BNT402 – E-COMMERCE

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ASSIGNMENT

 

WINTER 2013
PROGRAM BSc NT
SEMESTER iv
SUBJECT CODE & NAME BNT402 – E-COMMERCE
CREDIT 4
BK ID B1186
MAX. MARKS 60

 

Questions

 

1 Define E-Commerce. List any eight benefits of E-Commerce

Answer : When you read the following list of advantages of ecommerce for businesses and customers, you will get the sense that ecommerce is the holy grail of retail. To see the other side of the coin, do not miss out on my article about the disadvantages of ecommerce.

 

1. Overcome Geographical Limitations

If you have a physical store, you are limited by the geographical area that you can service. With an ecommerce website, the whole world is your playground. Additionally, the advent of mcommerce, i.e., ecommerce on mobile devices, has dissolved every remaining limitation of geography.

2. Gain New Customers With Search Engine Visibility

Physical retail is driven by branding and

 

 

 

2 Explain four primary function of Portal. Also its give advantages.

 

Answer : Traditionally, a portal denotes a gate, a door, or entrance. In the context of the World Wide Web, it is the next logical step in the evolution to a digital culture. Web pages are not completely self-referential anymore, but allow for personalization, workflow, notification, knowledge management and groupware, infrastructure functionality, and integration of information and applications. The idea of a portal is to collect information from different sources and create a single point of access to information – a library of categorized and personalized content. It is very much the idea of a personalized filter into the web.

 

 

 

 

 

3 Brief the following

a. Telnet

Answer : Telnet is a user command and an underlying TCP/IP protocol for accessing remote computers. Through Telnet, an administrator or another user can access someone else’s computer remotely. On the Web, HTTP and FTP protocols allow you to request specific files from remote computers, but not to actually be

 

 

 

b. POP

Answer : In computing, the Post Office Protocol (POP) is an application-layer Internet standard protocol used by local e-mail clients to retrieve e-mail from a remote server over a TCP/IP connection.POP has been developed

 

 

 

4 What are the features of Knowledge Management Tools? Explain Knowledge Management Strategies for Different Organizations?

Answer : Knowledge Management System (KM System) refers to a (generally IT based) system for managing knowledge in organizations for supporting creation, capture, storage and dissemination of information. It can comprise a part (neither necessary nor sufficient) of a Knowledge Management initiative.

 

 

 

5 Discuss any five modern payment systems

Answer : A payment is the transfer of an item of value from one party (such as a person or company) to another in exchange for the provision of goods, services or both, or to fulfill a legal obligation.

The simplest and oldest form of payment is barter, the exchange of one good or service for another. In the modern world, common means of payment by an individual include money, cheque, debit, credit, or bank transfer, and in trade such payments are frequently preceded by an invoice or result in a receipt. However, there are no arbitrary limits on the form a payment can take and thus in complex transactions between businesses, payments may take the form of stock or other more complicated arrangements.

 

 

6 Define supply chain management? Explain any four major functions of supply chain management.

Answer : Supply chain refers to all the facilities and processes used in supply of goods and services; from procurement of raw material, through manufacturing operations, up to delivery to final user, and supply chain management (SCM) refers to Management of all operations within a company impacting and interfacing other sections of the supply chain to improve entire supply chain performance.

 

The main functions and components of SCM include:

 

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