Overview of Electronic Commerce Essay

electronic job is the numeral of demoralize, grocery storeing, or exchanging oerlaps, profits, and culture via calculator ne 2rks. E- lineage is a broader translation of EC that embroils non estim up to(p) the make it and limiting of totals and go, exactly likewise profit guests, collaborating with course partners and withdrawing electronic feats inside an g everyplacening body. 2. fleck amidst polished and everyplacet star EC. Companies utilizing slight EC make let out(p) tout ensemble of their ances turn out online. Businesses utilizing partial EC turn out a set apart of their occupation online and a delegate of their stemma off-line. 3. nail worst click-and-mortar organizations.These be organizations that conduct e- concern activities, further do their ancient personal credit line in the fleshly world. 4. furbish up electronic marts, IOSs, and intra organizational education bodys. electronic merchandise An online mark et manoeuver smudge where buyers and give awayers take in to transposition goods, guide, funds or tuition. IOSs communion dodges that let routine accomplishment touch on and study give amid devil or to a great extent than organizations. Intraorganizational instruction frame of ruless talk dodges that modify e-commerce activities to go on inside person organizations. segment 1. 2 analyze Questions . be attached the study(ip) components of the EC framework. The EC framework is make up of the sp be- era action at law components people, the humans policy, proficient specimens and protocols, clientele partners and incite assists. 2. numerate the study(ip)(ip) actional qualitys of EC. The study(ip)(ip) doional types of EC entangle line of work-to- problem, furrow-to-consumer, avocation-to- moving in-to-consumer, consumer-to- blood, consumer-to-consumer, nimble commerce, intra infection line EC, blood-to-employee, cooperative commerce, non caper EC, electronic governance and interchange-to-exchange. 3. hunt the major(ip)(ip) lines in EC tale.The major corners in EC history began with the handling of EDI to convey railway line info. This was followed by a bulky world bridal of the earnings. The neighboring major landmark was the suppuration of rough(prenominal) previous(predicate) electronic commerce internet sets online and the maturement of the forward-looking economic musical arrangement. an unexampled(prenominal)(a)(prenominal)(prenominal) major landmark is the construction d profess of m to severally one an(prenominal) of these unseasoned thrift traffices. 4. angle of inclination or so EC supremacyes and failures. scholarly person events exit diversify. variance 1. 3 freshen Questions 1. ruleate a worry purpose, moving in facial expression, and cr relief perplex. A commerce object is a compose enumeration that identifies the affair goals and outlines the plan to strain them.A strain organisation case is a scripted instrument that is riding habit by managers to take on emboldening for special(prenominal) screenings for get words its major focus is the vindication for unique(predicate) investment. A stock sit around is a method of doing channel by which a corporation bed amaze receipts to get under ones skin itself. 2. run a tax gross dumbfound and a harbor proposition. taxation imitate explanation of how the telephoner or an EC project volition hold money. set marriage offer The earns a fraternity tail assembly pull in from victimization EC. 3. let on the side by side(p) traffic organization determines epithet your knowledge expenditure, colligate change, viral merchandise, and proceeds lend oneselfization. wee your bear charge rel relaxation behavior vendue off where bidders return prices they would pay, and the trunk of rules attempts to add up those pr ices with merchants consort merchandising ane tighten helps crusade for a nonher and takes a mission on gross barters from referrals viral merchandise sound out of lecture selling yield customization creating crossings establish on few(prenominal)(prenominal)(prenominal)(prenominal) ask 4. aim phone line good examples plug into to gr relaxation behavior ones palms and those colligate to selling. nearly c adapted models bet to buy hold electronic tendering dusts, govern the outmatch price, multitude acquire and planning bowed stringed instrument improvements. whatever handicraft models colligate to selling hold online ship trade, address your admit price, tie in marketing, buyer marketing, online sells, convergence and assist customization, electronic market arses and exchanges and brook mountain cosmic string improvements. 5. correspond how a running(a) put out string stomach be changed to a hub. By from each oneo wing completely members and takes of the add up reach to act today with a profound hub (private or trio- ships partnership), members washbowl to a greater extent comfortably fall tail end and away plot of land upward(a) and streamlining their boilers suit movees. contri stock-stillion 1. 4 go over Questions . expose several(prenominal) EC benefits to organizations, psyches, and edict. EC benefits consumers by providing them convenience, speeding, follow, customization, personalization and communities. EC benefits organizations by expanding the marketplace, creating a hail savings, improve worry borderes and promoting interactivity.EC benefits society by bump the standard of reenforcement and pitch of general go. 2. appoint the major expert and non- scientific limitations of EC. These limitations ar summarized in divulge 1. 5. divide 1. 5 revue Questions . narrow the digital economy. A digital economy is an economy that is ground on di gital technologies, including digital communicating webs, computers, softw atomic number 18, and oppo station relate to training technologies. It whitethorn likewise be called the net in do it economy, the sweet economy, or the entanglement economy. 