What are the benefits and risks of E-commerce
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What are the benefits and risks of E-commerce?
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- Question 1 a) Describe what is E-Commerce? b) What is the difference between “Brick and Mortar Business” compare to “Click and Brick Business”? c) What are the advantages of E-Commerce?Question: What are the four information technology components ?Ethics in e-commerce transactions The internet has come as a strong alternative way of physical commerce. The internet itself is a global phenomenon, with over 3 billion users worldwide in 2015, ups from 420 million in 2000 and one billion in 2005. In the developing world, 31% of the population is online, compared with 77% in the developed world. In particular, the phenomenal growth in firms’ use of the Internet for business transactions has led to the emergence of B2B e-commerce, in which many buying and selling firms access a given website to transact their business. E-commerce between firms has a broader scope than e-commerce between firms and consumers. The incredible growth of e-commerce presents ethical issues as the Internet presents a new environment for unethical behaviour. Although many businesses acknowledge the importance of e- commerce activities, little attention has been paid to the business community’s perceptions of theethicality of this new media. Question Your…
- Question 5 What do you understand by Business? Define a business in terms of offer, market, production and delivery capabilities.Question: What is energy management? Elaborate energy audit process/steps.Question 1 Clinton Public Company Limited placed an advertisement on their web page as follows; “Anyone interested in going to the moon? We can provide this service to you at a cost of Five million dollars. Call 800-MOON and book your flight.” Donald’s dream since he was a kid is be the first in his family to go to the moon. He heard about the advertisement, via a friend and immediately logged on to Clinton’s web page for further details. Donald immediately thereafter called 800-MOON and booked his trip for December 22nd 2020, because he wanted to spend Christmas on the moon. Donald’s wife Daisy subsequently discovered what her husband planned to pursue for the Christmas holidays and is furious. She was hoping that he should use his available monies to buy her a brand new Lamborghini. She confronted him on the issue and after a few hours of arguments, he agreed to buy her the Lamborghini and forsake his much-anticipated trip to the moon. Donald called Clinton…
- Question 3Explain the three strategies that are available for distribution of goods.Question 2State the difference between different type e-commerce business model. Example each e-commerce business model with help of example. Consider that you want to start e-commerce business, which business model you want consider? What are the computer technology will be used in order to setup and managing your e-commerce business?Question 3.1 There are many factors that contribute to the success, or otherwise, of the implementation of an information security management policy in an organisation. Interpret the factors that must be considered when drafting an information and security management policy.
- Question Read the article below and answer the questions that follow. The relationship between product innovation and global supply chain strategy has vital implications for the mobile handset industry. A few interesting developments in recent times, such as innovations being carried out in the sphere of how components and operating systems for smartphones are determined by various players and how quickly devices can be brought to the market, are reflections of this importance. The stakes involved are increasingly becoming higher, to the point where company fortunes and long-term presence is dependent on them.LG had to replace its CEO Nam Yong in September 2010 and Koo Bon-joon, the brother of the Chairman of LG Group, took over. Coincidentally, the Chief Executive of Nokia, Olli-Pekka Kallasvuo, was also replaced, in this case by Stephen Elop, the Business Manager of Microsoft at the same time. The CEOs of both Nokia and LG had to step down due to their respective company’s…QUESTION 1.3 A point of sale (POS) is a place where a customer executes the payment for goods or services and where sales taxes may become payable. A POS transaction may occur in person or online, with receipts generated either in print or electronically. Critically assess the ways POS systems enhance data security and privacy for customers and businesses.Provide relevant examples to expand on the relevant waysQuestion MGMT Bakehouse Inc supplies bread, cakes and other specialty products, to a large percentage of the country; to the following customer types. Retailers e.g. supermarkets, who sell baked goods to the public, and MGMT Bakehouse Inc delivers to the retailers. Wholesalers also sell to the public, but come to MGMT Bakehouse Inc directly to collect their baked goods. Finally institutions like hotels and hospitals, to whom MGMT Bakehouse Inc delivers directly, buy baked goods to incorporate into offering for their clients e.g. guests menus and patient meal plans. From the ordering of flour and other ingredients to the processing of cash, receivables and payables, the company uses an integrate ERP with a common database for all of its business processes. Internally MGMT Bakehouse Inc is organized into the following departments: Production which bakes the bread; Distribution that delivers the bread; Sales Department where customer orders and wholesale pickups are managed; Marketing…