Ecommerce
A business that primarily uses the internet as a medium for customers to shop for goods and services.
What is an e-tailer?
Using the internet to exchange information and conduct business.
What is Ecommerce?
The process or functions of planning, organizing, leading, and controlling.
What is management
A organizational structure in which managers on one level are in charge of those beneath them.
What is Line organization?
A business owned by one person.
What is a sole proprietorship?
What is an e-ticket?
A business that offers product and services to its customers face-to-face in an office or store.
What is brick and mortar?
The people employed in a business.
What is human resources?
A management structure that helps managers throughout the firm to be consistent in decision making.
What is centralized?
A business owned by two or more people who share its risks and rewards.
What is a partnership?
An online storefront where businesses can display their goods and services. Examples include shopify and sales force.
What is an ecommerce platform?
A business model by which a company integrates both offline and online presences.
What is Click and Mortar?
the process of creating goals, objectives, and mission/vision statements.
What is planning?
Temporary work teams are created and utilized to accomplish a specific task or project.
What is matrix organization
The owner is responsible for the company's actions and debts.
What is unlimited liability?
In the ___________ecommerce model both parties involved are businesses. In this type of transaction, one business provides the other with products and/or services.
What is Business to Business?
The practice of comparing prices, features etc. in advance of actually purchasing in order to achieve the best deal and make the most informed choice.
What is Comparison Shopping?
The person responsible for the daily operations of a business.
What is an operational manager?
What is departmentalization?
A company that is registered by a state and operates apart from its owners.
What is a Corporation?
__________________ are platforms that facilitate e commerce transactions between buyers and sellers, enabling buyers to showcase their products and reach a larger audience. Examples are Ebay and Etsy.
What is an Online Marketplace?
The money left over after the business has paid its bills.
What is profit?
A visual representation of how the firm is structured and who is in charge of whom.
What is an organizational chart?
This type of organization gives authority to a number of different managers.
What is line and staff?
________________________holds a firms owners responsible for no more than the capital that they have invested in it.
What is limited liability?