The Expanding World of E-Commerce
Involves business activities via the Internet
What is E-commerce
Companies that complete most of their business through the Internet
What is Click-only business
refers to electronic trade that takes place between companies
Business to Business (B2B)
Showcases the egalitarian side of e-commerce
Consumer to Consumer (C2C)
actual physical item or object which can be exchanged for money
good
True/False Do all businesses complete activities on the internet?
What is False
Companies that complete most of there business at a physical location
What is Brick-and-Mortar Businesses
one who transacts business
businessman
The amount of money a company makes from selling a product or service after all expenses
Profit
one who organizes, manages, and assumes the risks of a business or enterprise
entrepreneur
Made communication between computers possible
What is the World Wide Web
Companies that use both the internet and a physical location to do business
What is Brick-and-Click businesses
Recognition by other people of some characteristic or ability
Reputation
EDI means
Electronic Data Interchange
You may sell your antiques or cars, or more specialized items like property of deceased celebrities
Auctions sites
The decade e-commerce began
What is the 1990's
Click-only businesses were known as
What is .com businesses
rapidly growing trend in e-commerce
Consumer to Business (C2B)
It is among the most preferred mode of sharing information because it allows computer terminals in a network to hook up without having to go through a central web server.
Peer to Peer (P2P)
By 2007 how many people in the United States had internet use?
What is 200 million
Most known click-only business
What is EBay
gives its users a capability of setting up an online shop
A business will not work if you don't know who to sell to
Customers
A person hired by a company to provide services on a regular basis, in exchange for wages or salary
Employee