E-Commerce: Business Models and Implementation

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What is the definition of e-commerce?

Conducting business transactions over the Internet or similar technology

What is the meaning of a 'dot-com' store?

An internet-only store with no physical presence

What is 'brick-and-mortar' store?

A conventional store with a physical presence

What is the term used for e-commerce carried out via phones and other mobile devices?

M-commerce

What are the potential advantages of e-commerce?

Global reach, reduced costs, and increased convenience

What is the primary focus of this chapter?

Potential advantages and disadvantages of e-commerce

Which technology is now most often used for performing e-commerce transactions?

Internet

What is the difference between a 'dot-com' store and a brick-and-mortar store?

Dot-com stores have no physical presence, while brick-and-mortar stores do

What is the term used for e-commerce carried out via phones and other mobile devices?

M-commerce

What type of business models and websites are covered in this chapter?

Only e-commerce business models and websites

Test your knowledge of e-commerce by exploring its definition, advantages, disadvantages, business models, and different types of websites.

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