Principles of Information Systems (MindTap Course List)
13th Edition
ISBN: 9781305971776
Author: Ralph Stair, George Reynolds
Publisher: Cengage Learning
expand_more
expand_more
format_list_bulleted
Concept explainers
Question
Chapter 7, Problem 3DQ
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.
Mobile commerce:
Mobile commerce is a method of buying and selling of products or goods through wireless devices like cellular telephone, Personal Digital Assistants (PDAs). Here, money and data transactions are done using wireless handled devices like mobile, laptop, tablet and many others. It is also termed as m-commerce.
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solutionStudents have asked these similar questions
What are the barriers to the implementation of electronic commerce?
Q. a) What is computer network? What are the major uses of computer network? b) What are the benefits and drawbacks of e-commerce?
Discuss key electronic payment system components needed for online and mobile commerce.
Chapter 7 Solutions
Principles of Information Systems (MindTap Course List)
Ch. 7.1 - Prob. 1RQCh. 7.1 - Prob. 2RQCh. 7.1 - Prob. 1CTQCh. 7.1 - Prob. 2CTQCh. 7.2 - Prob. 1RQCh. 7.2 - Prob. 2RQCh. 7.2 - Prob. 1CTQCh. 7.2 - Prob. 2CTQCh. 7.3 - Prob. 1RQCh. 7.3 - Prob. 2RQ
Ch. 7.3 - Prob. 1CTQCh. 7.3 - Prob. 2CTQCh. 7.4 - Prob. 1RQCh. 7.4 - Prob. 2RQCh. 7.4 - Prob. 1CTQCh. 7.4 - Prob. 2CTQCh. 7.5 - Prob. 1RQCh. 7.5 - Prob. 2RQCh. 7.5 - Prob. 1CTQCh. 7.5 - Prob. 2CTQCh. 7 - Prob. 1SATCh. 7 - Prob. 2SATCh. 7 - Prob. 3SATCh. 7 - Prob. 4SATCh. 7 - Prob. 5SATCh. 7 - Prob. 6SATCh. 7 - Prob. 7SATCh. 7 - Prob. 8SATCh. 7 - Prob. 9SATCh. 7 - Prob. 10SATCh. 7 - Prob. 11SATCh. 7 - Prob. 12SATCh. 7 - Prob. 13SATCh. 7 - Prob. 14SATCh. 7 - Prob. 15SATCh. 7 - Prob. 16SATCh. 7 - Prob. 17SATCh. 7 - Prob. 1RQCh. 7 - Prob. 2RQCh. 7 - Prob. 3RQCh. 7 - Prob. 4RQCh. 7 - Prob. 5RQCh. 7 - Prob. 6RQCh. 7 - Prob. 7RQCh. 7 - Prob. 8RQCh. 7 - Prob. 9RQCh. 7 - Prob. 10RQCh. 7 - Prob. 11RQCh. 7 - Prob. 12RQCh. 7 - Prob. 13RQCh. 7 - Prob. 14RQCh. 7 - Prob. 15RQCh. 7 - Prob. 16RQCh. 7 - Prob. 17RQCh. 7 - Prob. 18RQCh. 7 - Prob. 1DQCh. 7 - Prob. 2DQCh. 7 - Prob. 3DQCh. 7 - Prob. 4DQCh. 7 - Prob. 5DQCh. 7 - Prob. 6DQCh. 7 - Prob. 7DQCh. 7 - Prob. 8DQCh. 7 - Prob. 9DQCh. 7 - Prob. 10DQCh. 7 - Prob. 11DQCh. 7 - Prob. 12DQCh. 7 - Prob. 2PSECh. 7 - Prob. 3PSECh. 7 - Prob. 1TACh. 7 - Prob. 2TACh. 7 - Prob. 3TACh. 7 - Prob. 2WECh. 7 - Prob. 1CECh. 7 - Prob. 2CECh. 7 - Prob. 3CECh. 7 - Prob. 1CTQ1Ch. 7 - Prob. 2CTQ1Ch. 7 - Prob. 3CTQ1Ch. 7 - Prob. 1CTQ2Ch. 7 - Prob. 2CTQ2Ch. 7 - Prob. 3CTQ2
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, computer-science and related others by exploring similar questions and additional content below.Similar questions
- discussion10 1. How is the proliferation of mobile devices that are locally powerful, use apps instead of full-fledged applications, and rely on wireless network connectivity changing system architecture design considerations? 2. E-commerce has seen explosive growth in recent years. What are the most important reasons for this trend? Will it continue? Why or why not?arrow_forwardDiscuss the key features of the electronic payment systems needed to support e-commerce and m-commerce.arrow_forwardWhy is social commerce popular?arrow_forward
- a. Explain four supporting technologies for e-commerce.b. Describe the business-to-consumer e-commerce cycle.c. Explain social commerce and the reasons for its popularity.arrow_forwardWhat role do the internet, intranets, and extranets play in the support of business processes and activities today by businesses?arrow_forwardDiscuss the essential components of the electronic payment systems that are essential to the success of both e-commerce and m-commerce.arrow_forward
- Identify the fundamental components of an e-commerce system and demonstrate how they are used in e-commerce applications.arrow_forwardConsidering the global reach of social media platforms, how do cultural and regional differences amplify or de-escalate a social networking crisis?arrow_forwardWhat are the factors hindering the extensive adoption of electronic commerce?arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
- Principles of Information Systems (MindTap Course...Computer ScienceISBN:9781305971776Author:Ralph Stair, George ReynoldsPublisher:Cengage LearningFundamentals of Information SystemsComputer ScienceISBN:9781337097536Author:Ralph Stair, George ReynoldsPublisher:Cengage LearningPrinciples of Information Systems (MindTap Course...Computer ScienceISBN:9781285867168Author:Ralph Stair, George ReynoldsPublisher:Cengage Learning
Principles of Information Systems (MindTap Course...
Computer Science
ISBN:9781305971776
Author:Ralph Stair, George Reynolds
Publisher:Cengage Learning
Fundamentals of Information Systems
Computer Science
ISBN:9781337097536
Author:Ralph Stair, George Reynolds
Publisher:Cengage Learning
Principles of Information Systems (MindTap Course...
Computer Science
ISBN:9781285867168
Author:Ralph Stair, George Reynolds
Publisher:Cengage Learning