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E-Business
1. 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
2. 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
Dear students, get latest Solved NMIMS assignments and
case study help by professionals.
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