Shared Flashcard Set

Details

eCommerce C1
Selected terms from Chapter One in eCommerce
10
Internet/New Media
Undergraduate 4
09/04/2013

Additional Internet/New Media Flashcards

 


 

Cards

Term
B2B
Definition
Business-to-Business - transactions conducted between businesses on the Web.
Term
B2C
Definition
Business-to-consumer - transactions conducted between shoppers and businesses on the Web.
Term
B2G
Definition
Business-to-government - business transactions conducted with government agencies on the Web.
Term
C2C
Definition
Consumer-to-consumer - a category of electronic commerce that includes indivduals who buy and sell items among themselves.
Term
Dot-com
Definition
A company that only operates online.
Term
EDI
Definition
Electronic Data Interchange - Exchange between businesses of computer-readable data in a standard format.
Term
EFT
Definition
Electronic Funds Transfer - Electronic transfer of account exchange information over secure private communications networks.
Term
m-commerce
Definition
Mobile commerce - resources accessed using devices that have wireless connections that have commercial implications.
Term
Transaction costs
Definition
The total of all costs incurred by a buyer and seller as they gather information and negotiate a transaction.
Term
Value Chain
Definition
A way of organizing the activities to provide value to customers of a business (or business unit) so they can be analyzed and improved.
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