Unlock key concepts with Electronic Commerce, 12th Edition Solution Manual, a structured guide for better understanding.
Benjamin Fisher
Contributor
4.5
42
5 months ago
Preview (16 of 134 Pages)
100%
Purchase to unlock
Page 1
Loading page ...
Electronic Commerce,12thEdition9781305867819Chapter1SolutionsReview Questions1.What are the two main categories of electronic commerce?Answer:Thetwo maincategoriesor electronic commerce are:• Consumer shopping on the Web, oftencalled business-to-consumer(or B2C)• Transactions conducted between businesses on the Web, often calledbusiness-to-business (or B2B)2.List several activities that might be considered business processes.Answer:Answers may vary.Transferringfunds, placing orders, sending invoices, andshipping goods to customers are allexamples of business processes.3.List several activities that might be considered a part of business-to-government electroniccommerce.Answer:Answers may vary. Paying taxes,filing required reports and selling goods toa government agency through a state’s Web site are all examples of business-to-government electronic commerce activities.4.Name the technology that businesses have used since the 1960s to exchangetransactioninformation electronically.Answer:Since the 1960s, businesses have used electronic data interchangetoexchange transaction information electronically. Electronic data interchange (EDI)occurs when one business transmits computer-readable data in a standard format toanother business.5.What is a value-added network?Answer:A value-added network (VAN) is anindependent firm that offers connectionand transaction-forwarding services to buyersand sellers engaged in EDI. Before theInternet came into existence as we know it today,VANs provided the connectionsbetween most trading partners and were responsiblefor ensuring the security of thedata transmitted.
Page 2
Page 3
Page 4
Page 5
Page 6
Page 7
Page 8
Page 9
Page 10
Page 11
Page 12
Page 13
Page 14
Page 15
Page 16
Preview Mode
This document has 134 pages. Sign in to access the full document!