English Vocabulary for E Business

by moh22 Sun May 30, 2010 5:09 am

English Vocabulary for E Business

English Vocabulary for E Business

Affiliate: Companies that sell other
manufacturers' or retailers' (sponsoring merchants) products on their
Web sites. Users select a product at the affiliate Web site, but the
sale is actually transacted at the sponsoring merchant's Web site.
Affiliates are similar in concept to industry-based manufacturer
representatives that sell multiple manufacturers' product lines.

Agent: Software that acts as an intermediary for a person by
performing some activity. Agents can "learn" an individual's
preferences and act in the person's best interest and may even
negotiate and complete transactions. A purchasing manager's agent may
learn corporate specifications, determine when inventory is low and
search the Internet for the lowest-cost supplier.

Aggregator: Enables buyers within a market to select among
various competitors by
aggregating information about the market and its suppliers and
providing this information via a Web site. Aggregators may provide
decision-support applications that integrate supplier information with
third-party information and with user requirements or preferences to
allow users to differentiate services and features of the various
competitors. Content aggregators
aggregate information and match it to user preferences. These preferences may be declared
actively (user explicitly specifies) or passively (software discerns preferences from user
behavior or interest) and are used to filter aggregated content and deliver only what matches
user preferences.

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Business English Vocabulary Exercises

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