E-commerce chapter two: Important factors from chapter two: the matrix and the porters five forces. 1. How to severalize a marketplace: Location where money and work is involved, with umteen participants. * Matching buyers and sellers * Facilitating the exchange of teaching, goods and service and payments associated with market minutes. 2. E-marketplace: payment and option processes. Virtual marketplace, seller and buyers meet and conduct unlike types of transactions. The passing game amongst marketplace and e-marketplace is everything is done electronically A ideal customer in a perfect market has a end market overview: (This has E-markets contributed to give). 3. Changing several of the processes used in trading and supply chains: * Lower in pution reckon cost for buyers * Greater information richness: * Diminished information unbalance between sellers and buyers * Greater temporal proximity between clip of pur chase and time of possession. * Ability of buyers and sellers to be in different locations. 4. E-market: Electronic markets: 1)matching buyers and sellers 2) Facilitating the exchange of information, goods services and payments associated with market transactions 3) Providing an institutional infrastructure.
E-markets allow for new products to be created and for excisting products to be customized in advanced ways. Componenets: * Customers, sellers, * products and services, - digital products goods that can be transformed into digital format and delivered over the internet. * Infrastruct ure (BI) business intelligence service: The! governance collects raw data from multiple sources. Dashboard: a pictural presentation of results of reports about performance. RSS: the partners and customers supply to receive information. EMS(PLM): WEB 2.0:colloboration tool using wikis RSS and blogs and communication among own managers and suppliers. E-tailing: business-to...If you want to get a full essay, order it on our website: BestEssayCheap.com
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