Which of the following E-commerce model covers all the transactions between companies and government organization?
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A. B. C. D.D.
Business-to-Government(B-to-G) relationships covers all the transactions between companies and government organizations.
Currently this category is infancy, but it could expand quit rapidly as government use their own operations to promote awareness and growth of e-commerce.
In addition to public procurement, administrations may also offer the option of electronic interchange for such transactions as VAT returns and the payment of corporate taxes.
For CISA exam you should know below E-commerce models: Business-to-Consumer (B-to-C) relationships " The greatest potential power of E-commerce comes from its ability to redefine relationship with customers in creating a new convenient, low-cost channel to transact business.
Companies can tailor their marketing strategies to an individual customer's needs and wants.
As more of its business shifts on-line, a company will have an enhanced ability to track how its customer interact with it.
Business-to-Business (B-to-B) relationships " The relationship among the selling services of two or more business opens up the possibility of re-engineering business process across the boundaries that have traditionally separated external entities from each other.
Because of the ease of access and the ubiquity of the Internet, for example companies can build business process that combine previously separated activities.
The result is faster, higher quality and lower-cost set of transactions.
The market has ever created to subdivision of B-to-B called business-to-small business(B-to-SB) relationships Business-to-employee(B-to-E) relationships " Web technologies also assist in the dissemination of information to and among an organization employees.
Business-to-Government(B-to-G) relationships " covers all the transactions between companies and government organizations.
Currently this category is infancy, but it could expand quit rapidly as government use their own operations to promote awareness and growth of e-commerce.
In addition to public procurement, administrations may also offer the option of electronic interchange for such transactions as VAT returns and the payment of corporate taxes.
The following were incorrect answers: The other options presented does not covers all transactions between companies and government organizations.
The correct answer is D. B-to-G relationships.
Explanation: E-commerce refers to the buying and selling of goods and services over the internet or other computer networks. Different e-commerce models include Business-to-Consumer (B-to-C), Business-to-Business (B-to-B), Business-to-Employee (B-to-E), and Business-to-Government (B-to-G).
B-to-C relationships involve transactions between a business and individual consumers, such as online shopping on retail websites. B-to-B relationships involve transactions between businesses, such as online procurement of supplies or materials.
B-to-E relationships involve transactions between a business and its employees, such as the purchase of employee benefits or training programs.
B-to-G relationships involve transactions between a business and government organizations, such as online procurement of government contracts or payment of taxes.
Therefore, the e-commerce model that covers all the transactions between companies and government organizations is B-to-G relationships.