Answer:
E-Procurement, Online Stores, Online Marketplace, Online Communities and Online Companies
Explanation:
1. E-Procurement
It is also known as supplier exchange in which business to business, business to government, business to consumer, and sales of services are made with the help of the internet. Basically, e-procurement is a way adopted by the companies to reduce the costs and efforts by sourcing products or services electronically.
2. Online Stores
It is an electronic sourcing (website or application) for products or services, such as online shopping stores. Online stores are also known as e-shop, internet shop, web-store, virtual store, web-shop, m-commerce, and online storefront. The main purpose of these online stores is to save precious time and money.
Anyone can buy products or services by making online payments using credit cards, cash on delivery and other payment methods. The owners of online stores should host their eCommerce website on the PCI compliant hosting because Payment Card Industry Security Standards Council (PCI SSC) make it compulsory for those who are accepting the online payments.
3. Online Marketplace
It is an electronic commerce that connects the buyers and suppliers to the services or products over the internet. Keep in mind, the operator of an online marketplace only presents the inventory of other people and provides the transaction facility.
Moreover, the following are also known as e-business areas:
4. Online Communities
Online communities (also known as web communities or internet communities) are the groups of people having the same interests or purposes who use the internet to communicate with each other. It is used between the individuals and organizations to prepare transaction decisions.
5. Online Companies
It is electronic business cooperation that connects the individual companies and forms a virtual business with a common transaction offer.
