Chapter - 1 (The Revolution is Just beginning Flashcards
Use of internet and web to transact business
E-commerce
Digital enabling of transaction and processes within a firm, involving information systems under firm’s control
E-business
Traditional commerce:
*Consumer as passive targets
*Mass-marketing driven
*Sales-force driven
*Fixed prices
*Information asymmetry
Eight Unique Features of E-commerce Technology
- Ubiquity
- Global reach
- Universal standards
- infomations richness
- Interactivity
- Information density
- Personalization / customization
- Social technology
Types of E-commerce
- Business-to-Consumer (B2C)
- Business-to-Business (B2B)
- Consumer-to-Consumer (C2C)
- Social e-commerce
- Mobile e-commerce (M-commerce)
- Local e-commerce
What year The internet created?
created in late 1960s
what is internet?
worldwide network of computer networks built on common standards.
What year the web developed?
early 1990s
what is Web?
Most popular Internet service
mobile devices include:
- Tablets
- Smartphones
- Ultra-lightweight laptops
What year Beginning of e-commerce
1995
What year was the consolidation?
2001-2006
what year was the present: Reinvention?
2007
development and mastery of digital computing and communications technology?
technology
new technologies present businesses with new ways of organizing production and transacting business?
business
intellectual property, individual privacy, public welfare policy?
society
