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CHAPTER 1 THE SECOND WAVE OF GLOBAL E-BUSINESS - Coggle Diagram
CHAPTER 1 THE SECOND WAVE OF GLOBAL E-BUSINESS
ELECTRONIC COMMERCE
Shopping on the web
Internal company processes
Internet and World Wide Web
Wireless transmissions
Dot-com
Business operating only online
Consumer shopping on web
E-procurement
Categories of E-Commerce
Activity
Transactions
Business process
Consumer to consumer (C2C)
Business to government (B2G)
Business sell goods or services to governments / government agencies
Business to consumer (B2C)
Business to business (B2B)
Business sell products or services to other businesses
Sell products or services to individual consumers
Participants in online marketplace can buy and sell goods to each other.
Growth of Electronic Commerce
Electronic Funds Transfers (EFTs)
Electronic Data Interchange (EDI)
Trading partners
Value-added network (VAN)
Electronic commerce FIRST and SECOND wave characteristics
Regional scope
First wave : United States phenomenon
Second wave : international
Start-up capital
First wave : Easy to obtain
Second wave : Companies using internal funds
Internet technologies used
First wave : Slow and inexpensive
Second wave : Broadband connections
Third Wave of Electronic Commerce
Smart Phone
Web 2.0
Bar codes
Scanners
RFID devices