IST Chapter 7

In-Class Discussion

Chapter 7: E-Business and E-Commerce

1. Define e-commerce, and distinguish it from e-business.

2. Differentiate among B2C, B2B, C2C, and B2E electronic commerce.

3. Identify some benefits and limitations of e-commerce.

4. Discuss the reasons for EC failures.

Reply to the following two views：

Alejandra Guerrero 

Chpt 7

COLLAPSE

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E-commerce can be conducted between varies parties, that of which often include but are not limited to business-to-consumer electronic commerce (B2C), business-to-business electronic commerce (B2B), and business-to-employee (B2E). In a B2C, sellers are organizations and the buyers are individuals. B2C are often more complex as they involve a large number of buyers in comparison to the small and relative number of sellers that exist. Due to this, there are often two major challenges that exists for sellers: channel conflict and order fulfillment. In a B2B, both sellers and buyers are business organizations.  B2B, covers a broad spectrum that allows enterprises to form electronic relationships with distributors, suppliers, customers, and other partners through the usage of applications. Lastly, in a B2E, organizations use e-commerce to provide information and services to its employees. These services or goods can be sold at discounted rates. In a B2E, companies can allow employees to manage their own benefits along with purchasing discounted insurance, travel packages, and event tickets. Employees are also able to purchase supplies and materials needed.

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Rene Sanchez 

Activity #8/Chapter 7 Discussion

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#3 Identify some benefits and limitations of e-commerce.

Some of the benefits of e-commerce include:

1. National and  International Markets are more accessible

2. Lowers costs of processing, distributing, and retrieving information

3. Provides access to a vast number of products and services 24/7

4. Deliver Information, services, and products to people in cities, rural areas, and developing countries

Some of its limitations that have restricted its growth an acceptance include both technological and non-technological limitations.

 

Technological Limitations

1. Lack of universally accepted security standards

2. In less developed countries telecommunications bandwidth is often insufficient, and Web Access is expensive

Non-Technological Limitations

1. Perceptions that e-commerce is insecure

2. Unresolved Legal issues( Ex: copyright protections are hard to enforce)

3. Lacks a critical mass of buyers and sellers

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