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Lecture Notes for BU 294 - Intro to Information Systems with Tollison at Mississippi University for Women (MUW)

Notes Information

Material Type:Class Note
Professor:Tollison
Class:BU 294 - Intro to Information Systems
Subject:Business
University:Mississippi University for Women
Term:Fall 2006
Keywords:
  • Business-to-Business (b2b) E-Commerce
  • Business-to-Business (b2b)
  • Business-to-Consumer (b2c)
  • In/on/at a Place
  • Subscriptions
  • The Internet
  • Business to Business
  • Descriptions
  • Individuals
  • Photographs
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Sample Document Text

Introduction to Electronic Commerce October 9 – October 13  What is e-Commerce: o Electronic commerce (e-commerce) is commerce, but it is commerce accelerated and enhanced by IT, in particular the Internet (p. 240).  E-commerce uses powerful technologies that enable customers, consumers, and companies to form new relationships that otherwise would not be possible.  E-commerce breaks down business barriers such as time, geography, language, currency, and culture. o The Good and Bad of e-Commerce:   The good: it doesn’t take much effort to create e-commerce The bad: still have to follow sound business fundamentals and principles to be successful  B2B vs. B2C: o Business to Business (B2B) e-commerce occurs when a business sells products and services to customers who are primarily other businesses (p. 242). o Business to Consumer (B2C) e-commerce occurs when a business sells products and services to customers who are primarily individuals (p. 242). o B2B and B2C businesses employ entire...

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