CMIS 351 Lesson 9: Ecommerce, Social Networking, and Web 2.0

Question	Answer
Types of Inter-organizational Systems	-Business-to-consumer (B2C) -Business-to-business (B2B) -Business-to-government (B2G)
Business-to-consumer (B2C)	-sales between supplier and retail customer -IS provides web-based application or web-storefront
Business-to-business (B2B)	-ecommerce sales between companies -raw materials suppliers use B2B to sell to manufacturers -manufacturers use B2B to sell to distributors -distributors use B2B to sell to retailors
Business-to-government (B2G)	-ecommerce sales between companies and governmental organizations
Ecommerce	-buying and selling of goods and services over public and private computer networks
Web 2.0	-describes applications and platforms on web -popularized by Tim O'Reilly to refer to integration and interaction of products and services
Why is Web 2.0 important to business?	-use increases value -organic user interface -advertising -mashups: output from two or more websites is combined into single user experience
Types of Capital	-physical -human -social
Physical Capital	-investment of resources for future profit
Human Capital	-investment in human knowledge and skills for future profit
Social Capital	-investment in social relations with expectation of returns in the workplace
How Social Capital Adds Value	-information -influence -social credentials -personal reinforcement

Resource summary

	Created by Adriana Vincelli-Joma over 4 years ago