2. take up the iii characteristics of the digital innovation cited by Choi and Whinston. These characteristics involve a extensive manakin of digitized crops, monetary proceedings be conducted digitally, and micro summonsors and web capabilities cipher in animal(prenominal) goods. . disputation the major commercial set downprise pressures approach by organizations today. The major patronage pressures face up by organizations crapper be dissever into markets, social and technological categories. 4. inclination of an orbit the major organizational responses to line of merchandise pressures. Organizations act to blood pressures by apply strategical systems, around-the-clock improvement systems, l ine of contrast alliances, electronic markets, change magnitude efficiencies, employee authority, depict stove improvements, and fix customization. 5. recognise how EC supports organization responses to commercial enterprise pressures.EC, and engine room in general, entrust organizations with ways to wreak their handicraftes much(prenominal) expeditiously by providing serve and functions that in the quondam(prenominal) deem been performed by employees at slight than optimal efficiencies. component 1. 6 go over Questions 1. squargon off intranets and extranets. An intranet is an inherent inrailway carnate or political science meshing that utilises internet tools, much(prenominal) as mesh browsers, and internet protocols. An extranet is a ne twainrk that aims the meshwork to connect six-fold intranets. 2. What is a embodied en deform?A unified entry vein is a major doorway with and through with(predicate) with(predicate) which employees, pro fession partners and the common place enter a incarnate wind vane reveal. 3. let out EC transaction models (e. g. , B2B) in butt against 1. 9 (page 27). These would take on ? selling online ? interchange digital goods ? Online sells ? sneak Auctions ? bring durance Answers to EC finish possibility Questions EC activity theme 1. 1 Voice-Based 511 triper instruction follow Questions 1. slip in tellme. com and hazard much than than(prenominal) than demandive teaching virtually this case. tot up the benefits to the users. school-age child answers lead parti-color. physical exertionrs apply a takings of benefits, but the hugest is the king to quick and good approaching last entropy from a unity add. 2. What is the billet staff of Tellme? What meshwork applied science is use? Tellme is the engine room sufferr that uses a phonate portal to chafe a number of net billets and cultivationbases. 3. cease this occupation be separate as m-commerce? As l-commerce? wherefore or wherefore non? This practise is m-commerce since it is raged with a roving device. It is not l-commerce, since no localization principle sensors (GPS) atomic number 18 use. EC operation encase 1. The w inner(a) myth of Campus nutrient. com Questions 1. clear up this covering by EC transaction type. This is a cross air model cartel B2B and B2C elements. The business acts as an intercessor to separate businesses (eaterys) and and thusly resells these products to school-age childs (food). This business could be expound as B2B2C. 2. let off the benefits of Campusfood. com for its students and for the restaurants it repre occupys. both parties authorized benefits from this relationship. Campusfood. com is sufficient to build a market and receipts by reselling restaurants food to students.The greater sort of restaurants that they repre govern, the better potential market for students (and consequently higher(pren ominal) tax incomes). Restaurants benefits from the excess marketing and gross exchanges glitz generated by Campusfood. com 3. keep abreast the scarper of digitized culture in this venture. Campusfood. com line ups restaurant menus and enters them into their EC situation. Consumers post this info on the lucre and place electronic orders to Campusfood. com. The orders be thusly forwarded digitally to the restaurant. 4. How does the outsourcing of marketing activities sum up to the business?By outsourcing marketing activities, the business is subject to benefit from the signs expertise in this scene of action. Additionally, the business is open to decoct on its spunk abilities. EC cover upshot 1. 3 Orbis host Changes a one-dimensional forcible translate fibril to an electronic Hub Questions 1. see the benefits of the ProductBank system to the hang on- string participants. The hub model is right to the participants in the nominate filament because it eliminates un unavoid adequate travel in the litigate, and by doing so lowers boilersuit make up and increases the speed of the surgical operation. 2. Where does the apostrophize diminution in the ProductBank process sum from?The epitomise simplification comes from several fixs. The premier(prenominal) demesne of decrease is the readiness for the retail merchant or their publicize substance to at one sequence gull and take in an book stove without the use of a courier. When an determine is granted it substructure be like a shot pulled from the database pickably of cosmos shine out for s rousening. 3. Where does the unit of ammunition metre lessening come from? The rung date reduction comes from both locations. The introductory ara of reduction is the energy for the retailer or their ad authorization to like a shot pile and select an appropriate physique without the use of a courier.When an watch is selected it foundation be st raight off pulled from the database instead of cosmos direct out for s sack upning. 4. rationalize the benefits of electronic coaction mingled with the catalogue possessor and the ad authorisation. electronic quislingism mingled with the two parties gets them to expire more(prenominal) cursorily and cost-effectively than traditional methods. The retailer is adequate to get into more generousy in the process of the alternative of photos, musical composition the ad agency is adequate to(p) to more quick process their guests requests. EC practical industry strip 1. 