Emerging Modes of Business — Flashcards

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E-business means doing business over the Internet. It covers industrial and commercial activities through computer networks and includes much more than buying and selling. It can include planning, org…

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E-business does not require the physical presence of buyers and sellers. Traditional business depends on face-to-face contact and physical delivery. This makes e-business faster and more flexible for …

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E-business uses both information technology and communication technology together to carry out business activities electronically. Information is processed digitally and transferred through communicat…

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E-business covers electronic trading, advertising and promotion, facilitation of contacts between traders, and pre-sales or post-sales support. It can also include payment of taxes and the full commer…

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E-commerce is electronic commerce carried out through a network. It refers to business transactions executed electronically between parties. It mainly covers buying and selling and the interactions of…

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E-commerce is narrower and mainly covers buying and selling and related transactions over the Internet. E-business is broader and includes e-commerce plus production, inventory management, product dev…

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B2B commerce means business-to-business transactions, taking place between business units. It may involve utilities creation, collaborations, commercial negotiations, tenders, and distribution of good…

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B2C commerce means business-to-consumer transactions between business units and customers. It includes selling and distribution, after-sale services, promotion, and resolving customer queries and comp…