EBK ESSENTIALS OF MIS
EBK ESSENTIALS OF MIS
12th Edition
ISBN: 8220101459305
Author: LAUDON
Publisher: PEARSON
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Chapter 10, Problem 2RQ
Program Plan Intro

E-commerce:

  • E-commerce also known as electronic commerce or internet commerce.
  • It is the process of buying and selling product by using online over internet.
  • Using e-commerce, customer can exchange the goods and services by electronically with no barrier of time.

Explanation of Solution

E-commerce revenue model:

The e-commerce revenue model are advertising, sales, subscription, free, transaction fee and affiliate revenue model.

  • Advertising revenue model:
    • When a webpage create revenues by revealing their large audience and attention to advertisement.
  • Sales revenue model:
    • When a company generates revenue through the selling of products, information or services.
  • Subscription revenue model:
    • When a web site creates revenue by providing its content or services to the customer in send for a contribution fee that allows access to the content...

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Students have asked these similar questions
Q1) what are the features of E-commerce? Q2) difference between E-commerce and Traditional Commerce? Q3) what are the e-commerce advantages to the organization? Q4) what are the different e-commerce business models? Q5) Explain the technical disadvantages of e-commerce? Q6) Tell us which different sector e-commerce applications are available in the market? Q7) what are the shortcomings of e-commerce? Q8) what are the key elements of supply chain management? Q9) How Does Dutch, first price, second price, Mth price auction, Auction Work?
What are the primary differences between a B2B (business-to-business) and a B2C (business-to-consumer) business model, and how do these differences affect operations and marketing?
The extract highlights four e-commerce business models that merely define a business. Explain ANY FIVE (5) characteristics of the business-to-business e-commerce model. Electronic commerce, known as ecommerce, is the buying and selling of goods or services electronically on the internet. It can also refer to other online activities, such as auctions, ticketing and banking. Ecommerce is the online buying and selling of goods and services using computers, tablets or smartphone. Ecommerce makes up several types of business, including business-to-business, business-to-consumer, consumer-to-consumer and consumer-to-business.
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