Internet and E-business : Assignment
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Added on 2020-07-22
Internet and E-business : Assignment
Added on 2020-07-22
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INTERNET AND E-BUSINESS
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1 .........................................................................................................................................11.1 Describe the environment in which E-Business is conducted and business transactiontypes........................................................................................................................................11.2 Explain the benefits and barriers to businesses considering an online process................21.3 Assess the security and legislative issues facing an online business organisation...........31.4 State the modes of communication available to an E-Business and their applications....4TASK 2 ...........................................................................................................................................52.1 Explain the internet technologies and their importance in making an E-business successful................................................................................................................................................52.2 Explain the main features of HTML ...............................................................................52.3 Analyse the functions of client servers and browsers, and the role of the search engine62.4 Evaluate the use of intranets and extranets within business communication ..................7TASK 3 .......................................................................................................................................73.1 Illustrate the different E-Business models that can be used to generate more revenue forbusiness...................................................................................................................................73.2 Analyse each model in terms of its capacity to generate revenue....................................83.3 Report on future developments in E- business model......................................................9TASK 4 ........................................................................................................................................94.1. Use the key elements of good web design structure........................................................94.2 Evaluate the impact of a well designed website to an E-business....................................94.3 Report on the issues concerning website usability.........................................................10CONCLUSION .......................................................................................................................10..............................................................................................................................................10REFERENCES .............................................................................................................................11
INTRODUCTIONToday's technology is playing a very important for very business. Every firm wants tolive in high new technology. Internet is having mass power of communication which other mediado not have. Technology provide new platform for today's businesses. Every firm is going to selltheir products and services online because of its large reach. Because of this management wantsto understand it for depth manner (Andreu and et.al, 2010). By this transaction of businessbecome for easy. Customer can buy the products online without wasting their time to visitphysical stores. The company which is taken into consideration for this report is Ocado.com. It is largeonline grocery retail store. They considered themselves as online super market. The vision ofcompany is to provide new experience of online shopping to their customers. They areexpanding their market all over the UK area for that purpose they recently tied up withMorrisons to delivery their grocery products. In this report the different environment is discussed in which E-business can be operated.Various barriers and benefits of online business has been given. The legal and legislative issueswhich e-business are facing in online businesses. The importance of internet and their usage in e-business has been describe in this assignment. TASK 1 1.1 Describe the environment in which E-Business is conducted and business transaction typesThe business environment is having many factors which affects its operations. Thesefactors have great influence on business success and failure. Such factors can be legal, political,economical, social and others. Following are such factors. Political: Their are many rules and regulation which company implied on onlinebusinesses. The participation of government is active so they prepare taxes, budget andother expenditures policies. Which can impact on Ocado business. Economical: Economical factors refers to interest rate, exchange rates and inflation. Ifinflation rates increases the sales of company decreases because people start saving moremoney than saving (Bélanger and Crossler, 2011). This can have negative impact onbusiness operation.1
Social factors: In this factors values, belief, norms are considered which is shared by thecommon group of people. As people are changing their buying process to save their timeand cost. This brings new platform for Ocado to sell their products and services. Technology factors: Technology factors have great influence as business. As companyupdate its website in regular way so that they can store more data about their customers.For company adopt EDI technology so that transfer of information get done in anappropriate manner with suppliers and other important parties. Legal factor: There are different legal constraints which firm need to face. Company needto apply all rules and regulations to their business which is quite difficult. Environment factor: Firm need to do their business activities while consideringenvironment factors. AS e-business is conducted online less energy consumption is usedin this process (Bordonaba-Juste, Lucia-Palacios and Polo-Redondo, 2012).Business transaction Types: Following are different business transaction types.Business to business: In this one business sell products to another intermediate personwho sell the products to final customers. Business to customer: In this web sell products to its final customers. Consumer to consumers: In this systems allow the one customer to sell the products toanother customers. Business to government: In this business exchange their products and services togovernment.1.2 Explain the benefits and barriers to businesses considering an online processThe electronic business largely affected on retail sector. Their are many players wholoose their market share because of online presence in market. Following are the benefits of e-commerce.Tangible Benefits: In opening physical store there are geographical constraints. Thisproblem is solved by online stores. It can also help firm to increase their presence ininternational markets (Fitzgerald and et.al, 2011). By online company can reach to widerange of customers and sell their products to them. By this market share and profit bothcan be improved. As customers are able to buy products in more easy way they beingloyal with that firm.2
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