Question

Directions: Fill in the blanks below with the appropriate answer from the word bank. Digital Commerce Digital Commerce is the electronic buying and selling of goods. It focuses on the tools and safeguards in place to assist those buying, selling, banking, or using money in any way in the digital space. You have never known a world without online shopping. Ecommerce deliveries to residential homes is the norm

Answer 1

Digital Commerce, or e-commerce, is the electronic buying and selling of goods, which has been greatly facilitated by advancements in communication technology and globalization,

Step-by-step explanation:

The correct answer is option Business. Digital Commerce, commonly referred to as e-commerce, involves the electronic buying and selling of goods and services.

The advent of the internet and global connectivity has expanded markets beyond local boundaries, creating a highly competitive global marketplace.

This phenomenon is supported by developments in communication technology that facilitate business transactions, both in business-to-consumer (B2C) and business-to-business (B2B) contexts.

Additionally, banks play a critical role by enabling a myriad of transactions in goods, labor, and financial capital markets through convenient facilities like checking and savings accounts, direct withdrawals, check writing, and the use of debit cards, significantly reducing the need to rely on cash and simplifying the payment process in the digital age.

Digital Commerce is the electronic buying and selling of goods. It focuses on the tools and safeguards in place to assist those buying, selling, banking, or using money in any way in the digital space.

With the advancement in technology and the development of the internet, online shopping has become a norm. Business activities related to e-commerce, such as online shopping and deliveries, fall under the subject of Business.