Exam 1 Flashcards
8 unique features of e-commerce
Ubiguity Global reach Universal standards Richness Interactivity Information density Personalization Social technology
Marketspace
A marketplace extended beyond traditional boundaries and removed from a temporal and geographic location.
Ubiguity
Available just about everywhere at all times
Revenue model of an e-tailer
Includes B2B & B2C
Market opportunity
Refers to the company’s intended marketspace and the overall potential financial opportunities available tonthe firm in that marketspace
E-commerce
Digitally enabled commercial transactions between and among organizations and individuals
Freemium strategy
Company gives away a certain level of product or service without charge, but then charges a fee for premium levels of the product or service
Sales revenue model
The revenue model of an e-tailer
Business model
Set of planned activities designed to result in a profit in a marektplace
Value proposition
Addresses why the customer should buy from you
Which company used a transaction fee revenue model?
E* Trade
Market strategy
Specifically details how you plan to find customers and to sell your product
What gives a business mode credibility with outside investors?
Firms management team
Cloud computing
Form of computing that allows for computing power to be obtained through software applications on the internet. Allows for you to not need hardware or software
Public cloud
Exposed to the public and can be used by everyone
Private cloud
Used by a single organization, which aren’t exposed to the public
Hybrid cloud
Can be distributed among public and private clouds. Data from multiple orgs is stored in a shared environment
ICANN
Closest to being a manager of the internet. It coordinates the internets systems of unique identifiers: IP addresses, protocol paramager registries, and top level domain systems.
HTML (HyperText Markup Language
Provides web page designers with a fixed set of markup tags used to format a web page. Defines the structure of a doc, including headlines, tables, etc.
CSS
Tells browser how to display the HTML elements on screen.
Packet switching
Process of slicing digitial messages into parcels, sending them along different communication paths and reassembling them at destination point
IPv4
32-bit number that appears as a series if four separste numbers separated by periods