QUESTION IMAGE
Question
multiple choice question
the marketspace is defined as
o an electronic exchange environment with computer technologies and digitized offerings.
o electronic communication used in the inventory, exchange, advertisement, distribution, or payment of produc
o an internet - based network used within the boundaries of an organization
o the alternative firms that could provide a product to satisfy a specific markets needs
The marketspace is an electronic - exchange environment leveraging computer technologies and digitized offerings. It is a virtual marketplace. The other options do not accurately define it. The second option is too narrow focusing only on electronic communication in business processes, the third is about an intranet - like concept, and the fourth is about substitute firms.
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an electronic exchange environment with computer technologies and digitized offerings.