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A competitive process in which either a seller solicits consecutive bids from buyers or a buyer solicits bids from sellers, and prices are determined dynamically by competitive bidding |
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Electronic billboards, which typically contain a short tect or graphical message to promote a product or a vender |
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Bricks-and-mortar organizations |
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Organizations in which the product, the process, and the delivery agent are all physical |
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Business-to-business (B2B) |
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Electronic commerce in which both the sellers and the buyers are business organizations |
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Business-to-consumer (B2C) |
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Electronic commerce in which the sellers are organizations and the buyers are individuals; also known as e-tailing |
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Business-to-employee (B2E) |
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An organization using electronic commerce internally to provide information and services to its employees |
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The method by which a company generates revenue to sustain itself |
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b2B model in which organization but needed products or services from other organization electronically, often through a reverse auction |
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The alienation of existing distributors when a company decides to sell to customers directly online |
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Clicks-and-mortar organizations |
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Organizations that do business in bothe physical and digital dimensions |
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Consumer-to-consumer (C2C) |
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Definition
Electronic commerce in which both the buyer and the seller are individuals (not businesses) |
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Various banking activities conducted electronically from home, a business, or on the road instead of at a physical bank location |
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Registering domain names in the hope of selling them later at a higher price |
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Digital wallet (e-wallet) |
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A software component in which a user stores secured personal and credit card information for one-click reuse |
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Elimination of intermediaries in electronic commerce |
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A broader definition of electronic commerce including buying and selling of goods and services, as well as servicing customers, collaborating with business partners, conducting e-learning, and conducting electronic transactions within an organization |
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The use of electronic commerce to deliver information and public services to citizens, business partners, and suppliers of government entities, and those working in the public sector |
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Purchasing by using electronic support |
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Electronic Commerce (e-commerce) |
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Definition
The process of buying, selling, transferring, or exchanging products, services, or information via computer networks, including the Internet |
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A collection of indicidual shops under one Internet address |
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A virtual market s pace on the web where many buyers and many sellers conduct electronic business activities |
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Electronic payment systems |
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Computer-based systems that allow customers to pay for goods and services electronically, rather than writing a check or using cash |
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Electroinc Retailing (e-tailing) |
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Definition
The direct sale of products and services through storefronts or electronic malls, usually designed around an electroinc catalog format and/or auctions |
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The web site of a single company, with its own internet address, at which orders can be placed |
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An auction that sellers use as a selling channel to many potential buyers; the highest bidder wins the items |
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Electroinc marketplaces where needed services such as temporary elp or extra office space are traded on an "ass-needed" basis |
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The affrefation of purchasing orders from many buyers so that a volume discount can be obtained |
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Electronic marketplaces that connect buyers and sellers across many industries, used mainly for MRO materials |
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Mobile Commerce (m-commerce) |
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Definition
Electroinc commerce conducted in a wireless environment |
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A process through which a company integrates its online and offline channels |
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Method of marketing that asks consumers to give their permission to voluntarily accept online advertising and e-mail |
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Person-to-person payments |
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A forma of electroinc cash that enables the tranfer of funds between two individuals, or between an individual and a business, without the use of a credit card |
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An advertisement that is automatically launched by some trigger and appears in front of the active window |
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An advertisement that is automatically launched by some trigger and appeard underneath the active window |
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Electronic marketplace in which there are many sellers and many buyers, and entry is open to all; it is frequently owned and operated by a third party |
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An auction in which one buyer, usually an organization, seeks to buy a product or a service, and suppliers submit bids, the lowest bidder wins |
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B2B model in which organization sell to other organizations from their own private e-marketplace and/or from a third-party size |
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A card that contains a microprocessor (chip_ that enables the card to store a considerable amount of information (including stored funds) and to conduct processing |
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Indiscriminate distrubution of e-mail without the receivers permission |
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A form of electroinc cash on which a fixed amount of prepaid money is stored; the amount is reduced each time the card is used |
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Electronic marketplaces that connect buyers and sellers in a given industry |
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Online word-of-mouth marketing |
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A banking institution dedidcated solely to Internet transactions |
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Organizations in which the product, the process, and the delivery agent are all digital; also called pure-play organizations |
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