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E-Commerce Vocabulary Worksheet
Terms in this set (27)
Business conducted electronically (buying/selling on web)
Business to Business
Where organizations do business with one another, usually large dollar amounts, sellers extend credit to customers, partial payments
Business to consumer
applies to any business that sells its products or services to consumers over the internet
financial penalties imposed on manufacturers by retailers
An entity that verifies the actual identity of an organization or individual before it provides a Digital Certificate
placing two or more brand names on a product or its package
small computer programs left behind on your computer when you visit a website
Customer Relationship Management
the overall process of building and maintaining profitable customer relationships by delivering superior customer value and satisfaction.
the activity of converting from plain text into code
involves retailers selling products over the internet to the customer
(computing) a security system consisting of a combination of hardware and software that limits the exposure of a computer or computer network to attack from crackers
A computer or other device that connects networks.
Data about consumers and their consumption habits are valuable, especially when that information is carefully analyzed and used to target marketing campaigns. Independently collected data about producers and their products are useful to consumers when considering a purchase. Some firms function as infomediaries (information intermediaries) assisting buyers and/or sellers understand a given market.
Electronic version of a paper check, offers high security, speed, and convenience for online transactions.
a bank account that allows companies to process credit card payments and receive funds from those transactions
Merchant Identification Number
a unique number assigned to a merchant account to identify it throughout the course of processing activities
Peer to Peer
A network model where all computers on the network are equal and data may be shared from computer to computer.
policy that indicates what kind of information a website will take from you and what they intend to do with it
indicates that you're communicating through a secure server
software that is available free of charge
an electronic tool used by online consumers to purchase goods and services
a program or product that the vendor executes without further involvement from the client
What You See Is What You Get
all webpage creation programs are known as WYSIWYG which stands for
Measure of how long a computer system has been operating without restarting.
Small Office/Home Office
includes any company with fewer than 50 employees, as well as self-employed who work from home
The session of activity that a user with a unique IP address spends on a Web site during a specified period of time
Privacy Seal Programs
a program that certifies the Web site owner complies with the site's proposed policy
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