INTRODUCTION TO E-BUSINESS

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

Transactional website is a type of website where we can buy and sell products and   services, for example; eBay, Amazon. There are many internet risks associated with transactional websites. Some of the examples are:

• Fraud is one of the risk of transactional sites. If website is not authentic credit card details could be misused. 
• Website could be hacked and financial information and identity can be stolen and misused.
• If system doesn't work as expected, this will cause negative public reaction.
• Problems with fulfillment of goods ordered online. Ordered goods could be missed or delayed. 

Introduction to e-business and e-commerce. Retrieved March 23, 2012 from
psut.edu.jo/sites/raad/ebusiness_notes/Chapter01.pdf    

            
2. Write down the definition for each:

• E-business
• E-commerce

E-business: "The process of using web technology to help businesses streamline processes, improves productivity and increase efficiency. Enables companies to easily communicate with partners, vendors and customers; to connect back -end data systems; and to transact commerce in a secure manner." ( Smith et al, 2001 p 1).

E-commerce: "E- commerce is the act of selling products and sevices on the internet. It is one element of e-business, the primary element. it concerns itself with the business-to-business (B2B) and business to consumer (B2C) selling of products and services. E-commerce is typically implemented as some form of an electronic store (e-store)." (Smith et al, 2001, p 6).

Reference:
Smith B, Chatfield V, Uemera O (2001) IBM e server i series e-business Handbook: A V5R1 Technology and Product Reference. IBM CORP.
ibm.com/redbooks.

3. What is the difference between sell side and buy side e-commerce?
According to Dave Chaffey (2009) sell side e-commerce refers to transactions involved with selling products to organization customers. Buy side e-commerce refers to transactions to procure resources needed by an organization from its suppliers.

                                                                                         Chaffey D. 2009 

 

  Reference:

Chaffey D. (2009). E-Business and E-Commerce Management, Prentice Hall.

4. Describe the types of e-business.

    Types of e- business are as follows:

• Business- to- Consumer (B2C) - Commercial transactions between an organization and consumers (Chaffey D, 2009). An example of B2C is Amazon.com.
• Business-to-Business (B2B) - Commercial transactions between an organization to other organization (Chaffey D, 2009). Cisco is an example for B2B.
• Consumer-to-Consumer (C2C)- Informational or financial transactions between consumers, but usually mediated through a business site. eBay is an example of C2C (Chaffey D, 2009).
• Consumer-to-Business (C2B) - In this business consumer demand specific products and services from respective businesses by representing themselves as a buyer group.
• Business-to-Government (B2G) -  B2G is the online exchange of information and transaction between businesses and government agencies.  Electronic tax filing is an example of B2G.

                                                                                              Chaffey D.2009

References:

Chaffey D (2009) E-Business and E-Commerce Management , Prentice Hall.

Ebusiness types .(2009). Retrieved March 3, 2013 from http://www.alt-team.com/e-commerce-types.html?sl=EN 

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

Digital technology which has highest penetration rate is mobile phones. Mobile phones have the highest penetration rate because population ages is increasing and the number of people using one or more mobile subscriptions. Mobile subscription numbers continue to increase and by late 2012 there are more than seven million more mobile phones in Australia. Telstra continues to be the market leader with more than 14 million subscribers, Optus has around 9.5 million subscribers and vodafone has more than 6 million subscribers. From the figure we can see the top 10 countries in terms of smartphones penetration (Alexendar A, 2012).

Source:

Alexander A (2012) Smartphone Usage Statistics 2012. Retrieved March 24, 2013, from
http://ansonalex.com/infographics/smartphone-usage-statistics-2012-infographic 

Reference:

Budde P (2012) Australia - Mobile Communications - Subscriber Statistics. Retrieved March 24, 2013, from

 http://www.budde.com.au/Research/Australia-Mobile-Communications-Subscriber-Statistics.html

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

• Reduced costs
• Increase reach to new markets
• Customer demand
• Competitive threats

Chaffey D (2009) E-Business and E-Commerce Management , Prentice Hall.

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

• Security- It is a major barrier for the adoption of sell-side e-commerce by business.
• No need - Some of the business doesn't required.
• Costs - For some of the business it will be costly.
• Skills- People should have good computer skills and understanding of internet for e-commerce.

Chaffey D (2009) E-Business and E-Commerce Management , Prentice Hall.

 8. What are some examples of Digital information?

Some of the examples of Digital information are:

• Cd's
• DVD's
• Mobile phones
• Internet
• Digital television

Digital. Retrived March 26, 2013 from  http://www.techterms.com/definition/digital

9. What is the semantic web? Are we there yet?

The Semantic Web is a Web that includes documents, or portions of documents, describing explicit relationships between things and containing semantic information intended for automated processing by our machines. It is a mesh of information linked up in such a way as to be easily process able by machines, on a global scale. You can think of it as being an efficient way of representing data on the World Wide Web, or as a globally linked database. Semantic web improves search engine results.The Semantic Web was thought up by Tim Berners-Lee, inventor of the WWW, URIs, HTTP, and HTML. (Palmer S, 2009. Semnatic Web Group, 2007)

Palmer S (2009) The Semantic Web: An Introduction. Retrieved March 26, 2013 from

http://infomesh.net/2001/swintro/ 

Semnatic Web Group (2007) What is Semnatic Web? Retrieved March 26, 2013 from

http://swag.webns.net/whatIsSW