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Questions and Answers
What is the main reason to study e-commerce?
What is the main reason to study e-commerce?
- To analyze e-commerce ideas, models, and issues (correct)
- To understand the evolution of e-commerce from its early years to today
- To describe the major types of e-commerce
- To identify the major academic disciplines contributing to e-commerce
What is e-commerce, in formal terms?
What is e-commerce, in formal terms?
- The evolution of e-commerce from its early years to today
- The use of Internet to sell products
- The use of mobile browsers and apps to transact business
- Digitally enabled commercial transactions between and among organizations and individuals (correct)
What is a characteristic of the first 20 years of e-commerce?
What is a characteristic of the first 20 years of e-commerce?
- Rapid growth and change (correct)
- No disruptions to traditional business models
- No opportunities for business
- Slow growth and change
What is a theme underlying the study of e-commerce?
What is a theme underlying the study of e-commerce?
What is an example of an on-demand service company?
What is an example of an on-demand service company?
What is the primary focus of e-business?
What is the primary focus of e-business?
Which of the following is NOT a unique feature of e-commerce technology?
Which of the following is NOT a unique feature of e-commerce technology?
What is the term for e-commerce that takes place using mobile devices?
What is the term for e-commerce that takes place using mobile devices?
What is the primary difference between e-commerce and e-business?
What is the primary difference between e-commerce and e-business?
What is the term for e-commerce that involves transactions between businesses?
What is the term for e-commerce that involves transactions between businesses?
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Study Notes
Introduction to E-Commerce
- E-commerce refers to the use of the internet to transact business, including web, mobile browsers, and apps.
- It involves digitally enabled commercial transactions between and among organizations and individuals.
The Difference between E-Commerce and E-Business
- E-business refers to the digital enabling of transactions and processes within a firm, involving information systems under the firm's control.
- E-business does not include commercial transactions involving an exchange of value across organizational boundaries.
Technological Building Blocks Underlying E-Commerce
- Internet
- World Wide Web (including HTML)
- Deep Web versus "surface" Web
- Mobile platform (including mobile apps)
Major Trends in E-Commerce
- All forms of e-commerce show very strong growth
- Mobile platform has made mobile e-commerce a reality
- Increased online social interaction and sharing
Unique Features of E-Commerce Technology
- Ubiquity
- Global reach
- Universal standards
- Information richness
- Interactivity
- Information density
- Personalization/customization
- Social technology
Types of E-Commerce
- Business-to-Consumer (B2C)
- Business-to-Business (B2B)
- Consumer-to-Consumer (C2C)
- Mobile e-commerce (M-commerce)
- Social e-commerce
- Local e-commerce
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