inherent advantages that they bring suggest that nearly every company needs to examine how it will be affected by and can take advantage of these new technologies. * Forms of e-commerce: B2B (Cisco) C2B (Priceline/ www.elance.com) B2C (Amazon) C2C(eBay) * E business models: Bricks and Mortar only; Bricks and back up clicks; Bricks and clicks and clicks only. * Threats or opportunities? (seven attractive elements) 1) The syndication of information (lies at the heart of e-commerce business
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information sharing. It was found by Alibaba Group on May10‚ 2003‚ Taobao (www.taobao.com) is the largest Internet retail Web site in China with 84 percent of the Chinese-domestic online consumer market. Taobao Marketplace facilitates consumer-to-consumer (C2C) retail by providing a platform for small businesses and individual entrepreneurs to open online retail stores that mainly cater to consumers in China‚ Hong Kong‚ Macau and Taiwan. With around 760 million product listings as of March 2013‚ Taobao Marketplace
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The Economic and Social Impact of E-commerce By Daniel Karam 1. INTRODUCTION 2. BODY – a. Understanding E-commerce: a.i. Definition a.ii. Types b. E-Commerce’s Impact on economy: b.i. GDP Growth b.ii. E-Commerce in developing countries c. E-Commerce’s Impact on society: 3. CONCLUSION Abstract Electronic commerce has had large economic effects in
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INFO 3435 eCommerce Teaching Objectives 2. eCommerce Business Models and Concepts • • • • Identify the key components of eCommerce business models. Describe the major B2C business models. Describe the major B2B business models. Describe business models in other emerging areas of eCommerce. • Explain the key business concepts and strategies applicable to eCommerce. Alexander Nikov 2-2 How popular is Tweet Tweet: What’s Your Business Model? • What characteristics or benchmarks can be used to
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Marketing Customer Service Customer plays an important role in the marketing piece of business. Marketing brings a customer in and customer keeps them coming back. While a growing business needs to constantly capture new customers‚ the focus and priority should be on pleasing and keeping existing customer base. Companies that fail to nurture and retain their customer base ultimately fail. Marketing is the process of teaching consumers why they should choose product or service over competitors.
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Privacy and Ethics * Ethics- principles of right and wrong that indv‚ acting as free moral agents‚ use to make choices to guide their behaviors * Info sys raise new ethical questions bc they create opportunities for: intense social change‚ threatening existing distributions of power‚ money‚ rights‚ and obligations; new kinds of crime * Tech trends that raise ethical issues: * Doubling of computer power: more orgs depend on comp sys for critical operations * Rapidly
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This is a money transfer Web site founded in 1998 for what is known as C2C (consumer-to-consumer) transactions. It enables anyone with an email address to send money safely and securely to anyone else in the world who has an email address. These transactions might be as simple as paying a neighbor’s kid to rake your leaves
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grow their company and to remain sustainable in the competitive market environment. The potential market in this industry is enormous‚ thus attracting a myriad of local competitors such as Jingdong and Tencent and global competitors such as Amazon and ebay. With all these in
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semi structured decisions by managers more than two years‚ unstructured decisions by executives (5 marks) Answer A2. Responses will note the immediacy of reacting to queries‚ mechanisms such as online FAQ‚ online automated help responses (e.g. eBay virtual assistant)‚ options to leave email queries all available 24*7. (5 marks) Answer A3. Managerial decisions based on the output from Management Information Systems. Decisions differ as summarised below‚ for a manufacturing environment‚ other scenarios
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Chapter 5 Electronic Commerce True/False Questions T F 1. E-commerce is commerce‚ but it is commerce accelerated and enhanced by IT‚ in particular the Internet. Answer: True Level: Easy Page: 170 T F 2. The B2C segment is where the dollar volume of e-commerce has always been widely expected to be concentrated. Answer: False Level: Medium Page: 172 T F 3. Demand aggregation combines purchase requests from multiple buyers into a single large order‚ which justifies a discount from
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