Which term is used to describe business transactions that occur over the internet?

E-commerce is the term that specifically refers to business transactions conducted over the internet. This encompasses a wide range of activities, including buying and selling products and services online, as well as the transfer of money and data to execute these transactions. E-commerce has revolutionized the way businesses operate, allowing for greater accessibility and convenience for consumers and companies alike.

In contrast, telecommuting refers to working remotely using technology, rather than the transactions themselves. Data mining involves analyzing large sets of data to discover patterns and insights, and cybersecurity focuses on protecting systems and networks from digital attacks, which, while important in the context of e-commerce, do not define the transactions happening online. Hence, being aware of these distinctions helps clarify why e-commerce is the specific term for internet-based business transactions.