Chapter 1

Chapter 1


1. What is e-commerce? How does it differ from e-business? Where does it intersect with e-business?
- E-commerce is the use of the Internet and the Web to transact business.
-  E-business is primarily to the digital enabling of transactions and processes within a firm. E-commerce however, is not anything digital. Also E-business does not include commercial transactions involving an exchange of value across orgnizational boundaries.
- E-commerce and E-business systems blur together at the business firm boundary. A business e-business infrastructure provides support for online e-commerce exchanges.
2. What are some of the unique features of e-commerce technology?
-Ubiquity, -Global reach, -Universal standards, - Richness, - Interactivity, - Information density, - Personalization/Customization, - Social technology
3. What is Web 2.0? Give examples of Web 2.0 sites and explain why you included them in your list.
- Web 2.0 is a set of applications and technologies that allows users to create, edit, and distribute content; share preferences, bookmarks, and online personas; participate in virtual lives; and build online communities.
- Youtube: the largest online consumer-generated video posting site
-Myspace & Facebook: lead the online social networking site.
4. Give examples of B2C, B2B, C2C, and P2P Web sites besides those listed in the chapter materials.
-Amazon, Rhapsody, Monster
5. What factors will help define the future of e-commerce over the next five years
- Regulatory activity both in the U.S. and Canada, - Cost of energy