E-Business refers to the process of performing business activities electronically through ___ means.

The Internet

True or False: E-Procurement involves internet-based sales between consumers.

False. E-Procurement involves internet-based sales between business firms.

What is the primary purpose of Secure Sockets Layer (SSL) in online transactions?

To encrypt and secure vital user information such as credit/debit card details.

Fill in the blanks: B2B Commerce refers to electronically conducted business transactions between ___ and ___.

Businesses, businesses

Riddle: I am a type of online marketplace where buyers and sellers come together, and I can involve bidding. What am I?

E-Bidding

What distinguishes 'Horizontals' from 'Verticals' in the context of outsourcing?

'Horizontals' undertake a wide variety of jobs for many firms, while 'Verticals' specialize in specific non-core activities.

Short Answer: Describe what Digital Cash is.

Digital Cash refers to electronic cash that exists only in cyberspace, also known as cyber currency.

E-Trading specifically involves the online buying and selling of ___ and other financial instruments.

Shares

E-Business encompasses all business transactions and functions conducted ___ .

Electronically

What distinguishes E-Business from E-Commerce?

E-Business includes all electronically conducted business activities such as inventory management, production, and accounting, while E-Commerce specifically refers to interactions with customers and suppliers over the Internet.

Fill in the blanks: B2B stands for ___ to ___ commerce.

Business to Business

True or False: C2C Commerce refers to transactions conducted between businesses.

False; C2C Commerce refers to transactions between Consumers.

Riddle: I am a form of commerce where businesses sell directly to consumers over the Internet. What am I?

B2C Commerce

What is Intra-B Commerce?

Intra-B Commerce refers to electronically conducted business transactions within a given business firm.

Which type of E-Business involves transactions between consumers?

C2C Commerce

Fill in the blank: The scope of E-Business includes B2B, B2C, Intra-B, and ___ commerce.

C2C

What are the advantages of starting an E-business compared to a traditional business?

E-businesses are easier to start, require less investment, offer 24/7 convenience, facilitate rapid transactions, and provide global reach.

E-business allows transactions to occur at the speed of ___ due to electronic systems.

Light

True or False: E-business limits access to consumers based on national boundaries.

False. E-business provides global access to both businessmen and consumers.

What is one major environmental benefit of E-business?

It contributes to a movement toward a paperless society, reducing reliance on paper and saving trees.

Fill in the blank: E-business can be started with ___ investment, making it accessible for both large and small businesses.

Less

Riddle: I operate 24 hours a day and reach across borders without boundaries. What am I?

The Internet

How does E-business contribute to globalization?

E-business eliminates national boundaries for transactions, accelerating the scope and speed of globalization.

What is a significant convenience offered by E-business?

It allows consumers to access services and products anytime, anywhere.

What is a major limitation of e-business related to personal interaction?

Low personal touch; the lack of interpersonal interaction can negatively affect customer relationships.