quiz 2
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
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A set of planned activities designed to result in a profit in a marketplace. | show 🗑
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8 BUSINESS MODEL | show 🗑
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A business Model steps. | show 🗑
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A document that describes a firm’s business model. | show 🗑
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show | E-COMMERCE BUSINESS MODEL
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provide integrated, hotel, conference center, and auto rental services at a single | show 🗑
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Saves time and money for both job hunters and employers. | show 🗑
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show | The ability to establish market prices and terms, as well as trends in the labor market.
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show | Common phrases
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show | E-Commerce Enablers
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show | Industry Value Chains
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show | Firm Value Chains
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show | Firm Value Webs
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integrating Web and mobile operations with traditional physical store operations | show 🗑
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show | ECONOMIC VIABILITY
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Digital network designed to coordinate the flow of communications among firms engaged in business together. | show 🗑
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EIGHT KEY ELEMENTS OF A BUSINESS MODEL | show 🗑
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show | VALUE PROPOSITION
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Describes how the firm will earn revenue, generate profits, and produce a superior return on invested capital. | show 🗑
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show | MARKET OPPORTUNITY
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show | COMPETITIVE ENVIRONMENT
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show | COMPETITIVE ADVANTAGE
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The plan you put together that details exactly how you intend to enter a new market and attract new customer. | show 🗑
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show | ORGANIZATIONAL DEVELOPMENT
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Employees of the company responsible for making the business model work | show 🗑
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show | (S-E-T-C)
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show | Seed capital
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short two-to-three-minute presentation aimed at convincing investors to invest. | show 🗑
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incubators, angel investors, commercial banks, venture capital firms | show 🗑
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show | Crowdfunding
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B2C MODELS | show 🗑
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show | (ED-EP-E-IC)
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Online retail store or online version of a traditional retailer | show 🗑
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Single-channel e-commerce firms that generate almost all of their revenue from online sales. | show 🗑
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Companies that have a network of physical stores as their primary retail channel but have also introduced online offerings. | show 🗑
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Established companies that have a national offline catalog operation that is their largest retail channel, but who have recently developed online capabilities. | show 🗑
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Single- or multi-channel manufacturers who sell directly online to consumers without the intervention of retailers. | show 🗑
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show | COMMUNITY PROVIDER
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show | CONTENT PROVIDER
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show | a. Syndication
b. Aggregation
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Offers users powerful search tools as well as integrated package of content and services all in one place. | show 🗑
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Variations: PORTAL | show 🗑
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Processes transactions for consumers that normally handled in person, by phone, or by mail. | show 🗑
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show | MARKET CREATOR
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Companies that make money by selling users a service, rather than a product. | show 🗑
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show | 4 (ED-EP-EX-IC)
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A company that supplies products and services directly to individual businesses | show 🗑
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A firm that creates and sells access to digital markets where participants transact for | show 🗑
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show | EXCHANGES
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Industry-owned vertical marketplaces that serve specific industries. | show 🗑
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show | Business Strategy
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Five generic strategies | show 🗑
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show | transaction brokers & hands-on service providers
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show | a. Knowledge- and Information-Intense - makes them uniquely suited to e-commerce apps
b. Personalization and customization - level differs depending on type of service
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E-commerce has transformed banking and financial services. | show 🗑
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5: Online Financial Services | show 🗑
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Applied to traditional financial services firms who are developing and implementing innovative technologies. | show 🗑
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Top mobile banking activities include checking balances and bank statements. | show 🗑
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show | Online Mortgage and Lending Services
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Most insurance not purchased online. | show 🗑
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show | Online Real Estate Services
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have both physical presence and online offering, preferred than pure-online firms. | show 🗑
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no physical presence, cannot provide all services that require face-to-face interaction. | show 🗑
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sites that provide consumers with comparison shopping services, independent financial advice, and financial planning | show 🗑
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the process of pulling together all of a customer’s financial (and even nonfinancial) data at a single personalized website | show 🗑
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show | Online Travel Services
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Online Travel Services: 2 subs | show 🗑
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more convenient than traditional travel agents (content, commerce, and customer service) | show 🗑
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show | For suppliers
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show | Online Career Services
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show | a. Traditional recruitment tools
b. Online recruiting
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classified and print ads, career expos, on campus recruitment, employment agencies (staffing firms), internal referral programs. | show 🗑
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more efficient, cost-effective, reduces total time-to-hire - enable job hunters to more easily distribute resumes - ideally suited for Web due to information-intense nature of process. | show 🗑
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Created by:
popie