| advanced planning and scheduling (APS) system
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a computerized system that helps businesses evaluate varying input levels to plan for optimum production efficiency
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| application service provider (ASP)
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a business that rents application software via the Internet (or via telecommunications networks) in exchange for usage or monthly fees
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| auction pricing
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pricing method in which buyers bid against each other and the highest bidder buys the product
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| B2B
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business-to-business transactions
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| B2B (business-to-business) online markets
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Web sites that facilitate the exchange of goods and services among organizational buyers and sellers
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| B2C
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business-to-consumer transactions
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| B2G
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business-to-government transactions
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| C2B
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consumer-to-business transactions
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| C2C
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consumer-to-consumer transactions
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| C2G
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consumer-to-government transactions
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| cashless society
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world in which plastic or other cashless payment alternatives replace currency
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| cookies
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stored information placed on consumers' hard drives to track their Internet usage
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| corporate portal
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a comprehensive internal Web site with company information that employees can personalize and access as needed
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| cybersmear
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electronic message that libels a person or company
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| cybersquatting
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the practice of claiming a domain name with the intention of reselling it at a profit
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| dynamic pricing
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method of pricing in which prices change from transaction to transaction
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| e-business
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the combination of business processes, technology, and organizational structure needed for e-commerce
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| e-commerce
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exchange transactions (such as buying and selling goods, services, and information) that take place on the Internet
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| e-procurement
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purchasing via the Internet
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| e-tailers
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Internet retailers
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| electronic barter (e-barter)
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an electronic system of barter
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| electronic cash (e-cash)
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an electronic cash substitute
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| enterprise resource planning (ERP) systems
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sophisticated computer systems that allow comprehensive planning and control of operations throughout the supply chain
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| extranet
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a private computer network available to authorized users outside the organization
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| for-profit incubator
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a business that provides entrepreneurs with office space, business services, and management resources, as well as funding, in exchange for an equity stake
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| G2B
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government-to-business transactions
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| G2C
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government-to-consumer transactions
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| G2G
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government-to-government transactions
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| group buying
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pricing method in which the price goes down as more buyers band together to buy an item
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| initial public offering (IPO)
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the process a company follows to sell stock to the public for the first time
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| Internet telephony
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the transmission of telephone voice conversations via the Internet
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| intranet
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an organization's internal computer network based on Internet technology
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| legacy business
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a traditional, non-Internet business unit
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| marketspace
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an electronic marketplace
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| monopsony
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a market consisting of one buyer and many sellers
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| name-your-price strategy
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pricing strategy in which buyers state how much they will pay and suppliers decide whether to sell at that price
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| new economy
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the economy consisting of businesses that generate all or some of their revenues from the Internet or related goods and services
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| nexus
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a physical presence, such as a store, used in determining the tax status of a sales transaction
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| offering price
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the price paid by investors who receive an allocation of IPO shares just before the stock starts to trade
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| online catalogue
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a Web-based presentation of product information similar to a printed catalogue
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| open text search
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a search technique in which someone enters a word or group of words for the search engine to use in scanning the Internet
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| opt in
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asking to join an e-mail subscriber list
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| opt out
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asking to be removed from an e-mail subscriber list
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| profiling
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tracking consumers' online activities and using the data to create a profile of each person's interests
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| spam
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unsolicited e-mail messages, also called junk e-mail
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| spammer
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someone who sends junk e-mail without the audience's consent
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| subject tree
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an online catalog of a great number of pages on the Web, organized by categories and sub-categories
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| venture capitalists (VCs)
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investment specialists who provide funding for businesses (ventures) with high, rapid growth potential
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| viral marketing
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the use of e-mail messages that encourage recipients to send the message to others
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| virtual organization
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an organizational structure in which people (employees and, sometimes, non-employees) in different locations use communication technology to work together
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| virtual teams
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teams that use technology to link members in different places
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| virtual team leader
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leader who coordinates the activities of virtual team members
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