1) Internet risks – give examples of four things that can go wrong with a transactional site?
Halmful programs such as virus, torjans, and spyware that can be transferred to your PC through things like emails, a certain site, and by simply being connected to the internet. These programs can have a wide vartity of effects including wiping your whole computer to just making a few programs unaccesecable.
Source from: www.iskiv.net/sec/en/risks.html
Privacy and security issues. With the advancement of tecnology, there is also a great risk of hackers being able to take your confidential information such as your credit card numbers, passwords, addresses, and working documents to use without your consent or even knowledge.
Source from: www.iskiv.net/sec/en/risks.html
There is also the risk of the online business being just a scam. You hand over your details and money but they don’t send whatever you ordered, and use your details themselves.
Identity fraud. This is also a risk when doing online transations, and is part of privacy and security issues but more than that. This can happen that a person can use your details for their own identity.
Source from: http://www.defendyourcomputer.com/9476.php
2) Write down a definition for each:
a) E-commerce: ‘eCommerce (electronic commerce) is the buying and selling of goods and services on the Internet, especially the World Wide Web. In practice, this term and a newer term, eBusiness, are often used interchangeably.’ Cited from: http://www.mariosalexandrou.com/definition/ebusiness.asp
My Definition: E-Commerce is the exchange of goods and services over the internet.
b) E-business: ‘eBusiness (electronic business) is, in its simplest form, the conduct of business on the Internet.’ Cited from: http://www.mariosalexandrou.com/definition/ebusiness.asp
My Definition: E-business is the use of any technology for business purposes. This includes fax, telephone, computer, and much more.
3) What is the difference between buy side and sell side eCommerce?
The buying side of e-commerce is the company or organisation buy from their suppier, whereas the selling side is the company or organisation selling to its customers and consumers.
4) Describe the different types of eBusiness.
There are 5 different types of e-business. They are:
Business to consumer, (B2C). This is transactional, and relationship-building. So things like actually buying of the internet, and PR (public relations)
Business to Business, (B2B). This is transactional such as between businesses themselves.
Business to government, (B2G). This is feedback to government businesses. Also would include transations between business and the government.
Consumer to Business, (C2B). This is the priceline and consumer feedback.
Government to Business, (G2B). This is things such as Tax and Legal regulations.
Source from: Topic 1: Introduction to eBusiness, lecture slides, Ian Knox, Pg 13.
5) Which digital technology has the highest penetration rate? Explain and source your answer.
The Moblie phone seems to have the highest penetration rate. From a servey from uk with moblie, internet and digital tv use, it is shown that 85% of people have moblies while only 64% have tv’s and 61% have internet.
Source from: Topic 1: Introduction to eBusiness, lecture slides, Ian Knox, pg 14
6) List::Four drivers to adoption of sell-side e-commerce by business.
Some drivers to adoped a sell-side e-commerce by a business could be:
An increase in revenue from more sales.
A reduction of markting costs.
A reduction of supply-chain costs.
A reduction of adminstrative costs.
Sourced from: Topic 1: Introduction to eBusiness, lecture slides, Ian Knox, pg 17.
7) Four barriers to adoption of sell-side e-commerce by business.
Some barriers to adoped a sell-side e-commerce by a business could be:
Set-up costs being to high.
A lack of time and or resources.
A lack of knowledge.
Or a lack of board interest
Sourced from: Topic 1: Introduction to eBusiness, lecture slides, Ian Knox, pg 20.
8) How might a restaurant in Sturt Street Ballarat benefit from an online presence?
Some benefits a restaurant in sturt street ballarat could be; Acknowledgement, its hard to find a restaurant when you need one, so to have an online presence would make it easier to be found and could get more customer by just the look of a website. Also a competive edge simply because the restaurant could be found when others can’t.
Source from: Topic 1: Introduction to eBusiness, lecture slides, Ian Knox, pg 21.
9) What are some examples of Digital information??
Cellphones
Compact Discs
Digital TV
E-Books
Internet
Video Games
Cited from: http://en.wikipedia.org/wiki/Digital_media#Examples_of_digital_media
10) What is the semantic web? Are we there yet?
‘The Semantic Web is an evolving extension of the World Wide Web in which the semantics of information and services on the web is defined, making it possible for the web to understand and satisfy the requests of people and machines to use the web content. It derives from World Wide Web Consortium director Sir Tim Berners-Lee's vision of the Web as a universal medium for data, information, and knowledge exchange.’
Cited from: http://en.wikipedia.org/wiki/Semantic_Web
To me, the semantic web is an evoltion from the interent where the web acutally displayes the human trait of understanding and thinking on a certain level. Personal I don’t think we are there quiet yet, because no matter what you do, a computer can still only do what it is programed to do by people.
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