_______________ Systems Are a Major Form of Electronic Commerce Systems

question 50

Short Answer

_______________ systems are a major form of electronic commerce systems in banking and retailing industries that use a variety of information technologies to capture and process money and credit transfers between banks and businesses and their customers.

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Definitions:

Vertical Acquisition

The acquisition of a company operating within the same industry but at a different level of the supply chain, enhancing supply chain efficiency.

Horizontal Acquisition

The process of a company acquiring another company in the same industry at the same level of the supply chain to enhance its market share.

Conglomerate Acquisition

A conglomerate acquisition occurs when a company buys another company in a completely unrelated business sector, aiming for diversification of business interests.

Poison Pill

A defensive strategy used by companies to prevent or discourage hostile takeovers by making the company less attractive to the acquirer.