...1. Define e-commerce- In its broadcast sense is the conduct of selling, buying, logistics, or other organization- management activities via the Wed. 2. List three businesses (examples via the Web) which are suitable for e-Commerce- Online delivery of software, travel services, and online shipment tracking. 3. Name one type of business suitable for a combination of electronic and traditional commerce strategies.- Online Banking 4. Name two types of businesses less suited to e-Commerce. - Sale/Purchase of high fashion clothing and sale/purchase of perishable items. 5. Why would perishables not be a good contender for online selling?- Perishable items are difficult to ship or deliver. 6. Name three advantages of e-Commerce.- Increased profits, Connivence, and a wide variety of products avaliable. 7. List three disadvantages of e-Commerce.- Not suitable to all businesses, Cultural limitations, and rapidly changing technology. 8. Define profit.- Revenue minus all expenses. The money a business has actually made from its operations. 9. Define globalization.- To go worldwide in scope and application; a consumer can access the Internet from anywhere at anytime. 10. How does culture play a part in e-Commerce? Cultures now become borderless and e-commerce sites need to think of ways to reach specific language groups and adjust their sites and web pages and support staff to accommodate them. 11. According to the Global Framework for Electronic Commerce that President...
Words: 266 - Pages: 2
...w 1) Which of the following statements best describes "e-commerce"? a. E-commerce is the fastest growing sector of the economy. b. E-commerce includes the delivery of products by computer. c. E-commerce is the use of computer networks to facilitate transactions. d. Until 1995, e-commerce was almost non-existent. e. all of the above Answer: e Diff: 1 Type: MC Topic: E-commerce Skill: Recall/Applied 2) Use this fact situation to answer the related questions that follow. A and B have decided to go into the business of selling goods, but wish to use the Internet to reach potential customers all over Canada who can both buy from them and pay using the Internet. As prudent businesspersons, A and B will a. register a domain name. b. negotiate an Internet access agreement. c. negotiate a website development agreement. d. negotiate a website-hosting agreement. e. all of the above Answer: e Diff: 2 Type: MC Topic: E-commerce Skill: Applied 3) Use the fact situation in Q2 to answer the related question that follows. The type of business that A and B are setting up is called a. wholesale sales. b. electronic retailing. c. retail sales. d. e-commerce. e. digital retailing. Answer: b Diff: 1 Type: MC Topic: E-commerce Skill: Recall/Applied 4) Use the fact situation in Q2 to answer the related question that follows. The type of payment that the business will most likely use is ...
Words: 4485 - Pages: 18
...E-commerce Name: Institution: E-commerce Question 1 E-commerce applications started early in the 70’s with technologies such as the electronic money transfer. However, better technologies have been developed such as consumer-to-business, business-to-business, collaborative commerce, business-to-consumer and consumer-to-consumer to improve e-commerce (Magal, 2012). In Business-to-Business commerce, both the buyers and sellers are considered as business organizations. Collaborative commerce or C-commerce is whereby business partners collaborate electronically. In Business-to-Consumer, the sellers, on the other hand, are the organization, but buyers are treated as individuals. In Consumer-to-Business commerce, consumers publicize products or services and suppliers provide the services to them (Magal, 2012). Finally, Consumer-to-Consumer commerce allows an individual to sell services or goods to other individuals over the internet. Question 2 Levels of the internet economy comprise of internet infrastructure layer, application infrastructure layer, intermediary marker layer, as well as internet commerce layer, (Kamis, 2011). The internet infrastructure layer comprises of companies that offer services of creating an IP based network and a prerequisite for E-commerce. The internet application layer builds upon the internet infrastructure layer and makes technology viable to carry out business proceedings online. Internet intermediary layer increases the efficiency of E-markets...
Words: 404 - Pages: 2
...Define e-commerce and describe how it differs from e-business. Identify and describe the unique features of e-commerce technology and discuss their business significance. Recognize and describe Web 2.0 applications. Describe the major types of e-commerce. Discuss the origins and growth of e-commerce. Explain the evolution of e-commerce from its early years to today. Identify the factors that will define the future of e-commerce. Describe the major themes underlying the study of e-commerce. Identify the major academic disciplines contributing to e-commerce. Key Terms e-commerce, p. 12 e-business, p. 13 information asymmetry, p. 14 marketplace, p. 16 ubiquity, p. 16 marketspace, p. 16 reach, p. 16 universal standards, p.16 richness, p. 17 interactivity, p. 17 information density, p. 17 personalization, p. 18 customization, p. 18 Web 2.0, p. 19 business-to-consumer (B2C) e-commerce, p. 22 business-to-business (B2B) e-commerce, p. 22 consumer-to-consumer (C2C) e-commerce, p. 22 social e-commerce, p. 22 mobile e-commerce (m-commerce), p. 23 local e-commerce, p. 23 Internet, p. 23 World Wide Web (the Web), p. 24 disintermediation, p. 32 friction-free commerce, p. 33 first mover, p. 33 network effect, p. 33 Copyright © 2013 Pearson Education, Inc. 2 Brief Chapter Outline Opening Case: Pinterest: A Picture Is Worth a Thousand Words 1.1 E-commerce: The Revolution Is Just Beginning The First Thirty Seconds What Is E-commerce? The Difference between E-commerce and...
