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Description
Flashcards by dluciennee, updated more than 1 year ago
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Created by dluciennee
over 10 years ago
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| Question | Answer |
| Aspects of E-Commerce: | Electronic commerce, Internet sales, Online shopping, Communication, Banking, Advertising |
| Reasons why Commerce is important to study: | Understand the world we live in, to work with laws + regulations, understand human behaviour |
| Define Commerce: | Social dealings between people. The activity of buying and selling, especially on a large scale. |
| Who has a role in our commercial world? | Consumers, Businesses providing services, Businesses providing goods, Government services, Financial sector and Law. |
| What is a consumer? | A consumer is a person that purchases goods and services for personal use. |
| What is E-Commerce? | The buying and selling of information, goods and services via the internet. |
| What is an E-trailer? | An electronic retailer or individuals that sell goods online. |
| What is "online"? | Something controlled by or connected to a computer. |
| What is a website? | A location connected to the internet that maintains one or more web pages |
| What is "Business to consumer" | Services or goods sold over the internet. Payment usually by credit card. Example: ASOS |
| What is "Business to Business"? | Covers electronic transactions with other businesses. E.g. Paying bills, sending quotes, ordering supplies etc. |
| What is net investing? | The amount spent by a company or economy on capital assists, or gross investment, less depreciation. |
| What is EPS? | The portion of a company's profit allocated to each outstanding share of common stock. Earnings per share serves as an indicator of a company's profitability |
| what is E-banking? | method of banking in which the customer conducts transactions electronically via the internet |
| What is M-Commerce? | Commercial transactions conducted electronically by mobile phone. |
| What is a Cookie? | a file that a web server stores on the user's computer when a website is visited. A cookie gathers information about the user. |
| What is the term Copyright? | Protects an author, artist, musician or publisher by giving them exclusive rights over creation |
| What is deformation? | Unlawfully damaging a person's reputation. |
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