[2-1] What are some of the major advantages and disadvantages of being a first mover? [2-2] ...

[2-1] What are some of the major advantages and disadvantages of being a first mover?

[2-2] What are five of the major differences between the early years of e-commerce and today’s e-commerce?

[2-3] Why is a multidisciplinary approach necessary if one hopes to understand

e-commerce?

[2-4] What are some of the privacy issues that Facebook has created?

[2-5] Describe the five primary revenue models used by e-commerce firms.

[2-6] Would you say that Amazon and eBay are direct or indirect competitors? (You may have to visit the websites or apps to answer.)

Project

[P1-1] Examine the experience of shopping online versus shopping in a traditional environment. Imagine that you have decided to purchase a digital camera (or any other item of your choosing). First, shop for the camera in a traditional manner. Describe how you would do so (for example, how you would gather the necessary information you would need to choose a particular item, what stores you would visit, how long it would take, prices, etc.). Next, shop for the item on the Web or via a mobile app. Compare and contrast your experiences. What were the advantages and disadvantages of each? Which did you prefer and why?

Expert Solution

Rahul Sunny answered 1 year ago

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