Chapter 9 Packet Notes Flashcards
Shared space, services, and management assistance for new business.
Buiness Incubator
- Business Image
- Legal Considerations
- Family and business conflicts.
The Challenges of a Home-Based Business
A professional business image is difficult to maintain in a home environment.
Business Image
Local laws and zoning ordinances prohibit many types of home-based business.
Legal Considerations
The need to observe regular business hours and establish spatial boundaries (specific work areas) to avoid distractions.
Family and Business Conflicts
A group of shared characteristics, behaviors, and goals that a firm follows in a particular business situation.
Business Model
- Business to Business (B2B) Model
- Business to customer (B2C) Model
- Auction sites
Types of Customers Served (E-Commerce Business)
- Sells to business customers electronically
- Facilitates outsourcing
Business-to-Business (B2B) Model
- Electronic retailing to final customers; resulting in disintermediation (bypassing middleman).
- Advantages of 24/7 E-tailing
- User convenience in all-hours access to products and services.
- Immediate completion of transactions
Business-to-Customer (B2C) Model
Web-based business offering participants the ability to list products for bidding.
Auction Sites
- Content-based model
- Information-based model
- Transaction-based model
Nature of Online Presence
The Web site provides information but not the ability to buy or sell products and services.
Content-Based Model
The Web site provides information about a business, its products, and other related matters, but doesn’t charge for its use.
Information-Based Model
The Web site provides a mechanism for buying or selling products or services.
Transaction-Based Model
