Reading...
Play button
Play button
Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
34 Cards in this Set
- Front
- Back
|
advertising model
|
an extension of traditional advertising media, such as radio and television.
|
|
|
brokerage model
|
Using the brokerage model brings sellers and buyers together on the Web and collects commissions on transactions between these parties.
|
|
|
Business–to–business (B2B)
|
e–commerce involves electronic transactions between businesses.
|
|
|
Business–to–consumer (B2C)
|
companies sell directly to consumers.
|
|
|
buyer–side marketplace
|
a buyer, or a group of buyers, opens an electronic marketplace and invites sellers to bid on announced products or requests for quotation (RFQs).
|
|
|
Click–and–brick e–commerce
|
mixes traditional commerce and e–commerce.
|
|
|
Consumer–to–business (C2B)
|
e–commerce involves people selling products or services to businesses.
|
|
|
Consumer–to–consumer (C2C)
|
e–commerce involves business transactions between users.
|
|
|
E–business
|
encompasses all activities a company performs for selling and buying products and services, using computers and communication technologies.
|
|
|
E–cash
|
is a secure and convenient alternative to bills and coins.
|
|
|
e–check
|
the electronic version of a paper check.
|
|
|
E–commerce
|
is buying and selling goods and services over the Internet.
|
|
|
E–government
|
applications can include government–to–citizen, government–to–business, government–to– government, and government–to–employee.
|
|
|
E–procurement
|
enables employees in an organization to order and receive supplies and services directly from suppliers.
|
|
|
E–wallets
|
offer a secure, convenient, and portable tool for online shopping.
|
|
|
Electronic payment
|
refers to money or scrip which is exchanged only electronically.
|
|
|
horizontal market
|
concentrates on a specific function or business process.
|
|
|
informediary model
|
E–commerce sites that use the informediary model collect information on consumers and businesses and then sell this information to other companies.
|
|
|
merchant model
|
transfers the old retail model to the e–commerce world by using the medium of the Internet.
|
|
|
Micropayments
|
are used for very small payments on the Web.
|
|
|
mixed model
|
generates revenue from more than one source.
|
|
|
Mobile commerce (m–commerce)
|
is using handheld devices to conduct business transactions.
|
|
|
Organizational or intrabusiness e–commerce
|
involves e–commerce activities that take place inside an organization, typically via the organization’s intranet.
|
|
|
PayPal
|
is a popular online payment system used in many online auction sites.
|
|
|
Search engine optimization (SEO)
|
is a method for improving the volume or quality of traffic to a Web site.
|
|
|
seller–side marketplace
|
sellers who cater to specialized markets come together to create a common marketplace for buyers.
|
|
|
smart card
|
about the size of a credit card and contains an embedded microprocessor chip storing important financial and personal information.
|
|
|
subscription model
|
an e–commerce site sells digital products or services to customers.
|
|
|
third–party exchange marketplace
|
controlled by a third party, and the marketplace generates revenue from the fees charged for matching buyers and sellers.
|
|
|
Trading partner agreements
|
automate negotiating processes and enforce contracts between participating businesses.
|
|
|
value chain
|
a series of activities designed to meet business needs by adding value (or cost) in each phase of the e–commerce process.
|
|
|
vertical market
|
concentrates on a specific industry or market.
|
|
|
Voice–based e–commerce
|
relies on voice recognition and text–to– speech technologies.
|
|
|
Web marketing
|
uses the Web and its supporting technologies to promote goods and services
|
