L1 Basic Concepts of E-Commerce

What is the definition of e-commerce?

• The process of buying, selling or exchanging products, services or information via computer.

• The buying and selling of goods and services online.

• The process of advertising products and services online.

• The process of conducting business activities solely online.

What is the broader definition of e-commerce?

• The buying and selling of goods and services online.

• The process of conducting business activities solely online.

• The process of buying, selling or exchanging products, services or information via computer.

• The process of advertising products and services online.

What are brick and mortar organizations?

• Old-economy organizations that perform their primary business offline, selling physical products by means of physical agents.

• Organizations that conduct their business activities solely online.

• Organizations that conduct some e-commerce activities, usually as an additional marketing channel.

• Organizations that sell products or services to individual shoppers.

What are virtual (pure-play) organizations?

• Organizations that conduct their business activities solely online.

• Old-economy organizations that perform their primary business offline, selling physical products by means of physical agents.

• Organizations that conduct some e-commerce activities, usually as an additional marketing channel.

• Organizations that sell products or services to individual shoppers.

What are click and mortar organizations?

• Organizations that conduct some e-commerce activities, usually as an additional marketing channel.

• Old-economy organizations that perform their primary business offline, selling physical products by means of physical agents.

• Organizations that conduct their business activities solely online.

• Organizations that sell products or services to individual shoppers.

What is the classification of e-commerce model where all participants are business or other organizations?

• B2B (Business-to-Business)

• B2C (Business-to-Consumer)

• C2B (Consumer-to-Business)

• C2C (Consumer-to-Consumer)

What is the classification of e-commerce model where businesses sell to individual shoppers?

• B2C (Business-to-Consumer)

• B2B (Business-to-Business)

• C2B (Consumer-to-Business)

• C2C (Consumer-to-Consumer)

What is the classification of e-commerce model where a business provides some product or services to a client business that maintains its own customers?

• C2B (Consumer-to-Business)

• B2B (Business-to-Business)

• B2C (Business-to-Consumer)

• C2C (Consumer-to-Consumer)

What is the classification of e-commerce model where individuals use the Internet to sell products or services to organizations or individuals who seek sellers to bid on products or service they need?

• C2C (Consumer-to-Consumer)

• B2B (Business-to-Business)

• B2C (Business-to-Consumer)

• C2B (Consumer-to-Business)

What is the classification of e-commerce category that includes all internal organizational activities that involves the exchange of goods, services or information among various units and individuals in an organization?

• Intra-organizational e-commerce

• Inter-organizational e-commerce

• Consumer-to-Consumer e-commerce

• Business-to-Consumer e-commerce