, exemplified by Amazon's transformation of the book-selling industry.
Step-by-step explanation:
The business model most concerned with the buyer using websites to simplify and speed up comparison shopping, online purchases of services and products versus at a traditional vendor's location, the type of products and services best suited for online shopping, and the lag between orders and delivery is the B) E-commerce Model. This model has gained significant relevance due to the two important shifts in how markets are defined: the advancement of technology and globalization. With the rise of the internet, consumers can effortlessly order a wide array of products from diverse locations around the globe, intensifying competition for local businesses. Moreover, the proliferation of business-to-business online platforms has opened up global opportunities for buyers and suppliers to connect more easily.
Companies such as Amazon have used the e-commerce model to revolutionize traditional industries, such as the book-selling industry, by offering lower prices and convenient online purchasing options, thus surpassing many traditional retail competitors.