Give an example of a business

Question

Question 1  Choose one of the five competitive forces in Porter's model. Describe a new opportunity and a new threat due to e-commerce via the Internet for a specific industry of your choosing.

Question 2  Define and contrast the following pairs of terms: dot-com and bricks-and-clicks; intranet and extranet; B2C and B2B.

Question 3  What are some of the potential benefits of B2B applications that use the Internet?

Question 4 Compare and contrast a context diagram (using data flow diagram (DFD) modeling) and a use case diagram (using unified modeling language (UML))?

Question 5  Define the term system. Give an example of a business system, and create a context diagram to show its boundary, environment, inputs, and outputs.

Answer 1

Provide answers to each and every question illustrated below in paragraph format by comprising the examples to support your response wherever required. Q1. Select one of the five competitive forces in the Porter's model. Illustrate a new opportunity and a new threat because of which e-commerce through the Internet for a particular industry of your choice. Q2. Define and differentiate the given pairs of terms: dot-com and bricks-and-clicks; intranet and extranet; B2C and B2B. Q3. Write some of the potential advantages of B2B applications which make use of the Internet? Q4. Differentiate a context diagram (by employing data flow diagram (DFD) modeling) and a use case diagram (by employing unified modeling language (UML))? Q5. Define the word system. Provide an illustration of a business system, and make a context diagram to exhibit its boundary, environment, inputs and outputs.