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CH 7 - CH 7 Authentication process of identifying and...

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CH 7 Authentication- process of identifying and confirming that person’s identity Business Model- how a company will meet customer needs while making profit Business-to-Business E-Commerce B2B- electronic exchanges between companies Business-to-Customer E-Commerce B2C- online equivalent of the retail store as well as other services Business-to-Gov E-Commerce B2G- online sales to gov agencies, as well as electronic payment of taxes Company-Centric Business Model- a company is either a buyer/seller to many companies Cooperative Website- solution to e-commerce problem/owners cooperate by advertising on same website E-Commerce Strategy- general formula for how a business is going to use computer networks and information systems to compete in a global marketplace E-Procurement- when companies receive goods to keep business running electronically Electronic Data Interchange (EDI)- uses value-added or private networks instead of regular telephone system, and extranets
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