E Commerce Essay

3006 words - 13 pages

Assignment 1

Assignment 1 is worth 10% of your final grade, and should be completed after Lesson 3. It has two parts.

* Part A: seven short-answer questions worth a total of 35 marks
* Part B: two case analyses worth a total of 65 marks

Part A: Short-Answer Questions (35 marks total)

Answer each question in one to two paragraphs. (5 marks each)

1. What are the major similarities and differences between the Google and Yahoo business models?
Google and Yahoo are very similar, but there are also key differences between the two companies. Each site is considered a destination and is marketed as a place where consumers can fulfil their time on the internet by utilizing ...view middle of the document...

The e-distributor model describes a single-firm retail or wholesale store. The main revenue for this business is the sale of goods. An example is the online cosmetics retailer ELF (www.eyeslipsface.com) E-procurement, also known as the seller exchange, operates with a single firm that creates digital markets where buyers and sellers engage in transactions. An example of this is Oracle, one of Ariba’s main competitors. Exchanges receive most of their revenue from fees and commissions on transactions, as they are solely independently owned vertical digital marketplaces. Examples include PaperExchange or E-Steel. Lastly, industry consortiums vertical digital markets that are industry-owned and only open to select suppliers. The best example of this is Covisint, which was created by Daimler-Chrysler, Ford and General Motors.

4. What type of features and characteristics would a large business need in its electronic commerce system?
A large business will need someone very dilligent in charge of their e-commerce system because they will have to continually update the site in order to provide customers with the most up-to-date information and products available. They will also need the ability to enter products in mass quantities, because entering them manually will take up too much time an be unfair to their customers. Shipping is very important for all sizes of e-commerce solutions. For a large company, a solid shipping plan is required to distribute all the items purchased in a timely fashion. Also, a large business will need less marketing than a smaller business online because their name should already be resonant in the minds of consumers. They can spend more money on organization than on actually marketing the website.

5. What are portals, and why do they offer an important benefit to e-commerce?
Portals not only offer users search engine tools on the Web, but also packages of content and services. These extras include news, chat, email, calendars and video streaming, to name a few. Examples of portals include Yahoo and Google. The main revenue model for most portals is advertising, subscription fees and transaction fees. The important benefit they offer to e-commerce is that they provide a destination website for consumers. They are able to go to one site and have a one-stop shop for all of their wants and needs. Also, consumers trust these portals to advise them on where to shop and what entertainment to enjoy, giving them a great deal of influence in the e-commerce market.

6. Explain why it is difficult to categorize e-commerce business models.
There are a few difficulties to categorizing e-commerce business models. The main reason it is difficult is because there are many business models, with more popping up each day. Although it is easy to describe the models, there is no one correct way to categorize all of them. The approach used by the textbook includes B2C, B2B, C2C and etc. However, some of the businesses...

Other Papers Like E-Commerce

E-Commerce Essay

749 words - 3 pages Ecommerce Poland is a place of meetings and experiences exchange. During Ecommerce Poland Trade Fair the services and product providers can meet their clients, business partners and trade enthusiasts. The owners of online stores can compare the offers of over hundred Exhibitors and find the most suitable for their store. Ecommerce Poland is the unique place where you can see, hear and try the real e-commerce. Ecommerce Poland since the first

E-Commerce Essay

2681 words - 11 pages 2/24/2015 Carolina Guerraz John Cabot University E-commerce Industry Analysis Contents Introduction 2 Industry Background 2 PEST Analysis 4 Political 4 Economic 5 Social 6 Technological 7 Michael Porter’s Five Forces Analysis 7 Threat of New Entrants 7 The Power of Suppliers 8 The Power of Buyers 8 Threat of Substitutes 9 Rivalry 9 Conclusion 9 Bibliography 11 Introduction The objective of this paper is to analyze e-commerce

E-Commerce

645 words - 3 pages Tutorial 1 Question 1 Electronic commerce is the process of buying, selling, or exchanging products, services, and information via computer networks. E-business is a broader definition of EC that includes not just the buying and selling of goods and services, but also servicing customers, collaborating with business partners and conducting electronic transactions within an organization. Question 2 Partial e-commerce is when a company will

E Commerce

656 words - 3 pages How has e-commerce had an impact on a business’s functional areas? (40 marks) Functional areas of a business is the grouping of individuals on the basis of the function each performs in the organization, such as accounting, marketing, customer service and manufacturing. Marketing professionals determine the products that their companies introduce to the marketplace, often using marketing research surveys to determine what consumers need and

