Question

In: Economics

1- Identify and describe the unique features of e-commerce technology and discuss their business significance؟ 2-Explain...

1- Identify and describe the unique features of e-commerce technology and discuss their business significance؟

2-Explain the process that should be followed in building an e-commerce web site؟

3-Identify the tools used to establish secure internet communication channels and protect network, servers, and client؟؟؟؟

Solutions

Expert Solution

Various unique features of E-commerce are:-

  1. Ubiquity:-

It means the internet or web technology is available every where at any time.

Business significance::-

Market place extended beyond traditional boundaries.

Removed from geographic location.

Brings customer convenience.

Reduce shopping cost.

2.Global reach:-

Technology reaches across national boundaries around the earth.

Business significance:-

It is enabled across cultural and national boundaries.

Contains billions of customers and businesses.

Universal standards:-  

There is one set of Technology standards called internet standards.

Business significance:-

This is a technological media standard available across the globe.

Richness:-

Video, Audio and text messages are possible.

Business significance:-

These medias are integrated into a single marketting message.

Consuming experience.

5. Interactivity:-

Technology works through interaction with user.

Business significance:-

Makes consumer a participant in delivering goods to market.

Consumers engage in a dialogue.

6.Information density:--

It reduces information cost and raises quality.

Business significance:-

Reduces information processing,storage and communication caused.

Improves currency,accuracy and timeliness.

7.Personalization:-

Allow personal messages to be delivered to individuals as well as groups.

Business significance:-

Personalizations are based on individuals characteristics.

2. Important steps in building an E-COMMERCE website are:-

1.Identify the product or service and the customer.

2. Choose a website development platform.

3. That helps in any online business as its foundation.

4. Choose the right website hosting platform.

  • It helps in determining our websites Accessibility and performance.

Choose the right E-COMMERCE development platform.

a.partners must be genuine and must offer the best.

5. E-COMMERCE website testing:-

It involves checking the website for bugs, usability

It can be either manual or automated.

6. Marketting:-

A well planned marketting strategy helps in getting the right audience at right time.

3. The various tools used to establish secured Internet communication channels.are:-

Software and hardware firewalls:-

Frequently used to prevent unauthorized users from accessing private networks .

Public key Infrastructure:-

For supporting the distribution and identification of Encrypted keys and Enabling users to exchange data securely

Encryption software:-

Software to Encrypt and decrypt data.

Digital certificates:-

Certificates which provides security applications of the public key infrasructure to the users.

Digital structure:-

Binds peer or entity to digital data

Guarantees the Integrity of data.

Biometrics:-

They are the Authentication techniques based on the physical characteristics like face, finger print, voice signature, Iris scan etc.

  


Related Solutions

Describe the main chordate features and explain the significance of these features.
Describe the main chordate features and explain the significance of these features.
Describe the concept of convergence and how it relates to technology and e-commerce.
Describe the concept of convergence and how it relates to technology and e-commerce.
Activity 2: E-Commerce TASKS 2.1 Identify an online e-commerce store of your choice and clearly show...
Activity 2: E-Commerce TASKS 2.1 Identify an online e-commerce store of your choice and clearly show with evidence how they are abiding or diverting from the South African Protection of Personal Information Act 4 of 2013. 2.2 E-commerce stores adopt different Payment Systems for Electronic Commerce. Identify the different payment methods adopted by any clothing online store of your choice. Provide evidence supporting your responses. 2.3 Highlight security measures that have been adopted by e-commerce stores in South Africa and...
State and describe FIVE features of technology and their impact on the business environment.
State and describe FIVE features of technology and their impact on the business environment.
Explain the main functionalities and features included in e-commerce servers. What factors should be included in...
Explain the main functionalities and features included in e-commerce servers. What factors should be included in the decision-making process for choosing from among the various e-commerce merchant server software packages?
Define e-commerce and describe its advantages, disadvantages, and business models What are the advantages of business-to-business...
Define e-commerce and describe its advantages, disadvantages, and business models What are the advantages of business-to-business (B2B) e-commerce? Describe at least two categories of social networks and online media that collectively constitute social commerce.
You are tasked with developing a Web site for a new e-commerce business. In 1–2 paragraphs,...
You are tasked with developing a Web site for a new e-commerce business. In 1–2 paragraphs, describe how will you start the process of collecting the requirements for the project. Include the following in your answer: The types of requirements you need to consider, such as business requirements, business rules, constraints, external interfaces, and so forth Identify the three levels of requirements and how the different types of requirements will map to these levels How the different stakeholders will participate...
Giving relevant examples,discuss the various transaction processing in e-commerce based on the following; 1.transactions and e-commerce...
Giving relevant examples,discuss the various transaction processing in e-commerce based on the following; 1.transactions and e-commerce 2.overview of transaction processing 3.transaction processing in e-commerce 4.keeping business records,audit,backup 5.high availability systems 6.replication and scaling 7.implementation
Q2 .what is relationship between E-BUSINESS ,E-COMMERCE AND DIGITAL BUSINESS ?
Q2 .what is relationship between E-BUSINESS ,E-COMMERCE AND DIGITAL BUSINESS ?
Please list and discuss three features of business spending that make it unique--that set it apart...
Please list and discuss three features of business spending that make it unique--that set it apart form the other areas of total spending. Why is business spending so important to our economy?
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT