E-Bussiness Past Papers
E-Bussiness Past Papers
QUESTION NO 1:
Define the term E-Commerce. Is E-Commerce equivalent to E-
Business? Differentiate Traditional and Electronic Commerce in
detail
E-Commerce:
E-commerce, short for electronic commerce, refers to the buying and selling of
goods and services over the internet or other electronic networks. It involves the
transaction of money, data, and information to complete commercial
transactions online. E-commerce can take various forms, including online retail
stores, online marketplaces, business-to-business (B2B) transactions,
business-to-consumer (B2C) transactions, and consumer-to-consumer (C2C)
transactions. It encompasses activities such as online shopping, electronic
payments, online auctions, and digital marketing. E-commerce has become
increasingly prevalent in modern economies, providing convenience and
accessibility to both businesses and consumers worldwide.
On the other hand, e-business, or electronic business, is a broader term that
encompasses not only online buying and selling but also all electronic
interactions between a company and its stakeholders, including suppliers,
customers, and business partners. E-business includes processes such as
electronic communication, online collaboration, digital marketing, supply
chain management, and customer relationship management, in addition to e-
commerce activities.
While e-commerce is a subset of e-business, the two terms are often used
interchangeably, especially in casual conversation. However, e-business
encompasses a wider range of online business activities beyond just
transactions, including activities that support and enhance the overall business
operations in the digital realm.
Differentiate Traditional and Electronic Commerce in detail.
Traditional commerce and electronic commerce (e-commerce) represent two
distinct approaches to conducting business. Here's a detailed differentiation
between the two:
1. Nature of Transactions:
Traditional Commerce: Involves face-to-face interactions between
buyers and sellers in physical locations such as stores, markets, or
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6. Customer Experience:
Traditional Commerce: Provides a tangible shopping experience where
customers can physically see, touch, and try products before making a
purchase. Personalized customer service and face-to-face interactions
are common.
E-commerce: Offers a convenient shopping experience with the ability
to browse through product listings, read reviews, and compare prices
online. While lacking physical interaction, e-commerce platforms often
provide features such as personalized recommendations, live chat
support, and hassle-free returns to enhance the overall customer
experience.
7. Security and Trust:
Traditional Commerce: Relies on physical security measures such as
surveillance cameras, security personnel, and anti-theft devices to
ensure the safety of transactions and prevent fraud.
E-commerce: Requires robust online security measures to protect
sensitive customer information and financial transactions. This includes
encryption technologies, secure payment gateways, and adherence to
industry standards and regulations such as PCI DSS (Payment Card
Industry Data Security Standard).
QUESTION NO 2:
How Broker-based services are performed online? Describe
the online travel tourism services and benefits in detail.
Broker-based services involve intermediaries who facilitate transactions
between buyers and sellers. These services can be performed online through
various platforms and websites. Here's how broker-based services are typically
conducted online:
1. Online Marketplaces:
Online marketplaces such as Amazon, eBay, and Alibaba serve as
intermediaries connecting buyers and sellers. Sellers list their products or
services on these platforms, and buyers can browse, compare, and purchase
items directly from the sellers. The marketplace acts as a broker, facilitating
transactions, managing payments, and providing tools for sellers to manage
their listings and orders.
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3. Metasearch Engines:
Metasearch engines like Google Flights, Skyscanner, and Kayak
aggregate flight and hotel prices from various sources and display them
in a single search.
Benefits:
Comprehensive Search: Metasearch engines provide real-time pricing
and availability information from multiple airlines, hotels, and online
travel agencies.
Flexible Dates and Destinations: Travelers can compare prices across
different dates and destinations to find the most cost-effective options
for their trips.
Price Alerts: Many metasearch engines offer price alert features,
notifying users when prices drop or when there are changes in
availability for their desired travel dates.
4. Travel Planning and Inspiration Websites:
Websites like Lonely Planet, TripAdvisor, and Travel + Leisure provide
travel guides, destination information, and inspiration for travelers.
