Electronic commerce‚ commonly known as e-commerce or eCommerce‚ is a type of industry where the buying and selling of products or services is conducted over electronic systems such as the Internet and other computer networks. Modern electronic commerce typically uses the World Wide Web at least at one point in the transaction’s life-cycle‚ although it may encompass a wider range of technologies such as e-mail‚ mobile devices‚ social media‚ and telephones as well. Electronic commerce is generally
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1. E-commerce can be defined as: a) the use of the Internet and the Web to transact business b) the digital enablement of transactions and processes within a firm c) digitally enabled commercial transactions between and among organizations and individuals d) both (a) and (c) Answer: (d) (see pages 6-7) 2. T/F: Price transparency refers to the ability of consumers to discover the actual costs merchants pay for products. Answer: False: (see page 12) 3. The following are all unique
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Business Model eBay is an online person-to-person trading community on the Internet. Buyers and sellers are brought together whereby the sellers are allowed to list items for sale and buyers to bid on interested items. The items are categorized by topics‚ where each type of auction has its own category. eBay has both streamlined and globalized traditional person-to-person trading‚ which has traditionally been conducted through such forms as garage sales‚ collectibles shows‚ flea markets and more
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Social media or network had played important role‚ not only in daily life aspect but also in business aspect. Social network had brought a lot of benefits to the business aspect but also some problems to the business world. One of the good example of benefits or advantages of social network is to expand the business market of the particular company worldwide. By using social media‚ the company can deal business with the entire customer around the world because social media connecting every single
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4) a)What Is an IP Address and what is it is also known as? -A number that uniquely identifies each computer or device connected to the Internet. b) What are the four categories of output? -Output is data that has been processed into a useful form called information. Four types of output are text‚ graphics‚ audio‚ and video. Text consists of characters (letters‚ numbers‚ punctuation marks‚ or any other symbol requiring one byte of computer storage space) that are used to create words‚ sentences
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(slide 7) 4- How would you protect your company from DoS attack? -Make the servers or website redundant -Firewall 5- Name the majors point of vulnerability in typical website? Three key points of vulnerability in e-commerce environment: 1. Client 2. Server 3. Communications pipeline (Internet communications channels) 6- Why is adware or spyware is consider to be a security threat? Spyware may change the configuration of your computer. . For example‚ a spyware program may
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INSTITUTE OF FINANCE MANAGEMENT DEPARTMENT OF COMPUTING INFORMATION AND MATHEMATICS History of E-Commerce 1 Meaning At first‚ the term ecommerce meant the process of execution of commercial transactions electronically with the help of the leading technologies such as Electronic Data Interchange (EDI) and Electronic Funds Transfer (EFT) which gave an opportunity for users to exchange business information and do electronic transactions. The ability to use these technologies appeared in the
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E-commerce and Economic Development in Libya A thesis submitted to the University of Wales Institute‚ Cardiff for the degree of Doctor of Philosophy Cardiff School of Management Abdalla Hamed April‚ 2009 I DECLARATION I hereby declare that this dissertation‚ submitted in partial fulfilment of the requirements for the degree of Doctorate of Philosophy and entitled “E-commerce and Economic Development in Libya” represents my own work and that‚ to the best of my knowledge and belief‚ it
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MACON REPORT ON E-COMMERCE CONTENTS 1. Introduction 2. History 3. Entrepreneurship in e-commerce 4. E-commerce business model 5. Key drivers affecting e-commerce 6. Online payment 7. How payment gateway works 8. Online payment security 9. Legal issues 10. Benefits of e-commerce 11. Limitations of e-commerce 12. Future of e-commerce INTRODUCTION / OVERVIEW : E-commerce i.e electronic commerce is simply the use of internet or any other
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only assume that ecommerce is here to stay for the foreseeable future. Taking into account the bright future that lies ahead for ecommerce‚ we must also fully understand the responsibilities that come along with the use of ecommerce. Consumer and business spending related to ecommerce will surely grow but the growth will vary from country to country‚ and region to region. One cannot expect the growth of ecommerce to be same in
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