Business Management

1. Electronic commerce (e-commerce) * The marketing, buying and shifting of products and go on the Internet 2. Electronic business (e-business) * E-commerce in a broader sense. * practice session of information and communication techno enteries in support of all the activities of business. 3. preparation circumspection or procurement * Departments devoted to negotiating purchase proceedings with suppliers. * The goal is to repair profitability and efficiency. * B2B e-commerce is sometimes called e-procurement. 4. Transaction * An sub of value. * Always has one(a) or more activities associated with it. 5. Telecommuting or telework * Employees log in to a company computer by mean of the Internet rather of traveling to the office. Electronic Commerce Categories a) Business-to-consumer (B2C) * Businesses graze products or goods to individual consumers. * Eg: W almart.com sells merchandise to consumers through its clear site. b) Business-to-business (B2B) * Businesses sell products or services to different businesses. * Eg: Grainger.com sells industrial supplies to outsized and small businesses through its Web site.

c) Consumer-to-consumer (C2C) * Participants in an online marketplace potty buy and sell goods to each other. * Eg: Consumers and businesses trade with each other in the eBay.com online marketplace. d) Business-to-government (B2G) * Businesses sell goods or services to governments and government agencies. * Eg: CAL-Buy hep atic portal vein allows businesses to sell o! nline to state of matter of California. ADVANTAGES of E-Commerce| DISADVANTAGES of E-Commerce| * Decreases costs * Increases sales( business) * Increases accuracy and drive on * Save time (consumer + business) * at rest ,fast, more choice( consumer) * behind to promote & advertise , eco-friendly (business)| * better(p) and quicker customer service * Secure & self-confidence (consumer) *...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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