Operations Management, Binder Ready Version: An Integrated Approach
6th Edition
ISBN: 9781118952610
Author: R. Dan Reid, Nada R. Sanders
Publisher: WILEY
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Question
Chapter 4, Problem 1DQ
Summary Introduction
Interpretation:
The different types of e-commerce.
Concept Introduction:
Web based business (electronic trade) is the movement of electronically purchasing or selling of items on online administrations or over the Web.
Expert Solution & Answer
Answer to Problem 1DQ
- Business to
Business E -commerce (B2B) - Business to Consumer E-commerce (B2C)
Explanation of Solution
There are mainly two types of E-commerce:
- Business to Business E-commerce (B2B):
In this type of E-commerce, various companies buy and sell the services, products and business to and from other businesses. That is, the manufacturers sell to wholesalers and the wholesalers sell to retailers. The price is generally based on the quantum of quantity and is often negotiable.
Advantages:
- Lower costs of administration, procurement and keeping inventory.
- Access to global suppliers.
2. Business to Consumer E-commerce (B2C):
This is a very commonly found type of E-commerce in which the various businesses are directly selling to the individual consumers. The businesses make use of internet and catalogues to show their products to the mass population.
For example:
Myntra selling pair of shoes to general public.
Advantages:
- Lesser prices for the consumers because of great competition and unavailability of middleman.
- Access to global products.
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Chapter 4 Solutions
Operations Management, Binder Ready Version: An Integrated Approach
Ch. 4 - Prob. 1DQCh. 4 - Explain the different revenue models used in...Ch. 4 - Prob. 4DQCh. 4 - Prob. 5DQCh. 4 - Prob. 6DQCh. 4 - Prob. 7DQCh. 4 - Prob. 8DQCh. 4 - Prob. 9DQCh. 4 - Prob. 10DQCh. 4 - Prob. 11DQ
Ch. 4 - Prob. 12DQCh. 4 - Prob. 13DQCh. 4 - Prob. 14DQCh. 4 - Prob. 15DQCh. 4 - Prob. 1PCh. 4 - Prob. 2PCh. 4 - Downhill Boards (DB). a producer of snow boards,...Ch. 4 - Prob. 4PCh. 4 - Prob. 5PCh. 4 - Prob. 6PCh. 4 - Prob. 1.1CQCh. 4 - Prob. 1.2CQCh. 4 - Prob. 1.3CQCh. 4 - Prob. 1.4CQCh. 4 - Prob. 1.5CQCh. 4 - Prob. 2.1CQCh. 4 - Prob. 2.2CQCh. 4 - Prob. 2.3CQCh. 4 - Prob. 2.4CQCh. 4 - Prob. 2.5CQ
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