Chapter 1- Introduction to Electronic Commerce

1. Describe three factors that would sire a company to continue doing p bentage in traditional ways and debar electronic medico. * Traditional commerce is a better way to sell items or services when personal selling skills are a factor, as in commercial real estate sales or when the condition of the products is difficult to determine without do a personal inspection, as in the purchases of high-fashion clothing, antiques or perishable food items. 2. attend 1-5 lists roommate-matching services as a vitrine of credit line that is well-suited to a combination of electronic and traditional commerce. In bingle split, let out the elements of this service that would be best handled apply traditional commerce and explain why. * Customers are generally concerned about life style and personality factors. As a result, they would emergency to meet any potential roommate. 3. take on one major conflict amid the prime(prenominal) wheel and the second wave of electronic commerce.Wr ite a paragraph that describes this difference to a person who is non familiar with either business or Internet technologies. * A major difference is the increase in broadband connections and alter hardware developments. This allows more businesses around the instauration to communicate with each other(a). 4. What are per influenceance costs and why are they alpha? * Transaction costs are the numerate of all costs that a purchaser and seller incur as they fill information and negotiate a purchase-and-sale transaction.Reasons for being important can vary. 5. Provide one example of how electronic commerce could serve well change an industrys scotch structure from a hierarchy to a communicate. * When transaction costs were high, businesspeople would form organizations to replace market-negotiated transactions. In a network economic structure, companies coordinate their strategies, resources and skill sets by forming long-term relationships with other companies and individu als based on shared purposes, called strategical alliances or strategic partnerships. 6.How might managers use pulverization compend to identify new applications for electronic commerce in their strategic business units? * SWOT is the acronym for Strengths, Weaknesses, Opportunities, and Threats. By using this, the analyst first looks into the business unit to identify its strengths and weaknesses. wherefore the analyst reviews the environment in which the business unit operates and identifies opportunities presented by that environment and the threats be by that environment. 7. In about two hundred words, explain the difference between row edition and language location. Language translation is the process of restating some text indite in one language in a different language. In other words, to translate is examine some real text, written in what is called the source language, and to import a corresponding text in different language, called the target language, with the go al of preserving the banknote and meaning of the original text. * Language topical anaestheticization is a translation that considers multiple elements of the local environment, such as business and pagan practices, in addition to local vocabulary variations in the language.The cultural element is very(prenominal) important since it can affectand sometimes completely changethe users interpretation of text 8. In a paragraph, describe the advantages of a flat-rate telecommunications access governance for countries that want to encourage electronic commerce. * In the United States, telecommunications companies have long interchange local telephone service as a flat-rate access system, in which the consumer or business pays one monthly topple for unlimited telephone line usage.Activists in European countries argued that flat-rate access was a come upon to the success of electronic commerce in the United States. Although many factors contributed to the rapid bring up of U. S. el ectronic commerce, many industry analysts harbour that flat-rate access was one of the most important. As more European telecommunications providers began to offer flat-rate access, electronic commerce in those countries increased dramatically.