COMM 226 Chapter Notes - Chapter 9: Web 2.0, Physical Capital, Human Capital
7 Feb 2015
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E-commerce: the buying and selling of goods and services over public and private computer networks. B2c: concerns sales between a supplier and a retail customer. A typical information system for b2c provides a web-based application or web storefront by which customers enter and manage their orders. B2b: refers to sales between companies. (raw materials suppliers to manufacturers to distributors etc ) B2g: refers to sales between governmental organizations. (almost like b2b) E-commerce auctions: match buyers and sellers by using an e-commerce version of a standard auction. This e-commerce applications enables the auction company to offer goods for sale and to support competitive bidding process. (ebay) Clearinghouses provides goods and services at a stated price and arrange for the delivery of the goods, but they never take title. (amazon) Electronic exchanges: other example of clearinghouses businesses that match buyers and sellers; the business process is similar to that of a stock exchange.
