Seminar 1 – 1. Digital Firm vs. Traditional Firm a. Greater flexibility in organization management i. Time-shifting – Open 24/7 ii. Space shifting – No longer confined to shopfront b. Manage business relationships‚ processes‚ assets digitally 2. Why do companies invest in IT? c. 6 strategic business objectives iii. Operational excellence – IT increases efficiency and productivity iv. New products‚ services & business models
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Assignment 1 Ecommerce 320 May 4‚ 2012 Part A: Short-Answer Questions (30 marks total) Answer each question in one to two paragraphs. 1. What are the major differences between pure play e-commerce and bricks-and-clicks operations? What are the benefits and limitations of each? (5 marks) Pure play e-commerce are virtual retailers that sell directly to consumers over the Internet without maintain a physical sales channel. Virtual e-tailers have the advantage of low overhead costs
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following represents any business that sells its products or services to consumers over the Internet? A. B2B B. B2C C. C2B D. C2C Ans: B Level: Easy Learning Outcome: 14.2 Response: This is the definition of B2C. 4. Which of the following represents businesses buying from and selling to each other over the Internet? A. B2B B. B2C C. C2B D. C2C Ans: A Level: Easy Learning Outcome: 14.2 Response: This is the definition of B2B. 5. Which of the following represents sites
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Introduction to E-Commerce Electronic commerce‚ commonly known as e-commerce‚ eCommerce or e-comm‚ refers to the buying and selling of products or services over electronic systems such as the Internet and other computer networks. However‚ the term may refer to more than just buying and selling products online. It also includes the entire online process of developing‚ marketing‚ selling‚ delivering‚ servicing and paying for products and services. The amount of trade conducted electronically has
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Test 2 study guide | 37 questionstwo articles ( 4‚5) | Chapter 8 | | What are Enterprise systems? | Enterprise resource planning systems are a suite of integrated software modules and common central database. It collects data from many divisions of firm for use in nearly all of firms internal activities. Information entered in one process is immediately available for other processes. | Business value of enterprise systems | Creates a more uniform organization. More efficient operations
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Chapter-1- Management Information System Self Assessment Questions 1. Information systems are composed of __________ basic components. a) four b) three c) two d) many 2. A human order taker can be bypassed when using a(n) e) office automation system. f) management information system. g) transaction processing system. h) decision support system. 3. The __________ can help you choose a product. a) office automation system b) management information system c) transaction processing system d) decision
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Case Study: Walmart Walmart 2009 ROE: 272% ROA: 9% Profit Margin: 3.8 Asset Turn: 2.39 APT: 6.02 C2C: 10.2 ART: 98.5 INVT: 9.19 PPET: $3.99 Amazon 2009 ROE: 17.2% ROA: 6.7% Profit Margin: 3.8 Asset Turn: .066 APT: 2.58 C2C: 11.4 ART: 19.45 INVT: 8.74 PPET: $19 Walmart has a higher return on equity and a higher return on asset compared to Amazon. It can be assessed that Walmart has better overall performance than Amazon. Equity return is dramatically higher for Walmart
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technologies.Boca Raton‚ CRC Press/Taylor & Francis. Sharma‚ V. and Sharma‚ V. (2012).Web-based and traditional outsourcing.Boca Raton‚ FL‚ CRC Press. Shandan‚ Z.‚ Dan‚ F.‚ Yunyun‚ X.‚ and Yonghai‚ Z. (2012).‘Influencing Factors of Credibility in C2C Ecommerce Web Sites’.Original Research ArticleProcedia Engineering.Vol 29‚ pp 509-513. Tapeh‚ A. G. and Rahgozar‚ M. (2008).‘A knowledge-based question answering system for B2C eCommerce’.Original Research ArticleKnowledge-Based Systems. Vol 21 (8)
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Literature Review The internet is rapidly becoming the greatest infrastructures for electronic commerce. The main reason for this is ‚ it offers business to link with other business and individual in an easy manner and at low cost. The process of buying and selling of products or services over electronic systems like Internet ‚ computer networks is the simple model of e-commerce. Although most of the commercial transactions are still taking place by the conventional channels ‚ the trend of using
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generation‚ it saw the emergence of portals and search engines. However‚ in due course more and more organizations began to cater to the Business to Customer (B2C) market as well as started creating special platforms to enable Consumer to Consumer (C2C) transactions. As several organizations began to operate in the Internet market space‚ they innovated unique propositions to create value in the process. These were either not found or difficult to replicate in the traditional brick and mortar operation
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