Term
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Definition
| the use of the internet, the web, and apps to transact business. More formally, digitally enabled commercial transactions between and among organizations and individuals |
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| is a worldwide network of computer networks |
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| is one of the internet’s most popular services, providing million of web pages |
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Definition
| is a software application |
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Definition
| the digital enabling of transactions and processes within a firm, involving information systems under the control of the firm |
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| Eight unique features of E-commerce technology |
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Definition
| Ubiquity, Global reach, Universal Standards, Richness, Interactivity, Information density, Personalized/Customized, Social Technology |
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| Business-to-consumer (B2C) |
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Definition
| online business selling to individual consumers |
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| provides the ability to access the internet from a variety of highly mobile devices such as smartphones, tablets, and other ultra-lightweight laptop computers |
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Definition
| a firm that is first to market in a particular area and that moves quickly to gather market share |
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Definition
| the effort required to find suitable products |
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