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Chapter 7:E-Business and E-Commerce (Overview (types (Consumer to consumer…
Chapter 7:E-Business and E-Commerce
Business to consumer (B2C)
Electronic malls
online service industries
Electronic storefronts and malls
online advertising
advertising methods
travel services
the online job market
Online securities trading
Cyberbankings
Disintermediation
issues in E-tailing
Overview
Definition
Electronic commerce
The process of buying,selling,transferring or exchanging products,services or information via computer networks including the internet.
Electronic Business (e-business
A much broader concept than e-commerce,servicing customers,collaborating with business partners and performing electronic transactions within an organization.
types
Consumer to consumer (C2C)
Business to employee (B2E)
Business to business (B2B)
E-government
Mobile Commerce
Business to consumer (B2C)
Major E-commerce mechanisms
Electronic auctions
E-storefronts
Electronic catalogs
E-malls
E-marketplaces
Electronic Payment mechanisms
Benefits and limitation of E-Commerce
Limitation
Lack of universally accepted security standards
Perceptions that e-commerce is insecure
Benefits
Deliver information to people in every places
National and International markets are more accessible
Business to business (B2B)
Sell-siide marketplaces
Buy-side marketplaces
Electronic exchange
Ethical and Legal issues in E-Business
domain names
taxes and other fees
Cybersquatting
copyright
Fraud on the internet