COB 204 Chapter Notes - Chapter 9.1: E-Governance, E-Commerce, Retail

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Document Summary

E-commerce: the process of buying, selling, transforming, or exchanging products, services, or informaion via computer networks. E-business: refers to servicing customers, collaboraing with business partners, and performing electronic transacions within an organizaion. Degree of digiizaion: the extent to which the commerce has been transformed from physical to digital. Virtual (pure play) organizaions: pure ec dimension digital. Clicks & mortar (clicks & bricks): parial conduct some e-commerce aciviies, yet their primary business is carried out in the physical world. Aucion: compeiive buying & selling process where price is determined by bidding. Forward aucions: sellers solicit bids from many potenial buyers.

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