EBK UNDERSTANDING BUSINESS
12th Edition
ISBN: 8220106844298
Author: Nickels
Publisher: YUZU
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Question
Chapter 15, Problem 1PPT
Summary Introduction
To discuss: The difference between hosted and self-hosted e-commerce platforms.
Introduction: E-commerce is a business model that facilitates the process of buying and selling of products and services through online portals over the internet. It does not require physical presence of buyers and sellers for completing a transaction. E-commerce enables the organizations to establish their presence in market or to increase an existing market position. It offers a cheaper and more efficient distribution chain for the products or services of organizations.
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Chapter 15 Solutions
EBK UNDERSTANDING BUSINESS
Ch. 15.1 - Prob. 15.1AQCh. 15.2 - Prob. 15.2AQCh. 15.2 - Prob. 15.2BQCh. 15.2 - Prob. 1TPCh. 15.2 - Prob. 2TPCh. 15.2 - Prob. 3TPCh. 15.2 - Prob. 4TPCh. 15.3 - Prob. 15.3AQCh. 15.4 - Prob. 5TPCh. 15.4 - Prob. 6TP
Ch. 15.5 - Prob. 15.5AQCh. 15.6 - Prob. 15.6AQCh. 15.7 - Prob. 15.7AQCh. 15.7 - Prob. 15.7BQCh. 15.7 - Prob. 15.7CQCh. 15.7 - Prob. 7TPCh. 15.7 - Prob. 8TPCh. 15.7 - Prob. 9TPCh. 15 - Prob. 1CECh. 15 - Prob. 2CECh. 15 - Prob. 3CECh. 15 - Prob. 4CECh. 15 - Prob. 1CTCh. 15 - Prob. 2CTCh. 15 - Prob. 3CTCh. 15 - Prob. 1PPTCh. 15 - Prob. 2PPTCh. 15 - Prob. 3PPTCh. 15 - Prob. 1VCCh. 15 - Prob. 2VCCh. 15 - Prob. 3VC
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- E-commerce is a win-win situation for both entrepreneurs and consumers. Explain.arrow_forwardName three m-commerce applications you have used and describe what tangible benefits they provide to you?arrow_forwardThis chapter discusses that at the heart of every business endeavor is an exchange between buyer and seller. How does this relate to TripAdvisor’s business?arrow_forward
- Explain what advantages you will have for your trading business once you have opted to purchase goods from a distributor instead of a manufacturer. Explain 5 advantages.arrow_forwardThe article abpve refers to Shoprite selling off various stores across the African continent. Identify and discuss the corporate strategy that Shoprite is pursuing. Provide at least five examples/extracts from the article to support your answerarrow_forwardIn order to adopt a multi-, or omnichannel business model, retailers need to manage increased complexity as they try to integrate different channels, technologies, skills, logic, etc. into one seamless retail experience. In this assignment, you are to reflect on the omnichannel business model from an e-commerce perspective. Your reflection should include (but is not limited to) thoughts on why omnichannel is regarded as a crucial retail strategy to adopt, regardless if you are a brick-and-mortar, brick-and-click or a pure e-commerce retailerarrow_forward
- Discuss the idea of “Tailored Logistics”. Provide at least one example of your own on how and where “Tailored Logistics” can be applied. What are the advantages of “Tailored Logistics?” Are there any disadvantages of “Tailored Logistics?”arrow_forward1. What are the pros and cons of a firm such as Apple having its own retail facilities and E-commerce Web site (www.apple.com) as well as selling through traditional retailers?arrow_forwardIf there are obstacles to m-commerce, what are they? When and how can you expect to overcome them?arrow_forward
- How are nontraditional channels of distribution affecting your organization and its marketing strategy? Appraise the situation and discuss.arrow_forwardThere is little doubt that recent e-commerce growth has driven significant disruption in the retail sector. In most cases, this disruption is blamed for financial losses and brick-and-mortar closures across the industry. However, little attention is paid to the benefits e-commerce provides retailers, including brick-and-mortar brands. discuss the extent to which you agree/disagree with this statement, offering at least 3 reasons.arrow_forwardImagine you are considering starting your own retail business. Narrow your business ideas to selling one type of perishable goods (such as a bakery) and one type of non-perishable goods (such as a clothing boutique) and share that decision with the class. Discuss the pros and cons of selling each type of item. Between the perishable items or non-perishable items businesses, which would you choose? Why? share one perishable goods business and one non-perishable goods businessdiscuss pros and consdisclose which business you would pursueexplain why you made the decision that you didarrow_forward
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