A network that connects people within a company to each other and to the company network.
INTRANET
5
A network that connects a company with its suppliers and distribution.
EXTRANET
5
A vast public web of computer networks, which connects users of all types all around the world to each other and to an amazingly large “information repository.”
INTERNET
5
What are the four specific forces that underlie the new digital age.
DIGITALIZATION AND CONNECTIVITY,
THE INTERNET EXPLOSION,
NEW TYPES OF INTERMEDIARIES,
CUSTOMIZATION AND CUSTOMERIZATION
5
The company leaves it to individual customers to design the offering.
CUSTOMERIZATION
5
Involves taking the initiative to customize the market offering.
CUSTOMIZATION
5
Buying and selling processes supported by electronic means, primarily the internet.
E-COMMERCE
5
The use of electronic platforms intranets, extranets, and the internet to conduct a company’s business.
E-BUSINESS
5
What are three main type of e-businesses?
Direct-to-consumer,
Third-party service provider,
Business-to-business,
5
This explosive worldwide growth in Internet usage forms the heart of the so-called New Economy.
THE INTERNET EXPLOSION
5
What are the 4 E-Commerce Domains?
Business to Consumer,
Business to Business,
Consumer to Business,
Consumer to Consumer