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

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Disadvantages

A

_Lack of personal touch
_requires an initial setup cost for hardware , soft ware
_Security key

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

B2C

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

B2B

A

Business to Business

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

C2B

A

Consumer to Business

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

Trade cycle

A

fluctuations in economic activities specially in employment, output and income, prices, profits etc.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q
A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly