a) What could be the issues with e-payment systems? why is standardization required for e-commerce payment systems? b) What is meant by the terms Crowd Sourcing and Technology mining? Explain with example.
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Q2
a) What could be the issues with e-payment systems? why is standardization required for e-commerce
payment systems?
b) What is meant by the terms Crowd Sourcing and Technology mining? Explain with example.
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Solved in 2 steps
- Q1) what are the features of E-commerce? Q2) difference between E-commerce and Traditional Commerce? Q3) what are the e-commerce advantages to the organization? Q4) what are the different e-commerce business models? Q5) Explain the technical disadvantages of e-commerce? Q6) Tell us which different sector e-commerce applications are available in the market? Q7) what are the shortcomings of e-commerce? Q8) what are the key elements of supply chain management? Q9) How Does Dutch, first price, second price, Mth price auction, Auction Work?a) Explain the technical disadvantages of e-commerce? b) Tell us which different sector e-commerce applications are available in the market? c) How Does Dutch, first price, second price, Mth price auction, Auction Work?Question Number 1: List down and describe several strategies for implementing e-commerce using the Web, including some of the decisions that need to be made, selecting the appropriate business model, the options available for accepting payments, and the process of designing and developing an effective Web site. Question Number 2: With the help of diagrams, explain various data delivery methods in large telecommunication networks where data delivery is characterised by success-ratio of the delivery, time taken for data to travel from source to destination and the route the data took in order to reach its destination. Question Number 3: A small manufacturing company is expanding by its business by opening multiple branches across the country. Currently all the database is managed by individual employees on Microsoft Excel or sometimes using Microsoft Access. The company is considering updating to a central database management system comprising of several modules for maintaining…
- DQ 1: Electronic Payment Systems: What are the differences, and the benefits and the risks, of payment systems that are designed for cyberspace? Which requirements of negotiability seem unnecessary for an online transaction? Is there any part of the HDC (holder in due course) concept that would need to be changed to adapt it to an electronic payment system? DQ2: Electronic Transactions: Should only banks and regulated financial institutions be allowed to issue ATM cards? Why or why not? How else might the government regulate digital funds to reduce the potential for cyber laundering? Is private electronic "cash" legal? To what extent should private authorities be liable when a fraud is perpetrated in the context of an electronic transfer of funds via the Internet? Is the current law sufficient in this regard? If not, what changes need to be made? DQ3: Chapter 11 Reorganization: What can a small business do to prepare for a Chapter 11 reorganization? DQ4: The Independent Contractor: How…Question 2 Discuss two major changes in the publishing industry generated by the Internet and EC technologies. Why are these changes important? Question 3 E-mail advertisement is very popular. What are benefits of using e-mail to advertise? Question 4 Why is trust important in EC transactions? Question 5 Discuss one of the limitations of m-commerce. What are some options to decrease the importance of this limiationsHow are software products being developed to support decentralized finance (DeFi) and other blockchain-based applications?
- What is meant by "online transaction processing"? (OLTP).Suppose you are about to have a job interview with a multinational company, such as 3M, Starbucks, or CocaCola. Further suppose you wish to demonstrate an awareness of the changes for international commerce that the Internet and modern information technology have made. Using the information in QID-1, create a list of three questions that you could ask the interviewer regarding the company’s use of IT in its international business.STEP 1 You have been appointed as a Senior Analyst at Techspire Solutions. Techspire Solutions has entrusted you to develop and implement an E-Commerce solution for a client. The solution is critical to meet the business demands as E-Commerce transactions has grown tremendously over the years. You have met the client for an initial meeting to discuss on the new application. Prior to the discussion, the client had identified various causes of software errors in the old system that failed to address their strategic requirements and stressed the inefficiency of the old system. STEP 2 (QSN) . The causes of errors can be classified based on the following groups responsible for the errors:• Client’s staff• Systems Analyst• Programmers• Testing staffYou are required to list the errors identified in Section (a) and classify the errors according to the groups responsible for the errors- or you may consider it as a shared responsibility belonging to more than a group.You may tabulate your…
- STEP 1 You have been appointed as a Senior Analyst at Techspire Solutions. Techspire Solutions has entrusted you to develop and implement an E-Commerce solution for a client. The solution is critical to meet the business demands as E-Commerce transactions has grown tremendously over the years. You have met the client for an initial meeting to discuss on the new application. Prior to the discussion, the client had identified various causes of software errors in the old system that failed to address their strategic requirements and stressed the inefficiency of the old system. STEP 2 (QSN) Identify and briefly describe the various causes of software errors that most likely could have triggered at the client’s site.In your own words, please define online transaction processing (OLTP).What is meant by the acronym OLTP, or online transaction processing?