Week1 Introduction

Q1:Internet risks – give examples of four things that can go wrong with a transactional site?Internet created new way for buying and selling things. It largely reduced the cost of seller and buyer. It also become more convenient  for those people who do not want to interact with buyer or seller. However,there are many risks with transaction site. For example:

1:buyers may receive goods which are different with what they ordered and seen online.The quality of the goods may be not as good as what the buyer promoted.


2:Hacker may use customer confidential information. they may be use these for financial gain.


3:the buyer may not receive the goods because the transaction site is a fake one.


4:you could be get overcharged and could not get refund


Q2: E-business and e-commerce are distinct from each other. In e-commerce, information and communication technology is used for inter-business or inter-organizations transactions and business-to-customer transactions. However, in e-business, ICT is use to enhance one's business through any process that business conducts over a computer mediated network. The primary process of e-business including customer focused process, production process and internal management process. 
http://www.apdip.net/publications/iespprimers/eprimer-ecom.pdf


Q3: What is the difference between buy side and sell side eCommerce?
e-commerce transaction between organizations can be considered from two perspectives: sell-side from the perspective of the selling organization and buy-side from the perspective of the buying organization.
Buy-side e-commerce refers to transactions to procure resources needed by an organization from its suppliers. 
Sell-side e-commerce refers to transactions involved with selling products to an organization’s customers. 

Q4: Describe the different types of e-Business

E-business communication including:

1.B2B commerce which is the electronic transaction between two different firms or business units.

2.B2C commerce is business to customer electronic transaction

3.Intra B commerce - under this, the parties involved are 2 persons or departments of some business unit. 

4.C to C commerce- under C to C commerce, both the parties involved are customers. it is required for buying and selling of those goods for which there is no established markets are available.

 http://wiki.answers.com/Q/What_are_types_of_e-business#ixzz1fYdRSmjC

Q5: Which digital technology has the highest penetration rate? Explain and source your answer.

Mobile phones has the highest penetration rate. According to survey, almost 76% of people using mobile phones instead of the other digital technology such as fixed telephone lines in 2010.

source: http://www.itu.int/ITU-D/ict/statistics/

Q6:List::Four drivers to adoption of sell-side e-commerce by business.

There are many tangible and intangible benefits of sell-side e-commerce. 

1:business can avoid losing market shares to those business which already adopted sell-side e-commerce.

2:it can reduce cost such as rent and other business operation cost.

3:increase the quality and service that offered.

4:more repeat and more responsive marketing communications.

Q7: Four barriers to adoption of sell-side e-commerce by business.

1. Technical problems: some companies are fear of technology.

2. Costs: companies need to hire skilled people which need more salary. they may also need to provide training course.

3: Security and trust Issues: companies or consumers may worry about the frauds during the online transactions, they are lacking confidence of the safety of the internet.

4,Business type: Some companies may not need e-business. such as grocery food store. 

Q8: How might a restaurant in Sturt Street Ballarat benefit from an online presence?


1: Advertising, it can increase its popularity and attract more potential customer. On the other hand, the good customer comment on its website can also attract new customer.


2: Easier for potential customer find out the restaurant address. Especially for tourists. They are more likely to choose a restaurant from Internet. For the restaurant in Ballarat, it is very important to have their online presence in order to be  known to the tourists and to be competitive.

Q9: What are some examples of Digital information?
Digital information can be internet, mobile phones, DVD's, VCD's and so on.

Q10: What is the semantic web? Are we there yet?
Berners-Lee defines the Semantic Web as “a web of data that can be processed directly and indirectly by machines.”We can use computers to search for documents, but they still have to be read and interpreted by humans before any useful information can be extrapolated. Computers can present you with information but can’t understand what the information is well enough to display the data that is most relevant in a given circumstance. The Semantic Web, on the other hand, is about having data as well as documents on the Web so that machines can process, transform, assemble, and even act on the data in useful ways. 
http://www.altova.com/semantic_web.html