E-Commerce Quiz Study Guide Rated A+

Security measuers associated with credit cards {Ans: Address verification system- compares addresses of card to person using Card verification #- checks added digits typically on back of card}Hardware (webservers required storage capacity and computing power depends on {Ans: Software that runs on servers volume of e-commerce transactions that must be processed consider types of server to host website}Effective E-commerce model {Ans: method of doing business online in order to earn revenue}Motivation of sale {Ans: B2B- driven by business decisions and needs B2C- Driven by individual consumers needs and emotion C2C- driven by indv consumers need and emotion}Consumer to Consumer {Ans: involves electronic transactions between consumers facilitated by a third party (ebay)}Value of Sale {Ans: B2B- Thousands or millions of Dollars B2B- Tens or hundreds of dollars C2C- tens of dollars}