Define the Terms E-Business and E-Commerce and Explain the Difference

question 34

Essay

Define the terms e-business and e-commerce and explain the difference.What is the key factor in determining if a transaction is "commerce"?

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Definitions:

Contingency Theories

These are management theories suggesting that the best leadership or management style depends on the circumstances, implying there's no one best way to lead or manage.

Cross-Cultural Differences

The variations in norms, values, beliefs, and practices among people from different cultures or societal backgrounds.

Survey Field Studies

Research methods involving the collection of data from a large number of respondents through questionnaires or interviews to analyze behaviors or attitudes.

Laboratory Experiments

Controlled testing environments in which variables can be manipulated to observe their effects on certain outcomes, often used in scientific and psychological research.