________- commerce (m- commerce) relies on the use of wireless devices.
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Encryption
________ can provide secure transmission.
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Online banking customers
________ can check balances, transfer money, and pay their bills.
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Disintermediation
________: the elimination of intermediate organisations between the producer and the consumer.
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E Government
________: use of information and communications technology to:
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SSL
Secure sockets layer (________): used to secure sensitive data.
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brokerage business
The ________: adapted to the internet faster than any other arm of finance.
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Electronic cash
________: amount of money that is computerised for e- commerce transactions.
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Public exchanges
________: owned and operated by industry groups.
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Price comparison
________: mobile phones services enable shoppers to compare prices and products on the web.
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world of investment
The Internet: revolutionised the ________ and finance.
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Digital certificate
________: attachment in a website that verifies the identity of a sender or website.
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Wireless Application Protocol
________ (WAP): standard set of specifications for internet applications that run on handheld, wireless devices.
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E Commerce Software
The ________ should be able to manage the catalogue, configure products to help customers, have shopping cart facilities, e- commerce transaction processing, and web traffic data analysis.
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Electronic Commerce
conducting business activities electronically over computer networks
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Business-to-business (B2B)
all participants are organisations
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Business-to-Consumer (B2C)
where customers deal directly with an organisation and avoid intermediaries
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Consumer-to-Consumer (C2C)
Involves consumers selling directly to other consumers
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Disintermediation
the elimination of intermediate organisations between the producer and the consumer
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B2B, B2C, C2C, and m-commerce are used in
retail and wholesale, manufacturing, marketing and advertising, price comparison, couponing, investment and finance, baning and e-boutiques
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Electronic exchange
electronic forum where manufacturers, suppliers, and competitors buy and sell goods, trade market information, and run back-office operations
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Private exchange
owned and operated by a single company
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Public exchanges
owned and operated by industry groups
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Market segmentation
identification of specific markets to target them with advertising messages
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Price comparison
mobile phones services enable shoppers to compare prices and products on the web
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The Internet
revolutionised the world of investment and finance
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Wireless Application Protocol (WAP)
standard set of specifications for internet applications that run on handheld, wireless devices
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Digital certificate
attachment in a website that verifies the identity of a sender or website
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Smart card
card sized device with a microchip for electronic memory and processing capability
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P-card
credit card used to streamline the traditional purchase order and invoice payment process
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