Mastering E-Business and E-Commerce

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Questions and Answers

Which of the following best defines E-Business?

  • The use of digital technologies to transform key business processes (correct)
  • All digital transactions between an organization and a third party
  • The collaboration between businesses and consumers
  • The buying and selling of products online

Which of the following is an example of Business to Business (B2B) e-commerce?

  • Mobile banking
  • Amazon.com
  • eBay
  • Car parts for cars (correct)

Which of the following is an example of Consumer to Consumer (C2C) e-commerce?

  • Amazon.com
  • Mobile banking
  • Car parts for cars
  • eBay (correct)

What is the main difference between E-Business and E-Commerce?

<p>E-Business requires a website, while E-Commerce requires internet, intranet, and extranet networks (A)</p> Signup and view all the answers

What is M-Commerce?

<p>Transactions using mobile devices (D)</p> Signup and view all the answers

Which of the following best describes E-Business?

<p>The use of digital technologies to transform key business processes (C)</p> Signup and view all the answers

What is the primary focus of E-Commerce?

<p>Transactions between businesses and consumers (B)</p> Signup and view all the answers

Which type of e-commerce involves customers selling products to other customers?

<p>Consumer to Consumer (C2C) (D)</p> Signup and view all the answers

What are the components of E-Business?

<p>Business intelligence, E-transfers within firm, CRM (C)</p> Signup and view all the answers

Which type of e-commerce involves transactions using mobile devices?

<p>M-Commerce (C)</p> Signup and view all the answers

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Study Notes

E-Business Definition

  • E-Business encompasses all business activities conducted online, including internal and external processes.
  • Key components include supply chain management, customer relationship management, and online transactions.

E-Commerce Examples

  • Business to Business (B2B) e-commerce involves transactions between businesses, such as wholesale distributors selling to retailers.
  • Consumer to Consumer (C2C) e-commerce refers to transactions between consumers, typically facilitated by online platforms, like eBay or Craigslist.

E-Business vs. E-Commerce

  • E-Business includes a broader range of online activities beyond transactions, whereas E-Commerce focuses specifically on buying and selling products or services online.

M-Commerce

  • M-Commerce, or mobile commerce, refers to e-commerce transactions conducted via mobile devices, such as smartphones and tablets.

Primary Focus of E-Commerce

  • The primary focus of E-Commerce is to facilitate the buying and selling of goods and services over the internet.

Components of E-Business

  • Essential components of E-Business include:
    • Online transactions
    • Supply chain management
    • Customer relationship management
    • E-marketing
    • Business process automation

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