BIY3004/ISY301: E-Commerce & E-Business Reflection Report

This report presents a student's reflection on the e-commerce and e-business module, covering topics from the initial stages of online business to advanced strategies. The reflection analyzes various aspects, including e-commerce waves, B2B and B2C models, product tracking, and the barriers to e-commerce. It delves into technical skills, revenue models, online business strategies, customer relationship life cycles, online advertising, supply chain management, and the impact of social networking. The report also highlights the importance of understanding revenue models, online marketing, and the integration of social media for business development. The student reflects on the key takeaways from each chapter and the practical application of these concepts in the real world, concluding with an overview of the discussed topics and their importance in the field of e-commerce and e-business. The report is based on the course material, including the chapters on social networking, revenue models, online marketing, business-to-business activities, and mobile commerce.

Running head: E-COMMERCE AND E-BUSINESS
E-COMMERCE AND E-BUSINESS
Name of the Student:
Nam of the University:
Author’s Note:

1E-COMMERCE AND E-BUSINESS
Introduction:-
E-commerce is nothing but selling and buying of products around the online
basis. On the other side, e-business is slightly different because it helps for both sides,
like online transaction and product selling (Laudon & Traver 2016). Both are developing
business modes, which are gaining significance with the actual time passage. In this
reflection, the report determines e-business and e-commerce, which can be helpful for
online business.
Reflection:-
The first chapter I am observing three stages of e-commerce wave where the
organization should use this for business betterment. In this chapter describes how the
people and business organization use this online business. The US people also provide
product review through online media. I also observe that the first Chapter states online
businesses process which has developed and grown to accommodate several
principles and structural challenges in the world. The history of ecommerce systems is
also described in the first chapter where they show several business categories like
B2B, B2C etc.
Product tracking procedure also develops in this chapter. I quickly find from the
first chapter of how RFID is helpful for product tracking (Student et al. 2008).. In the final
phase of the first chapter deliver the barriers of ecommerce, and I learn that economic
forces are a significant barrier to e-commerce.
As per the second chapter, I learn the technical skills behind e-commerce. In
this second chapter shows how online business and transaction are occurring through
the internet server. That is the reason this chapter demonstrates several technical terms
like IP, HTML; Packet switched network etc. how the people help from the internet that
also learned from the second chapter. I also observe that these chapters develop LAN
and telephonic concepts which creates a single linking path between receiver and caller
then transmits evidence along that only way.
The third chapter is evaluating the most significant part, and that is the revenue
model. I see that this chapter displays the business features, which is identifying exact
revenue models (Student et al. 2008).. There is much organization selling different

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types of product, and this chapter describes how the organization are linked their
product with their online clients.
According to chapter four, I observe the online business strategies of any
organization. I also recognize customer’s features as they move from side to side the
client relationship life cycle (Student et al. 2008). This chapter also develops the
concepts of online advertising, which are helpful to increase business success. I also
learn from here that the plan for communicating with several business segments.
The fifth chapter consists of how the industries use the internet to develop
logistics, purchasing, and other support actions. Supply chain management is the
essential things for every type of business. I am learning from this chapter, the concept
of supply chain management, which can be helpful for online business improvement.
The difference between direct and indirect purchasing materials and activities of online
purchasing also demonstrates in this chapter.
The last chapter means the sixth chapter evaluates the relationship between
e-business and social networking. I learn that without social media, any online business
is not famous among people (Pongtongmuang and Ractham 2014). In this chapter are
developing social media activities for business development. With the help of the sixth
chapter, I am quickly learning that the virtual network and social networking sites
(shopping sites) help broadcast any business very quickly.
Conclusion:-
These sixth chapters are developing some ideas of e-commerce and e-business
thoroughly. I learn a lot of things from these chapters. These chapters are not elaborate
on the future of e-commerce and the advantage of e-commerce globally. Apart from this
gap, these chapters are very much helpful to gain the idea of e-commerce and
business.

3E-COMMERCE AND E-BUSINESS
References:-
Laudon, K. C., & Traver, C. G. (2016). E-commerce: business, technology, society.
Pongtongmuang, K. and Ractham, V.V., 2014, October. ICBITM-49 Critical Success
Factors for B2B E-commerce in Information Flow throughout Supply Chain. In Annual
International Symposium on Educational and Information Technology (p. 93).
Student, I.T. and HOD, I., 4. Gary P Schneider (2008),“E-Commerce Strategy”,
Technology and Implementation, Book, Cengage Learning, India Edition. 5. Kalakota
and Whinstone (1996), Frontiers of Electronic Commerce, Pearson Education, India
Edition. 6. Mahesh K Harma and Ritvik Dubey (2009),“Prospects of Technological.