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34 Cards in this Set
- Front
- Back
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other term for E-commerce
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e-business
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Business activities using electronic data transmission
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1. Business-to-Consumer
2. Business-to-Business 3. Support selling and purchasing activities |
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consumer shopping on the web
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B2C
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transactions conducted between businesses on the web
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B2B
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electronic transmissions of account exchange information over private communication netowrk
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Electronic fund transfer EFT
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other term for EFT
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wire transfer
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occurs when one business transmits computer readable in a standard format to another business
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Electronic Data Interchange EDI
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business that engage in EDI with each other are called ____________
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trading partners
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Advantages of E-Commerce
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1. Better Advertising
2. Can reach narrow market 3. Reduced costs (sales inquiries) 4. Increased sales opportunities for the seller 5. wide range of choices 6. general welfare of the society |
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Disadvantages of E-commerce
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1. impossible to inspect
2. delivery services are limited 3. hard to quantify 4. trouble of recruiting employees 5. difficulty of integrating existing databases |
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E-Commerce Securities
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1. Encryption
2. Secure Socket Layer Protocol 3. Secure HTTP Protocol |
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is the coding of information by using mathematically based program and a secret key to produce a string of characters that us unintelligible
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encryption
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the science that study encryption
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cryptography
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etymology of cryptography
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Krupto=secret
Grafh= Writing |
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provides security handshake in which the client and server computers exchange a brief burst of messages.
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SSL
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can secure many different types of communications between computers
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SSL
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is an extension to HTTP that provides a number of security features, including client and server authentication, spontaneous encryption
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SHTTP
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keeps track of the items you have selected to purchase and allows you to view what is in it, add new items to it or remove items from it
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shopping card
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basic ways to pay your purchases
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1. cash
2. check 3. credit card |
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distribution can be handled by wallets, smart cards or propriety, limited use of scrip
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electronic cash
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digital cash minted by a small number of third party organization
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scrip
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characteristics of E-cash
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1. must be possible to spend e-cash only once
2. ought to be anonymous |
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E-cash Systems
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1. checkfree
2. clickshare 3. digicash 4. eCoin 5. InternetCash 6. MiliCent 7. Paypal |
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provides services to both large corporations and individual internet users
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checkfree
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e-cash system aimed at magazine and newspaper publishers
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clickshare
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a system that allows consumers and businesses to exchange eCash for US dollars
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Digicash
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consumer can use the tokens to pay for online goods
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eCoin
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Provide online customers the option of using cash rather than credit cards to pay for purchases
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InternetCash
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electronic scrip system that does not issue standard currency system.
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MilliCent
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is an electronic cash payment system that is a very popular way for consumers to pay for online purchases. Very popular with eBay auction customers
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Paypal
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serving a function similar to physical wallet, holds credit cards, electronic cash, owner identification, and owner contact information and provides that information at an electronic commerce site's checkout counter
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Electronic Wallets e-wallet
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Categories of E-Wallet
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1. Server-side e-wallet
2. Client-side e-wallet |
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stores a customer's information on a remote server belonging to a particular merchant or belonging to the wallet's publisher
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Server-side e-wallet
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stores a consumer's information on the consumer's own computer
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Client-side e-wallet
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