UNDERSTANDING BUSINESS
12th Edition
ISBN: 9781264161881
Author: Nickels
Publisher: MCG
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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
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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Similar questions
- Selling physical products through an online e-commerce store can be lucrative, although it is alsocompetitive. Elaborate on how a brick and mortar business find customers compared to how e-commercestores find customers and further explain ANY FIVE advantages of e-commerce retail.arrow_forwardE-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_forward
- What is e-commerce? How is it defferent than e-buisness? Explain the different categories of e-commerce, as mentioned in the lecture, with examples.arrow_forwardExplain 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_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
- You are developing a vision of e-commerce from 2 perspectives: security and online marketing. Explain: The 2 new marketing concepts from the point of view of utilizing social, mobile and local marketing. The difference between utilizing Facebook and Twitter as a social platform for online marketing? How social technologies help in identifying and attracting loyal customers?arrow_forwardAssume you are considering opening a retail business. You are trying to decide whether to have a traditional “brick-and-mortar” store or to sell only online. Explain how the activities and costs differ between these two retail arrangements.arrow_forwardFind a business that does more than just e-commerce with networks and information technology. Briefly explain how the company does business online.arrow_forward
- Discuss e-commerce options, including judgements, the ideal company strategy, payment methods, and Web site design and development.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_forwardWhat are the advantages and disadvantages of Internet Marketing or E-Commerce.arrow_forward
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