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?
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?
Which type of e-commerce involves consumers providing services to businesses?
Which type of e-commerce involves consumers providing services to businesses?
What does Social Media primarily allow users to do?
What does Social Media primarily allow users to do?
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Which of the following is NOT considered a type of e-commerce?
Which of the following is NOT considered a type of e-commerce?
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One benefit of social media mentioned is its ability to:
One benefit of social media mentioned is its ability to:
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A disadvantage of social media is that it can lead to:
A disadvantage of social media is that it can lead to:
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Which of the following best describes Electronic Commerce (E-commerce)?
Which of the following best describes Electronic Commerce (E-commerce)?
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Which platform is characterized as a Media Sharing social media site?
Which platform is characterized as a Media Sharing social media site?
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What can be a consequence of the pervasive use of social media?
What can be a consequence of the pervasive use of social media?
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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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Description
Explore the fundamentals of e-commerce, including its definition and key methods. This quiz also covers different types of e-commerce such as B2B, B2C, C2B, and C2C, as well as the role of social media in online transactions.
