Question: a . What is a value - added network? [ 2 marks ] b . What drove the burst of enthusiasm that led to a

a. What is a value-added network? [2marks]
b. What drove the burst of enthusiasm that led to a rapid growth of investment in online business during the first wave of electronic commerce? [2 marks]
c. What specific Internet technologies led to a growth in electronic commerce in developing countries during the third wave of electronic commerce? [2marks]
d. Briefly explain the difference between a business model and a revenue model. [2marks]
e. Briefly describe one example of how the Internet of Things might be used to reduce costs or increase efficiency in a business. [2 marks]
f. Why were many large discount retailers slow to sell online in the early days of electronic commerce? [2marks]
g. Why is demographic information about a Web site's visitors a factor in the pricing of advertising sold on that site? [2marks]
h. Name two factors that can affect a Web site's usability. [2marks]
i. Outline the reasons a retailer might want to use more than one marketing channel. [2marks]
j. In one or two paragraphs, outline the concerns a person might have when considering whether to do business with an online bank (that is, a bank with no physical offices).[2marks]a. What is a value-added network? [2marks]
b. What drove the burst of enthusiasm that led to a rapid growth of investment in online business during the first wave of electronic commerce? [2 marks]
c. What specific Internet technologies led to a growth in electronic commerce in developing countries during the third wave of electronic commerce? [2marks]
d. Briefly explain the difference between a business model and a revenue model. [2marks]
e. Briefly describe one example of how the Internet of Things might be used to reduce costs or increase efficiency in a business. [2 marks]
f. Why were many large discount retailers slow to sell online in the early days of electronic commerce? [2marks]
g. Why is demographic information about a Web site's visitors a factor in the pricing of advertising sold on that site? [2marks]
h. Name two factors that can affect a Web site's usability. [2marks]
i. Outline the reasons a retailer might want to use more than one marketing channel. [2marks]
j. In one or two paragraphs, outline the concerns a person might have when considering whether to do business with an online bank (that is, a bank with no physical offices).[2marks]
a . What is a value - added network? [ 2 marks ]

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