EDCT-UE 1010 Chapter Notes - Chapter 5: Retail, Transaction Processing, Enterprise System

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Buisness-to-buisness (b2b) e-commerce: a subset of e-commerce in which all the participants are organizations. Buisness-to-consummer (b2c) e-commerce: a form of e-commerce in which customers deal directly with an organization and avoid intermediaries. Batch processsing system: a form of data processing whereby buisness transactions are accumulated over a period of time and prepared for processing as a single unit or batch. Best practices: the most efficient and effective ways to complete a business process. Consumer-to-consumer (c2c) e-commerce:a subset of e-commerce that involves electronic transactions between consumers using a third party to facilitate the process. Certificate authority (ca): a trusted third-party organization or company that issues digital certificates. Customer relationship management (crm) system: a system that helps a company manage all aspects of customer encounters, including marketing, sales, distribution, accounting, and customer service. Computer-aided design (cad): the use of software to assist in the creation, analysis, and modification of the design of a component or product.

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