Englisch II

Encryption enhances the level of data security by transforming data into a code to protect its confidentiality.

The term “open-source“ is often used in conjunction with the word “platform”, meaning that it is designed and improved by users and owned by no one.

E-commerce refers to the part of e-business related to buying and selling. Retailers set up an electronic storefront, shoppers place items they want to buy in an electronic cart and go afterwards to the checkout where their payment is processed.

E-procurement is the business-to-business or business-to-consumer or business-to-government purchase and sale of supplies, work, and services through the internet as well as other information and networking systems

M-commerce entails shopping and payments from phone, person-to-person payments, advertising based on your location.

Cloud computing is the practice of using a network of remote servers hosted on the Internet to store, manage, and process data, rather than a local server or a personal computer.

Customer relations management [CRM] includes for the sales staff contact management, quote management customer preferences and buying habits. To the customer services staff belong order fulfilment, complaints and returns.

Enterprise resource planning [ERP] manages all stages in the company’s internal supply chain. Using sales data, the software can forecast demand, order materials, schedule production etc.

Management information system [MIS] is a decision-making tool that allows managers to extract useful knowledge (specific details, key indicato4rs, trends) and present it as graphs, reports, alerts, forecasts, etc.