problem 1:

(a) describe the differentiation between the storefront model and the auction model in e-commerce.

(b) A company would like to extend its business over Internet. List the necessary steps for that to happen.

(c) describe, with the aid of instances, the differentiation between B-2-B and B-2-C business strategies over the Internet.

problem 2:

prepare a small business plan for a commercial centre which would like to execute an e-commerce portal for its retail shop and its food court.

The site will implement the 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.

problem 3:

(a) describe and discuss how the Internet has changed the way businesses can be conducted.

(b) describe the meaning of Secure Socket Layer and its significance in securing e-commerce sites.

(c) describe the techniques by which Internet payment can be enabled on an e-commerce site.