1. Define e-commerce- In its broadcast sense is the conduct of selling, buying, logistics, or other organization- management activities via the Wed. 2. List three businesses (examples via the Web) which are suitable for e-Commerce- Online delivery of software, travel services, and online shipment tracking. 3. Name one type of business suitable for a combination of electronic and traditional commerce strategies.- Online Banking 4. Name two types of businesses less suited to e-Commerce. - Sale/Purchase of high fashion clothing and sale/purchase of perishable items. 5. Why would perishables not be a good contender for online selling?- Perishable items are difficult to ship or deliver. 6. Name three advantages of e-Commerce.- Increased profits, Connivence, and a wide variety of products avaliable. 7. List three disadvantages of e-Commerce.- Not suitable to all businesses, Cultural limitations, and rapidly changing technology. 8. Define profit.- Revenue minus all expenses. The money a business has actually made from its operations.
9. Define globalization.- To go worldwide in scope and application; a consumer can access the Internet from anywhere at anytime.
10. How does culture play a part in e-Commerce? Cultures now become borderless and e-commerce sites need to think of ways to reach specific language groups and adjust their sites and web pages and support staff to accommodate them.
11. According to the Global Framework for Electronic Commerce that President Clinton signed, what should the government's role be in e-Commerce transactions? The government’s role is to ensure competition, protect intellectual property and privacy, prevent fraud, foster transparency, and facilitate dispute resolution, not