EBusiness Model: A business 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) Traditional Business Model: Traditional business model is a local store where the customers have to visit the stores physically to get the services or products.

Question

Want to see the full answer?

Answer 1

Question

Chapter 14, Problem 2RQ

Program Plan Intro

EBusiness Model:

A business 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)

Traditional Business Model:

Traditional business model is a local store where the customers have to visit the stores physically to get the services or products.

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Students have asked these similar questions

Write the following in C# WinForms. Implement a function in the main menu that makes the poacher move to random direction. The movement should seem seamless. The poacher can be drew by the following in the main menu. e.Graphics.DrawImage(poacherImage, poacher.X, poacherY, tileSize, tileSize);

Write the following in C# WinForms. Implement a function in the main menu that makes the poacher move to random directions. The movement should seem seamless. The poacher can be drew by the following in the main menu. e.Graphics.DrawImage(poacherImage, poacher.X, poacherY, tileSize, tileSize);

Write the following in C# WinForms. Create a poacher class that has random x and y values when created, private set function for x and y values. Implement a function in the main menu that makes the poacher move into random direction. The movement should seem seamless. The poacher can be drew by the following in the main menu. e.Graphics.DrawImage(poacherImage, poacher.X, poacherY, tileSize, tileSize); Write the following in C# WinForms. Create a poacher class that has random x and y values when created, private set function for x and y values. Implement a function in the main menu that makes the poacher move into random direction. The movement should seem seamless. The poacher can be drew by the following in the main menu. e.Graphics.DrawImage(poacherImage, poacher.X, poacherY, tileSize, tileSize);