Term
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Definition
| Match buyers and sellers by using an IS version of a standard auction |
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Term
| Business-to-business (B2B) |
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Definition
| Sales from one business to another |
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Term
| Business-to-consumer (B2C) |
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Definition
| Sales from a business to its consumers |
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Term
| Business-to-government (B2G) |
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Definition
| Sell to governmental organizations |
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Term
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Definition
| Provide goods and services at a stated price and arrange for the delivery of the goods, but they never take title |
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Term
| Customer relationship management (CRM) |
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Definition
| Integrating customer-facing processes and managing all the interactions with customers |
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Term
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Definition
| The elimination of middle layers of distributors and suppliers |
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Term
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Definition
| A multifirm process of buying and selling goods and services using Internet technologies |
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Term
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Definition
| Another type of clearinghouse. Matches buyers and sells, similar to that of a stock exchange. |
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Term
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Definition
| IS used by more than one firm |
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Term
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Definition
| Company that owns the goods they sell |
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Term
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Definition
| Company that arrange for the purchase and sale of goods without ever owning or taking title of those goods |
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Term
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Definition
| Means the legal ownership of the material has changed |
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Term
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Definition
| Measures the amount that demand rises or falls with changed in price |
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Term
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Definition
| An exchange of goods and services for money |
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Term
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Definition
| The preeminent cloud-based CRM vendor |
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Term
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Definition
| An information system that helps a company collect customer data from social media and share it among its customer-facing processes |
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Term
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Definition
| IS that support the Sales process of B2C companies |
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