Question

Which of the following best explains why the service sector is a natural avenue for e-commerce?

a. The service sector is less geographically reliant and more globally oriented
b. Much of the value in services is based on the collection, storage, and exchange of information
c. The service sector has historically been more technologicaly-reliant
d. It is not; services are difficult to translate to e-commerce because they rely on face-to-face communications and barter

Answer 1

b. Much of the value in services is based on the collection, storage, and exchange of information

Step-by-step explanation:

Service provides an excellent avenue for e-commerce.

E-commerce is the practice of selling and buying using online tools like the internet. Payments for goods and services exchanged is also done online.

Service sector are not manufacturers of goods but rather they provide value in the form of customer service, management, knowledge, advise, and data.

The information service sector deals with provides an ideal avenue for e-commerce activities of selling and buying online.