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exam 2
5 cards·by akeems
auction
A competitive process in which either a seller solicits consecutive bids from buyers or a
buyer solicits bids from sellers, and prices are d
banners
Electronic billboards, which typically contain a short text or graphical message to promote
a product or a vendor.
brick-and-mortar organizations
Organizations in which the product, the process, and the delivery agent are all physical.
business model
The method by which a company generates revenue to sustain itself.
business-to-business electronic commerce (B2B)
Electronic commerce in which both the sellers and the buyers are business organizations.