Chapter 9 Packet Notes Flashcards Preview

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Flashcards in Chapter 9 Packet Notes Deck (14):
1

Shared space, services, and management assistance for new business.

Buiness Incubator

2

  • Business Image
  • Legal Considerations
  • Family and business conflicts.

The Challenges of a Home-Based Business

3

A professional business image is difficult to maintain in a home environment.

Business Image

4

Local laws and zoning ordinances prohibit many types of home-based business.

Legal Considerations

5

The need to observe regular business hours and establish spatial boundaries (specific work areas) to avoid distractions.

Family and Business Conflicts

6

A group of shared characteristics, behaviors, and goals that a firm follows in a particular business situation.

Business Model

7

  • Business to Business (B2B) Model
  • Business to customer (B2C) Model
  • Auction sites

Types of Customers Served (E-Commerce Business)

8

  • Sells to business customers electronically
  • Facilitates outsourcing

Business-to-Business (B2B) Model

9

  • Electronic retailing to final customers; resulting in disintermediation (bypassing middleman).
  • Advantages of 24/7 E-tailing
    • User convenience in all-hours access to products and services.
    • Immediate completion of transactions

Business-to-Customer (B2C) Model

10

Web-based business offering participants the ability to list products for bidding.

Auction Sites

11

  • Content-based model
  • Information-based model
  • Transaction-based model

Nature of Online Presence

12

The Web site provides information but not the ability to buy or sell products and services.

Content-Based Model

13

The Web site provides information about a business, its products, and other related matters, but doesn't charge for its use.

Information-Based Model

14

The Web site provides a mechanism for buying or selling products or services.

Transaction-Based Model