Applying E Commerce In Business 1st Edition Rana Tassabehji - Solutions

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QQ Understand key business concepts and strategies applicable to e-commerce.
1. The company is launching a major effort to develop our e-commerce sales. In the past we have relied on consumer stores and direct sales to other firms. What do you think our value proposition should be in these markets? Why should customers buy on our websites and use our apps?
2. What kinds of services could we provide our customers that would attract them to our sites?
3. What kinds of strategic partners should we be working with to develop our online sales?
4. In the B2B market we will initially be an e-distributor, selling our products online. What kinds of other opportunities should we explore in the B2B arena?
5. For many of our products we face stiff competition from low-cost imported tools. What would you recommend firm strategy be in meeting this competition?
6. On the sell side, do you think we should open stores on Amazon, eBay, or other large online retailers, or should we put all our efforts into developing our own branded websites?
7. How do you think we can use social media to support our e-commerce initiative? Should a tools company have a social media presence?
1. What is Dollar Shave Club's business model and how does it differ from its competitors?In the past decade, the disruptive influence of the Internet and the mobile platform has reshaped the music industry, newspapers and book publishing, software distribution, and data storage, just to name a few
2. What are the key elements of Dollar Shave Club's value proposition for consumers?In the past decade, the disruptive influence of the Internet and the mobile platform has reshaped the music industry, newspapers and book publishing, software distribution, and data storage, just to name a few
3. What revenue model does Dollar Shave Club use and why does it work for them?In the past decade, the disruptive influence of the Internet and the mobile platform has reshaped the music industry, newspapers and book publishing, software distribution, and data storage, just to name a few
4. How would you characterize Dollar Shave Club's online business strategy?In the past decade, the disruptive influence of the Internet and the mobile platform has reshaped the music industry, newspapers and book publishing, software distribution, and data storage, just to name a few high-profile
5. How have Dollar Shave Club's competitors responded?In the past decade, the disruptive influence of the Internet and the mobile platform has reshaped the music industry, newspapers and book publishing, software distribution, and data storage, just to name a few high-profile examples. Companies
3. What are Amazon’s primary customer value propositions?
6. Would you say that Amazon and eBay are direct or indirect competitors? (You may have to visit the websites or apps to answer.)
9. How do venture capitalists differ from angel investors?
10. Why is it difficult to categorize e-commerce business models?
12. What are the major differences between virtual storefronts, such as Bluefly, and bricks-and-clicks operations, such as Walmart? What are the advantages and disadvantages of each?
13. Besides news and articles, what other forms of information or content do content providers offer?
14. What is a reverse auction? What company is an example of this type of business?
15. What are the key success factors for exchanges? How are they different from portals?
16. How have the unique features of e-commerce technology changed industry structure in the travel business?
17. Who are the major players in an industry value chain and how are they impacted by e-commerce technology?
18. What are five generic business strategies for achieving a profitable business?
19. What is the difference between a market opportunity and a marketspace?
20. What is crowdfunding and how does it help e-commerce companies raise capital?
1. Select an e-commerce company. Visit its website or mobile app and describe its business model based on the information you find there. Identify its customer value proposition, its revenue model, the marketspace it operates in, who its main competitors are, any comparative advantages you believe
2. Examine the experience of shopping online versus shopping in a traditional environment. Imagine that you have decided to purchase a digital camera (or any other item of your choosing). First, shop for the camera in a traditional manner. Describe how you would do so (for example, how you would
4. Select an e-commerce company that has participated in an incubator program such as Y Combinator, TechStars, DreamIt, Capital Factory, or another of your choosing, and write a short report on its business model and the amount and sources of capital it has raised thus far. Include your views on
5. Select a B2C e-commerce retail industry segment such as pet products, sporting goods, or toys, and analyze its value chain and industry value chain. Prepare a short presentation that identifies the major industry participants in that business and illustrates the move from raw materials to
Do not view or download offensive or pornographic literature on office equipment.LO.1
Take care and obtain legal advice before entering into contractual commitments by E-mail or voice-mail.LO.1
Do no download, copy or transmit to third parties the works of others without their permission as this may infringe copyright.LO.1
Ensure that you obtain confirmation of receipt of important messages.LO.1
Always make hard copies of E-mails which you need to retain for record keeping purposes.LO.1
Do not create E-mail congestion by sending trivial messages or unnecessarily copying E-mails and do not advertise by E-mail or send messages for missing items unless genuinely urgent for business reasons. Use bulletin boards.LO.1
Always remember that E-mail or voice-mail messages, however confidential or damaging, may have to be disclosed in court proceedings or in investigations by competition authorities/regulatory bodies if relevant to the issues.LO.1
Never import non-text files or unknown messages onto your system without having them scanned for viruses. If you have not been properly trained to scan for viruses never import such items.LO.1
Never send strictly confidential messages via the Internet.LO.1
