1)Internet risks – give examples of four things that can go wrong with a transactional site?.
* security is a major risk when conducting transaction on a transaction website. Users must be awear of the look of the website to ensure that it is authentic because if it doesnt look like it is, it is most likely that it is not. People must be able to totally trust the website they are using for transactions.
Fraud is another thing that can go wrong when using the web for a transaction. This is a risk as many personal details are given through the online process. This is most common when large money amounts are being processed.
Another risk is once paying for an item and it may never be received to the address inwhich you have asked for it to be sent, this is can be coursed because the site is a fake one.
When using transactional websites it is also another risk that you may be over charged for the product you are purchasing so you need to be aware for what a realistic price is to pay for your product.
2) write down a definition for each
a) E-Commerce - is a process that comes from e - business. E- commerce happens when a consumer purchases a product over the internet by using a transactional website instead of going into a store to hand over cash face to face.
b)E- business - is a organisation or person that places their advertisment for business on the internet, this allows consumers to be able to retrieve details about the organisation from their desks at work or at home.
3)What is the difference between buy side and sell side eCommerce?
Buy side E- Commerce is organisations purchase products or goods from a larger organisatons or wholeseller when they forward this onto consumers.
Sell side E-Commerce is the organisation selling their product onto the consumers to make money from it and therefore the public have a product or services.
4)Describe the different types of eBusiness
C2C: Consumer to Consmer such as eBay.
C2B: Consumer to Business such as any retail store like Priceline
C2G: Consumer to Government such as people providing feedback to the government
B2C: Business to Consumer such as a transaction occuring on amazon.com
B2B: Business to Business such as Media owned Emap business publications
B2G: Business to Government such as businesses providing feedback to government businesses and non-governmental organisations
G2C: Government to Consumer such as Local Government Services and National Government Information
G2B: Government to Business such as Government services and transactions
G2G: Government to Government such as exchanging .
5) Which digital technology has the highest penetration rate? Explain and source your answer.
Moblie phone has the highest penetration rate out of digital technology avabilable. There are now 4.1 billion mobile subscriptions in the world, a global penetration rate of 61.1 percent: This compares to 1.270 billion fixed line subscribers, corresponding to a penetration rate of 18.9 percent
http://moconews.net/article/419-4.1-billion-mobile-subscribers-mobile-helping-reduce-digital-divide-sli/
6)List::Four drivers to adoption of sell-side e-commerce by business
* Losing your share of the market
*Business will be perpared for the future of the growth into uses of technology.
*You are able to reach more people by provided them with more outlets to become aware and use your brand.
* You will attract new populations of markets and be able to interact easily with them.
7) Four barriers to adoption of sell-side e-commerce by business.
*Their can be a large fee to start up online and if the business is not large itself it may be a even larger risk.
*the training level of staff my not be of a high quality to be able to deal with problem that occur with technology.
*Not only is there a start up fee there is also running cost that may outweigh the profit made by having the company run online.
*problems with delieveries. Meaning that some orders may not get processed correctly therefore no delieveries made.
8)How might a restaurant in
Sturt Street Ballarat benefit from an online presence?
A restaurant would easily benefit from having an online presence as many people look online to search through for good quality food. By having a presence online it also helps customer to become aware of things such as menu and opening hours. This benefits the restaurant by attracting a new clients and may help them stand apart from others in the same industry.
By being online when a customer does a general google search for restaurant you are in with a chance to receive more business then if you werent online.
By being online and providing business contact details this allows customers to make bookings giving you larger and granerteed business.
9)What are some examples of Digital information?
There are many forms of digital information and ways inwhich to get this information. This includes internet, moblie phones, ipads, ipods, digital TV.
10)What is the semantic web? Are we there yet?
Semantic web is controlled and understood by tcomputers so we are able to search for things on the internet easily and perform taskes more effectively. We are able to see a very quick improvement in the uses of technology and things to help the web be more semantic through the invention of ipads and ipods ect. also with the use of robotics.