Fundamentals of E-Commerce Essay

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distinguishes e-commerce from e-Business?

The purpose of e-commerce is to automate selling and service processes that had been managed manually in the past, unable to scale as a result. E-commerce is focused on automating the many diverse transactions that are more scalable, secure and reliable online vs. manually-oriented or semi-automated means, using the Internet as a catalyst for 24/7 reliable performance. E-Business differs from e-commerce by concentrating on E-Business is the streamlining and automating of the entire value chain of a business vs. e-commerce concentrating only on attracting, selling and serving customers online (VanHoose, 2003).

Classify each of the following activities as either e-commerce or e-business if it is an e-commerce activities, also state whether it is B2C, or C2C.

a. An information technology company establishes an intranet portal which its employee can access to process all intracompany communications and thereby eliminate most of the company's physical paperwork.

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E-Business, as it looks to increase collaboration and communication

b. Several automakers establish a central clearinghouse for purchasing engine part online from their longstanding network of the auto part suppliers.

E-Business as this is the start of a private trading exchange that will unify the supply chain of the automakers.

c. A greeting card company establishes a web site where people can, for a fee, arrange for email messages and colorful, personalized attachments to be sent to the family members or friends celebrating birthday.

E-commerce, B2C

d. Baseball card collector arrange the terms of a sale of a rare card to another collector via company's auction site on the Internet.

E-Commerce, C2C

3.

Is there distinction between a market and a marketplace? Why or why not?

Yes, there is a significant difference between each. The term market often refers to….....

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