ADMS 2511 Chapter 5: E business and E commerce

• School: York University
• Department: Administrative Studies
• Course: ADMS 2511
• Professor: Peter Rumyee

Document Summary

Adms 2511 ch 5 overview of e-business e-commerce. Overview of e-business and e-commerce: benefits to employ websites. Difficult to accomplish all of them: definitions and concepts, achieving goal for different purpose is difficult. E-commerce (ec) process of buying, selling, transferring, or exchanging products via computer networks, including the internet. E-business broader concept, includes servicing, collaborating, performing e-transactions. Take several forms depending on degree of digitization involved. Product can be either physical or digital. Companies engaged only in ec virtual organizations. Clicks-and-mortar organizations: organizations that conduct e-commerce activities, but carry out primary business in physical world, types of e-commerce. Individuals sell products or services to other individuals. Advantage: provide access to international audience. Business models: method by which company generates revenue to sustain itself, table 5. 1 pg. Business-to-employee (b2e): org. uses ec internally to provide information and services to employees, can order supplies and materials electronically, many companies have electronic corporate stores that sell company"s products to its employees.