Benefits:
Trip Planning Resources: These websites offer destination guides, travel
tips, sample itineraries, and insider recommendations to help travelers
plan their trips.
Inspiration: Travelers can browse articles, photos, and videos to discover
new destinations, experiences, and activities.
Community Engagement: Many travel websites have forums, discussion
boards, and social media platforms where travelers can connect with
like-minded individuals, share experiences, and seek advice.
5. Mobile Apps:
Mobile apps such as Airbnb, Uber, and Google Maps provide on-the-go
access to travel-related services and information.
Benefits:
Accessibility: Travelers can access booking information, maps, directions,
and local recommendations directly from their smartphones or tablets.
Convenience: Mobile apps offer features like mobile check-in, digital
boarding passes, and ride-sharing services, enhancing the travel
experience and reducing hassle.
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QUESTION NO 3:
What is E-Business Web site? Describe the objectives. types
and characteristics of Web advertisement.
E-Business Website:
An e-business website is an online platform that enables businesses to conduct
various electronic transactions and interactions with customers, suppliers,
partners, and other stakeholders. These websites serve as the digital
storefronts or portals through which businesses engage in e-commerce
activities, promote their products or services, and manage their online
presence. Here's a breakdown of the objectives, types, and characteristics of
web advertisement within the context of e-business websites:
Objectives of Web Advertisement:
1. Generate Traffic: Web advertisements aim to attract visitors to the e-
business website, increasing visibility and exposure to potential customers.
2. Drive Conversions: Advertisements seek to convert website visitors into
customers by encouraging them to make purchases, sign up for services, or
take other desired actions.
3. Build Brand Awareness: Advertisement campaigns help businesses
enhance brand recognition and recall among their target audience,
strengthening brand identity and reputation.
4. Promote Products/Services: Advertisements showcase the features,
benefits, and value propositions of products or services offered by the e-
business, persuading customers to make informed purchasing decisions.
5. Enhance Engagement: Web advertisements can foster interaction and
engagement with the target audience through interactive elements, compelling
content, and calls to action.
QUESTION NO 4:
(a): Is Online payment system risky? Describe the typical
security schemes used to meet security requirements.
Online payment systems can carry some level of risk, but the degree of risk
varies depending on various factors such as the security measures
implemented by the payment system provider, the user's behavior, and the
overall security of the transaction environment.
Here are some factors that contribute to the risk associated with
online payment systems:
1. Data Breaches:
Online payment systems may be targeted by cybercriminals seeking to steal
sensitive payment card information, personal data, or login credentials. Data
breaches can occur due to vulnerabilities in the payment system's
infrastructure, malware infections, or insider threats.
2. Unauthorized Transactions:
Users may become victims of unauthorized transactions if their payment card
information is stolen or if their account credentials are compromised. This can
result in financial losses and damage to the user's reputation.
3. Phishing and Fraudulent Websites:
Cybercriminals may create fake websites or send phishing emails to trick users
into disclosing their payment card information or login credentials.
Unsuspecting users may unknowingly provide sensitive information to
attackers, leading to fraudulent transactions or identity theft.
4. Payment Card Fraud:
Online payment systems are susceptible to payment card fraud, including card-
not-present (CNP) fraud, where stolen card details are used to make
unauthorized purchases online. Fraudsters may exploit weaknesses in the
payment system's authentication mechanisms or exploit stolen card data
obtained from data breaches.
5. Technical Issues:
Technical glitches or system failures within the online payment system can
disrupt transactions, delay payments, or result in errors. This can lead to
frustration among users and potentially impact their confidence in the reliability
of the payment system.
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QUESTION NO 5:
Describe C2B and B2C E-business models, highlight their
unique characteristics.
