Quiz 3 Flashcards
Conducting business activities electronically
Electronic commerce
A form of e-commerce in which customers deal directly with an organization and avoid intermediaries
B2C business to consumer
A subset of e-commerce that involves electronic transactions between consumers using a third party
C2C consumer to consumer
A single web site that offers many products and services at one internet location
Cybermall
The process of tailoring web pages to specifically target individual consumers
Personalization
A trusted third party organization that issues digital certificates
Certificate authority
A communications protocol used to secure sensitive data during e-commerce
SSL secure sockets layer
A credit card-sized device with an embedded microchip to provide electronic memory and processing capability
Smart card
A form of data processing whereby business transactions are accumulated over a period of time and prepared for processing as a single unit or batch
Batch processing
The process of data collection, data editing, data correction, data processing, data storage and document production
Transaction processing cycle
The purchase of items at the checkout stand updates a store’s inventory database and its database of purchases
Point-of-sale transaction processing system
Reentering data that was not typed or scanned properly
Data correction
Updating one or more databases with new transactions
Data storage
A system central to the organization that ensures information can be shared across all business functions and all levels of management to support the running and managing of a business
Enterprise system
An ERP integrates business processes and the ERP database
Enterprise resource planning system
