UNDERSTANDING BUSINESS (LL/ACCESS)
13th Edition
ISBN: 9781264671656
Author: Nickels
Publisher: MCG
expand_more
expand_more
format_list_bulleted
Question
Chapter 15, Problem 1PPT
Summary Introduction
To discuss: The difference between hosted and self-hosted e-commerce platforms.
Introduction: E-commerce is a business model that facilitates the process of buying and selling of products and services through online portals over the internet. It does not require physical presence of buyers and sellers for completing a transaction. E-commerce enables the organizations to establish their presence in market or to increase an existing market position. It offers a cheaper and more efficient distribution chain for the products or services of organizations.
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solution
Students have asked these similar questions
Selling physical products through an online e-commerce store can be lucrative, although it is also competitive. Elaborate on how a brick and mortar business find customers compared to how e-commerce stores find customers and further explain ANY FIVE (5) advantages of e-commerce retail.
What are two advantages of mobile-based and voice-based e-commerce?
How can wholesalers foster innovation in their operations and services?
Chapter 15 Solutions
UNDERSTANDING BUSINESS (LL/ACCESS)
Ch. 15.1 - Prob. 15.1AQCh. 15.2 - Prob. 15.2AQCh. 15.2 - Prob. 15.2BQCh. 15.2 - Prob. 1TPCh. 15.2 - Prob. 2TPCh. 15.2 - Prob. 3TPCh. 15.2 - Prob. 4TPCh. 15.3 - Prob. 15.3AQCh. 15.4 - Prob. 5TPCh. 15.4 - Prob. 6TP
Ch. 15.5 - Prob. 15.5AQCh. 15.6 - Prob. 15.6AQCh. 15.7 - Prob. 15.7AQCh. 15.7 - Prob. 15.7BQCh. 15.7 - Prob. 15.7CQCh. 15.7 - Prob. 7TPCh. 15.7 - Prob. 8TPCh. 15.7 - Prob. 9TPCh. 15 - Prob. 1CECh. 15 - Prob. 2CECh. 15 - Prob. 3CECh. 15 - Prob. 4CECh. 15 - Prob. 1CTCh. 15 - Prob. 2CTCh. 15 - Prob. 3CTCh. 15 - Prob. 1PPTCh. 15 - Prob. 2PPTCh. 15 - Prob. 3PPTCh. 15 - Prob. 1VCCh. 15 - Prob. 2VCCh. 15 - Prob. 3VC
Knowledge Booster
Similar questions
- E-commerce is a win-win situation for both entrepreneurs and consumers. Explain.arrow_forwardSelling physical products through an online e-commerce store can be lucrative, although it is alsocompetitive. Elaborate on how a brick and mortar business find customers compared to how e-commercestores find customers and further explain ANY FIVE advantages of e-commerce retail.arrow_forwardName three m-commerce applications you have used and describe what tangible benefits they provide to you?arrow_forward
- What is e-commerce? How is it defferent than e-buisness? Explain the different categories of e-commerce, as mentioned in the lecture, with examples.arrow_forwardExplain what advantages you will have for your trading business once you have opted to purchase goods from a distributor instead of a manufacturer. Explain 5 advantages.arrow_forwardThis chapter discusses that at the heart of every business endeavor is an exchange between buyer and seller. How does this relate to TripAdvisor’s business?arrow_forward
- You are developing a vision of e-commerce from 2 perspectives: security and online marketing. Explain: The 2 new marketing concepts from the point of view of utilizing social, mobile and local marketing. The difference between utilizing Facebook and Twitter as a social platform for online marketing? How social technologies help in identifying and attracting loyal customers?arrow_forwardAssume you are considering opening a retail business. You are trying to decide whether to have a traditional “brick-and-mortar” store or to sell only online. Explain how the activities and costs differ between these two retail arrangements.arrow_forwardFind a business that does more than just e-commerce with networks and information technology. Briefly explain how the company does business online.arrow_forward
- Discuss e-commerce options, including judgements, the ideal company strategy, payment methods, and Web site design and development.arrow_forwardThe article abpve refers to Shoprite selling off various stores across the African continent. Identify and discuss the corporate strategy that Shoprite is pursuing. Provide at least five examples/extracts from the article to support your answerarrow_forwardWhat are the advantages and disadvantages of Internet Marketing or E-Commerce.arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
Understanding BusinessManagementISBN:9781259929434Author:William NickelsPublisher:McGraw-Hill Education
Management (14th Edition)ManagementISBN:9780134527604Author:Stephen P. Robbins, Mary A. CoulterPublisher:PEARSON
Spreadsheet Modeling & Decision Analysis: A Pract...ManagementISBN:9781305947412Author:Cliff RagsdalePublisher:Cengage Learning
Management Information Systems: Managing The Digi...ManagementISBN:9780135191798Author:Kenneth C. Laudon, Jane P. LaudonPublisher:PEARSON
Business Essentials (12th Edition) (What's New in...ManagementISBN:9780134728391Author:Ronald J. Ebert, Ricky W. GriffinPublisher:PEARSON
Fundamentals of Management (10th Edition)ManagementISBN:9780134237473Author:Stephen P. Robbins, Mary A. Coulter, David A. De CenzoPublisher:PEARSON
Understanding Business
Management
ISBN:9781259929434
Author:William Nickels
Publisher:McGraw-Hill Education
Management (14th Edition)
Management
ISBN:9780134527604
Author:Stephen P. Robbins, Mary A. Coulter
Publisher:PEARSON
Spreadsheet Modeling & Decision Analysis: A Pract...
Management
ISBN:9781305947412
Author:Cliff Ragsdale
Publisher:Cengage Learning
Management Information Systems: Managing The Digi...
Management
ISBN:9780135191798
Author:Kenneth C. Laudon, Jane P. Laudon
Publisher:PEARSON
Business Essentials (12th Edition) (What's New in...
Management
ISBN:9780134728391
Author:Ronald J. Ebert, Ricky W. Griffin
Publisher:PEARSON
Fundamentals of Management (10th Edition)
Management
ISBN:9780134237473
Author:Stephen P. Robbins, Mary A. Coulter, David A. De Cenzo
Publisher:PEARSON