Essentials of MIS (13th Edition)
13th Edition
ISBN: 9780134802756
Author: Kenneth C. Laudon, Jane Laudon
Publisher: PEARSON
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Concept explainers
Question
Chapter 10, Problem 14CTP
Program Plan Intro
E-commerce:
- E-commerce denotes a commerce via internet or online facilities.
- It denotes buying or selling of products online.
- The areas of e-commerce includes:
- Online Retailing
- Electric markets
- Online Auctions
- It provides online shopping for retail sales direct to consumers via web sites.
- It uses demographic data through social media and web contacts.
- It engages in retail for launching new services and products.
- It has online financial exchanges for trading and concurrency exchanges.
Features of e-commerce:
The eight unique feature of e-commerce is shown below:
- Ubiquity:
- Internet technology is accessible to the customer everywhere.
- Global reach:
- It displays that e-commerce grows to each part of the world.
- It also allows commercial transaction among national boundaries
- Universal standards:
- It is also called as universal standards.
- These standards are used for organizing e-commerce business that is exchanged across the world.
- Richness
- Video, audio, and text messages are possible in these features.
- These features are merged into single marketing message and consumer experience.
- Video, audio, and text messages are possible in these features.
- Interactivity:
- This features works by communication with the user. The communication is done by two-way method that is the consumer and supplier.
- Information density:
- Here the technology decreases the information costs.
- It improves the currency, accuracy and quality.
- Personalization/Customization:
- This feature is used to deliver the personalized message to individual and also to groups.
- Social technology:
- It supports the content generation and social networking.
Program Plan Intro
E-commerce:
- E-commerce denotes a means of commerce via internet or online facilities.
- It denotes buying or selling of products online.
- The areas of e-commerce includes:
- Online Retailing
- Electric markets
- Online Auctions
- It provides online shopping for retail sales direct to consumers via web sites.
- It uses demographic data through social media and web contacts.
- It engages in pretail for launching new services and products.
- It has online financial exchanges for trading and concurrency exchanges.
Features of e-commerce:
The eight unique feature of e-commerce is shown below:
- Ubiquity:
- Internet technology is accessible to the customer everywhere.
- Global reach:
- It displays that e-commerce grows to each part of the world.
- It also allows commercial transaction among national boundaries
- Universal standards:
- It is also called as universal standards.
- These standards are used for organizing e-commerce business that is exchanged across the world.
- Richness
- Video, audio, and text messages are possible in these features.
- These features are merged into single marketing message and consumer experience.
- Video, audio, and text messages are possible in these features.
- Interactivity:
- This features works by communication with the user. The communication is done by two-way method that is the consumer and supplier.
- Information density:
- Here the technology decreases the information costs.
- It improves the currency, accuracy and quality.
- Personalization/Customization:
- This feature is used to deliver the personalized message to individual and also to groups.
- Social technology:
- It supports the content generation and social networking.
Program Plan Intro
E-commerce:
- E-commerce denotes a means of commerce via internet or online facilities.
- It denotes buying or selling of products online.
- The areas of e-commerce includes:
- Online Retailing
- Electric markets
- Online Auctions
- It provides online shopping for retail sales direct to consumers via web sites.
- It uses demographic data through social media and web contacts.
- It engages in pretail for launching new services and products.
- It has online financial exchanges for trading and concurrency exchanges.
Features of e-commerce:
The eight unique feature of e-commerce is shown below:
- Ubiquity:
- Internet technology is accessible to the customer everywhere.
- Global reach:
- It displays that e-commerce grows to each part of the world.
- It also allows commercial transaction among national boundaries
- Universal standards:
- It is also called as universal standards.
- These standards are used for organizing e-commerce business that is exchanged across the world.
- Richness
- Video, audio, and text messages are possible in these features.
- These features are merged into single marketing message and consumer experience.
- Video, audio, and text messages are possible in these features.
- Interactivity:
- This features works by communication with the user. The communication is done by two-way method that is the consumer and supplier.
- Information density:
- Here the technology decreases the information costs.
- It improves the currency, accuracy and quality.
- Personalization/Customization:
- This feature is used to deliver the personalized message to individual and also to groups.
- Social technology:
- It supports the content generation and social networking.
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Chapter 10 Solutions
Essentials of MIS (13th Edition)
Ch. 10.2 - Prob. 1CQ1Ch. 10.2 - Prob. 2CQ1Ch. 10.2 - Prob. 3CQ1Ch. 10.2 - Prob. 4CQ1Ch. 10.3 - Prob. 1CQ2Ch. 10.3 - Prob. 2CQ2Ch. 10.3 - Prob. 3CQ2Ch. 10.3 - Prob. 4CQ2Ch. 10 - Prob. 1IQCh. 10 - Prob. 2IQ
Ch. 10 - Prob. 3IQCh. 10 - Prob. 4IQCh. 10 - Prob. 5IQCh. 10 - Prob. 6IQCh. 10 - Prob. 7IQCh. 10 - Prob. 1RQCh. 10 - Prob. 2RQCh. 10 - Prob. 3RQCh. 10 - Prob. 4RQCh. 10 - Prob. 5RQCh. 10 - Prob. 6RQCh. 10 - Prob. 7DQCh. 10 - Prob. 8DQCh. 10 - Prob. 9DQCh. 10 - Prob. 10HMPCh. 10 - Prob. 11HMPCh. 10 - Prob. 14CTPCh. 10 - Prob. 15CSQCh. 10 - Prob. 16CSQCh. 10 - Prob. 17CSQCh. 10 - Prob. 18MLMCh. 10 - Prob. 19MLM
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Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, computer-science and related others by exploring similar questions and additional content below.Similar questions
- Find a website that you like or that you use often. Answer the following questions:1. What do you like about this website? 2. What do you dislike about this website? 3. What specifically would you change about this website? 4. How well does this website work for communicating in business?arrow_forwarda) Conduct a quick investigation into two successful web firms that do not rely on advertising for income, and write a report on both of them.b) Locate a website that you believe is successful in establishing a strong online presence. What makes you believe this website is worthwhile? Find a website that does not, in your view, provide an effective digital presence. What are the issues with this website, and what can be done to fix them?arrow_forwardRead the case study below and answer the questions that follow. The Amazon Effect: How do E-commerce Companies Make Money?Source: https://hackernoon.com/the-amazon-effect-how-do-e-commerce-companiesmake-money-720fc4daeba5Amazon is the ecommerce titan the industry has been waiting for. Net sales have been rising since 2014. In 2016, Amazon grabbed 70% of the total sales, and service sales have only been growing since then. For all those wondering is ecommerce profitable, the answer lies in Amazon’s undeniable success, so much as that the “Amazon Effect” has even entered the lexicon of industry analysts. In terms of operating income, growth has been driven by high margins from service sales. Revenue sources, AWS services and Amazon Prime subscriptions have been rising at phenomenal rates, too. A revenue generation model is a critical component of the ecommerce business plan. Anybody looking to understand how to start a successful ecommerce business needs to understand that making money…arrow_forward
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