Grade 8

    1 Fill in the blanks. a.                              is a category of e-commerce, where customers sell products or services to other customers. Ans: C2C (Customer to Customer) b. Online stores rely on a service provider called                               that processes credit card payment for e-business and online retailers. Ans: Payment Gateway Provider c. The                      are a series of digital audio files that are broadcast on the internet and are available for downloading to a computer or mobile devices. Ans: Podcasts d. The                                uses your existing natural environment and simply overlays virtual information on top of it. Ans: augmented reality

      E-commerce E-commerce or electronic commerce can be described as the process of buying and selling of goods and services on the internet and the transfer of money for these transactions. ·          Buyer or Consumer ·          Seller or Merchant ·          Producers or Manufacturing Categories of e-commerce: Business to Business (B2B): Here both the buyer and seller are two organisations. For example, IndiaMart. Business to Customer (B2C): In this category, the products or services are sold by an organisation to a customer. Example, Amazon and Flipkart. Customer to Customer (C2C): In this model, customers sell the products or services to other customers. Example, OLX and Quikr. Customer to Business (C2B): In this category, customers post a project online and companies bid for this project. The customer reviews the bids and selects the company. www.freelancer.com and www.elance.com are two examples of C2B.   Online Modes of Payment : Online stores rely on