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Question 1:
(a) Explain the difference between the storefront model and the auction model in e-commerce.
(b) A company would like to extend its business over the Internet. List the required steps for that to happen.
(c) Explain, with the aid of examples, the difference between B-2-B and B-2-C business strategies over the Internet.
Question 2:
Write a small business plan for a commercial centre which would like to implement an e-commerce portal for its retail shop and its food court. The site will implement an Internet payment system through a bank and will charge 3% on all transactions. The commercial centre, however, imposes that there is an electronic transfer of stocks between its system and the retail shops.
Question 3:
(a) Explain how the Internet has changed the way businesses can be conducted.
(b) Explain the meaning of Secure Socket Layer and its importance in securing e-commerce sites.
(c) Explain the methods by which Internet payment can be enabled on an e-commerce site.
The major environmental pressures are summarized as the three Cs Customers competition and change. 1. Customers today known what they want what they are willing to pay
explain the generic framework of ecommerce with diagram
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