Preview

electronic commerce

Better Essays
Open Document
Open Document
1651 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
electronic commerce
Chapter 1: electronic commerce (EC)
The process of buying, selling, or exchanging products, services, or information via computer networks, including the internet e-business A broader definition of EC that includes not just the buying and selling of goods and services, but also servicing customers, collaborating with business partners, conducting e-learning, and conducting electronic transactions within an organization
Pure and Partial E-Commerce

Partial e-commerce is when a company will sell a good through the internet but the fulfillment of the good will need to take place in the "real" world. E.g., buying a book on Amazon, they will have to send it to you physically.

Pure e-commerce is when everything happens on the internet. E.g., buying music / movies on iTunes. in these case the product and services are digital. brick-and-mortar organizations
Brick and mortar stores means a customer can go to a real store or outlet and make a purchase. For example, shoe stores where a customer can walk in, buy shoes and leave.
Old-economy organizations (corporations) that perform most of their business off-line, selling physical products by means of physical agents
Eg: restaurants saloon virtual (pure-play) organizations
Organizations that conduct their business activities solely online.
Amazon.com and buy.com click-and-mortar (click-and-brick) organizations
A type of business model that includes both online and offline operations, which typically include a website and a physical store. A click-and-mortar company can offer customers the benefits of fast online transactions or traditional face-to-face service.

This model is also referred to as "clicks and bricks." intranet An internal corporate or government network that uses Internet tools, such as Web browsers, and Internet protocols extranet A network that uses the Internet to link multiple intranets
An EC Framework—supported by five policymaking support areas
People
Public policy

You May Also Find These Documents Helpful

  • Powerful Essays

    Electronic commerce commonly written as e-commerce,is the trading or facilitation of trading in products or services using computer networks, such as the internet. Electronic commerce draws on technologies such as mobile commerce ,electronic funds transfer,supply chain management,internet marketing,online transaction processing,electronic data interchange(EDI),inventory management systems ,and automated data collection systems.Modern electronic commerce typically uses the World Wide Web for at least one part of the transaction’s life cycle,although it may also use other technologies such as e-mail.…

    • 2354 Words
    • 10 Pages
    Powerful Essays
  • Good Essays

    According to Prenhall.com E-commerce can be defined as the process of buying, selling, or exchanging products, services, or information via computer networks. E-commerce can also electronically mediated financial transactions between organizations and any third party it transact with. E-commerce is useful by providing transaction among organizations which can be observed from two perspectives. The selling and buy within an organization. Successful virtual ecommerce are Yahoo, Google, and AOL. E-commerce can be defined through learning, service, communications, business process, and commercial.…

    • 470 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    E Commerce

    • 14288 Words
    • 58 Pages

    There have been a plethora of opinions regarding the effect that the Internet and Electronic Commerce (E-Commerce for short) have had on the conventional brick and mortar form of…

    • 14288 Words
    • 58 Pages
    Powerful Essays
  • Good Essays

    Unit 9 P4 Business

    • 535 Words
    • 3 Pages

    Electronic Commerce is the mechanism of buying, transferring, selling or exchanging products through computers which includes internet. Electronic commerce can be defined as business process, service, learning, collaborative, community. Business Process is nothing but doing the most of transactions online which is…

    • 535 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Independent retailer is a single retail outlet, or a chain of two or three stores, managed by either a sole trader or a family firm. Independent retailers seem to use the ‘Brick and Mortar’ method of distributing goods and services to their customers. A traditional "street-side" business that deals with its customers face to face in an office or store that the business owns or rents. The local grocery store and the corner bank are examples of "brick and mortar" companies. It is normally in some cases very difficult for independent retailers to run their business online in order to sell their products, but then again is some cases it has been possible for some retailers to do so even with only having a couple of outlets available to do so from. For example, grocery stores, such as the national Safeway chain, allow customers to shop for groceries online and have them delivered to their doorstep in as little as a few hours. However, some business types work best or work only in brick and mortar form, such as hair salons.…

    • 428 Words
    • 2 Pages
    Good Essays
  • Good Essays

    E-commerce refers to the production, advertising, sale, and distribution of products and services from business to business and from business to consumers through the Internet. The biggest lures of e-commerce of consumers are the convenience of having round-the-clock access to the virtual store and the ability to engage in comparative shopping at minimal cost and effort. Through e0commerce, sellers can sharply reduce their cost of executing sales and procuring inputs, reformulate supply chains and logistics and redefine customer relationship management.…

    • 310 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    customer behaviour

    • 1489 Words
    • 7 Pages

    - From a communications perspective, e-commerce is the delivery of information, products/services or payments via telephone lines, Fax, computer networks or any other means.…

    • 1489 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    Brick & Click

    • 783 Words
    • 4 Pages

    One of the main advantages of starting with a brick store is the possibility of hackers that could put off consumers from purchasing items online. This therefore means that some people prefer to do their shopping in person in a retail store where they can see what is happening.…

    • 783 Words
    • 4 Pages
    Good Essays
  • Good Essays

    But at societal level: continued conflict over copyrights, content regulation, taxation, privacy, and Internet fraud and abuse.…

    • 10780 Words
    • 44 Pages
    Good Essays
  • Powerful Essays

    E-Commerce describes any business to consumer transactions that take place partly or solely online and is not limited to the purchase of physical products from a website – although that does make up a key component of most e-commerce businesses. Some services or products are sold purely online while other companies may have physical stores or headquarters in addition to their online presence.…

    • 6908 Words
    • 22 Pages
    Powerful Essays
  • Powerful Essays

    E-commerce is a combination of three different areas of study, namely technology, business and law/policy. EC is a kind of electronic medium for trading in goods and services. It is considered as exchanges between individuals/organizations channeled through technology, supported by electronic means.…

    • 732 Words
    • 3 Pages
    Powerful Essays
  • Good Essays

    Amazon vs Barnes & Noble 2

    • 1157 Words
    • 5 Pages

    -Brick and mortar retailing is when a company expands their business to the internet and by doing this develop new business and increase their profits…

    • 1157 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    Brick N Mortar Model

    • 489 Words
    • 2 Pages

    A “brick and mortar business” is a term used mainly on the Internet to differentiate between companies that are based solely online, and those that have a real-world counterpart. A brick and mortar business has a commercial address “made ofbrick and mortar” where customers can transact face-to-face. The company might also have an online presence.…

    • 489 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Click and mortar for a B2C could use the internet for the consumer to order or rent bikes for his different location prior to arrival at Old Dominion Trail Bikes. The B2C applies it is bring the service to the consumer but they can also go to a store to make the same arrangements. similar to banking online or visiting the local branch.…

    • 1438 Words
    • 6 Pages
    Satisfactory Essays
  • Good Essays

    Operations Management

    • 1823 Words
    • 8 Pages

    A conventional “bricks and mortar” grocery does not have an online presence, only a physical one. It is built on a face-to-face customer service, and usually always has a building for their operations. A “brick and mortar” grocery has advantages and disadvantages compared to an online operation, like Theorganicgrocer.com. First of all, their major disadvantage is the overhead. The cost of property, insurance, taxes and staff is much higher for a “brick and mortar” operation than an online operation. The biggest advantage for a “brick and mortar” operation is customer security. To a customer, if a company has physical presence, it is seen as more reliable as the company is far less likely to fold overnight and disappear.…

    • 1823 Words
    • 8 Pages
    Good Essays