E-business homework 1

- Define E-Commerce and E-Business?

E-commerce: Is the process of buying, selling, or exchanging
products, services, or information via computer.
E-Business: Is about enabling organizations to cohesively bring
together their processes and Internet technologies for cost
effectiveness, efficiency and better relationships between
partners.
- Different between brick and mortar & click and mortar?
Brick-and-mortar (old economy) organizations: Old-economy
organizations (corporations) that perform their primary business
off-line, selling physical products by means of physical agents.
Click-and-mortar (click-and-brick) organizations: Organizations
that conduct some e-commerce activities, usually as an
additional marketing channel.
- Describe web 2.0 and list its attribute?
The second-generation of Internet-based services that let people
collaborate and share information online in new ways, such as
social networking sites, wikis, communication tools, and
folksonomies.
- What is the E-Commerce Framework?
1. People: Buyers, Sellers, Intermediators, Service, IS people and
management.
2. Public policy: Taxes, Legal, Privacy issues, Regulations,
Complains and Technical support.
3. Marketing and advertising: Market research, Promotions,
Web content, Targeted marketing.
4. Support services: Order fulfillment, Logistics, Payments,
Content and Security system development.
5. Business partnerships: Affiliate program, Joint ventures,
Exchanges, E-marketplace, Consortia.

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