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Define and Discuss the Four Basic Types of E-Commerce Business

question 36

Essay

Define and discuss the four basic types of e-commerce business models used in procurement and sourcing.


Definitions:

Withdraw Money

involves removing cash from a bank account, either through an ATM, bank teller, or other banking procedures.

Pegboard

A board, typically perforated with a grid of holes, used for organizing tools or for games, by fitting pegs or hooks into the holes.

Carbon Strip

A narrow band of carbon material used in various applications, including electrical and thermal conductivity enhancements.

Ledger Card

A physical or digital record used to track financial transactions.

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