C2B (Consumer-to-Business) and B2C (Business-to-Consumer) are two
distinct e-business models that involve transactions between consumers and
businesses. Here's a description of each model along with their unique
characteristic
C2B (Consumer-to-Business):
In the C2B e-business model, consumers offer products or services to
businesses, and businesses pay for them. This model represents a departure
from the traditional B2C model, where businesses sell products or services to
consumers. C2B transactions can take various forms, such as freelance work,
crowdsourcing, user-generated content, and product reviews. Some common
examples of C2B interactions include:
Characteristics of C2B Model:
1. Consumer Empowerment:
C2B empowers consumers to monetize their skills, knowledge, and resources,
enabling them to participate actively in the digital economy.
2. Flexible Work Arrangements:
C2B platforms offer flexible work arrangements, allowing individuals to work on
their terms, choose their projects, and set their prices.
3. Diverse Talent Pool:
C2B models tap into a diverse talent pool of freelancers, creatives, and experts
from around the world, providing businesses with access to specialized skills
and expertise.
4. Innovation and Collaboration:
C2B encourages innovation and collaboration between consumers and
businesses, fostering co-creation and mutual value exchange.
5. Quality Control:
Businesses may need to implement quality control measures to ensure the
reliability, consistency, and professionalism of C2B services and deliverables.
B2C (Business-to-Consumer):
In the B2C e-business model, businesses sell products or services directly to
consumers. This model is ubiquitous in e-commerce and encompasses a wide
range of industries, including retail, entertainment, travel, and services. B2C
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customers find your online store when they search for products or services
related to what you offer.
Here are some key roles of SEO in e-commerce:
Organic Traffic:
SEO helps attract organic traffic, which refers to visitors who find your website
through search engines like Google. Higher visibility in search results can lead
to more clicks and potential customers.
Keyword Optimization:
Identifying and optimizing for relevant keywords is essential in e-commerce
SEO. By targeting the right keywords, you can reach your target audience
effectively
and improve your chances of ranking higher in search results.
On-Page and Off-Page SEO:
On-page SEO involves optimizing your website's content, meta tags, and
structure. Off-page SEO focuses on building high-quality backlinks from
reputable websites, which can enhance your site's authority and credibility.
User Experience:
SEO also involves improving user experience on your website, such as page
load speed, mobile-friendliness, and ease of navigation, which can positively
impact search engine rankings.
2. Social Media Marketing:
Social media platforms like Face book, Instagram, Twitter, and Pinterest are
powerful tools for e-commerce businesses. Here's how social media marketing
contributes to e-commerce success:
Brand Awareness:
Social media helps e-commerce businesses build and increase brand
awareness. It allows you to reach a wide audience, engage with potential
customers, and promote your products or services.
Customer Engagement:
You can engage with your audience through social media by posting content,
responding to comments, and running contests or giveaways. This interaction
can foster customer loyalty and trust.
Product Promotion:
Social media provides a platform for showcasing your products through images,
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violations that can harm individuals' privacy rights and erode trust in e-
commerce platforms.
Implications: Violations of privacy and data security can result in
financial losses, identity theft, reputational damage, and legal
repercussions for businesses. Consumers may become reluctant to
share their personal information online or transact with businesses that
fail to adequately protect their privacy, leading to lost sales and
diminished brand loyalty.
Mitigation: E-commerce businesses can address privacy and data
security concerns by implementing robust security measures, such as
encryption, firewalls, and secure payment gateways, to protect customer
data from unauthorized access or theft. Transparency and clear
communication about data collection practices, privacy policies, and
opt-in/opt-out mechanisms can also help build trust and reassure
consumers about the handling of their personal information.
2. Fairness and Transparency in Pricing and Marketing:
Issue: Fairness and transparency in pricing and marketing are ethical
concerns in e-commerce, particularly when businesses engage in
deceptive or unfair practices to manipulate consumers or gain a
competitive advantage. Examples include price gouging, false
advertising, hidden fees, bait-and-switch tactics, and misleading product
descriptions or reviews.
