Podcast
Questions and Answers
What is the primary focus of Business to Business (B2B) e-commerce?
What is the primary focus of Business to Business (B2B) e-commerce?
- Exchanging goods and services between consumers
- Facilitating consumer feedback for businesses
- Selling products directly to consumers
- Providing products from one business to another (correct)
Which of the following is an example of Consumer to Consumer (C2C) e-commerce?
Which of the following is an example of Consumer to Consumer (C2C) e-commerce?
- Contracts offered by businesses to freelancers
- E-books sold by authors on their own websites
- Online auction sites where individuals sell items (correct)
- Retail outlets selling discounted products online
Which type of e-commerce involves consumers providing services to businesses?
Which type of e-commerce involves consumers providing services to businesses?
- Business to Business (B2B)
- Consumer to Business (C2B) (correct)
- Consumer to Consumer (C2C)
- Business to Consumer (B2C)
What does Social Media primarily allow users to do?
What does Social Media primarily allow users to do?
Which of the following is NOT considered a type of e-commerce?
Which of the following is NOT considered a type of e-commerce?
One benefit of social media mentioned is its ability to:
One benefit of social media mentioned is its ability to:
A disadvantage of social media is that it can lead to:
A disadvantage of social media is that it can lead to:
Which of the following best describes Electronic Commerce (E-commerce)?
Which of the following best describes Electronic Commerce (E-commerce)?
Which platform is characterized as a Media Sharing social media site?
Which platform is characterized as a Media Sharing social media site?
What can be a consequence of the pervasive use of social media?
What can be a consequence of the pervasive use of social media?
Flashcards
What is E-commerce?
What is E-commerce?
Any transaction that takes place online, without the use of physical paper.
B2B (Business to Business)
B2B (Business to Business)
A type of e-commerce where businesses sell products or services to other businesses.
B2C (Business to Consumer)
B2C (Business to Consumer)
A type of e-commerce where businesses sell products or services directly to consumers.
C2B (Consumer to Business)
C2B (Consumer to Business)
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C2C (Consumer to Consumer)
C2C (Consumer to Consumer)
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What is Social Media?
What is Social Media?
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Social Network (e.g., Facebook)
Social Network (e.g., Facebook)
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Media Sharing (e.g., YouTube & Instagram)
Media Sharing (e.g., YouTube & Instagram)
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Social Blogging (e.g., Blogger & WordPress)
Social Blogging (e.g., Blogger & WordPress)
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Discussion (e.g., Reddit)
Discussion (e.g., Reddit)
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Study Notes
E-Commerce
- E-commerce is any transaction conducted online, eliminating paper-based processes.
- Key methods include Electronic Data Interchange (EDI), email, electronic bulletin boards, electronic fund transfers (EFT), and other network-based technologies.
Types of E-Commerce
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Business-to-Business (B2B): Transactions between businesses (e.g., manufacturers, retailers, traders). Examples include Samsung and Apple's LED displays.
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Business-to-Consumer (B2C): Businesses selling directly to consumers online (e.g., Uniqlo, DIY online stores).
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Consumer-to-Business (C2B): Consumers providing a service to businesses (e.g., Fiverr, influencers).
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Consumer-to-Consumer (C2C): Transactions between consumers, often using platforms like auctions (e.g., Mudah, Carousell).
Social Media
- Social media comprises websites and apps enabling quick, efficient, and real-time content sharing.
- Examples of social media types include social networks (Facebook), media sharing (YouTube), social blogging (blogs), discussion platforms (Reddit), and review sites (TripAdvisor).
Advantages of E-Commerce and Social Media
- Educational process: E-learning reduces barriers and expands access to education.
- Worldwide connectivity: Easy and convenient global communication.
- Online marketing: Builds customer relationships and boosts sales.
- Fast information spread: Information reaches broader audiences quickly.
- Creativity and Achieve goals: Online forums foster ideas and online resources support aspirations.
Disadvantages of E-Commerce and Social Media
- Privacy concerns: Data sharing raises privacy risks.
- Lifestyle changes: Screen time and shortened attention spans are potential consequences.
- Reduced emotional connection: Lack of nonverbal cues diminishes personal interactions.
- Family intimacy reduction: Less face-to-face time with family can strain relationships.
- Dopamine addiction: The instant gratification aspect fuels addictive tendencies.
- Laziness: Easy access to online resources may result in reduced effort.
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