Week One - Introduction to eBusiness

Week One - Introduction to eBusiness

Topic 1 Questions.

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

·      Unreliable internet coverage as well as the risk of getting a harmful virus, worm or  
       Trojan.

·      Theft of confidential data including credit cards, addresses, work documents which 
       can also lead to identity theft.

·      Our mailboxes can be invaded by unsolicited emails known as spam.

·      Not using secure payment methods when buying products over the internet could 
       result in you buying a product you will never see. I actually know of someone who
       paid over $2500 for a camera they did not receive and still to this day they have not 
       found a resolution even though they could supply the police with the person’s name
       and address.

            Retrieved on the 3/3/12 from http://www.iskiv.net/sec/en/risks.

2) Write down a definition for each:

a) E-commerce:

·       Is the buying and selling of goods and services on the internet.

             Retrieved on the 3/3/12 from
             http://www.searchcio.techtarget.com/definition/e-commerce 

b) E-business:

·        Is the conduct of business on the intranet from buying and selling products to 
         servicing customers and collaborating with business partners.Retrieved on the
         3/3/12 from http://www.searchcio.techtarget.com/definition/e-business

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

·         Buy side of commerce is when a business buys from another business like a 
          manufacturer while the sell side e-commerce is when a business sells a product  
          through the internet.

               Retrieved on the 3/3/12 from  
                 http://leishysblogs.blogspot.com.au/2009/03/topic.one.questions.html  

4) Describe the different types of eBusiness

·      B2B: Business-to-Business: commerce transactions between businesses, such as  
         between a manufacturer and a wholesaler, or between a wholesaler and a retailer     
        http://en.wikipedia.org/wiki/B2B Cached - SimilarYou +1'd this publicly. Undo

·      B2C: Business-to-consumer:
       A transaction that occurs between a company and a consumer   
        http://www.investorwords.com/5430/business_to_consumer.html#ixzz1o8trHqUs

·         C2C: Consumer-to-consumer:
          is simply commerce between private individuals or consumers like ebay.   
           http://en.wikibooks.org/wiki/E-Commerce_and_E-Business/Concepts_and_Definitions

·         C2B: Consumer-to-business:
          transactions involve reverse auctions, which empower the consumer to   
          drive transactions. A concrete example of this when competing airlines gives a  
          traveler best travel and ticket offers in response to the traveler’s post that she  
          wants to fly from New York to San Francisco.             
          http://en.wikibooks.org/wiki/E-Commerceand_E20Business/Concepts_and
          Definitions

·         C2G: Consumer-to-government: consumer communications to government.

·         B2G: Business-to-government: business communications to government.

·         G2C: Government-to-consumers: government communications to consumers.

    Source: Topic 1 Introduction to eBusiness 2012 Power Point on Moodle.

·         G2B: Government-to-business: is the online non-commercial interaction     
          between local and central government and the commercial business sector,   
         rather  than private individuals (G2C), with the purpose of providing businesses  
         information and advice on e-business best practices.
         http://en.wikipedia.org/wiki/Government-to-busines
         G2G:Government to Government, describes internal or external Government to  
         Government  data communications. http://en.wikipedia.org/wiki/G2G Cached -
            

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

·         The mobile phone. By the end of 2007 almost every second person had one. The
          high level of competition and decreases in price has increased accessibility.

          Retrieved on the 3/3/12 from www.itu.int/ITU-D/ict/statistics/ict/index.htm

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

·         Reduced costs

·         Increase efficiency

·         Improving customer communication and relationships

·         Keeping up with competitors

               Source: Topic 1 Introduction to eBusiness 2012 Lecture notes Slideshow p.18


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

·         Set up costs

·         Running costs

·         Lack of time/resources

·         Lack of skills.

              Source: Topic 1 Introduction to eBusiness 2012 Lecture notes Slideshow p.20

8) How might a restaurant benefit from an online presence?

·         Increased exposure

·         Free advertising all over the world

·         Greater communications with stockholders

·         Increase efficiency

·         Great system for feedback

·         Increase profit

·         Keeping informed

9) What are some examples of Digital information??

·         Computers

·         usb

·         video camera

·         digital tv

·         ebooks

·         mobiles

·         digital camera

10) What is the semantic web? Are we there yet?

·    The Semantic Web provides a common framework that allows data to be shared   and reused across application, enterprise, and community boundaries. The Semantic Web, as originally envisioned, is a system that enables machines to "understand" and respond to complex human requests based on their meaning. Such an "understanding" requires that the relevant information sources is semantically structured, a challenging task.

·    Are we there yet? Definitely on our way, at present Google, twitter and facebook have separate privacy and policy procedures. Google is changing this so there will be only one privacy policy to cover all networks. This will enable theses site to share information about you with each other to help better understand what you want.