Reference no: EM132677116

E-Business and E-Commerce Models and Components

There are a variety of e-commerce models, including business-to-business, business-to-consumer, consumer-to-business, and consumer-to-consumer. These models have commonalities and distinct characteristics, and it is important to understand their similarities and differences in order to know which model to apply to specific scenarios.

In this, you will respond to a set of questions on the features of e-commerce and the characteristics of e-commerce models. You will also apply your knowledge of these concepts to real-world scenarios.

To prepare for this:

following prompts.

• Explain e-business, e-commerce, and their main features.
• Compare three major e-commerce business models.
• For each of the e-commerce business models, you selected in the previous question, provide an example of a scenario in which the selected business model would be most appropriate, and explain why. Additionally, provide an example scenario for each business model that would not be appropriate and explain why.
• For each model, you identified in the second question, identify the information technology components required to enable their organizational function.

Note: For each prompt, be sure to reference at least one scholarly source to support your answer.

PLEASE, Elaborate more on each paragraph.