CHAPTER 7
CHAPTER 7
A competitive process in which either a seller solicits consecutive bids from buyers or a buyer solicits bids from sellers, and prices are determined dynamically by competitive bidding.
banner
auction
cyberbanking
business model
Registering domain names in the hope of selling them later at a higher price.
cyberbanking
permission marketing
cybersquating
group purchasing
Electronic commerce in which both the sellers and the buyers are business organizations.
business-to-employee electronic commerce (B2E)
business-to-consumer electronic commerce (B2C)
business-to-business electronic commerce (B2B)
The process of buying, selling, transferring, or exchanging products, services, or information via computer networks, including the Internet.
electronic marketplace
electronic commerce (EC or e-commerce)
electronic business (e-business)
A broader defi nition of electronic commerce, including buying and selling of goods and services, and servicing customers, collaborating with business partners, conducting e-learning, and conducting electronic transactions within an organization.
electronic marketplace
electronic commerce (EC or e-commerce)
electronic business (e-business)
The direct sale of products and services through storefronts or electronic malls, usually designed around an electronic catalog format and/or auctions.
electronic retailing (e-tailing)
electronic storefront
e-procurement
Auctions in which one buyer, usually an organization, seeks to buy a product or a service, and suppliers submit bids; the lowest bidder wins.
auction
reverse auction
reserve auction
Electronic commerce in which both the buyer and the seller are individuals (not businesses).
electronic business (e-business)
consumer-to-consumer electronic commerce (C2C)
electronic commerce (EC or e-commerce)
A virtual market space on the Web where many buyers and many sellers conduct electronic business activities.
e-mall
e-tailing
electronic marketplace
An organization using electronic commerce internally to provide information and services to its employees.
business-to-consumer electronic commerce (B2C)
business-to-business electronic commerce (B2B)
business-to-employee electronic commerce (B2E)
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