Term
|
Definition
| online exchange of goods, services and mony among firms, between firms and their customers and between customers |
|
|
Term
| Business-to-Consumer (B2C) |
|
Definition
Transactions between businesses and their customers.
ex: a person buys a book from amazon.com |
|
|
Term
| Business-to-Business (B2B) |
|
Definition
Transactions among businesses.
ex: a manufacturer conducts business over the Web with its suppliers. |
|
|
Term
|
Definition
Transactions between businesses and their employees.
ex: an employee uses the Web to make a change to his or her health benefits. |
|
|
