INSY 3330 Exam 1 2024 Questions & Answers 100% CORRECT
E-Commerce - ANSWERSthe use of the Internet, the Web, and apps to transact business
E-Business - ANSWERSthe digital enabling of transactions and processes within a firm, involving information systems in control of the firm
Web 2.0 - ...
E-Commerce - ANSWERSthe use of the Internet, the Web, and apps to transact business
E-Business - ANSWERSthe digital enabling of transactions and processes within a firm, involving
information systems in control of the firm
Web 2.0 - ANSWERSa set of applications and technologies that allows users to:
- create, edit, and distribute content
- share preferences, bookmarks, and online personas
- participate in virtual lives
- build online communities
Marketspace - ANSWERSa marketplace extended beyond traditional boundaries and removed from a
temporal and geographic location
Interactivity - ANSWERStechnology that allows for two-way communication between merchant and
consumer
Information Density - ANSWERSthe total amount and quality of information available to all market
participants
Internet - ANSWERSa worldwide network of computer networks built on common standards
The Web - ANSWERSprovides access to billions of Web pages that run on the Internet infrastructure
Mobile Platform - ANSWERSprovides the ability to access the Internet from a variety of highly mobile
devices such as smartphones, tablets, and other ultra-lightweight laptop computers
, HTML5 - ANSWERSa new markup language that will enable more dynamic Web content and allow for
bower-accessible Web apps that are as appealing as device-specific apps
Disintermediation - ANSWERSdisplacement of market middlemen who traditionally are intermediaries
between producers and consumers by a new direct relationship between producers and consumers
Network Effect - ANSWERSoccurs where users receive value from the fact that everyone else uses the
same tool or product
Business Model - ANSWERSa set of planned activities designed to result in a profit in a marketplace
Business Plan - ANSWERSa document that describes a firm's business model, taking into account the
competitive environment
Value Proposition - ANSWERSdefines how a company's product or service fulfills the needs of customers
Revenue Model - ANSWERSdescribes how the firm will earn revenue, produce profits, and produce and
superior return on invested capital
Seed Capital - ANSWERStypically, an entrepreneur's personal funds from savings, credit card advances,
home equity loans, or from family and friends
Incubators - ANSWERStypically provide a small amount of funding and an array of services to start-up
companies
Venture Capital Investors - ANSWERStypically invest funds they manage for other investors; usually invest
in the later-stages of a start-up
Crowdfunding - ANSWERSinvolves using the Internet to enable individuals to collective contribute money
to support a project
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Bensuda. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for £6.95. You're not tied to anything after your purchase.
