Question1. Illustrate the term B2B and B2C. Provide one example of each kind of business that each represents.
Question2. Contrast traditional commerce with electronic commerce and illustrate how can e-commerce raise sales and reduce costs?
Question3. Elaborate on any two drivers which have improved the adoption of e-business.
Question4. Businesses are forced to make continuous improvements in order to maintain their position in the market. How does e-commerce contribute to this business procedure reengineering?
Question5. E-commerce transactions are either buy side or sell side e commerce. State the term “buy side e-commerce” and “sell side e-commerce”.