Answer the following questions.
(a) Define the term e-commerce.
(b) Differentiate between B2B and B2C commerce.
(c) Discuss some common application areas of e-commerce.
(d) Discuss the role of Mobile-Commerce.
(e) What is Intranet? Write its uses.
(1) What can be the risk factors while doing E-Commerce?
Answers
Answer:
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Answer:
a. E-commerce is the buying and selling of goods and services over the internet.
E-commerce can be a substitute for brick-and-mortar stores, though some businesses choose to maintain both.
Almost anything can be purchased through e-commerce today.
E-commerce lets firms and individuals conduct business over the Internet.
b. B2B eCommerce is an online business model that facilitates online sales transactions between two businesses, whereas B2C eCommerce refers to the process of selling to individual customers directly. ... An example of a B2C transaction would be someone buying a pair of shoes online or booking a pet hotel for a dog.
c. Most Common E-commerce Applications
Retail and Wholesale. E-retailing or online retailing refers to the transaction of goods and services through online stores from businesses to consumers. ...
Finance. ...
Manufacturing. ...
Auctioning. ...
Marketing. ...
Online Shopping. ...
Mobile and Web Applications. ...
Online Booking.
d. Mobile commerce, also known as m-commerce or mcommerce, is the use of wireless handheld devices like cellphones and tablets to conduct commercial transactions online, including the purchase and sale of products, online banking, and paying bills. The use of m-commerce activity is on the rise
e. An intranet is a computer network for sharing information, collaboration tools, operational systems, and other computing services within an organization, usually to the exclusion of access by outsiders. ... An intranet is sometimes contrasted to an extranet.