ADMS 2511 Study Guide - Reverse Auction, Mobile Commerce, E-Commerce

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Overview of e-business and e-commerce electronic commerce is the process of buying, selling, transferring or exchanging products, services, or information via computer networks. E-business along with everything including e-commerce also services customers, collaborates with partners and performs electronic transactions. They are sometimes used interchangeably: pure versus partial ec e-commerce takes different forms depending on the degree of digitization of products, processes, the delivery agents. Traditional organizations are called bricks and mortar and partial organizations are called clicks and mortar organizations. Ordering supplies and training and travel packages are examples: e-government use of internet to deliver information and public services to citizens. Things such as electronic benefits transfer are examples: mobile commerce m-commerce is e-commerce conducted on a wireless environment, for e. g. shopping online on one"s phone. The above mentioned types are executed in differed business models. A business model is the method by which a company generates revenue to sustain itself.

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