E commerce - Chapter 1

B2b is an online business model that facilitates online sales transactions between two businesses

• True

• False

Business-to-consumer (b2c) refers to commerce between a business and an individual consumer

• True

• False

Consumer Sells A Product To Another Consumer Such As ebay Is Example Of B2C

• True

• False

The most commonly discussed type of commerce is __________ in which online business attempts to reach individual consumers.

• B2C

• C2C

• B2B

• B2G

It refers to the transactions conducted directly between a company and consumers who are the end-users of its products or services.

• B2B

• B2C

• C2C

• C2B

Advantages of e-commerce include:

• There is no guarantee of product quality

• More reach to customers, there is no theoretical geographic limitations

• Mechanical failures can cause unpredictable effects on the total processes.

• Easy to start and manage a business

Disadvantages of e-commerce include:

• No need of physical company set-ups

• Customers can easily select products from different providers without moving around physically

• Any one, good or bad, can easily start a business. And there are many bad sites which eat up customers’ money

• There are many hackers who look for opportunities, and thus an ecommerce site, service, payment gateways, all are always prone to attack

What is ecommerce?

• The ability of emergency management/response personnel to interact and work well together.

• The Procedures and protocols for the release of warnings, incident notifications, public communications, and other critical information are disseminated through a defined combination of networks used by the Emergency Operations Center.

• The integration of communications, data management, and security technologies to allow individuals and organizations to exchange funny pictures via social media.

• The integration of communications, data management, and security technologies to allow individuals and organizations to exchange information related to the sale of goods and services.

This is people that include in business to business except

• Wholesaler

• Retailer

• Customer

• Manufacturer

Which is NOT a negative impact of e-Commerce

• Availability of products 24/7/365

• You never have to pay shipping charges

• Receive product immediately

• Potential for scamming