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EBK BUSINESS DRIVEN TECHNOLOGY
7th Edition
ISBN: 8220103675451
Author: BALTZAN
Publisher: YUZU
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Chapter 14, Problem 4RQ
Program Plan Intro
EBusiness Model:
- An ebusiness model is a company’s plan for how it will create, deliver, and generates revenue on the internet and make a profit.
- It lays out a step by step plan of action for profitable operation of a business in a specific marketplace.
- The term business model is used to represent the core aspects of business which include purpose, strategies, business process infrastructure, trading practices, etc.
- Business model is divided into mainly four categories as follows:
- Business-to-business (B2B)
- Business-to-Consumer (B2C)
- Consumer-to-business (C2B)
- Consumer-to-consumer (C2C)
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E-commerce is a popular term for electronic commerce or even internet commerce. The name is self-explanatory, it is the meeting of buyers and sellers on the internet. This involves the transaction of goods and services, the transfer of funds and the exchange of data. As an IT or Business oriented person a customer approaches you with the requirements stated in a and b below and ask you to design a simple e-commerce platform for them. Briefly explain why you think those requirements are important and discuss your design.(a) Social media marketing (b) Instant messaging marketing
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a) Explain the technical disadvantages of e-commerce?
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EBK BUSINESS DRIVEN TECHNOLOGY
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Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, computer-science and related others by exploring similar questions and additional content below.Similar questions
- E-commerce is a popular term for electronic commerce or even internet commerce. The name is self-explanatory, it is the meeting of buyers and sellers on the internet. This involves the transaction of goods and services, the transfer of funds and the exchange of data. As an IT or Business oriented person, a customer approaches you with the requirements stated in ‘a’ and ‘b’ below and ask you to design a simple e-commerce platform for them. Briefly explain why you think those requirements are important and discuss your design.(a) Social media marketing AN (10)(b) Instant messaging marketingarrow_forwarda) What are the technological drawbacks of e-commerce? b) Can you tell us about the many types of e-commerce apps accessible in the market? b) How Does a Dutch first-price, second-price, and third-price auction Work?arrow_forwardFor instance, what characteristics does OOP have?arrow_forward
- Is there anything that may go wrong while implementing a B2C model? Explain.arrow_forward8, What are the most important principles in blockchains?arrow_forwardBusiness-to-consumer (B2C) model applies to businesses that sell products or services directly to consumers online. Following are the forms of B2C operations, except: Group of answer choices: a. click-and-mortar business b. pure-play (virtual) business c. pure-click business d. brick-and-mortar businessarrow_forward
- a) E-commerce is a popular term for electronic commerce or even internet commerce. The nameis self-explanatory, it is the meeting of buyers and sellers on the internet. This involves thetransaction of goods and services, the transfer of funds and the exchange of data. As an IT orBusiness oriented person, a customer approaches you with the requirements stated in ‘a’ and‘b’ below and ask you to design a simple e-commerce platform for them. Briefly explain whyyou think those requirements are important and discuss your design.i) Social media marketing.ii) Instant messaging marketing NB This question is to be answered to meet an online open book standard. Thank you.arrow_forwardWhat is the distinction between Web Services and SOA?arrow_forwardFind five causes for the growth of business-to-consumer (B2C) e-commerce, and briefly describe them.arrow_forward
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