Topic 1 Questions

1) Internet risks – give examples of four things that can go wrong with a transactional site? 


- Unauthorized people may gain access to your bank account details.

- Put in incorrect details e.g. Bankcard number.

- Transaction might to be processed properly.

- Purchase may never turn up e.g. on eBay

 

2) Write down a definition for each:

a) E-commerce: Consists of the buying and selling of products and services over electronic systems such as the Internet and other computer networks. (wikepedia)

Or

Buying and selling using the Internet.

b) E-business: the utilization of information and communication technologies in support of all the activities of business. (wikipedia)

Or

The transformation of key business processes through the use of Internet technologies.

 

3) What is the difference between buy side and sell side eCommerce?

Buy side e-commerce refers to transactions to procure resources needed by an organization from its suppliers. Sell side e-commerce refers to transactions involved with selling products to an organizations customers.

So e-commerce transaction between organizations can be considered from two perspectives: sell side from the perspective of the selling organization and buy side from the perspective of the buying organization. (Dave Chaffey.com)

4) Describe the different types of eBusiness

Business-to-business (B2B) is commerce transaction between businesses.

Business-to-consumer (B2C) involves a business entity and end consumer.

Business-to-government (B2G) involves a business entity and government.

 

 

5) Which digital technology has the highest penetration rate? Explain and source your answer.

Mobile phone

 

6) List::Four drivers to adoption of sell-side e-commerce by business.

- Improve communication with customers

- Keep up with competitors

- Increase speed of access to information

- Improve communication with suppliers

 

 7) Four barriers to adoption of sell-side e-commerce by business.

- Set up cost

- Security/protection concerns

- Lack of knowledge

- Lack of time/resources

 

 8) How might a restaurant in Sturt Street Ballarat benefit from an online presence?

A lot of people search for places online and read reviews to figure out where to go to eat. With online presence, information on the restaurant is accessible globally to customers 24 hours a day. Many people who are looking for a place to eat would use the Internet as a first place of call because of its convenience and to save time. The restaurant could display their menu and contact details online and even have online bookings to save time.

 

 9) What are some examples of Digital information??

- Internet

-Television

-Cell phones

 

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.