Question

77. Identify a potential risk for businesses using E-Commerce. a. increased customer satisfaction b. the possibility of fraudulent transactions c. inconvenience of returns d. none of the above

Answer 1

Answer:

B. The possibility of fraudulent transactions.

Explanation:

In recent times, it is well known and well known that marketplaces have also included the buying and selling in different other levels which E-commerce has thrived in many ways and are tested to be worth a while. In as much as it is good, e-commerce business in recent times has given a lot of exposure and access to a larger audience. And this has been learnt to have not certainly been possible to achieve through conventional retailing methods. In as much as it is loved by a reasonable amount of people, it is seen to have also made business owners and customers prone to serious security threats; which may include forms like online security breach, client disputes and refunds

Violation of Intellectual property, credit cards scams, poor customer service only to mention but few which are risky too.

Breaches of this form are seen to the risks that can affect your business and you can bear the loss if they are not addressed properly.