Words: 6285 - Pages: 26
...Assignment 1 Assignment 1 is worth 10% of your final grade, and should be completed after Lesson 3. This assignment has two parts: * Part A: six short-answer questions worth a total of 30 marks * Part B: three case analyses worth a total of 70 marks Part A: Short-answer Questions (30 marks total) Answer each question in one to two paragraphs. (5 marks each) 1. What are the main specific functionalities and features included in an e-commerce server (e-commerce suite)? Some of the main functionalities and features included in e-commerce servers/suites involve the ability of them to support different business models, while still maintaining complete functionality, and utilizing various tools to assist in business processing models. They also should be pre-programmed with local tax and shipping rules, and enable the user to connect with ease to existing business systems. Specific examples include online catalogs, order taking capabilities using an online shopping cart, and online credit card processing. 2. Explain how and why designing mobile web pages differs from designing traditional web pages. Mobile web page designing differs from that of traditional web page design due to the fact that mobile sites have larger restraints on data storage and processing power, as well as slower connection speeds. This also means that mobile sites require simplification, and can’t be as complex as traditional web pages. One must also take touch screen interaction...
Words: 641 - Pages: 3
...communicate effectively in a workplace that is increasingly dependent upon technology as a means to communicate globally. The course provides students with an understanding of technology-mediated communication and the ability to maximize the use of new media to optimize organizational communications. Intranets, Internet, e-commerce, and the impacts upon customer satisfaction of new communications technologies are explored. Policies Faculty and students/learners will be held responsible for understanding and adhering to all policies contained within the following two documents: • University policies: You must be logged into the student website to view this document. • Instructor policies: This document is posted in the Course Materials forum. University policies are subject to change. Be sure to read the policies at the beginning of each class. Policies may be slightly different depending on the modality in which you attend class. If you have recently changed modalities, read the policies governing your current class modality. Course Materials Turban, E., King, D., McKay, J., Marshall, P., Lee, J., & Viehland, D. (2008). Electronic commerce 2008: A managerial perspective (4th ed.). Upper Saddle River, NJ: Pearson Prentice Hall. Roebuck, D. B. (2006). Improving business communication skills (4th ed.). Upper Saddle River, NJ: Pearson Prentice Hall. All electronic materials are available on the student website. |Week One: Overview ...
Words: 2500 - Pages: 10
... | |INYM 225 MEC | |*INYM225MEC* | |FACULTY OF COMMERCE AND ADMINISTRATION | |MAFIKENG CAMPUS | Study guide compiled by: Ms S.T. Nthutang Instructional Design by Mrs Annelize Cronje,Senior Academic Development Advisor, ADC Page layout by Roxanne Bremner, Academic Development Centre Printing arrangements and distribution by Department Logistics (Distribution Centre). Printed by Nashua Digidoc Centre (018) 299 2827 Copyright ( 2014 edition. Date of revision 2016. North-West University, Mafikeng Campus. No part of this book may be reproduced in any form or by any means without written permission from the publisher TABLE OF CONTENTS Module information vii Study guide title: Electronic Business vii Module qualification: Bachelor of Commerce in Information Systems vii Module structure: vii Contact person vii Exit level outcomes vii Critical cross field outcomes: viii Introduction viii Purpose viii Learning in place viii Module content ix Learning activities ix ...
