Podcast
Play an AI-generated podcast conversation about this lesson
Questions and Answers
Which of the following is NOT a unique feature of the Internet and Web as a commercial medium?
Which of the following is NOT a unique feature of the Internet and Web as a commercial medium?
- Global reach
- Information density
- Ubiquity
- Physical presence (correct)
What is the term for e-commerce transactions between a purchasing organization and its suppliers?
What is the term for e-commerce transactions between a purchasing organization and its suppliers?
- Intermediary e-commerce
- Sell-side e-commerce
- Buy-side e-commerce (correct)
- Consumer-to-consumer e-commerce
What is the term for e-commerce transactions between a supplier organization and its customers?
What is the term for e-commerce transactions between a supplier organization and its customers?
- Intermediary e-commerce
- Buy-side e-commerce
- Sell-side e-commerce (correct)
- Consumer-to-consumer e-commerce
What is the annual growth rate of e-commerce sales in most countries?
What is the annual growth rate of e-commerce sales in most countries?
Signup and view all the answers
What is digital business?
What is digital business?
Signup and view all the answers
Flashcards are hidden until you start studying
Study Notes
E-commerce Fundamentals
- One unique feature of the Internet and Web as a commercial medium is interactivity, which allows for two-way communication between the business and the customer.
- Business-to-Business (B2B) e-commerce refers to e-commerce transactions between a purchasing organization and its suppliers.
- Business-to-Consumer (B2C) e-commerce refers to e-commerce transactions between a supplier organization and its customers.
- The annual growth rate of e-commerce sales in most countries is 15-20%.
- Digital business refers to the use of digital technologies to create new or modify existing business models, and can include e-commerce, digital marketing, and digital communication.
Studying That Suits You
Use AI to generate personalized quizzes and flashcards to suit your learning preferences.
