Answers to Topic1 Questions

1) Internet risks – give examples of four things that can go wrong with a transactional site?

E-mail; log on Internet bank; register some website that needs your personal information; Server Application Vulnerabilities; Sample Scripts; Hidden directories; Administrative Back-ends

2) Write down a definition for each:

a) E-commerce: Electronic commerce or e-commerce refers to a wide range of online business activities for products and services. It also pertains to “any form of business transaction in which the parties interact electronically rather than by physical exchanges or direct physical contact.”

b) E-business: e-business has a broad meaning. It includes all digital information exchanges supporting business process that are mediated through Internet technology including transactions within and between organizations.


3) What is the difference between buy side and sell side e-Commerce?

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

4) Describe the different types of e-Business
There are several types of e-Business:

1. business-to-business (B2B): is a term commonly used to describe commerce transactions between businesses like the one between a manufacturer and a wholesaler or a wholesaler and a retailer, in others words, both the buyer and the seller are business entity.

2. business-to-consumer (B2C): describes activities of businesses serving end consumers with products and/or services.

3. consumer-to-consumer (C2C)


5) Which digital technology has the highest penetration rate? Explain and source your answer.

Using a mobil phone. From the powerpoint on lecture 1.

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

1. Large amount of customers and potential customers
2. information change rapidly
3. low cost, easy to set up
4. easy to manage



7) Four barriers to adoption of sell-side e-commerce by business.

Security problem. Customer demandImproving the range quality of services offeredAvoid losing market share to businesses already using e-commerce

8) How might a restaurant in Sturt Street Ballarat benefit from an online presence?

1. Attract more customers through the internet
2. Online presence also helps the restaurant to establish a wide reputation.

9) What are some examples of Digital information?

Online video, music, picture, news and so on.

10) What is the semantic web? Are we there yet?

The Semantic Web is an evolving extension of the World Wide Web in which the semantics of information and services on the web is defined, making it possible for the web to understand and satisfy the requests of people and machines to use the content. The Semantic Web is about two things. It is about common formats for integration and combination of data drawn from diverse sources, where on the original Web mainly concentrated on the interchange of documents. It is also about language for recording how the data relates to real world objects. That allows a person, or a machine, to start off in one database, and then move through an unending set of databases which are connected not by wires but by being about the same thing.

We are not there yet, however, we will be there in the near further.

The following vedios and website is helpful.

http://www.youtube.com/watch?v=mVFY52CH6Bc
http://www.youtube.com/watch?v=OGg8A2zfWKg&feature=related
http://www.w3.org/2001/sw/