E-Commerce Overview and Types

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Questions and Answers

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?

  • 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?

  • 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?

<p>Share content quickly and efficiently (A)</p> Signup and view all the answers

Which of the following is NOT considered a type of e-commerce?

<p>Social to Consumer (S2C) (C)</p> Signup and view all the answers

One benefit of social media mentioned is its ability to:

<p>Facilitate global connectivity (A)</p> Signup and view all the answers

A disadvantage of social media is that it can lead to:

<p>A decrease in attention spans (C)</p> Signup and view all the answers

Which of the following best describes Electronic Commerce (E-commerce)?

<p>All forms of transactions occurring online (D)</p> Signup and view all the answers

Which platform is characterized as a Media Sharing social media site?

<p>YouTube (B)</p> Signup and view all the answers

What can be a consequence of the pervasive use of social media?

<p>Increased dependence on passive consumption (C)</p> Signup and view all the answers

Flashcards

What is E-commerce?

Any transaction that takes place online, without the use of physical paper.

B2B (Business to Business)

A type of e-commerce where businesses sell products or services to other businesses.

B2C (Business to Consumer)

A type of e-commerce where businesses sell products or services directly to consumers.

C2B (Consumer to Business)

A type of e-commerce when consumers offer services to businesses.

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C2C (Consumer to Consumer)

When consumers sell or trade goods or services to other consumers.

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What is Social Media?

Websites and applications that allow people to easily share content in real-time.

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Social Network (e.g., Facebook)

A type of social media where people connect and interact with each other.

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Media Sharing (e.g., YouTube & Instagram)

A type of social media where people share videos, images, or other media content.

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Social Blogging (e.g., Blogger & WordPress)

A type of social media where people share their thoughts and experiences in the form of articles or posts.

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Discussion (e.g., Reddit)

A type of social media that allows people to engage in discussions and share their opinions on various topics.

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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

  • Business-to-Business (B2B): Transactions between businesses (e.g., manufacturers, retailers, traders). Examples include Samsung and Apple's LED displays.

  • Business-to-Consumer (B2C): Businesses selling directly to consumers online (e.g., Uniqlo, DIY online stores).

  • Consumer-to-Business (C2B): Consumers providing a service to businesses (e.g., Fiverr, influencers).

  • 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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