1.) Internet risks - give examples of 4 things that can go wrong with a transactional site?
The fraud, theft of intellectual property, IT sabotage case data and security.
2) Write down a definition for each:
a) E-commerce and b) E-business
E-Business: E-business model is the process of modeling social systems or an ontology, it helps identifying and understanding the relevant elements in a specific domain and the relationships between them (Ushold et al., 1995;Morecroft,1994).
E-Commerce: For perfect competition to exist, not only are many buyers and sellers needed for each particular good, but perfect information about products, demand prices and delivery schedules is also required, so e-commerce shift to the Internet and secure business intranets, better information will more markets closer to the textbook model of perfect competition.
3) What is the different between buy side and sell side eCommerce?
Buy side is supplier, which provide an information about products, demand, prices and delivery schedules shift to the e-Commerce. Sell side is buyer.
4) Describe the different types of eBusiness.
There are four types of eBusiness:
a) B2B commerce-it is that business activity in which two firm or business units make electronic transaction in which one can be a producer firm and other are raw material supplier firm.
b) B2C commerce-in B2C commerce, one party is he firm and other party is a customer, on the other hand, customer can seek information can place an order, get some itmes on the Internet and can also make the payment. On the other hand, a firm can make a survey to know, who buying what and can also know satisfaction level of customer. A firm can also make delivery of goods likes air and train tickets,etc.
c) Intra B commerce-under this, the parties involved are 2 persons or departments of some business unit. Use of computer network make it possible for th emarketing department to interact constantly with the production. A firms transactions or interactions with it employees are some time refer to as B to E commerce. Employees can use electronic catalogue and ordering form.
d) C to C commerce-under C to C commerce, both the parties involved are customers. It is required for buying and selling of those goods for which there is no established markets are available.
5. Which digital technology has the highest penetration rate? Explain and source your answer.
Computer technology is the highest penetration rate. It is because computers work in a concept called binary. This means they store information as wither a 1 (ON) or a 0 (OFF). No matter what you type in your PC, it will stored as a O or a 1. Even this paragraph will be stored in binary, like 11001110, etc. Your hard disk, USB stick and all other electronic devices use binary to store information. So, all digital devices work like this, and so computers are counted as digital devices.
6. List 4 drivers to adoption of sell-side e-commerce by business.
Lower cost; Ultimate flexibility;
7. 4 barriers to adoption of sell-side e-commerce by business.
Lower cost; Ultimate flexibility; Easy to pay money.
8. How might a restaurant in Sturt Street Ballarat benefit from an online presence?
There are several benefits from an online presence:-
i) Get lower cost; ii) More customer form anywhere, iii) Collect the information of the customer feedback. and iv) improve their service.
9. What are some example of Digital information?
A digital information is a data technology that use discrete values. By contrast, non-digital systems use a continous range of values to represent information. Although digital representations are discrete, the information represented can be either discrete, such as numbers, letters or computer icons, or continuous, such as sounds, images, and other measurements of continuous systems.
10. What is the sematic web? Are we there yet?
The semantic web is a vision of information that can be readily interpreted by machines, so machines can perform more of the tedious work involved in finding, combining and acting upon information on the web. Yes, we are in the sematic web.
http://digitalenterprise.org/podcasts/design.mp3
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