Industry Related Technology - E-Commerce - Amazon S3



Name: Date:

Topic: INDUSTRY RELATED TECHNOLOGY - E-COMMERCE

Question 1

What is E-Commerce?

E-Commerce or Electronic Commerce is using the Internet to exchange information to conduct business such as buying and selling goods and services.

Question 2

How can businesses benefit from E-Commerce?

• Faster and more efficient communication with customers

• Receiving payments electronically

• Paying bills electronically

• Reduce costs - banking, stationery, postage

• marketing goods cheaply and globally

Question 3

What would a small business need to do to start E-Commerce?

Create a web site

Obtain a domain name

Allow for credit card payments

Create email address

Question 4

Select two E-Commerce applications and describe their function.

Solution will vary but can include applications such as,

Bpay, Credit cards, EFTPOS, on-line banking, smart cards

Question 5

Suggest three kinds of products that you think would sell well over the Internet and give your reasons.

Solution will vary

Question 6

What are the concerns that some people may have with E-Commerce and what steps have taken place to ease these concerns?

Concerns

• fraud

• viruses

• privacy

• security

Some of the steps that have taken place include:

• encryption

• digital signatures

• data protection

• government privacy laws

Question 7

Internet Research

Find a company in Australia that uses E-Commerce and is in involved in some form of agriculture. Answer the questions below.

a. What type of agriculture do they specialise in?

Solution will vary

b. What type of E-Commerce applications are used?

Solution will vary

c. What is the benefit to the people involved in that particular agriculture industry?

Solution will vary

d. What are the benefits to the consumers?

Solution will vary

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