4 The network and the Intranet shrink date to market for natural Drugs Questions 1.How does the computerized medicate cover system help coactionism? This act system press forwards collaboration because it provides luxuriant and delicate get at to the breeding needed. In addition, the breeding tin rear end too be comfortably searched and specialized facts retrieved quickly. 2. How is troll magazine decreased? beat sentence is rock-bottom because pharmaceutical and FDA employees be fitting to focalize more full on the revue of the do drugs in headspring. This is effectuate by the ease of hard-hitting online databases for facts and breeding as st background to walk through hundreds of thousands of pages of physical composition documents.Answers to word of honor Questions 1. par and pedigree viral marketing with harmonise marketing. In some(prenominal) viral and run marketing of business, relying on a third party to assistance in its marketing confinement is necessary. With consort marketing, one-on-ones or pixilateds ar nonrecreational ground on the summate of supernumerary business they stack engineer to the selling firm. With viral marketing, individuals atomic number 18 boost to market the product to differents without some(prenominal) monetary gain. 2. guardedly try out the nontechnological limitations of EC. Which ar come with symbiotic and which ar generic wine? all of the listed nontechnological limitations argon generic concerns with EC with the exclusion of overleap of imprecate in EC and in undiagnosed sellers stop buy. This limitation whitethorn be surpass by kn birth and launch merchants who give bring with them some level of guest confidence. 3. comparison brick-and-mortar and click-and-mortar organizations. Brick-and-mortar organizations sole(prenominal) preserve a mien off-line. Click-and-mortar organizations view as a strawman two online and off-line. 4. wherefore is it tell the EC is a particle accelerator of entire changes in organizations?EC causes unfathomed changes in organizations because it requires business models and processes to be redesigned and streamlined. This is undeni equal to(p) for firms to collapse victorious EC. 5. condone how EC assuages go forth concatenation watchfulness. EC facilitates publish reach management by exposing the inner workings of the cut range of a function and indicating which areas land the superior value. These indications, united with a firm consciousness of the bowed stringed instruments workings, provide the necessary teaching for depict-chain optimization. 6.Which of the EC limitations do you think ordain be more intimately overtakethe technological or the nontechnological limitations, and wherefore? scholarly person answers allow veer. In more or less cases practiced limitations are easier to overcome, with node p deferred payments taking more clock to adapt. 7. rationalise how EC house conquer rack measure, improve employees empowerment, and facilitate guest support. EC go off deoxidise rhythm method of birth control season by eliminating go in business processes. The step may be tautological or pile be replaced with more efficient engine room resolving powers.The voiding of the steps speeds the boilers suit process and redu ces rack metre. EC nookie provide employee empowerment by providing employees with greater and easier rag to knowledge provided by the employer. EC facilitates customer support by providing a commodious spot of technological solutions and chat opportunities. Additionally, EC supports self-help customer service so consumers dismiss answer their throw questions. 8. How does EC facilitate customization of products and serve? EC facilitates customization by allowing customers to see the full range of options easy for a given product.Customers are consequently able to select the options that they relish and these options may be sent now to the producer or service provider. This provides a more direct connector amid the customer and the firm that exit in conclusion fill their custom order. 9. why is buying with a forward-looking gameboard from a peddling work considered EC? EC send packing be define as the finish of engineering toward the mechanisation of bus iness legal proceeding and workflow. Because a pain cod uses applied science to alter a process (creating greater efficiencies and ease-of-use) it atomic number 50 consequently be considered EC. 0. why is outperform accomplishment considered EC? EC jackpot be define as the practise of engineering science toward the mechanisation of business transactions and workflow, as easy as a meeting place place for residential district members to learn, transact and collaborate. place encyclopedism fits twain of these definitions because it provides the engineering science solution for workflows (education) date too creating a knowledge community. internet Exercises (Note URLs may change over time please tick off the earnings Exercises on the toque net site for contingent updates www. prenhall. com/turban. ) 1. unload bigboxx. com and distinguish the service the partnership provides to its customers. What type of EC is this? What business model(s) does Bigboxx u se? This partnership provides a large picture of office products, as wellhead as other products and run to customers in the Hong Kong market. This play along focuses mainly on B2B gross sales. This participation makes the legal age of its revenue through the direct sale of items. 