1.what\'s a shopping cart?
A shopping cart is a order-proceing technology that allows customers to accumulate items they wish to buy as they continue to shop.
2.What\'s the difference between busine model and revenue model?
A busine model is a set of procees that combine to achieve a company\'s goal,which is to yield a profit.
A revenue model ,which is a specific collection of busine procees used to identify customers,market to those customers,and generate sales to those customers.
3.What are Transaction costs?
Transaction costs are the total costs that a buyer and seller incur as they gather information and negotiate a purchase-sale transaction.
4.list Five parties may be involved in the e-payment method:
(1)Customer/payer/buyer.客户/付款人/买主
The party making the e-payment in exchange for goods or services.
(2)Merchant/payee/seller.商人/收款人/销售者
The party receiving the e-payment in exchange for goods and services.
(3)Iuer.发行者
The banks or nonbanking institutions that iue the e-payment instrument used to make the purchase.
(4)Regulator.管理者
Usually a government agency whose regulations control the e-payment proce.
(5)ACH (Automated Clearing House).自动化交易所
An electronic network that transfers money between bank accounts.
5.What are credit cards?
A credit card provides the holder with credit to make purchases up to a limit fixed by the card iuer.
6.What are virtual credit cards?
Virtual credit card is an e-payment system in which a credit card iuer iues a special number that can be used in place of regular credit card numbers to make online purchases.
7.Describe the four main catagories of EC intermediaries?
Brokers match buyers and sellers for a fee.
Auctioneers set up a mechanism to determine prices.
Dealers take ownership of goods provided by suppliers and resell them to buyers.
Exchanges are double-sided markets, similar to existing markets for financial instruments and some commodities.
8.what dose Authentication/Authorization mean?
9.what’s the difference between Authentication and Authorization?(8和9答案相同) Authentication
The proce by which one entity verifies that another entity is who they claim to be is called authentication.
Authorization
Authorization ensures that a person or program has the right to acce certain resources.
