Virtual Business Basics

What is E-Commerce?

• Trade

• Exchange of goods and services

• Buying &selling goods and services by using internet

• Purchasing and selling

what are the different types of e commerce transactions?

• B2C

• C2C

• C2B

• A2A

B2B

• Consumer to Consumer

• Business to Business

• Business to Government

• Mobile Commerce

Company Bestbuy sells products to individuals. What EC classification do they fit?

• B2C

• B2B

• C2C

• B2G

Specifically refers to selling retail goods on the Internet

• E-tailing

• E-commerce

• E-business

The general or broad term used to describe online business

• E-tailing

• E-commerce

• E-business

Distributing, buying, selling, marketing, and servicing products over the Internet

• E-tailing

• E-commerce

• E-business

Products/goods are sold from one business to another

• B2B

• C2C

• B2C

Process of selling goods or services to a final customer

• B2B

• C2C

• B2C

Customers selling to other customers

• B2B

• C2C

• B2C