Business and Technology Evolution
Introduction to Business
Ch. 9 Review
1
Business conducted on the Internet.
•
E–Commerce
•
Electronic Commerce
•
Buying and Selling Online
2
A business just starting out.
•
Start-up
3
A company that uses several means to sell
products.
•
Multi-channel retailer
4
The people that work with computers while
doing business.
•
E-workforce
5
A system that links all the steps in a process
digitally.
•
Digital workflow
6
An electronic ticket.
•
E-ticket
7
Another name for a business operation that uses
the internet in addition to traditional stores or
warehouses.
•
Clicks-and-mortar
8
A business that sells retail products over the
Internet.
•
E-tail
9
Another name for a business’s stores and
warehouses.
•
Bricks-and-mortar
10
Computers were first used only by
____________
a.
Businesses
b.
The military
c.
Research laboratories
d.
individuals
11
____ refers to inventions like the plow, the
radio, and the computer.
a.
Virtual Business
b.
E-commerce
c.
Industry
d.
Technology
12
A multi-channel retailer sells products ____.
a. I
n stores, by mail, and online
b. In stores, in malls, and in warehouses
c. Online only
d. By mail and online
13
The “e” in e-commerce stands for _____.
a.
Economic
b.
Energy
c.
Electronic
d.
Extreme
14
A disadvantage of e-tail is that ______.
a.
It’s inconvenient
b.
You have fewer choices
c.
You can’t compare prices
d.
You can’t inspect products first hand.
15
When Talking About E-commerce, E-ticket & E-
tail, What Does The "E" Stand For?
Electronic
•
electronic commerce
•
electronic ticket
•
electronic retail
16
What Are 4 Things Consumers Purchase On-line.
•
Music
•
Books
•
Games
•
Tickets
•
Etc.
17
Tell Me A Technological Invention That Affects
Your Daily Life And How Your Life Would Be
Different If You Didn't Have That Invention.
•
Electricity, computer, phone….
18
Give Me Two Advantages To The Consumer
When Using E-tail.
•
Convenience
•
Choices
19
Give Me Two Disadvantages To The Consumer
When Using E-tail.
•
Buying Power
•
It’s easy to over spend or order things by mistake.
•
Order Charges
•
Most products are delivered by mail so you have to pay shipping charges & tax.
•
Immediacy
•
You still have to wait for products to be delivered.
•
Relying on Observation
•
On-line buying requires you to rely on pictures & descriptions instead of actually
touching things yourself.
20
Why Don't Travel Agents Like The Do-it-yourself
Attitude Of E-tickets?
•
You take business away from them.
21
Tell Me What E-ticket Or E-tail Site You
Accessed In Class And Why You Chose This
Site?
•
Explain.
22
If You Were To Open A Clicks-and-Mortar (On-
line) Business. What Would You Do?
•
What Type Of Business Would You Choose To Start?
•
What Would You Call Your Business?
•
What Types Of Products Would You Sell On-line?
•
Are There Any Products You Would Refuse To Sell Online?
•
Explain Why Or Why Not.
23
Evolution of business in the digital age, from e-commerce to start-ups and multi-channel retailers. Learn about the e-workforce, digital workflows, e-tickets, and more. Discover how computers have revolutionized industries and the significance of technology in shaping our world.
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Presentation Transcript
Introduction to Business Introduction to Business Ch. 9 Review Ch. 9 Review 1
Business conducted on the Internet. E Commerce Electronic Commerce Buying and Selling Online 2
A business just starting out. Start-up 3
A company that uses several means to sell products. Multi-channel retailer 4
The people that work with computers while doing business. E-workforce 5
A system that links all the steps in a process digitally. Digital workflow 6
An electronic ticket. E-ticket 7
Another name for a business operation that uses the internet in addition to traditional stores or warehouses. Clicks-and-mortar 8
A business that sells retail products over the Internet. E-tail 9
Another name for a businesss stores and warehouses. Bricks-and-mortar 10
Computers were first used only by ____________ a. Businesses b. b. The military The military c. Research laboratories d. individuals 11
____ refers to inventions like the plow, the radio, and the computer. a. Virtual Business b. E-commerce c. Industry d. d. Technology Technology 12
A multi-channel retailer sells products ____. a. In stores, by mail, and online n stores, by mail, and online b. In stores, in malls, and in warehouses c. Online only d. By mail and online 13
The e in e-commerce stands for _____. a. Economic b. Energy c. c. Electronic Electronic d. Extreme 14
A disadvantage of e-tail is that ______. a. It s inconvenient b. You have fewer choices c. You can t compare prices d. d. You can t inspect products first hand. You can t inspect products first hand. 15
When Talking About E-commerce, E-ticket & E- tail, What Does The "E" Stand For? Electronic electronic commerce electronic ticket electronic retail 16
What Are 4 Things Consumers Purchase On-line. Music Books Games Tickets Etc. 17
Tell Me A Technological Invention That Affects Your Daily Life And How Your Life Would Be Different If You Didn't Have That Invention. Electricity, computer, phone . 18
Give Me Two Advantages To The Consumer When Using E-tail. Convenience Choices 19
Give Me Two Disadvantages To The Consumer When Using E-tail. Buying Power It s easy to over spend or order things by mistake. Order Charges Most products are delivered by mail so you have to pay shipping charges & tax. Immediacy You still have to wait for products to be delivered. Relying on Observation On-line buying requires you to rely on pictures & descriptions instead of actually touching things yourself. 20
Why Don't Travel Agents Like The Do-it-yourself Attitude Of E-tickets? You take business away from them. 21
Tell Me What E-ticket Or E-tail Site You Accessed In Class And Why You Chose This Site? Explain. 22
If You Were To Open A Clicks If You Were To Open A Clicks- -and line) Business. What Would You Do? line) Business. What Would You Do? and- -Mortar (On Mortar (On- - What Type Of Business Would You Choose To Start? What Type Of Business Would You Choose To Start? What What Would You Call Your Business? Would You Call Your Business? What What Types Of Products Would You Sell On Types Of Products Would You Sell On- -line? line? Are Are There Any Products You Would Refuse To Sell Online? There Any Products You Would Refuse To Sell Online? Explain Explain Why Or Why Not. Why Or Why Not. 23
