Information Technology - Contrasting Terms
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Define and contrast the following pairs of terms: dot-com and bricks-and-clicks; intranet and extranet; B2C and B2B. 100 words or more.
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Solution Summary
Bricks and clicks refers to companies having both physical as well as virtual presence while dot-com refers to companies having virtual (online) presence only. Intranet is a TCP network within an organization while extranet encompasses network connections between different organizations. B2B and B2C refers to business to business and business to consumer respectively.
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Task: Define and contrast the following pairs of terms: dot-com and bricks-and-clicks; intranet and extranet; B2C and B2B.
Answer:
Dot-com: Dot-com strategy includes such companies whose operations are entirely or primarily based on internet. In other words, in this strategy, a company's business model exists only because of the existence of the internet. Dotcoms often deliver all their services over an internet interface, but products might be delivered through traditional channels as well.
Bricks-and-clicks: Bricks-and-clicks refers to a business that has a physical retail location as well as an online presence that generates significant sales. A bricks-and-clicks business combines many of the advantages of having a store that customers can visit with selling products and services over the web and it also shares many of the drawbacks ...
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