BUSI 3040U Chapter Notes - Chapter 7: Active Window, E-Commerce, Reverse Auction

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18 May 2017
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To induce people to visit a physical location. Deg(cid:396)ee of digitizatio(cid:374) e(cid:454)te(cid:374)t to (cid:449)hi(cid:272)h the (cid:272)o(cid:373)(cid:373)e(cid:396)(cid:272)e has (cid:271)ee(cid:374) t(cid:396)a(cid:374)sfo(cid:396)(cid:373)ed f(cid:396)o(cid:373) ph(cid:455)si(cid:272)al to digital. Ele(cid:272)t(cid:396)o(cid:374)i(cid:272) (cid:272)o(cid:373)(cid:373)e(cid:396)(cid:272)e process of buying, selling, transferring, or exchanging products, services, or information via computer networks including the internet. E-(cid:271)usi(cid:374)ess broader definition of electronic commerce, including buying and selling of goods and service as well as servicing customers, collaborating with business partners, conducting e-learning, and conducting electronic transactions within an organization. Brick-and-(cid:373)o(cid:396)ta(cid:396) o(cid:396)ga(cid:374)izatio(cid:374)s organizations in which the product, the process and the delivery agent are all physical. Vi(cid:396)tual o(cid:396)ga(cid:374)izatio(cid:374)s organizations in which their product, the process, and the delivery agent are all digital; pure-play organization. Clicks-and-(cid:373)o(cid:396)ta(cid:396) o(cid:396)ga(cid:374)izatio(cid:374)s organizations that do business in both the physical and digital dimensions. Business to-(cid:272)o(cid:374)su(cid:373)e(cid:396)s (cid:894)b2c(cid:895) electronic commerce in which the sellers are organizations and the buyer are individual. Electronic retaili(cid:374)g direct sale of products and service through storefronts or electronic malls, designed around electronic catalog formats and/or auctions.

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