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E-Commerce Final Exam Questions And Answers Latest Update $14.99   Add to cart

Exam (elaborations)

E-Commerce Final Exam Questions And Answers Latest Update

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E-Commerce Final Exam Questions And Answers Latest Update

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  • October 24, 2024
  • 7
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
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Schoolflix
Solution 2024/2025
Pepper

E-Commerce Final Exam Questions And
Answers Latest Update

E-commerce ANS✔✔ The use of the internet, web, apps and browsers in
order to commercially transact digitally between customers and
organizations.



6 Major types of E-Commerce: ANS✔✔ B2C: Transactions occurring with
business selling to consumers. currently comprises a very small portion of
overall e-commerce and the retail market. Ex: Amazon.


B2B: Transactions occurring with businesses selling to other businesses.
$6.3 trillion in transactions in 2017. Ex: paper2go.



C2C: Transactions occurring with consumers selling to other consumers. Ex:
Ebay.



M commerce: E-commerce that takes place on mobile devices. Currently
booming at an exponential rate. Ex: Depop.



Social e-commerce: Enabled by social media and other online networking
sites. Ex: Instagram.



Local e-commerce:

, Solution 2024/2025
Pepper
E-business ANS✔✔ Anything digitized within the business that supports e-
commerce but does not actually account for transactions. For example:
Information systems, databases.



Web 2.0 ANS✔✔ Began in 2007 with the introduction of the iPhone. It is a
set of applications and technologies that enable user generated content. For
example: twitter, blogs, Facebook.



Market space ANS✔✔ Related to Ubiquity: Market Space is the limitless and
boundless ability of sellers to buy anything from anywhere due to mobile e-
commerce. This is opposed to the traditional restrictive market place.



Information Density ANS✔✔ the total amount and quality of information
available to both consumers and producers. It boosts transparency since all
costs are known by both parties. Makes the market more competitive.
Producers can benefit from engaging in price discrimination.



The Web ANS✔✔ It is a information system that is a collection of hyperlinks
that runs on the internet. It is what makes the internet an interesting place.



Mobile Platform ANS✔✔ The ability to access the internet from anywhere
thanks to mobile devices such as phones, tablets and laptops. Mobile apps
could also possibly challenge the existence of the web in the future.



HTML5 ANS✔✔ Hyper Text Markup Language 5. The most recent HTML
language.



Business Model ANS✔✔ It is a set planned activities that are made to result
in profit within the marketplace. It has 8 elements to it.

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