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Which activity is NOT typically associated with e-tailing in e-commerce?
- a)Virtual storefronts on websites
- b)Processing purchase orders and invoices from suppliers
- c)Maintaining a physical inventory
- d)Using electronic data interchange (EDI) for data exchange
Correct answer is option 'C'. Can you explain this answer?
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Most Upvoted Answer
Which activity is NOT typically associated with e-tailing in e-commerc...
There are several activities associated with e-tailing in e-commerce, but maintaining a physical inventory is not typically one of them. Below is an explanation of why this activity is not commonly associated with e-tailing:
- **Virtual Storefronts on Websites**: E-tailing involves setting up virtual storefronts on websites where customers can browse and purchase products online. These storefronts showcase products and provide a platform for customers to make purchases without the need for a physical store.
- **Processing Purchase Orders and Invoices from Suppliers**: E-tailers often engage in processing purchase orders and invoices from suppliers to ensure a smooth supply chain and timely delivery of products to customers. This involves coordinating with suppliers to restock inventory and fulfill customer orders.
- **Maintaining a Physical Inventory**: Unlike traditional retail businesses that require physical inventory to be stored in warehouses or storefronts, e-tailers typically operate on a dropshipping model or utilize third-party logistics providers. This means that e-tailers do not need to maintain a physical inventory of products themselves, as the products are directly shipped from suppliers to customers.
- **Using Electronic Data Interchange (EDI) for Data Exchange**: E-tailers commonly use electronic data interchange (EDI) for data exchange with suppliers, partners, and other stakeholders. This technology enables seamless communication and transaction processing, facilitating efficient operations in the e-commerce ecosystem.
In conclusion, maintaining a physical inventory is not typically associated with e-tailing in e-commerce, as e-tailers often rely on dropshipping models and third-party logistics providers to fulfill customer orders without the need for storing inventory themselves.
- **Virtual Storefronts on Websites**: E-tailing involves setting up virtual storefronts on websites where customers can browse and purchase products online. These storefronts showcase products and provide a platform for customers to make purchases without the need for a physical store.
- **Processing Purchase Orders and Invoices from Suppliers**: E-tailers often engage in processing purchase orders and invoices from suppliers to ensure a smooth supply chain and timely delivery of products to customers. This involves coordinating with suppliers to restock inventory and fulfill customer orders.
- **Maintaining a Physical Inventory**: Unlike traditional retail businesses that require physical inventory to be stored in warehouses or storefronts, e-tailers typically operate on a dropshipping model or utilize third-party logistics providers. This means that e-tailers do not need to maintain a physical inventory of products themselves, as the products are directly shipped from suppliers to customers.
- **Using Electronic Data Interchange (EDI) for Data Exchange**: E-tailers commonly use electronic data interchange (EDI) for data exchange with suppliers, partners, and other stakeholders. This technology enables seamless communication and transaction processing, facilitating efficient operations in the e-commerce ecosystem.
In conclusion, maintaining a physical inventory is not typically associated with e-tailing in e-commerce, as e-tailers often rely on dropshipping models and third-party logistics providers to fulfill customer orders without the need for storing inventory themselves.
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Which activity is NOT typically associated with e-tailing in e-commerc...
E-tailing involves virtual storefronts on websites and electronic transactions. Physical inventory maintenance is more relevant to traditional retail.
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Which activity is NOT typically associated with e-tailing in e-commerce?a)Virtual storefronts on websitesb)Processing purchase orders and invoices from suppliersc)Maintaining a physical inventoryd)Using electronic data interchange (EDI) for data exchangeCorrect answer is option 'C'. Can you explain this answer?
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