Question 1: Define what you understand by the term e-business.
Question 2: Explain the relationship between the concepts of e-commerce and e-business.
Question 3: Explain the two benefits which are offered by e-marketplaces.
Question 4: Illustrate the three transaction costs associated to the e-business strategy.
Question 5: List and describe the various models of E-business.
Question 6: What are the main characteristics of an e-business strategy model?
Question 7: Outline the internal changes a company might require to make when introducing e-business.
Question 8: The implementation of E-Business strategies comprises different technologies and standards. Write the meaning and illustrate what you understand by the given acronyms below:
• EDI
• XML
• WAP
• WiFi
• VOIP
Question 9: Firms have the support of many e-business applications. Describe, with illustrations, four e-business applications which can be used in a textile firm.
Question 10: Describe the three kinds of risks in implementing e-business strategies in the textile firm.
Question 11: As a manager of a textile firm illustrated above, explain how you will use your technical and social skills to make sure smooth running of the e-business implementation.