insy 3330 exam 1 ACTUAL UPDATED QUESTIONS AND CORRECT ANSWERS
, 6 Types of E-commerce: - Business-to-consumer (B2C) E-commerce: online businesses selling to individual
consumers
- Business-to-Business (B2B) E-commerce: online business selling to other
businesses
- Consumer-to-Consumer (C2C) E-commerce: consumers selling to other
consumers
- Mobile E-commerce (M-commerce): use of mobile devices to enable online
transactions
- Social E-commerce: e-commerce enabled by social networks and online social
relationships
- Local E-commerce: e-commerce that is focused on engaging the consumer
based on his or her current geographic location
E-business the digital enabling of transactions and processes within a firm, involving
information systems under the control of the firm
Internet worldwide network of computer networks built on common standards
The World Wide Web (the Web) provides access to billions of Web pages
Web2.0 a set of applications and technologies that allows users to create, edit, and
distribute content; share preferences, bookmarks, and online personas;
participate in virtual lives; and build online communities
Mobile platform probides the ability to access the Internet from a variety of highly mobile devices
such as smartphones, tablets, and other ultra-lightweight laptop computers
E-commerce the use of the internet, the Web and apps to transact business, more formally,
digitally enabled commercial transactions between and among organizations and
individuals.
Marketplace physical place you visit in order to transact
HTML5 a new markup language that will enable more dynamic Web content and allow for
browser-accessible Web apps that are as appealing as device-specific apps.
Interactivity technology that allows for two-way communication between merchant and
consumer
Disintermediation displacement of market middlemen who traditionally are intermediaries between
producers and consumers by a new direct relationship between producers and
consumers
Information density the total amount and quality of information available to all market participants
, 6 Types of E-commerce: - Business-to-consumer (B2C) E-commerce: online businesses selling to individual
consumers
- Business-to-Business (B2B) E-commerce: online business selling to other
businesses
- Consumer-to-Consumer (C2C) E-commerce: consumers selling to other
consumers
- Mobile E-commerce (M-commerce): use of mobile devices to enable online
transactions
- Social E-commerce: e-commerce enabled by social networks and online social
relationships
- Local E-commerce: e-commerce that is focused on engaging the consumer
based on his or her current geographic location
E-business the digital enabling of transactions and processes within a firm, involving
information systems under the control of the firm
Internet worldwide network of computer networks built on common standards
The World Wide Web (the Web) provides access to billions of Web pages
Web2.0 a set of applications and technologies that allows users to create, edit, and
distribute content; share preferences, bookmarks, and online personas;
participate in virtual lives; and build online communities
Mobile platform probides the ability to access the Internet from a variety of highly mobile devices
such as smartphones, tablets, and other ultra-lightweight laptop computers
E-commerce the use of the internet, the Web and apps to transact business, more formally,
digitally enabled commercial transactions between and among organizations and
individuals.
Marketplace physical place you visit in order to transact
HTML5 a new markup language that will enable more dynamic Web content and allow for
browser-accessible Web apps that are as appealing as device-specific apps.
Interactivity technology that allows for two-way communication between merchant and
consumer
Disintermediation displacement of market middlemen who traditionally are intermediaries between
producers and consumers by a new direct relationship between producers and
consumers
Information density the total amount and quality of information available to all market participants
