E-Commerce correct answers electronic business or exchange conducted over the internet
B2C (business-to-consumer) correct answers the process in which businesses sell to consumers
B2B (business-to-business) correct answers the process of selling merchandise or services from
one business to another
C2C (consumer-to-consumer) correct answers An e-commerce platform, such as eBay, that
enables customers to trade with each other.
Social e-commerce correct answers e-commerce enabled by social networks and online social
relationships
M-commerce correct answers the ability to conduct commerce using a mobile device for the
purpose of buying or selling goods or services
Local e-commerce correct answers e-commerce that is focused on engaging the consumer based
on his or her current geographic location
E-Business correct answers carrying out the goals of business through utilization of the internet
Web 2.0 correct answers a set of applications and technologies that enable user-generated
content, such as online social networks, blogs, video and photo sharing sites, and wikis
Marketspace correct answers a marketplace extended beyond traditional boundaries and removed
from a temporal and geographic location
,Information Density correct answers the total amount and quality of information available to all
market participants
The Web correct answers one of the Internet's most popular services, providing access to billions
of web pages
Mobile Platform correct answers provides the ability to access the Internet from a variety of
mobile devices such as smartphones, tablets, and other ultra-lightweight laptop computers
HTML5 correct answers markup language that enables more dynamic web content and allows
for browser-accessible web apps that are as appealing as device-specific apps
Business Model correct answers a set of planned activities designed to result in a profit in a
marketplace
Business Plan correct answers a document that describes a firm's business model
Value Proposition correct answers defines how a company's product or service fulfills the needs
of customers
Revenue Model/Revenue Model Types correct answers describes how the firm will earn revenue,
generate profits, and produce a superior return on invested capital
advertising revenue model correct answers a company provides a forum for advertisements and
receives fees from advertisers
subscription revenue model correct answers a company offers its users content or services and
charges a subscription fee for access to some or all of its offerings
, Freemium Strategy correct answers companies give away a certain level of product or services
for free, but then charge a subscription fee for premium levels of the product or service
Transaction fee revenue model correct answers a company receives a fee for enabling or
executing a transaction
sales revenue model correct answers companies derive revenue by selling goods, information, or
services to customers
affiliate revenue model correct answers a company steers business to an affiliate and receives a
referral fee or percentage of the revenue from any resulting sales
Venture Capital Investors correct answers typically invest funds they manage for other investors;
usually later-stage investors
Scale Economies correct answers efficiencies that arise from increasing the size of a business
Value Chain correct answers the set of activities performed in an industry or in a firm that
transforms raw inputs into final products and services
Packet correct answers the discrete units into which digital messages are sliced for transmission
over the Internet
Packet Switching correct answers a method of slicing digital messages into packets, sending the
packets along different communication paths as they become available, and then reassembling
the packets once they arrive at their destination
TCP/IP correct answers Transmission Control Protocol/Internet Protocol (core communications
protocol for the Internet)