module 8 Flashcards
1
Q
value chain
A
series of activities designed to meet business needs by adding value or cost in each phase
2
Q
top four components of value chain
A
org infrastructure
HR management
Technological development
procurement
3
Q
merchant model
A
transfers old retail model to ecommerce
4
Q
brokerage model
A
brings sellers and buyers together on the web
5
Q
advertising model
A
extension of traditional advertising
6
Q
mixed model
A
generating revenue from more than one source
7
Q
infomediary
A
collect info on consumers or businesses and sell it to other companies
8
Q
subscription
A
sell digital products or services to customers
9
Q
five major activities involved in conducting B2C ecommerce
A
info sharing
ordering
payment
fulfillment
service and support
10
Q
A
