Podcast
Questions and Answers
E-commerce only involves buying and selling products online.
E-commerce only involves buying and selling products online.
False (B)
E-business refers to the use of internet technologies to transform all business processes.
E-business refers to the use of internet technologies to transform all business processes.
True (A)
Internal processes of companies are not included in e-commerce.
Internal processes of companies are not included in e-commerce.
False (B)
Business activity refers only to tasks performed by workers while on the job.
Business activity refers only to tasks performed by workers while on the job.
A transaction always involves multiple business activities.
A transaction always involves multiple business activities.
Commodity items are differentiated from each other by factors other than price.
Commodity items are differentiated from each other by factors other than price.
Flashcards
E-business
E-business
Using internet technologies to transform all business processes, including internal and external operations.
Business activity definition
Business activity definition
Business activity are tasks performed by workers. Could be both on and off the job.
Commodity items
Commodity items
Standardized items where price is the main differentiating factor.
E-commerce Definition
E-commerce Definition
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Internal processes in e-commerce
Internal processes in e-commerce
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Transaction and activity
Transaction and activity
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Study Notes
E-commerce and E-business
- E-commerce is a limited concept, only involving online buying and selling of products.
- E-business is a broader concept, using internet technologies to transform all business processes, including internal processes.
Business Activity
- Business activity refers to all tasks performed by workers, whether on the job or not.
Transactions and Business Activities
- A transaction typically consists of multiple business activities.
Commodity Items
- Commodity items are differentiated from each other by factors beyond price, such as quality, brand, or features.
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