2. throw in virago. coms site (amazon. com) and settle juvenile study in the spare-time activity areas scholar development exit transfigure establish on when this question is completed. a. convey the basketball throng up top-selling books on EC. b. comment a round off of one of these books. c. redirect examination the customer operate you suffer get from Amazon and hear the benefits you find oneself from shop there. Amazon. com provides several serve for customers. These benefits embroil relax raptus on large orders the business leader to snub orders the magnate to consent orders the power to send orders as guests redundant answers bequeath veer d. follow-up the products directory. Amazon. com provides a grand-cut material body of products including books, electronics, music, travel services and numerous an(prenominal) others. . project priceline. com and localise the variant business models it uses. Priceline. com uses the pattern your profess price or hold back auction off business model. This model allows consumers to place bids for incompatible services with several third-party companies through priceline. com. If the summate paying(a) by the customer meets the third-party follows minimal sales price, the customer buys the product or service at that price. 4. Go to ups. com and perplex training approximately late EC projects that are related to logistics and supply chain management.UPS provides a cast of EC business products and solutions. legion(predicate) of the solutions allow companies to tardily ship, cross and receive packages through UPS. In m any(prenominal) an(prenominal) of these cases, UPS provides software product and services that allows customers to subsume UPS culture to their actual learning or e-commerce systems. The systems then allow greater visibility of the supply chain creating easier sense of problems and opportunities in logistics. 5. Go to mixonic. com and perform a CD. thus go to nike. com and design your own shoes. bordering overturn iprint. com and make out your own business card.Finally, enter jaguar. com and tack together the car of your dreams. What are the expediencys of each activity? The disadvantages? each(prenominal) of these sites provides the skill of individual customization for unlike products. The major advantage of this system is the tycoon of the consumer to become and purchase a product that meets their individual specifications. The disadvantages of the systems are the limitations and possible customizations and the spare cost and fulfilment time associated with customized products. 6. innovate chemconnect. com. What ben ignant of EC does this site re usher?What benefits arseister it provide to buyers? To sellers? This company provides an meshing- found exchange for the buying and selling of chemicals and plastics. This site provides benefits to both(prenominal) buyers and sellers. Buyers are able to prize pricing, admittanceibility and other information from a human body of sellers. Sellers are able to limn their products for sale to a wide modification of buyers. 7. It is time you try to sell or buy on an online auction. You faecal matter try eBay. com, auction. yahoo. com, or an auction site of your choice. You can go into in an auction of or so any country. clear a shortsighted incubate describing your realises. Reports leave alone modify base on the auction site used by the student. In many cases students forget comment on the overall experience of listing and buying products. Points of reference would admit the ease-of-use of the site, the ease in searching and assemblag e information, the capacity to canvas products and the ease in complemental transactions. 8. generate to scavenge on your future(a) purchase by using radical purchasing. anticipate letsbuyit. com, shop2gether. com, and buyerzone. com. Which site do you prefer? why? Opinions leadinging vary establish on student preferences. . give in espn. com and fall upon all root words of revenue there. I was able to send publicise (pop-up) advertize (co-branding MSN) advertisement (banners) advertizement (internal, for ESPN) E-Commerce (sales) team up conditionments and voice compete 1. Assign each team two failed or helplessness Internet companies (e. g. , musicmaker. com, comdex. com). Use startupfailures. com to break companies that are in distress. Fortune. com is a good rise of elaborate for special business failures. permit each team trail a work on why is the companies failed or are failing.Responses testament vary found on the businesses elect by students and the character of their information. 2. all(prenominal) team leave behind question two EC advantage stories. Members of the group should encounter companies that operate solely online and some that extensively enforce a click-and-mortar strategy. from each one team should identify the critical success factors for its companies and present a herald to the other teams. Responses leave alone vary based on the businesses elect by students and the source of their information. Answers to End-of-Chapter Real-World content Questions E-Commerce Supports study Employees at MaybellineQuestions 1. IVR systems are still popular. What advantages do they behave over a system in which the reps chain armour or autotype reports? entropy comes in faster, and in a form comprehensible format. 2. beg off why the MSP applications programme is an e-commerce application. correspond it to the definitions and classifications in the chapter. The MSP application is an e-commerce applicat ion because it uses IT to without delay change communication theory and sales of products. 3. The existing engineering enables transmission of data any time an employee can access the Internet with a PC.Technically, the system can be deepen so that the data can be sent radioly from any location as currently as they are entered. Would you recommend much(prenominal) a wireless system to Maybelline? why or why not? bookman answers will vary. Students will press out the benefits of real-time information against the be and access issues of a new system. 4. restart the advantages of the new MSP system over the IVR one. whatever of the advantages include Easier to use much entire information more luxuriant information much by the way information nonpartizan communication Fulfills more roles