Friday, April 8, 2011

Week 4 Chapter 3: E-Commerce



What is an IP Address? What is it’s main function?
An IP (Internet Protocol) address is a unique number which identifies each machine which uses the Internet. It is also known as TCP (Transmission Control Protocol). An IP addresses main function is allowing the communication between computers.


What is Web 2.0, how does it differ from 1.0?
Web 2.0 also referred to as 'The Live Web' allows multiple users to add, tag, comment, collaborate and share knowledge with one another instantaneously. Some examples of this are facebook, myspace, wikipedia, google blogger, itunes, YouTube and tumblr.

Web 1.0 is a one way web. This means that these websites are not interactive at all. As well as this Web 1.0 is also very static which means that once users visit the website for mainly information purposes there is really no need for them to return back to it.


Figure 1: A video explaining differences between Web 1.0 and Web 2.0


What is Web 3.0?
Web 3.0 is the future and it looks at the concept that changes the world wide web into a database and uses it as a path for artificial intelligence. The main features of Web 3.0 is it being a semantic web, its improved functionality and its ability to personalise.

An example of this is that on facebook when you 'tag' photo's of yourself or others in pictures, 'like' certain groups and/or pages or insert hyperlinks to video's or websites, then facebook will remember this. This allows facebook to post adds and suggestions of things that you might like or be interested in in-relation to the things that you have tagged, liked or inserted. So essentially Web 3.0 tailors the Internet to the users specific wants or needs via recognition of the users previous activity.


Figure 2: A video exploring the change to Web 3.0


Figure 3: A video showing the evolution from Web 1.0 to Web 2.0 to Web 3.0


What is E-Business, how does it differ from E-Commerce?
E-Business is the process of doing business on the Internet. This includes, buying selling, serving customers and interacting with business partners. Whereas E-Commerce just consists of the buying and selling of goods over the Internet.


What is pure and partial E-Commerce?
Pure E-Commerce is to do with businesses whose transactions are largely performed via the Internet.

Partial E-Commerce is to do with businesses who carry out some of their E-Commerce tasks online, but their business is primarily done in the 'real world'.


List and describe the various E-Business models.
Business-to-Business (B2B)- This involves businesses buying from and selling to one another over the Internet.

Business-to-Consumer (B2C)- This involves businesses selling its products or services to the consumer via the Internet.

Consumer-to-Business (C2B)- This involves a consumer selling its products or services to a business over the Internet.

Consumer-to-Consumer (C2C)- This involves the use of websites which primarily offer products and services which assist consumers when interacting with each other over the Internet.


List and describe the major B2B models. 
Sell-Side B2B- This is where there is one seller and many buyers.

Buy-Side B2B- This is where there is one buyer and many sellers.

Electronic Exchange- This is where buyers and sellers are able to connect with each other in large communities to exchange their products and services.

Collaborative Commerce- This is where there is online collaborations and interactions between employee's, employer's, business partners and customers who belong to trading communities.


Figure 4: These are diagrams of the Major B2B Models


Outline 2 opportunities and 2 challenges faced by companies doing business online?
Opportunities: 
-Increased convenience for both the seller and the buyer due to business being able to be accessed 24 hours, 7 days a week, 365 days a year.
-Increased accessibility for buyers, which means a global market is able to be reached.

Challenges:
-Protecting their customers from things such as illegal or harmful goods and services and invasion of privacy and cyberfraud.
-Providing security for its assets against accidental or spiteful misuse. 


Reference's:


Baltzan, Phillips, Lynch, Blakey, Business Driven Information Systems, 1st Australian/New Zealand Edition, Mc Graw Hill, 2010.

oneilinteraction, Web 1.0 vs. Web 2.0, YouTube, http://www.youtube.com/watch?v=wj3Maccx81s, Visited 8/4/2011

semantictechnology, The Future Internet: Service Web 3.0, YouTube, http://www.youtube.com/watch?v=off08As3siM, Visited 8/4/2011

davidEPN, Evolution Web 1.0, Web 2.0 to Web 3.0, YouTube, http://www.youtube.com/watch?v=bsNcjya56v8, Visited 8/4/2011

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