Chapter 2 Vocab

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Across
  1. 3. a system of policies, operations, resources and technologies used to generate revenue
  2. 8. a customer's preference for a particular product
  3. 9. The customer initiates the transaction, posting an intent or desire to buy or sell
  4. 12. Allows consumers to easily access relevant information from government agencies.
  5. 13. Allows consumers to interact with one another online to transact goods and services
Down
  1. 1. Business transacts information, goods, or services with another business
  2. 2. Connects the private sector to the government marketplace and bidding on government contracts for goods and services
  3. 4. any business or organization that uses the internet to sell its products or services to consumers
  4. 5. the sequence of design, production, and marketing efforts a business conducts to deliver its products at the right time and price.
  5. 6. when pricing changes create a change in the amount of goods or services consumers are willing to buy at a certain price.
  6. 7. the production of goods that offer specialized choices to mainstream buyers
  7. 10. the electronic exchange of ownership of goods and services
  8. 11. PROCESS a government agency, not-for-profit organization, corporation,etc. conducts over the internet.