1. Briefly define the term electronic commerce, and identify five forms of electronic commerce based on the parties involved in the transactions.
2. How does the dollar volume of U.S. B2B e-commerce compare to the volume of B2C e-commerce?
3. What is electronic couponing and how does it work? What are some of the issues with electronic couponing?
4. What is an electronic exchange? Identify and briefly describe three types of exchanges based on who operates the exchange.