Podcast
Play an AI-generated podcast conversation about this lesson
Download our mobile app to listen on the go
Get App
Questions and Answers
What is the main activity of e-commerce?
What is the main activity of e-commerce?
- Buying products through mail order catalogs
- Selling products offline
- Selling products in physical stores
- Buying or selling products online (correct)
Which technology does e-commerce NOT draw on?
Which technology does e-commerce NOT draw on?
- Telephone marketing (correct)
- Automated data collection systems
- Mobile commerce
- Electronic data interchange (EDI)
What drives e-commerce?
What drives e-commerce?
- The decline of online services
- Technological advances of the semiconductor industry (correct)
- Television advertising
- Traditional marketing methods
What is the main focus of e-commerce?
What is the main focus of e-commerce?
Signup and view all the answers
Which technology is NOT explicitly mentioned as a key part of e-commerce?
Which technology is NOT explicitly mentioned as a key part of e-commerce?
Signup and view all the answers
What sector drives the growth of e-commerce?
What sector drives the growth of e-commerce?
Signup and view all the answers
Which of the following best describes B2B (business-to-business) e-commerce?
Which of the following best describes B2B (business-to-business) e-commerce?
Signup and view all the answers
What is a typical characteristic of B2B business models?
What is a typical characteristic of B2B business models?
Signup and view all the answers
What is one of the challenges associated with B2B e-commerce?
What is one of the challenges associated with B2B e-commerce?
Signup and view all the answers
Flashcards are hidden until you start studying
Study Notes
E-Commerce Overview
- The primary activity of e-commerce involves buying and selling goods and services over the internet.
- E-commerce does not primarily draw on traditional retail technologies; instead, it leverages digital and online platforms.
Key Drivers and Focus
- The driving forces behind e-commerce include technological advancement, consumer demand, and convenience.
- The main focus of e-commerce is enhancing customer experience and streamlining transactions to boost sales.
Technology and Growth
- Certain technologies, such as blockchain, are not explicitly mentioned as integral components of e-commerce.
- The retail sector is a significant driver of e-commerce growth, with increasing online shopping trends.
Business Models
- B2B (business-to-business) e-commerce primarily involves transactions between businesses rather than between businesses and consumers.
- A typical characteristic of B2B business models includes long-term transactions with negotiated terms and bulk orders.
Challenges in B2B E-Commerce
- One of the notable challenges of B2B e-commerce is managing complex logistics and supply chain processes, which can hinder efficiency and scalability.
Studying That Suits You
Use AI to generate personalized quizzes and flashcards to suit your learning preferences.
