Friday, September 24, 2010

Week 4 – E business

What is an IP Address? What is its main function?

IP (internet protocol) is the basic communication language or protocol of the internet. It can also be used as a communications protocol in a private network. Each computer on the internet has its own IP address; these can be public or private however each is unique. Domain Name System is used to translate a url into an IP address. Every web address has an IP address.

What is Web 2.0, how does it differ from 1.0?

Web 1.0 – one way information, no interaction & passive

Web 2.0 - is live web. Users can collaborate and build their own content. Its involves social networking, collaboration, user build contact, user can update, create and edit, business opportunities and content, interactive. Businesses use it to enable access to critical business application for employees and customers Examples include Facebook, MySpace , Flicka etc. The Government New Grocery Watch is a good example of web 2.0 being used effectively.

What is Web 3.0?

Web 3.0 uses the concept of tagging to build information about you, your devises talk to each or and build intelligence about you. Web 3.0 is semantic web encompasses the following:

- Transforming the web into a data base

-An evolutionary path to artificial intelligence

-Search for information using different media

- Evolution towards 3D

-Data basing internet

-Tags (on video & photos)

-Build data base

-Search for media

What is eBusiness, how does it differ from eCommerce?

eBusiness is the conduction of business on the internet including, not only buying and selling but also serving customers and collaborating with business partners. eCommerce is the buying and selling of goods and services over the internet.

What is pure and partial eCommerce?

Pure eCommerce is business that operates on the internet only without any physical store e.g. Amazon.com. Partial eCommerce is business that is primarily done in the physical world although some ecommerce activities are conducted .

List and describe the various eBusiness models?



List and describe the major B2B models?

- Sell-side: Emarketplace -niche web based marketplace which one compnay sells to mnay business buyers from online catologs or auctions . eProcurment : electronic acquistion of goods and services for organisations which enables employees to buy directly for suppliers.

- Buy-side : corportae based acquisition site that uses reverse auctions , negotiations, group purchasing or any other e-procurement method .

- Electronic exchange

- Collaborative commerce



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

Opportunities: Growth of the business for example an international base & exposure to a wider audience/ potential customers.

Challenges: IT problems such as technical failures or computer crashing and a lot of competition/other websites.

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