7535216
Description
Mind Map by Jamie Flain, updated more than 1 year ago
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Created by Jamie Flain
almost 8 years ago
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The Internet and
E-Commerce
- E - commerce
- Conducting
of business
online
- How a Business
Measure Success:
- Business measures success by:
profit, review, market shares,
expansion, share prices, level of
service and demand
- Business measures success by:
profit, review, market shares,
expansion, share prices, level of
service and demand
- Types of
E--commerce:
- Online business transaction,
Online sale transaction, Digital
delivery of products, online
merchandise, Automated
telephone transactions, EFTPOS
transactions
- Online business transaction,
Online sale transaction, Digital
delivery of products, online
merchandise, Automated
telephone transactions, EFTPOS
transactions
- How
Businesses use
the internet:
- From the internet: Research,
Communication, Obtaining, Online
Shopping, Bookings and Auctions
- From the internet: Research,
Communication, Obtaining, Online
Shopping, Bookings and Auctions
- Online Bookings:
- Train tickets,
cinemas or holiday, checking
avaliablity of seats and prices,
auctions, lots of ways to buy and
sell.
- Train tickets,
cinemas or holiday, checking
avaliablity of seats and prices,
auctions, lots of ways to buy and
sell.
- Conducting
of business
online
- Advantages
- Open 24 hours
a day,
- everyone is
able to see
the products
the company
is selling
- Faster with a
higher demand
- Open 24 hours
a day,
- Disadvantges
- Could be an
inconvinence to return
unwanted items
- Chance of
fraud
- Increase
Competition
- Could be an
inconvinence to return
unwanted items
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