English

______ are markets connected through modern communications networks and powered by high-speed computers.

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Question

______ are markets connected through modern communications networks and powered by high-speed computers.

Options

  • Electronic markets

  • Market

  • Market places

  • Digital

MCQ
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Solution

Electronic markets are markets connected through modern communications networks and powered by high-speed computers.

Explanation:

Electronic markets are marketplaces linked by modern communications networks and high‑speed computers, allowing buyers and sellers to trade electronically across locations with automated order matching, rapid price discovery, and real‑time information exchange.

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Chapter 5: E-Commerce - EXERCISES [Page 70]

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Goyal Brothers Prakashan Commercial Studies [English] Class 10 ICSE
Chapter 5 E-Commerce
EXERCISES | Q 20. | Page 70
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