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Internet and E Business - Sample Assignment

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Added on  2020-01-16

Internet and E Business - Sample Assignment

   Added on 2020-01-16

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Internet & E-Business
Internet and E Business - Sample Assignment_1
Table of ContentsIntroduction......................................................................................................................................3TASK 1............................................................................................................................................3TASK 2............................................................................................................................................7TASK 3..........................................................................................................................................10TASK 4..........................................................................................................................................12CONCLUSION..............................................................................................................................14References......................................................................................................................................14
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Introduction Internet is global system where one computer system is interconnected with anothernetwork. With the help of internet technologies company launching their business throughinternet. That is also called e business where internet provides easy facility to buying or sellinggoods. Asos is a one of leading firm in UK where Asos has quickly established online websitefor fashion retail industry. They give boutiques the chance to sell, new and pre wom fashion,through their marketplace channel. According to this report you are the newly appointed onlinebusiness manager of Asos firm where to operate their business. In this report covered onlinebusiness environment where included various transactional modes, online business importanceand business communication models which are help to communication between buyer and seller.Furthermore, in this report focus on some security threats and protection software’s. In presentreport discussion on various e business models and determines key elements of webdesigning(Andam, 2014).TASK 11.1 Describe the environment of e-business and business transaction types.E business is a wide area of electronic market where provide online buying or sellingfacilities of goods and services. E business is also helps to provide easy moneytransaction mode. Where customers has pay easily from different mode system. Internetbased technologies are help to contribution economy development.(Aithal, 2015). Ebusiness environment is a high productive and attract so many people from their servicevalue. E business environment is help to providing better customer services and also ebusiness has provide wide range of products. After buying and selling product online firmalso provide electronic transaction mode. This is very efficient for e- business and alltransaction will provide proper security of payment gateway. There are the various type of business transaction:
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Business to business: When one big firm does business with another firm this is known as B2Btransaction. Eg – clothing Company doing business with wool manufacturing company for rawmaterials.Customer to consumer: When a person buys a product from a shop and then sale it to anotherperson or to a firm. Business to consumer: When a shopkeeper or a firm sells its goods to the customer.Consumer to business: When a consumer creates a product which is consumed by any firm ororganization(Camarinha-Matos, Afsarmanesh and Rabelo, eds., 2013).1.2 Advantages and disadvantages of doing e business. E-business has a various significant role in current market. Taking with the help of e businessindustry will growing globally, and business can operate on a global scale.There are no distance barriers.E commerce will help to save the company money. All promotional activitieswere completed in fewer amounts.Product reaches to everywhere in global.One of the best advantages of e business is available for customers 24 hour a day.E business provides various ranges of products with good quality services. E business provides work at home, less traveling. E business provides quickproduct detailed specification.E commerce provide different variety of products where satisfied the customerneeds and expectations. On the basis of current market situation online business has some barriers too affects the onlinesale and customers. There is some kind of disadvantages of e business:As per the transaction mode there is so many security issues in electronic paymentgateway methods.Lack of knowledge about the electronic business.Some time there is no easy return policies, which can be create frustration in
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customer mind.System up gradation is n necessary in online business and need to be creatingdifferentiation in promotional activities. Lack of customer loyalty is one of the biggest disadvantages of e business(Chiuand at.el 2014).1.3 Security and legislative issues facing by E business organizationThere is various type of security issues which are facing by business firm as follows:Computer virus: Computer viruses are most common issue which is facing by company and anyindividual person. In this threat with the help of computer system data will interchange onecomputer to another that is create a virus in system. A virus attempt to make computer systemunreliable and slow processing(Chiu, and at.el 2014).Worms: in this threat company will exchange online data with one system to another system. Itwill create a virus in computer systems. Trojan: in this threat system infected to another pc. Where so many problems occur computersystem will process slow working.Hacking: in this point company face some hacking problems where someone hack their pc andcopy all authentic data.There are various security protections which are provided by the government for data security. Incurrent working days data protection softer is essential for any organization. Because dataprotection software are the made for detecting viruses and malicious files.There are various software’s which are providing electronic security protection.Firewall: this software is help to provide high security to protect against internet threats. Firewallhelps to detect virus and keep aware from any kind of malicious files. Antivirus software: in this software system provide information about the viruses and some otherworms. it can help to remove all virus which are exists in system and help to upgrade in system
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processing speed. There are various legal laws for security protection which are conducting by the government.Where help to reducing security issues in e business. Authenticity: Ability to identify the identity of a person or entity with whom you are dealing onthe internet(Ferraro and Brody, 2015).Privacy: Ability to control use of information a customer provides about to merchant.Confidentiality: ability to ensure that message and data are available only those authorizedperson to view. Integrity: Ability to ensure that information being display on a website or transmitted over theinternet has not been altered any way by an unauthorized party(Weill and Vitale, 2013).1.4 Mode of communication available to an e businessCommunication is necessary for any kind of business. With the help of communicationcustomer will feel satisfied with the services. In online business communication is mostimportant because customers only interact with those modes and generate information about theproducts and services. There is various way to communicate in e business procedure. Live chat: There are many costumer care services which provide 24*7 communications with thecostumer. There is a chatting service in every e-commerce business through which we canenquire our queries and at the same time solution is given to us.
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