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.

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Definitions:

Hypotheses

Tentative explanations or suppositions made based on limited evidence as a starting point for further investigation.

Arguments

A series of statements typically used to persuade someone of something or to present reasons for accepting a conclusion.

Explanandum

The phenomenon or event that an explanation seeks to explain.

Explanation

A statement or account that makes something clear by describing the relevant structure, mechanisms, or reasons.