Electronic commerce: Electronic commerce is a method of buying and selling of products or goods through online. Here, money and data transactions are done using internet. Electronic commerce is also called as E-commerce or Internet commerce. Even though the technologies available such as e-mail, social media, and mobiles, the modern e-commerce mostly uses the Internet for the online purchasing of products. It is the most efficient method to communicate within the organization of business transactions such as maintaining the financial records of the users such as bank balances, name, and address. But it is just a part of e-commerce business. Six forms of electronic commerce: It includes different forms of commerce based on the transactions performed. Business-to-Business (B2B) It includes the transactions performed between two different businesses like manufacturer and wholesaler, wholesaler and retailer and so on. Example: automobile manufacturing. Business-to-Consumer (B2C) It includes the transactions performed between the companies and the consumers or customers. Here, the end users of that company are referred as consumers or customers. For example, customer buying a fridge from the electronic retailer is known as B2C transaction. Consumer-to-Consumer (C2C) It includes the transactions performed between two different customers or consumers. Example: Online auctions like OLX. Government-to-Business (G2B) It includes the transactions performed between the public administration and the enterprises. Example: e-learning and government procurement Government-to-Citizen (G2C) It includes the transactions performed between the government and the citizen or private individual. Example: applying for a certificate. Government-to-Government (G2G) It includes the transactions performed between two different government agencies. Example: Northeast Gang Information System (NEGIS).

Question

Want to see the full answer?

Answer 1

Question

Chapter 7, Problem 1TA

Program Plan Intro

Electronic commerce:

Electronic commerce is a method of buying and selling of products or goods through online. Here, money and data transactions are done using internet.

Electronic commerce is also called as E-commerce or Internet commerce.

Even though the technologies available such as e-mail, social media, and mobiles, the modern e-commerce mostly uses the Internet for the online purchasing of products.

It is the most efficient method to communicate within the organization of business transactions such as maintaining the financial records of the users such as bank balances, name, and address. But it is just a part of e-commerce business.

Six forms of electronic commerce:

It includes different forms of commerce based on the transactions performed.

Business-to-Business (B2B)

It includes the transactions performed between two different businesses like manufacturer and wholesaler, wholesaler and retailer and so on.

Example: automobile manufacturing.

Business-to-Consumer (B2C)

It includes the transactions performed between the companies and the consumers or customers.

Here, the end users of that company are referred as consumers or customers.

For example, customer buying a fridge from the electronic retailer is known as B2C transaction.

Consumer-to-Consumer (C2C)

It includes the transactions performed between two different customers or consumers.

Example: Online auctions like OLX.

Government-to-Business (G2B)

It includes the transactions performed between the public administration and the enterprises.

Example: e-learning and government procurement

Government-to-Citizen (G2C)

It includes the transactions performed between the government and the citizen or private individual.

Example: applying for a certificate.

Government-to-Government (G2G)

It includes the transactions performed between two different government agencies.

Example: Northeast Gang Information System (NEGIS).

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Students have asked these similar questions

I need help in construct a matlab code to find the voltage, the currents, and the watts based on that circuit.

Objective Implement Bottom-Up Iterative MergeSort and analyze its efficiency compared to recursive MergeSort. Unlike the recursive approach, which involves multiple function calls and stack overhead, the bottom-up version sorts iteratively by merging small subarrays first, reducing recursion depth and improving performance. Task 1. Implement Bottom-Up Iterative MergeSort о Start with single-element subarrays and iteratively merge them into larger sorted sections. Use a loop-based merging process instead of recursion. ○ Implement an efficient in-place merging strategy if possible. 2. Performance Analysis Compare execution time with recursive MergeSort on random, nearly sorted, and reversed datasets. ○ Measure and plot time complexity vs. input size. O Submission Explain why the iterative version reduces function call overhead and when it performs better. • Code implementation with comments. • A short report (1-2 pages) comparing performance. • Graph of execution time vs. input size for…

Given a shared data set, we allow multiple readers to read at the same time, and only one single writer can access the shared data at the same time. In the lecture slides, a solution is given. However, the problem is that the write cannot write forever, if there are always at least one reader. How to ensure that the writer can eventually write? Propose your solution by using semaphores and implemented in Python from threading import Thread, Semaphore from time import sleep from sys import stdout class Reader(Thread): def__init__(self, name): self.n=name; Thread.__init__(self) defrun(self): globalnr, nw, dr, dw whileTrue: # ⟨await nw == 0 then nr += 1⟩ e.acquire() ifnw>0: #if nw > 0 or dw > 0 : dr+=1; e.release(); r.acquire() nr+=1 ifdr>0: dr-=1; r.release() else: e.release() # read data stdout.write(self.n+' reading\n') sleep(1) # ⟨nr -= 1⟩ e.acquire() nr-=1 ifnr==0anddw>0: dw-=1 ; w.release() else: e.release() class Writer(Thread): def__init__(self, name):…