E Commerce

561 words - 3 pages E-commerce is the process of buying and selling of various products and services by businesses through the Internet. It deals various kind of business concern, from retail site of the consumer, which includes auction. The main focus is to concentrate on business substitutes involving goods and services between various corporations. E-commerce is the purpose of Internet and the web to Conduct business but when we concentrate on commercial deals

E Commerce

5425 words - 22 pages 08-076 August 11, 2008 E-commerce at Yunnan Lucky Air Inaki Berenguer, Cai Shijun, Li Liang, Liu Jing, Ningya Wang Preserve the essence of traditional Chinese culture while learning from successful models of the world. - Yunnan Lucky Air, statement of corporate culture Fortune had favored Yunnan Lucky Air. Four years after its founding in 2004, Lucky Air had grown into a US$104.3 million (RMB720 million) low-cost airline, serving

E-Commerce - 1386 words

1386 words - 6 pages Key Issues of Dell’s E-commerce In 1996, Dell began to sale computers via Internet. In last year, the Dell’s revenue from online sale occupied more than 25% of its total revenue. e-commerce become an important distribution channel and profit resource of Dell. Over the years, Dell reached some achievements, also got some problems in e-commerce. Pool online service The poor online service is a big problem of Dell’s e-commerce. Some

E-Commerce - 1733 words

1733 words - 7 pages 业?如果选择是,请完成A。如果选择否,请完成B。“Mass innovation and entrepreneurship”, e-commerce and IT is one of the frontiers of entrepreneurship and innovation. Do you think you are suitable for starting a new online business or a new IT solution provider? If you answer yes, please complete A. Otherwise, please go to B. A. Complete a business plan for your new online business or IT business. A business plan is a written document that identifies a company’s goals

E-Commerce - 843 words

843 words - 4 pages AACS2733 INTRODUCTION TO E-COMMERCE WRITTEN ASSIGNMENT Objective: This coursework aims to provide students an opportunity to explore into the practical dimension of the unit essentially. It will enhance student’s understandability to the world of Electronic Commerce practically. Group Assignment Students are required to form their own groups with the minimum 4 persons and maximum of 5 persons per group. Every member in the group is

E Commerce - 2015 words

2015 words - 9 pages communicate or interact with their customers on a one-on-one basis. In other words, we can call it as a E-Business. E-business is described as the use of computerised system for business purposes and it is usually with the web technology. E-business refers to a deep definition of e-commerce, it is not just the part of buying and selling goods, but also servicing clients, cooperating with business partners, and controlling electronic business

Internet E-Commerce

1053 words - 5 pages -definition/ 2. Give two examples of B2C, B2B, C2C, and social, mobile, and local e-commerce besides those listed in the chapter materials. *There are countless business to consumer e-commerce businesses. Barnes and Noble and Wal-Mart are business to consumer e-commerce businesses even though they are brick-and-mortar, they also offer Internet sales. Business to business e-commerce can include tanning lotion vendors like

Related Essays

E Commerce Essay 2589 Words

2589 words - 11 pages Introduction Even today, some considerable time after the so called ‘Internet revolution’, electronic commerce, commonly known as e-commerce or eCommerce, remains a relatively new, emerging and constantly changing area of business management and information technology. There has been and continues to be, much publicity and discussion about e-commerce. According to the editor-in-chief of the International Journal of Electronic Commerce

E Commerce Essay 912 Words

912 words - 4 pages Name : Chan Kiat Yee, Tham Tsun Chen Student ID : 15009442 , 15013998 Course Code : ENG1014 Course Name : English For Business Assignment : Argumentative Essay Weightage : 15% Title of Essay : In your opinion, will e-commerce replace the traditional business transaction within the next ten years? Justify your stand and support your arguments with reasons and examples. You should write between 600 and

E Commerce Essay 1050 Words

1050 words - 5 pages Benefit Benefits To Consumers That Use e-Commerce Maxine Jones Strayer University Professor W.E. Simonpietri Fundamentals of E-Business 107 January 30, 2011 Electronic Commerce consists of buying and selling of products and services over electronic systems, such as the internet and other computer networks. We are now able to conduct business, socialize, and trade in a more innovative way. Electronic Commerce early beginnings

E Commerce Essay 9434 Words

9434 words - 38 pages E COMMERCE * Define e-commerce? What are the benefits of using e-commerce? The term ‘electronic commerce’ has evolved from electronic shopping, to imply all aspects of business and market processes enabled by the Internet and World Wide Web technologies. DEFINITION- Sharing business information, maintaining business relationships and conducting business transactions using computers connected to a telecommunication network is called E