How can we classify E-Commerce by the nature of its-01766
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vu it430 E-Commerce.
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vu it430 Mid Term Solved Past Paper No. 8.
A common classification of EC is by the nature of transaction:
Business-to-Business (B2B):
Electronic market transactions that take place between organizations
Business-to-Consumer (B2C):
retailing transactions with individual shoppers - typical shopper at Amazon.com is a consumer
Consumer-to-Consumer (C2C):
consumer sells directly to consumers, examples -individuals selling in classified ads, auction sites allowing individuals to put up items for auction - e.g, e-bay
Consumer-to-Business (C2B):
individuals who sell products or services to organizations and those who seek sellers and conclude a transaction
Intra Business (organizational) EC:
all internal organizational activities involving exchange of goods, services or information, selling corporate products to employees, online training and cost reduction activities
Non-Business EC
- academic institutions, not-for-profit organizations, religious/social organizations and government agencies using EC to improve their operations, customer service and reduce expense
