MI0039- E-COMMERCE

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ASSIGNMENT

 

 

 

Note: Answer all questions. Kindly note that answers for 10 marks questions should be approximately of 400 words. Each question is followed by evaluation scheme.

 

Q.1 a. Briefly explain the mails goals of E-Commerce.

 

Ans : Goals of E- commerce :

 

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.

 

 

 

 

b. What are the disadvantages of ecommerce?

 

Ans : 1. Ecommerce Lacks That Personal Touch:

 

Not that all physical retailers have a personal approach, but I do know of several retailers who value human relationship.

 

2. Ecommerce Delays Goods:

 

 

 

 

 

Q.2 Explain your understanding of online information service with the help of a diagram.

 

Ans : Introduction :

 

An online service provider can for example be an internet service provider, email provider, news provider (press), entertainment provider (music, movies), search, e-shopping site (online stores), e-finance or e-banking site, e-health site, e-government site etc.

Network infrastructure is required for e-commerce to transport content. I-way is a high-capacity, interactive electronic pipeline used to transfer

 

 

 

Q.3 For many years companies have been using computers to send business documents instead of mailing paper documents (i.e. most of our pay checks are directly deposited into our bank accounts). This transfer of funds is accomplished by the use of an electronic file being sent from your company to your bank). The problem was that the all employed proprietary used unique formats to pursue this task. The absence of a standard format led to the condition where computers could no longer “talk” to one another without a great deal of effort by programmers. For example, Supplier X could recognize an electronic Purchase Order from Retailer A but not from Retailer B. To avoid the above condition ANSI formulated a committee for the entire world to have standardised format for the electronic transaction.

What is the name of the standard? Discuss the working concepts of that standard.

 

Ans : Recognition of standard :

 

The standard formulated by ANSI for electronic transaction was EDI for e commerce.

 

Components of EDI :

 

1.  Translator and mapper:

 

As received, an EDI transaction set contains all the information about a purchase order or payment, but not in a form that is either human-readable or usable by any other electronic business software

 

2. Communication tools :

 

 

 

 

Q. 4 Mobile advertising has become a no-brainer for some brands to drive in-store traffic and online revenue. This is possible only after the growth of Mcommerce. Define Mcommerce. Describe the areas of its potential growth and future of Mcommerce.

 

Ans : Definition of M-Commerce :

 

M-commerce does not have any precise definition. m-Commerce and its definition varies from every individual. m-Commerce is called as next generation e-commerce. The process of buying and selling of goods and services through wireless devices such as cellular telephone and personal digital assistants (PDAs) is called as m-commerce. The newly appearing technology behind m-commerce is based on the Wireless Application Protocol(WAP). The

 

 

Q.5 Explain about the e-commerce Sales Life Cycle model.

 

Ans :  E-commerce can be divided into:

E-tailing or “virtual storefronts” on websites with online catalogs, sometimes gathered into a “virtual mall”

• Buying or Selling on various websites and/or online marketplaces
• The gathering and use of demographic data through Web contacts and social media
• Electronic Data Interchange (EDI), the business-to-business exchange of data
• E-mail and fax and their use as media for
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• Q.6 Explain the working of e-Cash and list the properties of e-Cash.

 

Ans : Working of e-Cash :

 

E-Cash is committed to recruiting quality people and developing their potential in order to expand their careers and to become participants in sustaining its competitive edge. The Company commits itself to an equity programme to accelerate its culture of diversity . Ecash is used over the Internet, email, or personal computer to other workstations in the form of secured payments of “cash” that is virtually untraceable to the user.

 

Dear students get fully solved assignments

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