Assignment: Question in Mgt417 Slide Chapter 6

2012 Table of Contents interrogate 1 Differentiate among B2C and B2B electric commerce1 oppugn 2 disembowel electronic storefronts and malls2 dubiousness 3 List the major(ip) issues relating to e-tailing2 psyche 4 Briefly specify amongst the sh ar-side and the obtain-side market menage3 Question 5 List 3 ethical issues and 3 legal issues in electronic commerce3 1. Differentiate among B2C and B2B electric commerce.The exit in the midst of B2B and B2C is the client requirement. B2C focuses on man-to-man customer transactions, whereas B2B focuses on other businesses as the consumer. This residuum creates different use ups for B2B performances. angiotensin converting enzyme difference between B2B and B2C is the type of nine. For example, when you array office supplies or parts, you usually roll the like products as well as the same amounts at fairly reparation intervals. Repeat and standing orders be a common B2B requirement. Type of payment is to a fault a differe nt requirement for B2B transactions.When your corporation makes a purchase, you r arly use a credit card for payment. More likely, you entrust have varied forms of payment such(prenominal) as lines of credit and open orders. B2B applications atomic number 18 designed with these requirements in mind. Another difference is the type of search function in B2B applications. A catalog to browse by is not necessarily a requirement, depending on the type of B2B purchase you want to make. When obtain for specific items, your company whitethorn public assistance from a configurator and take in function or else than browsing and searching an online catalog.Lastly, the type of association between B2B and B2C differs. When you are connecting to a B2B application to make a purchase, you are usually connecting to mavin partner (a buy-side or sell side application) or several believe partners (an e- market start or Trading partner placement application). Because you are dealing with a relatively static list of trading partners, realistic private network (VPN) technology whitethorn be apply to provide good access to selected applications inside your firewall, thus avoiding the need to replicate data and applications outside your firewall. 2. Describe electronic storefronts and malls.Electronic Storefronts is a Web that represents a single store. Hundreds of thousands of electronic storefronts fanny be found on the Internet. Each one has its own uniform resource locater (URL), OE Internet address, at which buyers can place orders. Some electronic storefronts are extensions of visible stores such as Hermes, Sharper Image, and Wal-Mart. Others are new businesses started by entrepreneurs who saw a niche on the Web. Examplesare Restaurant. com and Alloy. com. Manufacturers for example, www. dell. com as well as retailers for example, www. officedepot. com likewise use storefronts.Whereas an electronic storefront represents a single store, an electronic mall, al so k at a timen as cybermall or e-mall, is a collection of individual shops down the stairs a single Internet address. The fundamental idea of an electronic mall is the same as that of a regular shop mall to provide a one-stop shop place that offers numerous products and work. Each cybermall may include thousands of vendors. For example, Microsoft Shopping or now Bing shopping, www. bing. com/shopping includes tens of thousands of products from thousands of vendors. 3. List the major issues relating to e-tailing. demarcation Conflicts Conflicts within click-and-mortar organizations Order fulfillment and logistics Viability and luck of online e-tailers Identifying appropriate revenue poses 4. Briefly differentiate between the sell-side marketplace and the buy-side marketplace. Theres a few differences between between the sell-side marketplace and the buy-side marketplace. The sell-side marketplace is a mannikin in which there are many buyers but one seller. In the sell-side m arketplace nonplus, organizations attempt to sell their products or services to other organizations electronically.This model is similar to the B2C model in which the buyer is expected to set about to the sellers site, view catalogs, and place an order. In this case, however, the buyer is an organization that may be a regular customer of the seller. The sell-side model is used by thousands of companies. Examples are major computer companies such as Cisco, IBM, and Intel. The seller in this model can be either a manufacturer, a distributor, or a retailer. Whereas the buy-side marketplace is a model in which there are many sellers but one buyer. The buy-side marketplace, also known as e-procurement, is a model in which EC technology is used to streamline the urchasing process in order to reduce the cost of items purchased. A major method of e-procurement is a reverse auction. In reverse auctions there is one buyer, who wants to buy a product or service. Suppliers are invited to subm it bids. The supplier that submits the lowest bid wins. Such auctions attract larger pools of volition suppliers. 5. List 3 ethical issues and 3 legal issues in electronic commerce. ethical issues 1. Free Speech 2. Privacy 3. Disintermediation juristic issues 1. Copyright 2. Cyber squatting 3. Fraud on the Internet