What Is E-Commerce? What Are the Main Types of E-Commerce

question 8

Essay

What is e-commerce? What are the main types of e-commerce transactions? Discuss some of the reasons why B2B transactions make up a significant percentage of current e-commerce business?

Distinguish between GMT and its modern equivalent time zone system.

Understand the purpose and basic functions of diagramming software.

Identify characteristics of electronic mail that facilitate project management.

Understand the concept of freeware and its applications.

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Definitions:

Public Endorsement

The act of publicly supporting or approving a product, service, or idea, often by a celebrity or influential figure, to influence the public's opinion or consumer behavior.

Influence Impression

The impact or effect an individual's behavior, opinions, or actions have on others' perceptions, decisions, or actions, especially in contexts such as social media or marketing.

The Two-Step Flow Model

A communication theory suggesting that information from the media moves to opinion leaders and then to a wider audience.

Influencers

People who can influence others' buying choices due to their expertise, status, authority, or personal connection with their audience.