MIS (Chapter 14-Ebusiness)

Chapter 14 Ebusiness

37 cards   |   Total Attempts: 182
  

Cards In This Set

Front Back
Ecommerce
The buying and selling of goods and services over the Internet
Ebusiness
The conducting of business on the Internet, not only buying and selling, but also serving customers and collaborating with business partners
Ebusiness Model
An approach to conducting electronic business on the Internet
Business-to-Business (B2B)
Applies to businesses buying form and selling to each other over the Internet
Business-to-Consumer (B2C)
Applies to any business that sells its products or services to consumers over the Internet
Consumer-to-Business (C2B)
Applies to any consumer that sells a product or service to a business over the Internet
Consumer-to-Consumer (C2C)
Applies to sites primarily offering goods and services o assist consumers interacting with each other over the Internet
Electronic Marketplaces or Emarketplaces
Interactive business communities providing a central market space where multiple buyers and sellers can engage in ebusiness activites
Eshop or Estore or Etailer
A version of a retail store where customers can shop at any hour of the day without leaving their home or office
Business Types
-Brick-and-Mortar Business-Pure-Play (Virtual) Business-Click-and-Mortar Business
Brick-and-Mortar Business
A business that operates in a physical store without and Internet presence
Pure-Play (Virtual) Business
A business that operates on the Internet only without a physical store
Click-and-Mortar
A business that operates in a physical store and on the Internet
Types of Online Auctions
-Electronic Auction (Eauction)-Forward Auction-Reverse Auction
Electronic Auction (Eauction)
Sellers and buyers solicit consecutive bids from each other and prices are determined dynamically