The _____ is an information and communication-based electronic exchange environment mostly occupied by sophisticated computer an
d telecommunication technologies and digitized offerings A)electronic communications channel B)information superhighway
C)transactional Internet
D)marketspace (CORRECT)
E)marketing Internet
A marketspace is an ecommerce environment that cancels the boundaries in marketing, with creation of multiple vendors for business and trading in an information and communication based electronic exchange environment.
Market internet or digital marketing is an online platform for advertising goods and services in a large scale. Information superhighway is synonymous to the world wide web (www).
From this point, I'll give a brief description of the concept of marketspace.
In marketing, market space refers to a virtual market space and it is still a new concept in marketing; it emerged in mid 1990s.
It refers to a kind of electronic information exchange environment where the presence of physical interaction is completely removed i.e. no physical contact between the seller and the buyer.
So, A market space is an bringing together of several market places through technology but their presence are felt virtually.
