Week 11 - Chapter 9
Chapter 9 provides a thorough exploration of electronic business (e-business) and electronic commerce (e-commerce), offering insights into their meanings, types, and functions. It begins by defining these terms and explaining why they're important in today's business world. The chapter then dives into the different kinds of e-commerce, like selling directly to consumers (B2C) or between businesses (B2B), and even how individuals can sell to each other (C2C). It also covers how e-businesses operate internally and how governments use online tools to serve citizens. Moreover, it discusses the various ways people buy and sell online, including auctions and online stores, and the systems used to make payments securely over the internet. Overall, the chapter sheds light on the advantages and challenges of e-commerce, showcasing its profound impact on how we do business and interact online. References: (2024). Vitalsource.com. https://online.vitalsource.com/reader/books/97807303192...