Flashcards
Soical media & E-business
Cards in this deck (8)
- 1What is e-business?Using the internet to provide services/manage business
- 2Drivers of e-business?Cost – cheaper than traditional business Demands of customers - 24/7 society
Wider profit/collaboration overseas - 3Pros for business?Cheaper
Wider profit/recognition
Able to communicate easier with suppliers online/customers, Advertisement - 4Cons for business ?Apply to different regulations/laws
Bad reputation if things go bad
Security/maintenece costs - 5Pros for customers?Easy don’t have to wait in queues
Accesses to different sites across the world
Guarantee and return policies e.g. amazon - 6Cons for customers?Online tax laws
Scams
Security – fraud/identity theft - 7Pros of social media?Updates, communication, relationships, journalist
- 8Cons of social media?Security, stalking, mental health, less social
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- Amandeep Dimana
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