BUSI 2400 Lecture Notes - Kijiji, Ebay, E-Commerce
Document Summary
Busi 2400 week 4 chapter 7 e-commerce. The use of info systems, technologies, and computer networks by individuals and organizations to carry out transactions in order to create or support the creation of business value. Types: busi to consumer, busi to govt, consumer to govt, consumer to consumer, busi to busi (largest) Online equivalent of retail store as well as other services. Online sales to govt agencies, as well as electronic pmt of taxes. Electronic pmt of taxes as well as purchase of various types of licenses. Use of online auctions like ebay and similar sites. Two categories: physical requires actual shipment, digital downloadable. Reducing barriers to market entry: virtually anyone can set up a storefront, prevents a company from woning the market, leads to democratic access. Enhancing collaboration/alliances: physical barriers to cooperation removes you don"t have to be physically beside your partner on the store shelves.