Management Information Systems: Managing The Digital Firm (16th Edition)
16th Edition
ISBN: 9780135191798
Author: Kenneth C. Laudon, Jane P. Laudon
Publisher: PEARSON
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Question
Chapter 10, Problem 14CTP
Program Plan Intro
E-commerce:
- E-commerce denotes a commerce via internet or online facilities.
- It denotes buying or selling of products online.
- The areas of e-commerce include:
- Online Retailing
- Electric markets
- Online Auctions
- It provides online shopping for retail sales direct to consumers via web sites.
- It uses demographic data through social media and web contacts.
- It engages in retail for launching new services and products.
- It has online financial exchanges for trading and concurrency exchanges.
Features of e-commerce:
The eight unique features of e-commerce are shown below:
- Ubiquity:
- Internet technology is accessible to the customers everywhere.
- Global reach:
- It displays that e-commerce grows to each part of the world.
- It also allows commercial transaction among national boundaries
- Universal standards:
- It is also called as universal standards.
- These standards are used for organizing e-commerce business that is exchanged across the world.
- Richness
- Video, audio, and text messages are possible in these features.
- These features are merged into single marketing message and consumer experience.
- Video, audio, and text messages are possible in these features.
- Interactivity:
- This feature works in communication with the user. The communication is done by two-way method that is the consumer and supplier.
- Information density:
- Here, the technology decreases the information costs.
- It improves the currency, accuracy and quality.
- Personalization/Customization:
- This feature is used to deliver the personalized message to individual and also to groups.
- Social technology:
- It supports the content generation and social networking.
Explanation of Solution
Better website:
“Amazon.com” does better job than “Barnes & Noble”.
Reason:
- The “Amazon.com” has a link to a third-party site that sells e-books...
Explanation of Solution
Recommendation to improve websites:
- The websites should provide free shipping and discounts on products.
- The website should be user friendly and attractive.
- It should be properly organized and less chaotic...
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Chapter 10 Solutions
Management Information Systems: Managing The Digital Firm (16th Edition)
Ch. 10.2 - Prob. 1.1CQCh. 10.2 - Prob. 1.2CQCh. 10.2 - Prob. 1.3CQCh. 10.2 - Prob. 1.4CQCh. 10.3 - Prob. 2.1CQCh. 10.3 - Prob. 2.2CQCh. 10.3 - Prob. 2.3CQCh. 10.3 - Prob. 2.4CQCh. 10 - Prob. 1IQCh. 10 - Prob. 2IQ
Ch. 10 - Prob. 3IQCh. 10 - Prob. 4IQCh. 10 - Prob. 5IQCh. 10 - Prob. 6IQCh. 10 - Prob. 7IQCh. 10 - Prob. 1RQCh. 10 - Prob. 2RQCh. 10 - Prob. 3RQCh. 10 - Prob. 4RQCh. 10 - Prob. 5RQCh. 10 - Prob. 6RQCh. 10 - Prob. 7DQCh. 10 - Prob. 8DQCh. 10 - Prob. 9DQCh. 10 - Prob. 10HMPCh. 10 - Prob. 11HMPCh. 10 - Prob. 14CTPCh. 10 - Prob. 15CSQCh. 10 - Prob. 16CSQCh. 10 - Prob. 17CSQCh. 10 - Prob. 18MLMCh. 10 - Prob. 19MLM
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