Thursday, April 1, 2010

Chapter 3 Questions: E-Commerce

What is an IP address? What is it's main function?

An IP address is where every computer is given a different number out of the whole world. The main function of an IP address is to allow computers to communicate with each other. An IP address is also referred to as Transmission Control Protocol or Internet Protocol.

What is Web 2.0? How does it differ from Web 1.0?

Web 2.0 is also known as a live web. This is where users join forces and establish their very own material. Web 1.0 however is a one way published web.

What is Web 3.0?


This is a new concept that changes a web into a database and is an evolutionary path to artificial intelligence. An example of this is through the use of tagging people in a photo.





Describe what different methods an organisation can use to access information:

An organisation can use the following to access information:

One method that a business can use to access information is through the organisation's intranet. This is a private section on the internet that only employees or employers can access if they wish to seek information or software applications. Another method is through using using portals as it is a webpage that combines many systems to appear on one page. A business can also use the extranet where it is likewise an intranet but allows other firms, appropriate groups and executive partners on the intranet to share certain types of data.

What is eBusiness? how does it differ from eCommerce?

This is where a business is done through the internet. Customer service and collaborating with business partners is also conducted, not just buying and selling goods. E-commerce refers to buying and selling goods over the internet.

List and describe the various eBusiness models:




List 3 metrics you would use if you were hired to assess the effectiveness and the efficiency of an eBusiness website:


1. Determine how long people spend on a site
2. Obtain demographic information
3. Utilise e-Business data to identify at what times people buy or sell
something over the internet so that the business can market.

Outline 2 opportunities and 2 challenges faced by companies doing business online:

Below is a chart illustrating both opportunities and challenges that companies could potentially face whilst doing business online.



References:

Baltzan, Phillips, Lynch, Blakey. Business Driven Information Systems. 1st Australian/New Zealand Edition. Mc Graw Hill. 2010.

davidEPN's Channel 2007, YouTube, viewed 4 April 2009, http://www.youtube.com/watch?v=bsNcjya56v8.

explainingcomputers' Channel 2007, YouTube, viewed 4 April 2009, http://www.youtube.com/watch?v=7BAXvFdMBWw&feature=fvw

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