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2.01a E-Commerce Vocabulary Matching

AB
Automatic DepositsThe "paperless" transfer of funds from an employer or other agency to the account of an employee or beneficiary.
Continuous Inventory ControlThe process of managing product inventory where the information is updated instantaneously each time there is an increase or decrease to the stock-in-hand.
Cyber-IntermediariesIndividuals who develop Internet-based Intermediary solutions.
Direct Distribution ChannelsA company produces goods or services and then delivers those goods and services to the consumer without using an intermediary.
Distribution ChannelsThis refers to the movement of products or services from the producer to the consumer.
DisintermediationThe process of losing distribution channels when they are no longer needed.
Distance LearningA new trend in education and training whereby courses are offered via the internet from a remote site.
E-ChecksAn encrypted representation of a paper check.
E-CashDigital cash that is drawn directly from the consumer's bank account and stored in a digital wallet on a hard drive.
Electronic PaymentsA payment that is transmitted electronically either over the telephone line, or between Web sites on the Internet.
E-ServiceThe methods that a company uses to provide customer service directly from its web site.
Electronic WalletsA file on a seller's web site that contains buyer information such as buyer name, credit card information, and shipping requirements/preferences.
EncryptionAn encrypted number is a number coded in a way that cannot be understood by anyone who is not supposed to use it.
The FloatThe amount of time it takes for electronic transfer of funds.
GlobalizationThe process of becoming global or world wide.
Indirect Distribution ChannelsChannels of distribution that require an intermediary such as a retail distributor to add value between the manufacturer and the consumer.


Business Education Facilitator
Performance Learning Center of Cabarrus County, NC
Concord, NC

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