CHAPTER 14: EBUSINESS
- Business Model ----> Plans that details how a company creates, delivers and generates revenues
- Ebusiness Model -----> plans that detalis how a company create, delivers and generate revenues on the internet
- Business to business (B2B) = applies to businesses buying from n selling to each other over the internet. E.g : software sales, licensing, virtual assistant business
- Business to consumer (B2C) = applies to any business that sells its products or services to consumers over the internet. E.g : online business that operate by Zalora .com
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- Consumer to business (C2B) = applies to any consumer who sells product or service to a business on the internet. E.g : customer set a price of something and then the seller decide to supply them
- Consumer to consumer (C2C) = applies to sites primarily offering goods and services to assist consumers interacting with each other over the internet. E.g : auction where buyers and seller solicit consecutive bids from each other and prices are determined dynamically.
- Business tools -----> - email - instant messaging - podcasting - web conferencing - video conferencing
- Challenges of ebusiness -----> -identifying limited market segments -managing consumer liast -ensuring consumer protection -adhering to taxation rules
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