What is an IP Address? What is it’s main function?
An Internet Protocol (IP) can be referred to as the basic communication language or protocol of the internet, it is a set of standards that specify the format of data as well as the rules to be followed during transmission. An IP address can either be public or private however each one is unique.
An IP's main function is to allow data to move around the internet.
An IP's main function is to allow data to move around the internet.
What is Web 2.0, how does it differ from 1.0?
Web 2.0 is referred to as the Live Web as users are able to build and collaborate their own content. Businesses are using web 2.0 as a way of enabling access to critical business applications for customers and employees.
Web 2.0 has enabled changes, to web 1.0, in the ways software developers and end-users use the web as a platform. Web 2.0 has made the information retrievable by web 1.0, more efficient and relative to the world of business. An example of this is, while web 1.0 showed the number of page views on a particular site, web 2.0 now shows the cost per click on the same site.
What is Web 3.0?
Web 3.0 builds information about a person using the concept of tagging. The semantic web is an evolving extension of the World Wide Web in which web content can be expressed in a format that can be read and used by software agents. The semantic web provides a framework that allows data to be shared and reused across various applications.
What is eBusiness, how does it differ from eCommerce?
E-Business is the conducting of business on the internet. While E-Commerce is only the buying and selling of goods over the internet, E-Business also includes serving customers and collaborating with business partners.
What is pure and partial eCommerce?
Pure and Partial E-Commerce means that the product, process or delivery agent can be physical or digital.
List and describe the various eBusiness models?
Business to Business (B2B)
Business buying from and selling to each other over the internet
Business to Consumer (B2C)
A business that sells it's products or services to consumers
over the internet
Consumer to Business (C2B)
Any consumer that sells a product or service to a business
over the internet
Consumer to Consumer (C2C)
Sites primarily offering goods and services to assist consumers in interacting with each other over the internet
List and describe the major B2B models?
Sell-Side-E-Marketplace
A web based niche marketplace in which one company sells to many business buyers from e-catalogues or auctions
E-Procurment
The electronic acquisition of goods and services for organisations which allows consumers to buy directly from the supplier
Buyer Side Market Place
A corporate based acquisition site that uses reverse auctions, negotiations, group purchasing or any other e-procurement method. This model automates ordering, fulfillment and sales data analysis.
Outline 2 opportunities and 2 challenges faced by companies doing business online?
Opportunities
What is eBusiness, how does it differ from eCommerce?
E-Business is the conducting of business on the internet. While E-Commerce is only the buying and selling of goods over the internet, E-Business also includes serving customers and collaborating with business partners.
What is pure and partial eCommerce?
Pure and Partial E-Commerce means that the product, process or delivery agent can be physical or digital.
List and describe the various eBusiness models?
Business to Business (B2B)
Business buying from and selling to each other over the internetBusiness to Consumer (B2C)
A business that sells it's products or services to consumers
over the internet
Consumer to Business (C2B)
Any consumer that sells a product or service to a business
over the internet
Consumer to Consumer (C2C)
Sites primarily offering goods and services to assist consumers in interacting with each other over the internet
List and describe the major B2B models?
Sell-Side-E-Marketplace
A web based niche marketplace in which one company sells to many business buyers from e-catalogues or auctions
E-Procurment
The electronic acquisition of goods and services for organisations which allows consumers to buy directly from the supplier
Buyer Side Market Place
A corporate based acquisition site that uses reverse auctions, negotiations, group purchasing or any other e-procurement method. This model automates ordering, fulfillment and sales data analysis.
Outline 2 opportunities and 2 challenges faced by companies doing business online?
Opportunities
- Saving on the cost of running a physical store (eg. rent)
- Efficient way of monitoring sales
Challenges
- Handling return of unwanted or damaged goods
- Packaging product efficiently to avoid damage on arrival (DOA) and organising fast delivery to consumer
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