Electronic Commerce‚ 7th Edition 14188-37032 Chapter 3 Solutions Review Questions 1. Write a paragraph in which you describe the conditions under which a Web site could become profitable by relying exclusively on advertising revenue. In a second paragraph‚ provide an example of a company not mentioned in the chapter that is using the advertising-supported model and that is likely to be successful in the long run. Explain why you think it will succeed. Answer: A Web site that relies exclusively
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12) Leslee Supeene recently joined the firm of Moses‚ Denson‚ and Etchevery (MDE). She discovered that one of her closest friends is the controller in a client company of MDE. She is advising MDE of this information. Which threat to her independence will she be addressing? A) self-interest threat B) self-review threat C) familiarity threat D) advocacy threat 18) Professional scepticism requires: A) that every management representation be substantiated with supporting documentation
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STUDY UNIT 1- COMMUNICATION IN THE ORGANSIATION The origins and main emphasis of organisational communication and its components CORPORATE COMMUNICATION originated from the need within companies to address the full scope of communication internally and externally with the emphasis on managerial aspects of the organisation. 2. Corporate communication can be described as the technical information system of the organisation which involves the company’s human resources‚ marketing of the company’s
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Knowing the Importance of Good Writing Skills The purpose for writing a play‚ document‚ or even a letter identifies the reason “why”. You may write a play to get noticed by a producer. There are four main purposes to writing and they are to summarize‚ to analyze‚ to synthesize‚ and to evaluate. Your audience will always depend on the group of people or individual you will be speaking too or who will be watching you‚ weather you are acting in a play or speaking at a family reunion. You do not have
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What are the responsibilities of the board of directors? Please provide an example of a board of directors that did not meet its responsibility. Laws and standards defining the responsibilities of the board of directors differ from one country to another. In the US companies must comply with the laws in which the company was incorporated. Many countries agree on what the most important responsibilities of the board of directors are. Setting corporate strategy‚ overall direction‚ mission or vision
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Chapter 01 Introduction 1.1 Introduction In this modern era of business‚ success in achieving organizational and inter-organizational goals has become very much strategic. The business organizations are developing themselves very gradually‚ including their policies and communication techniques. So business firms over the world need to establish and maintain an effective communication network with the parties related to the business using modern technology. Modern technology as in electronic
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Question 2 Introduction Takealot.com is one of South Africa fastest growing and largest online retail stores. This great e-commerce business was officially launched in 2011 after the acquisition of Take2.com by Kim Reid who is a former senior executive at Naspers and the US based hedge fund‚ Tiger Global. Takealot.com offers a service of online shopping to consumers. This business was developed with a simple vision and goal in mind which is to offer a one stop customer focused online retail store
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I have to say rotten dot com is not my type of website‚ but it did catch my attention. Even if you are disturbed or not attracted to something‚ you should give it a chance. You never know what to expect especially when you see‚ "Rotten dot com collects images and information from many sources to present the viewer with a truly unpleasant experience" on the main page. The content of the site is different than any other website that I have seen‚ but the form and layout is very
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The Dot-Com Crash 1. What is the intended role of each of the institutions and intermediaries discussed in the case for the effective functioning of capital markets? Broadly‚ the institutions and intermediaries’ primary role involves channeling investors’ savings and funds to new companies that require capital to finance and grow their businesses. Because there is an information gap between investors and companies‚ investors rely on intermediaries to act as the experts on these investments in which
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Case Study Chapter 1: The role of capital market intermediaries in the dot-com crash of 2000 1. What is the intended role of each of the institutions and intermediaries discussed in the case for the effective functioning of capital markets? i. Venture Capitalist: provides capital for the company in the early stage of development and ensures company to have a good management team and sustainable business. VC demand high return on investment and sells stock usually to public through IPO
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