BUS 237 Chapter Notes - Chapter 9: Web 2.0, Management Information System, Retail

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BUS 237 Full Course Notes
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BUS 237 Full Course Notes
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Chapter 9: e-commerce, social networking, and web 2. 0 e-commerce. The buying and selling of goods and services over public and private computer networks. In e-commerce, companies that take title of the goods they sell. They buy goods and resell them e-commerce companies that arrange for the purchase and sale of goods without ever owning or taking title to those goods e-commerce sales between a supplier and a retail customer (the consumer) In e-commerce, a web-based app that enables customers to enter and manage their orders. Web 2. 0 e-commerce sales between companies and governmental organizations. Apps that match buyers and sellers by using an e-commerce version of a standard auction. This e-commerce app enables the auction company to offer goods for sale and to support a competitive bidding process. Entities that provide goods and services at a stated price, price and arrange for the delivery of the goods, but never take title to the goods.

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