(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.
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.
(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.