1. What is an IP address? What is it's main function?
An IP address is a label assigned to each device partcipating in a computer network that uses the Internet protocol for communication. It's function include identifying interface network and locating addresses.
2. What is Web 2.0, how does it differ from 1.0?
Web 2.0 is a set of economic, social and technology trends that collectively form the basis for next generation of the Internet. Web 2.0 is a business revolution of computer industry caused by move to the internet as a platform.
This differs to Web 1.0 because the web is no longer just linking text; it is linking people.
3. What is Web 3.0?
Web 3.0 has been used to describe the evolution of web usage and interactions among several seperate paths. This includes: transforming web into database, evolution towards 3D, move towards making content accessible by multiple non-browser applications.
4. What is eBusiness, how does it differ to eCommerce?
e-Business is the conducting of business on the internet - not only buying and selling, but also serving customers and calloborating with business partners.
5. What is pure and partial eCommerce?
Pure e-commerce - concerns businesses whose transactions are largely carried out on the internet
Partial e-commerce - concerns businesses in which a large part of the transaction takes place in the off-line real world.
6. List and describe the various eBusiness models?
e- business models take place between two main entities - business and consumer. The list of models include:
- Business-to-business (B2B) - Applies to businesses buying from and selling to each other over the internet
- Business-to-consumer (B2C) - Applies to any busiiness that sells its products or services to consumers over the internet
- Consumer-to-business (C2B) - Applies to any consumer that sells a product or service to a business over the internet
- Consumer-to-consumer (C2C) - Applies to sites primarily offering goods and services to assist consumers interacting with each other over the internet.
Online access to data, is widely supported by B2B models, it includes things such as: expected shipping date, delievery date and shipping status.
As well as that Electronic marketplaces represent new B2B models. It provides a central market where buyer and seller can interact in e-business activities. An e.g. would be Australian Automobile Network Exchange, which is an ASP that provides a secure communication netwok capable of hosting business to business transactions.
8. Outline 2 opportunities and 2 challenges faced by companies doing business online?
Two opportunities for doing business online include:
- Marketing/sales - able to get there business accross and help grow, by providing customer acceptance by having on-line ads, pop-up ads or by podcasting there information.
- Financial services - making it easier for customer to purchase products online using credit card and other forms of payment making it easier to buy certain products and services from the business
- Subscription fees - Fixed fee barrier to entry for participants
- Transaction fees - If process savings are not completely visible, use of the system is discouraged. Transaction fees likely to decrease with time
Baltzan, Phillips, Lynch, Blakey. 2010. Business Driven Information Systems. McGraw Hill. Sydney, Australia.
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