ECommerce Flashcards
Terminology
1
Q
Advantages
A
_Available 24/7
_Provides global reach
_No need for intermediaries
_Provides user with option to compare and _select best option.
_Reduces paper work
_Lowers transaction cost
2
Q
Disadvantages
A
_Lack of personal touch
_requires an initial setup cost for hardware , soft ware
_Security key
3
Q
B2C
A
4
Q
B2B
A
Business to Business
5
Q
C2B
A
Consumer to Business
6
Q
Trade cycle
A
fluctuations in economic activities specially in employment, output and income, prices, profits etc.
7
Q
A