Define each of the following terms:
a) Web-based training
b) name-your-price model
c) shopping cart
d) reverse auction
e) redundancy
f) high-availability computing
g) merchant server
a) Web-based training is a form of electronic education where students learn directly over the Web using their computer
to answer questions, interact with the instructor and communicate with other students.
b) The name-your-price model gives the consumer the ability to name their price for a given product or service.
c) A shopping cart allows Web shoppers to hold multiple items while shopping before checking out of the store.
d) A reverse auction allows the buyer to set a price while the merchants attempt to outbid each other to gain the con-
sumers business.
e) Redundancy describes a computer infrastructure that has multiple backups to prevent the loss or damage of sensitive
data.
f) High availability computing is a network infrastructure designed to reduce downtime and the losses caused by down-
time.
g) The merchant server is the second half of a client/server system. It stores the data necessary to maintain a Web site
and the information generated by a Web site. All e-commerce payments are processed by data processing applications
stored on the merchant server.
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