In the context of e-commerce, an ecosystem is a framework for:

2012

In the context of e-commerce, an ecosystem is a framework for:

Answer: B. Building an Internet marketConceptAn e-commerce ecosystem is a network of mutually dependent participants, technologies, services, and rules. Its framework explains how buyers, sellers,…

  1. A.

    Building a computer system

  2. B.

    Building an Internet market

  3. C.

    Building an offline market

  4. D.

    Building a market

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Show answer & explanation

Correct answer: B

Concept

An e-commerce ecosystem is a network of mutually dependent participants, technologies, services, and rules.

Its framework explains how buyers, sellers, platforms, payments, logistics, and information flows interact in an online commercial environment.

Application

The phrase “Internet market” names the online commercial environment created by those connected participants and services. Therefore, the ecosystem framework in this question is used for building an Internet market.

Contrast

  • A computer system is an engineered combination of hardware and software; it is not a market environment.

  • An offline market is organized around physical channels and face-to-face exchange rather than Internet-mediated interaction.

  • A market is too broad here because it does not specify the Internet-based setting of e-commerce.

Result

The best-supported answer is “Building an Internet market.”

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