One who organizes, manages, and assumes the risks of a business or enterprise.
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Reputation
recognition by other people of some characteristic or ability.
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Pierre Omidyar
founded e- Bay as "auction web.
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B2B
Business to Business (________): electronic trade that takes place between companies.
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Online Shopping
Buying and selling goods on the internet.
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Jeff Bezos
launched Amazon, the largest online retailer.
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Peer
________ to ________ (P2P): the most preferred mode of sharing information because it allows computer terminals in a network to hook up without having to go through a central web server.
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Napster
1999: ________, a P2P file sharing website, was launched.
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Browser
computer interface used to access the internet.
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Larry Paige
1998: Google was created by ________ and Sergey Brin.
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recognizable form of ecommerce
Business to Consumer (B2C): the simplest and most ________.
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Consumer
________ to Business (C2B): Rapidly growing trend in e- commerce.
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Enterprise
________: a project or undertaking that is especially difficult or risky.
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Service
Non- physical, intangible product given by someone with a particular field.
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Electronic Payments
empower virtually everybody to participate in and benefit from e- commerce.
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Mode of selling
is known as electronic tailing or e- tailing.
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Mobile Commerce (M-commerce)
"ecommerce on the go- "all business transactions are carried out using a portable device instead of a stationary computer.
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Online Entrepreneur
needs to have the quality of entrepreneurship and the capability to function online.
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Business Process
integral elements that make e- commerce workable.
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Businessman
one who transacts business; a business executive.
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E-commerce
all form of business transactions conducted electronically over computer networks, the internet in particular
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Digital goods
computer software
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E-business
any business that applies internet technologies in its operation
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E-commerce
the exchange of goods and services that takes place between or among these businesses
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Business to Business (B2B)
electronic trade that takes place between companies
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Business to Consumer (B2C)
the simplest and most recognizable form of ecommerce
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Consumer to Business (C2B)
Rapidly growing trend in e-commerce
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Consumer to Consumer (C2C)
The egalitarian side of e-commerce
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Peer to Peer (P2P)
the most preferred mode of sharing information because it allows computer terminals in a network to hook up without having to go through a central web server
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Online Shopping
Buying and selling goods on the internet
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Electronic Payments
empower virtually everybody to participate in and benefit from e-commerce
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Internet Banking
An entire gamut of banking services has been made available online
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Online Booking and Ticketing
Any kind of ticket can be booked online
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Electronic Data Interchange (EDI)
large companies were already transacting electronically using a networking technology
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Electronic Funds Transfer (EFT)
move huge amounts of money digitally
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1979
Michael Aldrich, a British innovator, built videotex, platform for online shopping
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1982
France Telecom introduced Minitel, became a big hit
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1987
Swreg created the first online merchant account to help software developers sell their solutions
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1990
Tim-Berners Lee created World Wide Web
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1994
Netscape release Navigator, a graphical browser that used an encryption system for secure online transaction
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1997
Dell became the first company to reap 1M sales
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1998
Google was created by Larry Paige and Sergey Brin
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1999
Napster, a P2P file sharing website, was launched
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2000
dot-com bubble burst
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Dot-Com Bubble
the unjustified enthusiasm over Internet-based companies
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2002
Paypal was acquired by e-Bay for 1.5M
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2006
Google bought Youtube
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2007
Adwords earned 21B in revenues
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2009
Yahoo
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2010
Groupon, a group buying website rejected a 6B from Google
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2011
GSI Commerce was acquired by eBay for 200B
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Group Buying or Collective Buying
prices are reduced when a minimum number of buyers make the purchase
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Facebook Commerce/ F-commerce
buying and selling through Facebook
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Private Sample Sale
the hottest area in online retailing
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Sample Sale
selling sample Merchandise
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Browser
computer interface used to access the internet
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World Wide Web
system linked hypertext documents
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Online Entrepreneur
needs to have the quality of entrepreneurship and the capability to function online
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Business
a commercial or industrial enterprise
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Enterprise
a project or undertaking that is especially difficult or risky
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Good
actual, physical item or object
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Service
Non-physical, intangible product given by someone with a particular field
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Businessman
one who transacts business; a business executive
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Entrepreneur
One who organizes, manages, and assumes the risks of a business or enterprise
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Economies of Scale
the increase in efficiency of production as the number of good being produced increases
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Reputation
recognition by other people of some characteristic or ability
Studied by 2 people
