Question 1:
(a) Explain the differentiation between the storefront model and the auction model in e-commerce.
(b) A company would like to extend its business over Internet. List the necessary steps for that to happen.
(c) Explain, with the aid of instances, the differentiation between B-2-B and B-2-C business strategies over the Internet.
Question 2:
Write a small business plan for a commercial centre which would like to execute an e-commerce portal for its retail shop and its food court.
The site will implement the Internet payment system through a bank and will charge 3% on all transactions. The commercial centre, however, imposes that there is an electronic transfer of stocks between its system and the retail shops.
Question 3:
(a) Explain and discuss how the Internet has changed the way businesses can be conducted.
(b) Explain the meaning of Secure Socket Layer and its significance in securing e-commerce sites.
(c) Explain the techniques by which Internet payment can be enabled on an e-commerce site.