Chapter 1 Introduction 1.1 E-Commerce or E-Business: Electronic commerce which is commonly known as E-commerce or E-business is a modern concept of doing business. In layman’s language‚ it is the buying and selling of products and services over electronic systems which mainly comprises of internet. In this form of business the payment for goods and services is also done electronically i.e. by using credit cards. This concept has reached its maturity in developed countries like the United States
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Question 1 “E-banking will have a more profound effect on banking than ATMs ever did.” Do you agree? Surf the Internet‚ investigate the topic‚ and defend your answer. Answer 1- With cybercafes and kiosks springing up in different cities access to the Net is going to be easy. Internet banking (also referred as e banking) is the latest in this series of technological wonders in the recent past involving use of Internet for delivery of banking products & services. Internet banking is changing
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The Advantages of E-Commerce Kyvonne Coleman‚ Marketing 552 August 26‚ 2013 Professor Maureen Murphy Advantages of E-Commerce Economic Commerce (e-commerce) is a term used to describe any transaction of business that is conducted over the internet where an end-user provides information to receive or purchase a product from a retailor of any sort. Being in an age that majority of businesses thrive off of e-commerce‚ any business down to a fast food restaurant such as Pizza
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E-COMMERCE LESSON 2: BENEFITS AND LIMITATIONS OF E-COMMERCE Topic: • Introduction Everything has its pros and cons‚ same is with E Commerce‚ lets have a look. • Categories of E commerce Benefits and Limitations • Benefits and limitations of E Commerce The Benefits of EC Few innovations in human history encompass as many potential benefits as EC does. The global nature of the technology‚ low cost‚ opportunity to reach hundreds of millions of people (projected within 10
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Spring 2013 Bachelor of Science in Information Technology (BScIT) – Semester 5 BT8902 – E-Commerce – 4 Credits (Book ID: B1186) Assignment Set (60 Marks) Answer all questions 6x10 = 60 1. Explain the different activities carried out on E–Commerce‚ with appropriate examples. The core activities that are carried out on Electronic Commerce are: a) Buying and selling of products b) Shipping of products c) Producing financial statements All the above functions are carried out without
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E-commerce is the buying and selling of goods and services‚ or the transmitting of funds or data‚ over an electronic network‚ primarily the Internet (Rouse). These business transactions occur in business-to-business‚ business-to-consumer‚ consumer-to-consumer or consumer-to-business (Kinjal‚ 2014). The terms e-commerce and e-business are often used interchangeably. E-commerce is conducted using a variety of applications‚ such as email‚ fax‚ online catalogs and shopping carts and web services (Rouse)
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Business To Business (B2B) Business-to-business (B2B) describes commerce transactions between businesses‚ such as between a manufacturer and a wholesaler‚ or between a wholesaler and a retailer. B2B branding is a term used in marketing. The overall volume of B2B transactions is much higher than the volume of B2C transactions. The primary reason for this is that in a typical supply chain there will be many B2B transactions involving sub components or raw materials‚ and only one B2C transaction‚
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Chapter 4 1. Name the six main pieces of the e-commerce site building puzzle. * Organizational Capabilities * Hardware Architecture * Software * Telecommunications * Site Design * Human Resources 2. Define the systems development life cycle and discuss the various step involved in creating an e-commerce site. * Methodology for understanding business objectives of a system and designing an appropriate solution 1. Systems analysis/planning 2. Systems design
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2.0 Core Site structure of Agoda (B2C) 4.0 Advantages of the End Users 4.1 Speed and Convenience For Customers From an end client viewpoint it might be extremely helpful to buy merchandise and administrations over the Internet. The methodology is generally snappy and requests might be set in a moderately brief time of time while never needing to leave the home or office (flyertalk.com‚ 2013). Further‚ an end client can book from various organizations while never needing to physically move around
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E commerce and Business Start up Throughout the evaluation process of a potential new idea and in the development of new marketing strategy E-Commerce needs to be continually assessed. E-Commerce offers the entrepreneur the opportunity to be very creative and innovative; its importance is indicated in the continually increasing amount of both business to business and business to costumer e-commerce sales. It increase on the annual basis‚ according to com Score Networks‚ total Internet business
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