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36 terms

part 2

STUDY
PLAY
Not-For-Profit Fundraising
Most current scrip offerings, such as eScrip, focus on the _____ market.
Charge Card
A _____, offered by companies such as American Express, carries no spending limit, and the entire amount charged to the card is due at the end of the billing period.
closed Loop
In a(n) _____ system, the card issuer pays the merchants that accept the card directly and does not use an intermediary, such as a bank or clearinghouse system.
open Loop
Whenever a third party processes a transaction, the system is called a(n) _____ system.
Merchant
A(n) _____ bank is a bank that does business with sellers that want to accept payment cards.
Chargeback
When a cardholder successfully contests a charge, the merchant bank must retrieve the money it placed in the merchant account in a process called a(n) _____.
Automated Clearing House
ACH is short for _____.
Micropayments
Internet payments for items costing from a few cents to approximately a dollar are called _____.
Small Payment
The term _____ refers to all payments of less than $10.
Mobile
Some companies have begun to offer small payment and micropayment services through _____ telephone carriers.
Double Spending
_____ is spending a particular piece of electronic cash twice by submitting the same electronic currency to two different vendors.
Anonymous
_____ electronic cash is electronic cash that cannot be traced back to the person who spent it.
Serial Number
One way to be able to trace electronic cash is to attach a _____ to each electronic cash transaction.
Serial Numbers
Creating truly anonymous electronic cash requires a bank to issue electronic cash with embedded _____ such that the bank can digitally sign the electronic cash while removing any association of the cash with a particular customer.
Float
PayPal earns a profit on the _____, which is money that is deposited in Paypal accounts and not used immediately.
Peer-To-Peer
The free payment clearing service that PayPal provides to individuals is called a _____ payment system.
Client-Side
A(n) _____ electronic wallet stores a consumer's information on his/her own computer.
Client-Side
A disadvantage of _____ wallets is that they are not portable.
Smart Card
A _____ is a stored-value card that is a plastic card with an embedded microchip that can store information.
Paper Checks
The largest dollar volume of payments today are made using _____.
Phishing
_____ is a technique for committing fraud against the customers of online businesses.
Identify Theft
_____ is a criminal act in which the perpetrator gathers personal information about a victim and then uses that information to obtain credit.
Spam
_____ is a key element in a phishing attack.
downstream
_____ strategies can be used to improve the value that the business provides to its customers.
upstream
_____ strategies focus on reducing costs or generating value by working with suppliers or inbound shipping and freight service providers.
tco
The _____ of an electronic commerce implementation includes the costs of hardware, software, design work outsourced, salaries and benefits for employees involved in the project, and the cost of maintaining the site once it is operational.
scalabillity
_____ is measured by the ease of expansion of bandwidth, disk space, and additional software (database, traffic analysis, and so on) that can be added to an account as it grows.
ROI
Which of the following techniques measures the amount of income that will be provided by a specific current expenditure?
Net Present Value
_____ is an example of a return on investment technique.
Outsourcing
Hiring another company to provide the outside support for all or part of a project is called _____.
Early Outsourcing
In many electronic commerce projects, the company outsources the initial site design and development to launch the project quickly. This approach is called _____.
Partial Outsourcing
In _____, the company identifies specific portions of the project that can be completely designed, developed, implemented, and operated by another firm that specializes in a particular function.
Incubator
A(n) _____ is a company that offers start-up companies a physical location with offices, accounting and legal assistance, computers, and Internet connections at a very low monthly cost.
Fast Venturing
In _____, an existing company that wants to launch an electronic commerce initiative joins external equity partners and operational partners that can offer the experience and skills needed to develop and scale up the project very rapidly.
Equity Partners
_____ are usually banks or venture capitalists that sometimes offer money, but are more likely to offer experience gained from guiding other start-ups that they have funded.
Operational Partners
_____ are firms, such as system integrators and consultants, that have experience in moving projects along and scaling up prototypes.