Business Applications - E-Buis and E-Commerce

Question 1

E-business vs E-commerce

Answer 1

E-commerce subcategory of e-business; E-Business - process that relies on electronic dissemination of information

E-commerce - transactions between organization & trading partners

B2B (EDI, supply change management SCM), B2C - heavily relies on intermediaries or brokers, B2E *sharing information and interacting with employees), B2G

Question 2

EC requisites

Answer 2

TRUST - trading partner; site or service provider

Question 3

EC risks

Answer 3

Availability/downtime, security & confidentiality, authentication and no repudiation, integrity

Question 4

E-commerce business models

Answer 4

E-marketplaces and exchanges, viral marketing, online direct marketing, e-tendering and bidding systems, social networking