It is not an application of e-business

(a) Online bidding

(b) Online procurement

(c) Online trading

(d) Contract R&D

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Solution

Contracting research and development is not an application of e-business. On the other hand, activities such as online bidding, online procurement and online trading are applications of e-business. Research and development activities are mainly conducted by industries on their own. These activities are very important and, therefore, cannot be contracted out as e-business.

Hence, the correct answer is option (d).

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