Submit your responses to the following prompts. Explain e-business, e-commerce,

Submit your responses to the 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.
The Basics of E-Commerce
Whether you were familiar with the term or not, it is likely that you have participated in e-commerce. This is true if you have ever bought an item online, sent an electronic invoice at your job, or renewed you driver’s license online. E-commerce is used to make transactions between various entities—including people, companies, and governments. Through these resources, you will explore the basics of e-commerce and the different types of e-commerce models that organizations can implement.
Bhalla, P. (2017, December 5). Types of eCommerce business models, pros, and consLinks to an external site. [Blog post]. Retrieved from https://www.kartrocket.com/blog/ecommerce-business-models-types-pros-cons/
Time Estimate: 4 minutes
Chen, M. (2013, November 4). E-commerce: Business modelsLinks to an external site. [Video file]. Retrieved from https://www.youtube.com/watch?v=DW6Bg_BjeWQ
Note: The approximate length of this media piece is 13 minutes.
Ecommerce Guide. (2018). What is ecommerce?Links to an external site. Retrieved from https://ecommerceguide.com/guides/what-is-ecommerce/
Time Estimate: 23 minutes
Fernandes, J. (2014, October 5). Types of e-commerceLinks to an external site. [Blog post]. Retrieved from https://bloomidea.com/en/blog/types-e-commerce
Time Estimate: 5 minutes
Hasan, M. (2013, November 12). Major types of e-commerceLinks to an external site. [Video file]. Retrieved from https://www.youtube.com/watch?v=FAyit_s9eY0
Note: The approximate length of this media piece is 7 minutes.
Rouse, M. (2018). E-commerce (electronic commerce or EC)Links to an external site.. Retrieved from https://searchcio.techtarget.com/definition/e-commerce