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31 Cards in this Set

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  • Back
Business
The organized effort of individuals to produce and sell, for a profit, products and services that satisfy society's needs.
e-business
The organized effort of individuals to produce and sell, for a profit, products and services that satisfy society's needs through the facilities available on the internet.
e-commerce
The activities involved in buying and selling online, which may include identifying suppliers, selecting products or services, making purchace commitments, completing financial transactions, and obtaining service.
Revenue Stream
The source of revenue flowing into the firm, such as revenues earned from selling online or selling advertising.
World Wide Web
The multimedia internet environment that may present a blend of audio, visual, and text data to viewers.
customer relationship management
Software solutions that incorporate a variety of means to manage the tasks of comunicating with customers and sharing this information with employess in order to create more efficient relationships.
supply-chain management
Software solutions that focus on ways to improve communication between the suppliers and the users of materiels and components, enabling manufacturers to reduce inventories, improve delivery schedules, reduce costs, and so forth.
e-zines
online magazines.
digitized
For data, converted into the type of digital signal that the computers and telecomunications equipment that make up the internet can understand and transfer.
business model
A group of shared or common characteristics behaviors and methods of doing business in order to generate profits
business to busines model B2B
A business model in which firms use the internet mainly to conduct business with other businesses.
electronic data interchange EDI
An electronic system that allows for the exchange of formatted information as is typically found in such documents as purchase orders and invoices without using printed forms.
enterprise resource planning ERP
the back office accounting software systems that handle order entry, purchasing, invoicing, and inventory control.
business to consumer model B2C
a business model in which firms use the internet mainly to conduct business with consumers.
consumer to consumer C2C
a business model in which firms facilitate the exchange of data directly between individuals over the internet using peer to peer software.
peer to peer P2P software
Software that allows individuals to exchange data directly with one another over the internet without the use of an intermediary central computer.
server
a central computer that distributes requested files to individual users.
brokerage e-business model
an e-business model that encompasses online marketplaces in which buyers and sellers are brought together in an organized environment to facilitate the exchange of goods.
advertising e-business model
an ebusiness model based on earning revenues in exchange for the display of advertisements on a firm's website.
subscription e-business model
an e-business model in which access to a site is controlled by a subscription fee.
pay-per-view e-business model
an e-business model in which access to a site is controlled by a charge to view single items.
membership e-business model
an e-business model in which acess to a site is controlled by membership fees.
distribution channel member e-business model
an e-business model that includes the activities of retailers, wholesalers, and manufacturers conducting business through the internet.
affiliation e-business model
an e-business model that involves payments to website operators for customers who find their way to a company's site and either buy merchandise or services or perform some other action, such as registering and providing certain information.
community e-business model
an e-business model built around the idea that a group of online users can be regularly brought together at a commonly used website for commercial purposes.
infomediary e-business model
an e-business model based on the collection and sale of online information.
portal e-business model
a type of infomediary that earns by drawing users to its site and serving as a gateway or portal to information located elseware on the internet.
horizontal portals
portals that have a wide general reach into different informational topics.
vertical portals
portals that have a narrow focus into a particular informational topic.
business plan
a document containing detailed descriptions of the fundamental structure of a firm and the activities within it, including sources of revenue, the identity of target customers, pricing, promotion, and other strategies.
e-business plan
a business plan or part of a larger business plan that focuses on a firms internet business activities.