MIST 450 Assignment - MIST 450 Assignment P 100: Q1-Define...

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MIST 450 Assignment P 100: Q1-Define e-marketplace and describes its attributes? Is a virtual marketplace in which sellers and buyers meet and conduct different types of transactions. Its attributes: A-Greater information richness. B-Lower information search time and cost of buyers. C-Diminished information asymmetry between sellers and buyers. Q4-Define a digital product and provide five examples? Goods that can be transformed to digital format and delivered over the internet such as information and entertainment product like books, newspapers, catalogs and services for example welfare payments and ordering. P 106: Q1- Describe electronic storefronts and e-malls? Storefronts: a single company's web site where products of services are sold and usually has an online shopping cart associated with it. Many web stores target a specific industry and find their own unique corner of the market. E-malls: An online shopping center where many online stores are located.
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This note was uploaded on 04/23/2011 for the course E.G.MIST e.g.450 taught by Professor Imanakour during the Spring '10 term at New York Institute of Technology-Westbury.

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MIST 450 Assignment - MIST 450 Assignment P 100: Q1-Define...

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