Exam 9: E-Commerce, social Networking and Web 2.0

Social Capital adds value in four ways: Information,Influence,Employment,Personal reinforcement.

It could be said that traditional web sites are about participation and Web 2.0 is about publishing.

Surprisingly,disintermediation is giving way in some business models to re-intermediation.An example of this is

An e-commerce nonmerchant that provides goods and services at a stated price and arranges for delivery is known as

The result of combining outputs from two or more websites is called

What is social capital and how does it add value for the individual?

On some websites,users can give each other customer support or even participate in the creation of solutions,designs and products.This phenomenon is called

Using specific examples,describe how social networks add value to business.

According to Lin,social capital adds value in these ways:

When making a purchase,modern consumers are more likely to

Modern consumers often know more about a product or service than does the person facilitating the sale.

Compared to traditional processing,Web 2.0 processing is characterized by

When Dell computers sells to a federal agency this is called

eBay.ca would be an example of

The Web 2.0 business model relies on software licensing to provide software as a service.

The people you know least can contribute the most to your network.

When it comes to social networks,if a company hires sales people,has a strong customer support system,and engages in public relations,the company is building

Advertisers can actually purchase search words from Google by using

For the consumer,e-commerce improves the flow of

Contrary to common thinking,network theory suggests that __________________ contributes the most to the growth of social networks.