Never send abusive, sexist, racist, or defamatory messages.LO.1
Beware what you say in E-mail or voice-mail. Improper statements can give rise to personal or company liability. Work on the assumption that E-mail messages may be read by others.LO.1
Consider an organisation that you know well or have worked for. Review the strategy of that organisation, taking into consideration the factors relevant to the ‘e’ phenomena that have been identified.LO.1
Having examined the information presented here and read further on the subject, do you believe the impact of the Internet and technology means that we must ‘rip up our economic text books’ or ‘technology changes, but economics laws do not’? Explain your decision.LO.1
Explain why Porter’s ‘five forces analysis’ of the impact of the Internet is negative.LO.1
Why is strategy important and what impact has the Internet and new technology had on strategic planning?LO.1
Prove Moore’s Law by giving an example from your experience of computer usage.LO.1
Give an example of disruptive technology in an industry.LO.1
To have the knowledge to begin to answer the question ‘what does the future hold’.LO.1
To identify new technology trends and the impact on business.LO.1
To evaluate the current state of e-commerce and e-business.LO.1
To review the issues relevant to e-commerce and e-business.LO.1
To recognise the impact of the Internet on management theories and thinking.LO.1
To explore the idea of webonomics and the network economy.LO.1
To identify the impact of technology and the Internet on the economy.LO.1
To understand the importance of technology on the economy and business.LO.1
What measures has your organisation taken to protect itself from cyber liabilities such as libel, indecent material and harassment?LO.1
Taking one other country, identify the laws that govern e-commerce in that country. How do they compare to the international frameworks introduced by the OECD and UN?LO.1
What recommendations would you make to improve these laws?LO.1
How effective do you think the current laws are in stopping ‘cybercrime’?LO.1
Where do you think the dot coms of today will be in 2 years time and where will they be in 5 years time?LO.1
Explain how the same factors worked together to first create the rise in the dot coms and then lead to their downfall.LO.1
What were the major catalysts for the fall of the dot coms?LO.1
What were the major catalysts for the rise of the dot coms?LO.1
Suggest a framework which you believe would analyse the viability of an Internet business model.LO.1
What are the advantages and limitations of using Affuah and Tucci’s framework for analysing a business model’s viability?LO.1
Identify five different business models and classify them.LO.1
Identify the different kinds of dynamic pricing strategies and explain the benefits and limitations of each.LO.1
Explain how Internet-based businesses can create value streams, revenue streams and logistics streams.LO.1
What is a business model and why is it used?LO.1
Develop a security-awareness training session for a group of employees from the accounts and marketing departments.LO.1
‘We had all the recent viruses, but we do have a Firewall so they were all caught before they caused any problems’ (a quotation from a business manager). Is this statement true of false? Why?LO.1
What are the different ways of protecting an organisation from attack?LO.1
Why is the Internet increasingly susceptible to more security breaches?LO.1
How would an organisation be able to use the data collected through its Web-based business in other parts of its business. Discuss the impact this data would have on the different business processes and functions within the organisation.LO.1
Compare the type of data an organisation can collect about its customers on-line and in the‘real’ world. Discuss the difference and the impact this would have on the organisation.LO.1
Discuss the impact of a website that does not work.LO.1
Identify one organisation that you know and list a set of keywords and a phrase that you think would describe that organisation. Visit the organisation’s website and note the metatags used for description and keywords (from the Web browser select View/Source). How do these compare to your
What are the major benefits of Web-based business applications?LO.1
Explain what you have learned from this chapter and how you can apply it in a business environment.LO.1
What are the problems with the Internet and what changes would you make if you could?LO.1
What are the different ways of connecting to the Internet and what is the advantage for each?LO.1
What are the different uses and applications of the Internet, intranet and extranet?LO.1
Why is it important for managers to understand networking?LO.1
To be able to identify issues of corporate policy and ethics relevant to organisations.LO.1
To understand the different measures that have been introduced to manage e-commerce in a commercial framework.LO.1
To identify the main political and legal issues relating to electronic commerce and business.LO.1
To be able to summarise the lessons learnt.LO.1
To identify the reasons for the rise and fall of the dot coms.LO.1
To understand the ‘dot com’ phenomenon.LO.1
The actual cost of buying or selling the product or service.LO.1
Bargaining and decision costs which include the costs of carrying out the negotiations, the time, effort and financial cost it takes to finalise the decision, which might include comparison of different products/services.LO.1
Policing and enforcing transactions, ensuring that they conform to the organisation’s processes and buying policies.LO.1
Participating in a market.LO.1
Searching for and obtaining information both in terms of time and the resources necessary for the search process.LO.1
To understand the different frameworks for analysing Internet business models and their respective characteristics.LO.1
To identify the different kinds of e-business models that have emerged.LO.1
To define business models for electronic commerce.LO.1
To gain knowledge of the different kinds of security measures available.LO.1
To explain what security is and how to develop a security policy.LO.1
To identify the kinds of breaches possible in e-commerce.LO.1

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Applying E Commerce In Business 1st Edition Rana Tassabehji - Solutions

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