alleryStart learning →What is a trading hub, also called an eMarketplace?
AA website easing commerce between businesses
BA retail website selling goods to consumers
CA government register of licensed exporters
DA bank platform used to settle cheque payments
Answer & Solution
Correct answer: A. A website easing commerce between businesses
1. Trading hubs, also known as eMarketplaces, are special websites.
2. They facilitate electronic commerce between businesses in specific industries.
3. Those industries include automotive manufacturing, retailing, telecom provisioning, aerospace, and financial products and services.
4. Retail selling to consumers, official registers, and cheque clearing are different systems entirely.
_Source: OpenStax Introduction to Business (CC BY 4.0), Ch 13 "Using Technology to Manage Information", section 13.1 Transforming Businesses through Information_
Keep practising Using Technology to Manage Information
Browse all Using Technology to Manage Information questions for BCA, or explore more Information Systems topics.
Related questions
Cloud computing is best defined as what?Why is the cost of grid computing low?Which advantage does cloud computing give a retailer with several outlets?What role does the central server play on a grid?By what other names is grid or cloud computing known?What is the stated downside of working from home?What defines a distributed workforce?Which corporate use is made of digital forensics?