What does it tell us? Why should we care?
Learning Objectives Define e-marketplaces and list their components. List the major types of electronic markets and describe their features.
Describe the types of intermediaries in EC and their roles. Describe electronic catalogs, shopping carts, and search engines. Learning Objectives Describe the various types of auctions and list their characteristics. Discuss the benefits, limitations, and impacts of auctions.
Describe bartering and negotiating online. Define m-commerce and explain its role as a market mechanism. Discuss liquidity, quality, and success factors in e-marketplaces.
Describe the economic impact of EC. Discuss competition in the digital economy.
Describe the impact of e-marketplaces on organizations. The Solution Address two types of issues Business-to-consumer maintains a diversified Ch02 job order costing 2 portal raffles.
What we can learn… Old-economy hotel transformed itself into a click-and-mortar business by creating two separate electronic markets: B2C market—selling its services to consumers B2B private market—to buy from its suppliers and to sell products to other hotels Used several e-commerce mechanisms: Electronic Marketplaces Markets play a central role in the economy facilitating the exchange of: Three main functions of markets matching buyers and sellers facilitating the exchange of information, goods, services, and payments associated with market transactions providing an institutional infrastructure, such as a legal and regulatory framework, that enables the efficient functioning of the market Electronic Marketplaces cont.
In recent years markets have seen a dramatic increase in the use of IT—EC has: A marketplace in which sellers and buyers exchange goods and services for money or for other goods and servicesbut do so electronically Marketspace Components: Goods that can be transformed to digital format and delivered over the Internet Front end: The activities that support online order-taking.
It includes fulfillment, inventory management, purchasing from suppliers, payment processing, packaging, and delivery Intermediary: A third party that operates between sellers and buyers Types of Electronic Markets: Types of Electronic Markets Electronic storefront: A single or company Web site where products and services are sold Mechanisms necessary for conducting the sale: Types of Electronic Markets cont.
An online shopping center where many stores are located some are merely directories some provide shared services e.
An online market, usually B2B, in which buyers and sellers exchange goods or services; the three types of e-marketplaces are private, public, and consortia Private e-marketplaces: Online markets owned by a single company; can be either sell-side or buyside marketplaces Sell-side e-marketplace: A private e-market in which a company sells either standard or customized products to qualified companies Types of Electronic Markets cont.
A private e-market in which a company makes purchases from invited suppliers Public e-marketplaces: E-marketplaces owned by a small group of large vendors, usually in a single industry Information Portals: Information Portals Information portal: Six types of portals Commercial public portals Corporate portals Publishing portals Personal portals Mobile portals: Intermediation and Syndication in E-Commerce Intermediaries brokers provide value-added activities and services to buyers and sellers Intermediaries in the physical world are wholesalers and retailers Infomediaries: Intermediation and Syndication in E-Commerce cont.
Roles and value of intermediaries in e-markets Search costs Lack of privacy Incomplete information Contract risk Pricing inefficiencies Intermediation and Syndication in E-Commerce cont.
E-distributors in B2B e-distributor: Routine items that are usually not under regular contract with suppliers Intermediation and Syndication in E-Commerce cont. Disintermediation and reintermediation Disintermediation: Elimination of intermediaries between sellers and buyers Reintermediation:ch02 _ 1.
CONCEPTS AND THEORIES GUIDING PROFESSIONAL PRACTICE Linda Roussel, RN, DSN, NEA, BC 2 Q U O T E Do not, I beg you, look for anything behind phenomena. 9 Tower Lane (Sqaq itTorri), Sliema SLM , Malta Tel + or Fax: + email: info barnweddingvt.com website: barnweddingvt.com m Remittance barnweddingvt.com - alleghenycggc ALLEGHENY REGION & GENERAL CONFERENCE MINISTRIES REMITTANCE FORM (Please Type or Print all.
LO 2 OTHER COSTS Prime costs Direct materials and direct labor Selling & administrative costs Noninventoriable (period) costs Expensed as incurred in period LEARNING LEARNING OBJECTIVE OBJECTIVE 3 Prepare income statements for manufacturing and service organizations.
Exhibit Infomediaries and Information Flow Model Intermediation and Syndication in E-Commerce (cont.): Intermediation and Syndication in E-Commerce (cont.) Roles and value of intermediaries in e-markets Search costs Lack of privacy Incomplete information Contract risk Pricing inefficiencies.
Solution Manual for Managerial Accounting Tools for Business Decision Making 4th Edition by Weygandt. CHAPTER 2 Job Order Costing ASSIGNMENT CLASSIFICATION TABLE Study Objectives Questions Brief Exercises Exercises A Problems B Problems 1.
For more information about Form W-2, see the General Instructions for Forms W-2 and W Penalties. The law provides for the following penalties if you do not file Form MISC or Form W-2 or do not correctly report the information.