Words: 8803 - Pages: 36
...com/Devry-SBE-430-Final-Exam-2015-October-33239912350.htm?categoryId=-1 IF You Face Any Problem Then E Mail Us At JOHNMATE1122@GMAIL.COM Question Sbe430 final Page 1 Question 1. 1. (TCO 1) List two of the five e-commerce trends in 2011 and 2012. (Points : 10) Question 2. 2. (TCO 2) The text describes three successful e-commerce value propositions; list any one of the three. (Points : 10) Question 3. 3. (TCO 6) List and describe two of the four main technologies that support online marketing. (Points : 10) Question 4. 4. (TCO 3) The text lists many different forms of advertising. Please list five forms. (Points : 10) Question 5. 5. (TCOs 1, 2) Explain Tim Berners-Lee’s contributions to e-commerce. Analyze how those contributions have played a part in the growth of this field. (Points : 30) Question 6. 6. (TCO 4) You have been chosen to create an e-commerce program to the board of directors. Present your argument on why senior management should buy into your e-commerce program. (Points : 30) Question 7. 7. (TCO 5) Analyze how e-marketing has changed the World Wide Web. (Points : 30) Question 8. 8. (TCOs 6, 8) Assemble a list of specific guidelines that ensures that you make a great first impression on your welcome page. (Points : 30) Question 9. 9. (TCOs 2, 3, 4, 5, and 6) Create an example of a marketing plan and incorporate how you would use an e-CRM program in your plan. (Points :...
Words: 279 - Pages: 2
...Exam Solutions BUSN 320 Pre Essay Grade Midterm Exam Question 1 A large global manufacturing concern such as general motors would likely use which of the following online techniques to solicit bids from suppliers? Question 2 .org is an example of what? Question 3 In e-commerce, the terms “customization” and “configuration” are best described by which of the following statements? Question 4 In a few short paragraphs, please discuss the most significant barriers or potential risks you see to the continued growth of e-commerce(please be as specific as possible). Question 5 TCP/IP is best described by which of the following statements? Question 6 A website like PetSmart might best be described by which of these descriptors ? Question 7 One of the most important reasons e- commerce firms focus on partnerships is best described by which of the following statements? Question 8 Please list the top ten ideas or concepts you learned in the first half of this course (use bullets, or as I prefer to say “headlines”, to keep this short, but please be specific) Question 9 According to our text, the four primary categories of e-commerce include all the following EXCEPT: Question 10 The seven step market opportunity analysis framework discussed in the text, which begins with a ten defying unmet and or underserved customer needs, is best described by which of the following statements? Question 11 the advertising revenue model used by Google uses which...
Words: 421 - Pages: 2
...analytical An analytical framework for evaluating e-commerce business models and strategies Chung-Shing Lee The author Chung-Shing Lee is Director of Electronic Commerce Resource Center and an Assistant Professor of Information Systems and Technology Management in the School of Business at Pacific Lutheran University, Tacoma, Washington, USA. Keywords Internet, Economy, Innovation, Strategy Abstract Electronic commerce or business is more than just another way to sustain or enhance existing business practices. Rather, e-commerce is a paradigm shift. It is a ``disruptive’’ innovation that is radically changing the traditional way of doing business. The industry is moving so fast because it operates under totally different principles and work rules in the digital economy. A general rule in e-commerce is that there is no simple prescription and almost no such thing as an established business or revenue model for companies even within the same industry. Under such conditions, an analytical framework is needed to assist e-commerce planners and strategic managers in assessing the critical success factors when formulating e-commerce business models and strategies. This research develops an analytical framework based on the theories of transaction costs and switching costs. Both demand-side and supply-side economies of scale and scope are also applied to the development of this framework. In addition, e-commerce revenue models and strategies are also discussed. Based on the analytical...
Words: 6444 - Pages: 26
...Assignment: 1 Submitted to: Syed Mahmudur Rahman, BRAC Business School Submitted by: Md Toslim Hossain ID: 11304109 Course: E-Commerce Programming (MSC452) Date of Submission: 14/10/2014 Ans to the question 1 CMS became a buzz word in the web development industry because of its benefits. According to webopedia CMS is software or a group or suite of applications and tools that enable an organization to seamlessly create, edit, review and publish electronic text. From a non technical user’s point of view, A content management system, or CMS, is a web application designed to make it easy for non-technical users to add, edit and manage a website. A CMS keeps track of every piece of content like text, photos, music, video, documents on websites like a librarian who also keeps track of every book. As CMS manages all your content, users requires almost no technical skill or knowledge to manage. It is a major advantage of using a CMS. CMS consists of two elements, Content Management Application (CMA) and Content Delivery Application (CDA). CMSs have been available since the late 1990s. Word Press, Joomla, Blogger, magento are commonly used CMS in business world. Ans to the question 2 E-Commerce refers to the process of buying or selling products or service over an electronic network. Internet usage in Bangladesh is growing at a rapid pace. Recent report says that there are three cores people in Bangladesh have already access to internet communication...
