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MIS Chapter 14

Business Model
is a plan that details how a company creates, delivers and generates revenues.
Ebusiness Model
is a plan that details how a company creates, delivers, and generates revenues on the Internet.
Business-to-Business
applies to business buying from and selling to each other over the Internet.
Brick-and-Mortar Business
a business that operates in a physical store without an Internet presence. Ex: T.J. Max
Click-and Mortar Business
a business that operates in a physical store and on the Internet. Ex: Barnes & Noble
Pure-Play Business
a business that operates on the Internet only without a physical store. Ex: Google
Business-to-Consumer
applies to any business that sells its products or services directly to consumers online.
Consumer-to-Business
applies to any consumer who sells a product or service to a business on the Internet.
Consumer-to-Consumer
applies to customers offering goods and services to each other on the Internet.
Email
short for electronic mail, is the exchange of digital messages over the Internet.
Instant Messaging
is a service that enables instant or real-time communication between people.
Web Conferencing or Webinar
blends videoconferencing with document sharing and allows the user to deliver a presentation over the web to a group of geographically dispersed participants.
Content Management Systems
help companies manage the creation, storage, editing, and publications of their website content.
The Challenges of Ebusiness
1. Identifying limited market segments
2. Managing consumer trust
3. Ensuring consumer protection
4. Adhering to taxation rules

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