Implications: Unfair or deceptive pricing and marketing practices can
harm consumers by misleading them about product value, manipulating
their purchasing decisions, and eroding trust in e-commerce platforms
and brands. Such practices also undermine fair competition and
consumer welfare, leading to market distortions and inefficiencies.
Mitigation: E-commerce businesses can uphold fairness and
transparency in pricing and marketing by adhering to ethical standards
and regulatory requirements, such as truth-in-advertising laws and
consumer protection regulations. Providing accurate product
information, pricing transparency, and clear terms and conditions can
help consumers make informed choices and avoid confusion or
frustration.
.
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QUESTION NO 8:
Explain how alliances and outsourcing are used as strategic
approaches in E-Business.
Alliances and outsourcing are strategic approaches commonly used in e-
business to enhance competitiveness, leverage expertise, and achieve
business objectives. Here's an explanation of how each approach is utilized:
1. Alliance:
Alliances involve forming strategic partnerships or collaborations between two
or more businesses to achieve mutual goals, share resources, and capitalize on
complementary strengths. Alliances can take various forms, including joint
ventures, strategic alliances, partnerships, and co-branding arrangements.
Utilization in E-Business:
Technology Partnerships:
E-businesses often form alliances with technology providers, software vendors,
or platform developers to gain access to cutting-edge technologies, tools, or
infrastructure that enhance their e-commerce capabilities. For example, an e-
commerce retailer may partner with a cloud computing provider to leverage
scalable infrastructure and advanced analytics for their online storefront.
Distribution Partnerships:
E-businesses may establish alliances with distribution partners, logistics
companies, or third-party fulfillment centers to expand their reach, improve
delivery efficiency, and provide better customer service. By collaborating with
established distribution networks or logistics providers, e-commerce
businesses can fulfill orders faster, reduce shipping costs, and reach new
markets.
Marketing and Promotion Alliances:
E-businesses often form alliances with complementary brands, influencers, or
marketing agencies to co-promote products or services, reach new audiences,
and increase brand visibility. For example, an e-commerce fashion retailer may
collaborate with a popular social media influencer to showcase their products
to a wider audience and drive traffic to their online store.
Strategic Alliances for Innovation:
E-businesses may enter into strategic alliances with research institutions,
universities, or startups to collaborate on research and development (R&D)
initiatives, innovation projects, or product co-creation. By pooling resources
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Search engines and web portals are both tools used to access and navigate the
vast amount of information available on the internet, but they serve different
purposes and have distinct functionalities. Here's a comparison of search
engines and web portals, along with suitable examples of each:
1. Search Engine:
a. Purpose: A search engine is a software system designed to search for
information on the internet by indexing web pages and returning relevant
results based on user queries.
b. Functionality: Search engines crawl and index web pages across the
internet, analyze the content of each page, and rank them based on
various factors such as relevance, authority, and popularity. Users can
enter keywords or phrases into the search engine's search bar to find
information, websites, images, videos, and other online content related to
their query.
c. Examples: Google, Bing, Yahoo, and DuckDuckGo are popular search
engines used by millions of people worldwide to search for information on
the internet. These search engines provide comprehensive search
capabilities, advanced features, and customizable search settings to help
users find relevant results quickly and efficiently.
2. Web Portal:
a. Purpose: A web portal is a website or online platform that serves as a
gateway or entry point to a variety of information, services, and resources
available on the internet.
b. Functionality: Web portals typically aggregate content and services
from multiple sources, organizing them into categories or sections to
provide users with a centralized hub for accessing information,
communication tools, and online services. Web portals may include
features such as email, news, weather updates, forums, social
networking, shopping, and entertainment, catering to the diverse needs
and interests of users.
c. Examples: Yahoo, MSN (Microsoft Network), and AOL (America Online)
are examples of web portals that offer a wide range of services and
content to users. These portals provide access to email services, news
articles, weather forecasts, sports scores, financial information, and
entertainment content, all within a single platform.
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