IS Application - E-Com & M-Com Flashcards

1
Q

Define e-commerce

A

Uses the internet to transact business

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2
Q

What’s the mnemonic acronym I use to remember e-commerce features, what does it stand for

A

UU PIG SRI

Ubiquitous
Universal standards
Personalization/uniqueness
Information density
Global reach
Social technology
Richness
Interactivity
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3
Q

What’s the acronym i use for e-com bus models, what does it stand for, and a company example for each

A

CSC TEMP

Content provider - spotify/youtube
Service provider - google apps
Community provider - facebook
Transaction broker - paypal
E-tailer - amazon
Market creator - trademe
Portal - google, yahoo
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4
Q

When you talk about m-commerce, you talk about

A

Location-based services

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