chapter 5

Question 1

e-business

Answer 1

carrying on business activities through internet.

Question 2

four types of transactions

Answer 2

1.B2B commerce
2. B2C commerce
3.C2C commerce
4.intra B-commerce

Question 3

B2B commerce

Answer 3

transactions taking between business unit.

Question 4

B2C commerce

Answer 4

the transactions taking place between business units and customers.

Question 5

C2C commerce

Answer 5

the transactions taking place between customers and customers

Question 6

intra B-commerce

Answer 6

This refers to transactions between the parties or persons who are part of one firm only.

Question 7

benefits of e-business

Answer 7

1. easy to form and lower investment required
2. convenience
3. speed
4. global reach
5. cost saving
6. movement towards a paperless society