[[1]] describes an expensive option where a company might build and control its own web presence and services while [[2]] describes an 'off-the-shelf', more cost effective, option that a company might customize to suit its purposes.
Select the correct word - COVID-19 has accelerated the [[1]] trend of e-commerce. It’s seen economic activity as a whole turn down, domestically and internationally, but the share made up of digital transactions has increased in every region.
COVID-19 has accelerated the [[1]] trend of e-commerce. It’s seen economic activity as a whole turn down, domestically and internationally, but the share made up of digital transactions has increased in every region.
[[1]] describes the virtual merchant model is used by online retailers that operate over the Internet only. The [[2]] brings buyers and sellers together and facilitates transactions. The [[3]] is a customer loyalty programme that provides incentives to customers such as redeemable points or coupons for making purchases from associated retailers.
Match the e-Business components with the correct description.
Collect, store, access, and analyze information about its market or competition
Organizing network of vendors who provide 'raw' components
Integration of all department and functions across the company e.g. sales, marketing, HR, finance etc.
Marketing, selling and buying of goods and servicers online - the generation of 'revenue'.
Company-wide strategy to develop a holistic view of each customer in order to reduce costs and increase profitability.
What do we mean by 'Authentic Engagement' within social commerce?
Customers get official communication from the business
Customers and business engage via two-way communication and through word of mouth posts
Business sees customers as described by Big Data
Which of the following best describe Business-to-Consumer e-commerce.
Businesses focus on selling to other businesses or organizations
Retail sales between businesses and individual consumers
Businesses such as eBay and Facebook Marketplace
Transactions with the government
Internet users to share files and computer resources directly without having to go through a central web server
Brick-and-click businesses combine a physical presence with an online presence.
True or False? - Commercial real estate is a currency for commerce, a place to do business. But increasingly, commerce is being conducted online. This is referred to as electronic commerce, or e-commerce.