E-business Systems - Assignment PDF
Added on 2021-06-17
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Running head: E-BUSINESS SYSTEME-Business System[Name of the Student][Name of the University][Author note]
E-BUSINESS SYSTEM1Week-3: Building an e-commerce Presence:The main components of week 3 mainly includes the clear understanding about theprocess by which an e-commerce presence can be built. The main outcomes of this week mainlyincludes the clear understanding about the various process which are mainly associated with thepresence of e-commerce. The main constituents of the class discussion mainly includes thevarious objectives of the Financial Times which are involved in the designing of the onlinepresence and the considerations which are associated with it. For the purpose of creating the e-commerce presence in a successful way, it becomes very much essential to see that all the ideasand the visions includes a statement of the mission along with the target audience, time linedevelopment and also a preliminary budget as well (Laudon & Traver, 2013). By estimating allthe factors in a proper way it becomes very much easy to create the successful e-commercepresence. The lectures provided in this week has help in understanding the importance of the e-commerce in the business world and besides this it is also understandable that the presence of theweb is not enough. In order to ensure the success of the business it is very much essential to havean online business. Besides this there exists some crucial aspects regarding the building up of ane-commerce presence which need to be kept in mind. The idea of the e-commerce presencewould not only be helping the growth of eth business but this would also be helping in doing aSWOT analysis for the purpose of understanding the various kind of strengths as well as theweakness which are present in the idea (Chen et al., 2013). Along with this it is also very muchimportant to understand the cost consideration. The e-commerce presence is also associated withindicating the fact that the setting up of a website would be acting as a key factor for the purposeof reaching out to the customers. Additionally the development of the website and going livewith the website would be including a proper milestone and timeline for the project. The process
E-BUSINESS SYSTEM2of setting up the e-commerce presence there is a need of considering certain factors and thismainly includes the management, hardware architecture, software and the designing needs.Along with there is also a need of considering the telecommunication as well as the humanresources which are to be considered for the purpose of ensuring the success of the project. Thereis also a need of proper planning while having an e-commerce presence. Different type of phasesare included in the process of successful implementation of the e-commerce presence and thismainly includes the system analysis, system planning and system design, building of system,testing and implementation. The lecture provided in this week helps in understanding theimportance of proper planning which are involved in the process of developing an e-commercepresence in the form of a website for the business. It must be seen the development of thewebsite is done in a proper way (Lu, Fan & Zhou, 2016). For doing this proper choice of thedevelopment of the website should be done. The discussion in the class also helps inunderstanding the values played by the weedly offers in small business. This creation initiallyhelps in understanding the creation of the website as well as the e-commerce presence in an easyway. This is also associated with adding value to the business. Once the development iscompleted testing needs to be done which is very essential.References: Chen, Y. Y., Lai, F. W., Goh, K. N., & Daud, S. C. (2013, January). The effect of integratingsocial plugins into e-commerce website: a study on online consumer behaviour.InProceedings of the 7th international conference on ubiquitous informationmanagement and communication(p. 56). ACM. Laudon, K. C., & Traver, C. G. (2013).E-commerce. Pearson.
E-BUSINESS SYSTEM3Lu, B., Fan, W., & Zhou, M. (2016). Social presence, trust, and social commerce purchaseintention: An empirical research.Computers in Human Behavior,56, 225-237.Week 4: Success and Payment system of E-Commerce:Once the creation of the e-commerce presence is completed it becomes very muchimportant to evaluate and ensure the security and the payment system of the e-commercepresence. Detailed understanding about the security and the payment system has become veryeasy after the lectures which has been provided in week 4. The lectures also provided a detailedidea aout the scope of the e-commerce crime which is associated with the security of the e-commerce website. Besides this the lecture also provided a detailed information about the keysecurity threats which is associated with the environment of e-commerce (Slade, Williams &Dwivedi, 2013). All this security risks can be mitigated in a proper way by making use of theappropriate technology. The area of concern mainly includes the various type of policies,procedures and the proper maintenance of the e-commerce payment system. The areas which aremore prone to the different security risks mainly includes the electronic billing and the paymentsystems. So it becomes very much essential to concentrate upon this fields. The class alsoprovides a brief discussion regarding the difference that exists between the cybercrime andhacking (Gangeshwer, 2013). This knowledge is very much essential in order to understand thevarious security risks while creating the e-commerce presence. The rate of cybercrime hasincreased at a rapid rate so it becomes very much essential to have a clear understanding aboutthe various security risks which are associated with the e-commerce website. According to thesurvey done in the year of 2016 states that the average cost of the data breach to the UScorporations was almost $4 million. Due to this reason it has become very much essential to havea security of high level in the e-commerce website and this is to be done by making use of the
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