Podcast
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?
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?
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?
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
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.
Description
Test your knowledge on the unique features of the Internet and Web as a commercial medium, as well as the concepts of e-commerce and digitally mediated information exchanges. Explore topics such as ubiquity, global reach, interactivity, and personalization in this quiz on digital business and e-commerce management.