Term
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Definition
| A form of data processing whereby business transactions are accumulated over a period of time and prepared for processing as a single unit or batch. |
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Term
| business-to-business (B2B) e-commerce |
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Definition
| A subset of e-commerce in which all the participants are organizations |
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Term
| business-to-consumer (B2C) e-commerce |
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Definition
| A form of e-commerce in which customers deal directly with an organization and avoid intermediaries |
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Term
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Definition
| A trusted third-party organization or company that issues digital certificates |
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Term
| consumer-to-consumer (C2C) e-commerce |
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Definition
| A subset of e-commerce that involves consumers selling directly to other consumers. |
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Term
| customer relationship management (CRM) software |
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Definition
| automates and integrates the functions of sales, marketing, and service in an organization |
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Term
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Definition
| A single Web site that offers many products and services at one Internet location |
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Term
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Definition
| Capturing and gathering all data necessary to complete the processing of transactions |
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Term
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Definition
| The process of reentering data that was not typed or scanned properly. |
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Term
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Definition
| The process of checking data for validity and completeness |
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Term
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Definition
| The process of updating one or more databases with new transactions. |
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Term
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Definition
| An attachment to an e-mail message or data embedded in a Web site that verifies the identity of a sender or Web site |
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Term
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Definition
| The process of generating output records, documents, and reports. |
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Term
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Definition
| The use of information and communications technology to simplify the sharing of information, speed formerly paper-based processes, and improve the relationship between citizens and government |
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Term
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Definition
| An amount of money that is computerized, stored, and used as cash for e-commerce transactions. |
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Term
| electronic commerce (e-commerce) |
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Definition
| Conducting business activities (e.g., distribution, buying, selling, marketing, and servicing of products or services) electronically over computer networks. |
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Term
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Definition
| An electronic forum where manufacturers, suppliers, and competitors buy and sell goods, trade market information, and run back-office operations. |
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Term
| electronic retailing (e-tailing) |
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Definition
| The direct sale of products or services by businesses to consumers through electronic storefronts, typically designed around an electronic catalog and shopping cart model. |
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Term
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Definition
| A system central to the organization that ensures information can be shared across all business functions and all levels of management to support the running and managing of a business. |
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Term
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Definition
| The identification of specific markets to target them with advertising messages |
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Term
| online transaction processing (OLTP) |
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Definition
| A form of data processing where each transaction is processed immediately, without the delay of accumulating transactions into a batch |
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Term
| p-card (procurement card or purchasing card) |
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Definition
| A credit card used to streamline the traditional purchase order and invoice payment processes. |
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Term
| product lifecycle management (PLM) |
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Definition
| An enterprise business strategy that creates a common repository of product information and processes to support the collaborative creation, management, dissemination, and use of product and packaging definition information. |
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Term
| product lifecycle management (PLM) software |
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Definition
| Software that provides a means for managing the data and processes associated with the various phases of the lifecycle of a product including sales and marketing, research and development, concept development, product design, prototyping and testing, process design, production and assembly, delivery and product installation, service and support, and product retirement and replacement. |
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Term
| Secure Sockets Layer (SSL) |
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Definition
| A communications protocol used to secure sensitive data during e-commerce. |
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Term
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Definition
| A credit card–sized device with an embedded microchip to provide electronic memory and processing capability |
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Term
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Definition
| Capturing data at its source and recording it accurately in a timely fashion with minimal manual effort and in an electronic or digital form that it can be directly entered into the computer. |
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Term
| supply chain management (SCM) |
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Definition
| A system that includes planning, executing, and controlling all activities involved in raw material sourcing and procurement, converting raw materials to finished products, and warehousing and delivering finished products to customers |
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Term
| transaction processing cycle |
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Definition
| The process of data collection, data editing, data correction, data manipulation, data storage, and document production. |
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