ADMS 2511 Lecture Notes - Lecture 5: Alibaba Group, Ing Group, Cybersquatting
Document Summary
Discounted travel packages: e-government use of internet technology in general and e-commerce in particular to deliver information and public services to citizens (called g2citizen) Is similar to b2b ec, but usually with more regulations: mobile commerce e-commerce that is conducted entirely in a wireless environment, business model method by which a company generates revenue to sustain itself. The buyer posts a request for quotation (rfq) on its website or third-party sire. The rfq provides detailed information on the desired purchase. The suppliers study the rfq and then submit bids electronically. Benefits and limitations of e-commerce: benefits, makes national and international markets more accessible. Lowers costs of processing, distributing, and retrieving information: customers benefit by being able to access a vast number of products and services, around the clock. It benefits society by delivering information, services, and products to people in cities, rural areas, and developing countries.