e-commerce:Theprocessofbuying,selling,orexchangingproducts,services,orinformationviacomputer;2
e-business:AbroaderdefinitionofECthatincludesnotjustthebuyingandsellingofgoodsandservices,butalsoservicingcustomers,collaboratingwithbusinesspartners,andconductingelectronictransactionswithinanorganization;3
brick-and-mortar(oldeconomy)organizations:Old-economyorganizations(corporations)thatperformtheirprimarybusinessoff-line,sellingphysicalproductsbymeansofphysicalagents;4
virtual(pure-play)organizations:Organizationsthatconducttheirbusinessactivitiessolelyonline;5
click-and-mortar(click-and-brick)organizations:Organizationsthatconductsomee-commerceactivities,usuallyasanadditionalmarketingchannel;6
electronicmarket(e-marketplace):Anonlinemarketplacewherebuyersandsellersmeettoexchangegoods,serv