CMIS 351 Lesson 9: Ecommerce, Social Networking, and Web 2.0

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Training and Development Manager CMIS 351 Flashcards on CMIS 351 Lesson 9: Ecommerce, Social Networking, and Web 2.0, created by Adriana Vincelli-Joma on 02/06/2020.
Adriana Vincelli-Joma
Flashcards by Adriana Vincelli-Joma, updated more than 1 year ago
Adriana Vincelli-Joma
Created by Adriana Vincelli-Joma about 4 years ago
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Question Answer
Types of Inter-organizational Systems -Business-to-consumer (B2C) -Business-to-business (B2B) -Business-to-government (B2G)
Business-to-consumer (B2C) -sales between supplier and retail customer -IS provides web-based application or web-storefront
Business-to-business (B2B) -ecommerce sales between companies -raw materials suppliers use B2B to sell to manufacturers -manufacturers use B2B to sell to distributors -distributors use B2B to sell to retailors
Business-to-government (B2G) -ecommerce sales between companies and governmental organizations
Ecommerce -buying and selling of goods and services over public and private computer networks
Web 2.0 -describes applications and platforms on web -popularized by Tim O'Reilly to refer to integration and interaction of products and services
Why is Web 2.0 important to business? -use increases value -organic user interface -advertising -mashups: output from two or more websites is combined into single user experience
Types of Capital -physical -human -social
Physical Capital -investment of resources for future profit
Human Capital -investment in human knowledge and skills for future profit
Social Capital -investment in social relations with expectation of returns in the workplace
How Social Capital Adds Value -information -influence -social credentials -personal reinforcement
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