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Negotiation and Conflict Management

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Submitted By mokhtar147
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Answers to Pause/Break Section Review Questions

Section 1.1 Review Questions

1. Define EC and e-business.

Electronic commerce is the process of buying, selling, or exchanging products, services, and information via computer networks. E-business is a broader definition of EC that includes not just the buying and selling of goods and services, but also servicing customers, collaborating with business partners and conducting electronic transactions within an organization.

2. Distinguish between pure and partial EC.

Companies utilizing pure EC conduct all of their business online. Businesses utilizing partial EC conduct a portion of their business online and a portion of their business off-line.

3. Define click-and-mortar and pure play organizations.

Click-and-mortar organizations conduct e-commerce activities, but do their primary business in the physical world. Pure play organizations rely on the Internet and EC for all of their sales.

4. Define electronic markets, IOSs, and intraorganizational information systems.

Electronic market – An online marketplace where buyers and sellers meet to exchange goods, services, money or information. IOSs – Communication systems that allow routine transaction processing and information flow between two or more organizations. Intraorganizational information systems – Communication systems that enable e-commerce activities to go on within individual organizations.

5. Describe non-Internet EC.

Non-Internet EC is the use of EC technologies on private (as opposed to public) networks.

Section 1.2 Review Questions

1. List the major components of the EC framework.

The EC framework is made up of the following components: people, the public policy, technical standards and protocols, business partners and support services.

2. List the major transactional types

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