Week3 DQ 1,2 - DQ2 B2B is when an organization(seller engages in some sort of business with the other organization(buyer in which both are usually

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DQ1 According to our reading material the term Electronic Commerce (EC) includes such processes like selling and buying and exchanging different products and services using computer devices and Internet (p.168). E-commerce is a relatively young field, and at the same time the fastest growing. According to Wikinves t website, Internet caused developing of this type of commerce, and this huge industry generated $175 bullions in 2007 alone. http://www.wikinvest.com/concept/E-Commerce Electronic Business is described as wider concept of e-commerce, which means they are relatively close and can be used interchangeably, but e-business additionally includes services, partnerships, and doing transactions on organizational level. In addition (or in particular), WiseGeek website explains that e-business 'is a term used to describe businesses run on the Internet, or utilizing Internet technologies to improve the productivity or profitability of a business.' Or even any business that uses computers. http://www.wisegeek.com/what-is-ebusiness.htm
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Unformatted text preview: DQ2 B2B is when an organization (seller) engages in some sort of business with the other organization (buyer), in which both are usually driven by making profit. B2C is when an organization (seller) engages in doing business with the individual acting as a consumer, in which the first driven by profit and the second driven by who knows what (but sometimes profit as well). G2C is the deal between the government and citizens, where government gives information, public services, and some benefits- all electronically. I think a good example can be irs.gov web site that designed to help dealing with taxes. The differences among transactions (defined by the parties involved) are business, consumer, or government. Obviously, each type of transaction benefit from using the Internet; wider public and customer variety can be reached, more transactions can be done, in shorter time, with less efforts, and making more profit or outcome as the result....
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This note was uploaded on 06/26/2011 for the course XBIS219 XBIS219 taught by Professor Reider during the Spring '10 term at University of Phoenix.

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