Essentials of MIS (13th Edition)
13th Edition
ISBN: 9780134802756
Author: Kenneth C. Laudon, Jane Laudon
Publisher: PEARSON
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Question
Chapter 10, Problem 2RQ
Program Plan Intro
E-commerce:
- E-commerce also known as electronic commerce or internet commerce.
- It is the process of buying and selling product by using online over internet.
- Using e-commerce, customer can exchange the goods and services by electronically with no barrier of time.
Explanation of Solution
E-commerce revenue model:
The e-commerce revenue model are advertising, sales, subscription, free, transaction fee and affiliate revenue model.
- Advertising revenue model:
- When a webpage create revenues by revealing their large audience and attention to advertisement.
- Sales revenue model:
- When a company generates revenue through the selling of products, information or services.
- Subscription revenue model:
- When a web site creates revenue by providing its content or services to the customer in send for a contribution fee that allows access to the content...
Expert Solution & Answer
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Check out a sample textbook solutionStudents have asked these similar questions
Q1) what are the features of E-commerce?
Q2) difference between E-commerce and Traditional Commerce?
Q3) what are the e-commerce advantages to the organization?
Q4) what are the different e-commerce business models?
Q5) Explain the technical disadvantages of e-commerce?
Q6) Tell us which different sector e-commerce applications are available in the market?
Q7) what are the shortcomings of e-commerce?
Q8) what are the key elements of supply chain management?
Q9) How Does Dutch, first price, second price, Mth price auction, Auction Work?
What are the primary differences between a B2B (business-to-business) and a B2C (business-to-consumer) business model, and how do these differences affect operations and marketing?
The extract highlights four e-commerce business models that merely define a business. Explain ANY FIVE
(5) characteristics of the business-to-business e-commerce model.
Electronic commerce, known as ecommerce, is the buying and selling of goods or services electronically on the internet.
It can also refer to other online activities, such as auctions, ticketing and banking. Ecommerce is the online buying and
selling of goods and services using computers, tablets or smartphone. Ecommerce makes up several types of business,
including business-to-business, business-to-consumer, consumer-to-consumer and consumer-to-business.
Chapter 10 Solutions
Essentials of MIS (13th Edition)
Ch. 10.2 - Prob. 1CQ1Ch. 10.2 - Prob. 2CQ1Ch. 10.2 - Prob. 3CQ1Ch. 10.2 - Prob. 4CQ1Ch. 10.3 - Prob. 1CQ2Ch. 10.3 - Prob. 2CQ2Ch. 10.3 - Prob. 3CQ2Ch. 10.3 - Prob. 4CQ2Ch. 10 - Prob. 1IQCh. 10 - Prob. 2IQ
Ch. 10 - Prob. 3IQCh. 10 - Prob. 4IQCh. 10 - Prob. 5IQCh. 10 - Prob. 6IQCh. 10 - Prob. 7IQCh. 10 - Prob. 1RQCh. 10 - Prob. 2RQCh. 10 - Prob. 3RQCh. 10 - Prob. 4RQCh. 10 - Prob. 5RQCh. 10 - Prob. 6RQCh. 10 - Prob. 7DQCh. 10 - Prob. 8DQCh. 10 - Prob. 9DQCh. 10 - Prob. 10HMPCh. 10 - Prob. 11HMPCh. 10 - Prob. 14CTPCh. 10 - Prob. 15CSQCh. 10 - Prob. 16CSQCh. 10 - Prob. 17CSQCh. 10 - Prob. 18MLMCh. 10 - Prob. 19MLM
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- b) Explain why most successful e-commerce organizations such as amazon.com use online marketing mix strategies?arrow_forwardWhat are the eight key components of an effective business model? Would you say that Amazon and eBay are direct or indirect competitors? (You may have to visit the websites or apps to answer.) Describe the five primary revenue models used by e-commerce firms.arrow_forwardLook for a firm that has gone beyond e-commerce and has implemented information-technology systems and networks in order to create an e-business environment in which to carry out business-related duties and operations. Please provide a succinct overview of the company's e-business capabilities.arrow_forward
- 1. DiscussBusiness Models for E commerce Transactions? 2. E-Commerce Environment? 3. Online marketplace analysis?arrow_forwardBusiness-to-consumer (B2C) model applies to businesses that sell products or services directly to consumers online. Following are the forms of B2C operations, except: Group of answer choices: a. click-and-mortar business b. pure-play (virtual) business c. pure-click business d. brick-and-mortar businessarrow_forwardKindly Help me do this please. thank you very much. Instruction: Choose any 2 models below and Create the SDLC model about any E-commerce software application.arrow_forward
- Search the Web for an example of each of the major types of e-commerce. Prepare a written report describing each company (take a screenshot of each, if possible), and explain why it fits into the category of e-commerce to which you have assigned it.arrow_forwardIdentify the essentials of an e commerce system and give example if how they are implemented in e commerce applications.arrow_forwardHow would you say an e-commerce business is better than a typical brick and mortar business approach? NB. No plagiarism.arrow_forward
- Please give creative website name for Betondis (B2B business). Reference in the photo attached. Sample website names proposed: • Merchance • Procqu • Compase • Tridge (Trade and Bridge) • Opportunitradearrow_forwardIf you were to compare e-commerce to a traditional brick-and-mortar strategy, how would you describe the benefits?arrow_forwardQUESTION 1 Which of the following is NOT an advantage of E-Commerce for business? A. Potentially higher sales B. Ease of entry for competitors C. Broader customer base D. Reduced costsarrow_forward
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