Words: 1227 - Pages: 5
...DENHERE ASSIGNMENT 1 E-commerce is a commercial activity dealing directly with the trading of goods and services and with other related business activities, in which the electronic communication medium plays a central role. The activities include the communication of information, management of payments, the negotiation and trading of products online. E-commerce is a part of e-business and its goal is to generate profits with a various sets of business through buying and selling principles. There are quite a number of ecommerce strategies that can be used in the banking industry. My focus is going to be on the implementation of an ecommerce strategy by BancABC. My aim is to come up with a holistic e-commerce strategy for the organisation. An e-commerce strategy, in its most simplistic form, consists of three steps which are: determining where the organisation is which is the situation review where it wants to go which is goal setting or the banks ecommerce vision The best way of moving from the one to the other this is referred to as the strategy formulation. For an ecommerce strategy to be successful the first major aspect is to have senior management comprehensively understanding what it means to be an e-commerce enabled organisation. Introduction of e-commerce usually comes with major changes which must be carefully planned and coordinated to avoid chaos and confusion. . The main problem with many failed e-commerce initiatives is the seeming...
Words: 3315 - Pages: 14
...Cory Strange Chapter 9 Discussion Questions E-commerce: Digital Markets, Digital Goods 1. Discuss how the features of ubiquity, universal standards and information richness make e-commerce different from traditional retailing efforts. * With ubiquity e-commerce becomes available all the time compared to traditional retailing efforts that have limited hours and limited mobility. E-commerce is very simple to use and understand thanks to universal standards. Information richness is the how complex a Web site can be, and the content that is on the site. * 2. Describe how the Internet changes information asymmetry in favor of consumers versus sellers. * The internet allows consumers to compare prices from many different sellers to get the lowest price. Consumers can also access information on products and services much faster, and how much they cost. * 3. How can businesses use the “wisdom of crowds” to improve their products or services. They can use the knowledge of several people instead of just a couple. They can use the input to update their products and create new ones to sell. With improvement and additions a business should be able to profit. Also by listening to their customers they will develop a relationship with them which, in turn, will allow them to retain their customer’s business...
Words: 359 - Pages: 2
...The Advantage of Wireless Systems Learning Team C University of Phoenix BIS/220 Mark Kolesinsky August 1, 2013 The Advantages of Wireless Systems As Party Plates continues to expand, technology must remain a major focus of our growth. While transitioning from Excel to a relational database such as Access will allow our employees to perform their tasks more efficiently and enjoy a greater level of communication, there are other wireless technologies available which can increase both efficiency and communication even further. These wireless technologies and the increased efficiency and production will allow even greater levels of production from our employees and eventually higher profits, in addition to the cost savings which are provided by other features of these technologies. Wireless Local Area Networks The first wireless technology that Party Plates should make use of is a wireless Local Area Network (WLAN). A WLAN would allow Party Plates the benefits of our current Local Area Network (LAN), but also allow several other benefits that we don’t receive from a LAN. With a LAN, an employee must be present at a computer that is connected by cable to the network, along with each printer. With a WLAN, employees could bring their laptops to work and log into the WLAN. Or, since smart technologies are growing rapidly, employees can even access the WLAN on their phones or tablets. This will result in no longer requiring workstations for employees, and instead cause a more free...
Words: 795 - Pages: 4
...Part A: six short-answer questions worth a total of 30 marks • Part B: three case analyses worth a total of 70 marks Part A: Short-Answer Questions (30 marks total) Answer each question in one to two paragraphs. 1. What are the major differences between pure play e-commerce and bricks-and-clicks operations? What are the benefits and limitations of each? (5 marks) Pure play e-commerce is when companies only have web presence and no stores, it saves the companies from spending on expensive commercial property needed to built a store, the downside is that they might not already have the money to start the website. Bricks and clicks is when the company has physical presence in form of store or stores and also a website. 2. One of the key motivations for developing an e-commerce site is immediate access to a much larger market. Explain why an increased market reach may have benefits, and describe its limitations. (5 marks) A much larger market has numerous benefits because it can give a sudden boost to sales as a lot more people have access to the goods sold by the site. The limitations can be when the the company cannot keep up with the orders or when due to limited warehouses delivery takes a lot of time, leaving the customers unhappy. 3. What are the three most important mediation issues in e-commerce? Give an example of each. (5 marks) 4. What are the key factors that determine e-commerce success? What factors determine...
Words: 1912 - Pages: 8
