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E-Business
- Cyberspace security is becoming a growing concern and it is essential for an e-business to secure its environment. Discuss about the security threats that you are aware of in case of e-businesses. (10 Marks)
Answer:
INTRODUCTION
E-Commerce refers to the activity of buying and selling things over the Internet. Simply, it refers to the commercial transactions which are conducted online. E-commerce can be drawn on many technologies such as mobile commerce, Internet marketing, online transaction processing, electronic funds transfer, supply chain management, electronic data interchange (EDI), inventory management systems, and automated data collection systems.
E-commerce threat occurs
- Generating sustainable revenue is the objective of every business. With the rapid adoption and penetration of the technology enabled devices, e-businesses are gaining more and more prominence. Discuss the various revenue models and the associated issues for an e-business. (10 Marks)
Answer:
INTRODUCTION
What is E-business? E-business (electronic business) is the conduct of business processes on the Internet. These e-business processes include buying and selling goods and services, servicing customers, processing payments, managing production control, collaborating with business partners, sharing information, running automated employee services, recruiting, and more.
E-business can comprise a range of functions and services. They range from the development
3. You have been hired by a promising startup in the e-commerce space as a consultant to enhance their business productivity. Post the initial survey you discovered that the company is still replying on traditional tools and methods for their business operations. They are using conventional tools like MS Excel to store their customer data, product data etc. Every time when some information is needed, their executives have to find and retrieve the same manually. Again, while communicating with various stakeholders (like customers, suppliers etc.) they are still relying on conventional 3rd party emails. Thus, the executives are not only using multiple systems, they also need to move from one to another while maintaining and sustaining the operations manually. This is lowering the efficiency of the company and increasing the turnaround time by a huge margin. In order to enhance the effectiveness of their operations, you decided to meet and explain to the management about the various software that are typically useful for e-businesses like theirs.
a. What would you tell them about the functions of e-commerce software? (5 Marks)
Answer:
(a)
INTRODUCTION
Ecommerce software is the engine behind an online store’s scenes, making it possible to easily manage inventory, add or remove products, calculate taxes, and everything else required to manage a website and fulfil orders.
Ecommerce software simplifies intricate processes in a friendly user interface that enables people with non-technical backgrounds to oversee an entire ecommerce operation. Despite the ease of
(b) What are the various kinds of e-commerce software that you are aware of? (5 Marks)
INTRODUCTION
Ecommerce software simplifies intricate processes in a friendly user interface that enables people with non-technical backgrounds to oversee an entire ecommerce operation. Despite the ease of use that ecommerce software brings to an online business, it is a multifaceted and complex
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