Professional Documents
Culture Documents
Term 3 Batch II Assignment=1 Class PGDM Term-3 Subject E-Business Date 03/06/2011
Submitted To By
Prof. Suresh k Ahuja
Submitted
Rajkamal Paroha
INDEX
Particulars Page No.
1. What indicators suggest e-commerce is here to stay?..................1-2 2. It has been said, In almost all cases, EC does not...3-6 change some fundamental rules of banking. Contact a local commercial bank and explore the likelihood that this statement is true. Write 3 page report of your finding. 3. www.sportzone.com.........................................................................7-9 4. www.cai.com......................................................................................10 5. www.virtualproperties.com..............................................................11 6. www.parismuseumpass.com............................................................12 7. EC books available for sale in www.amazon.com....................13-14 8. Information do you need before you prepare the ....15-16 Presentation. 9. Services offered by (www.consumers.com)...............................17-18 10. Types of Internet scams....... 19-21
Page no. 1
Background
Electronic commerce is the application of communication and information sharing tools among trading partners to the pursuit of business objectives. Three distinct types of electronic commerce exist:
Information access: provides search and retrieve capability for public
domain and proprietary data archives. In addition to access, a fully functioning service of this type would provide services related to the creation, update, and maintenance of information.
Page no. 2 Shopping services: allows and individual to seek and purchase goods or services through electronic networks. This type of EC is probably the most popular type of EC and the one most people associate it with.
Virtual enterprises: are business arrangements by which companies
separated by geography and core knowledge are able to engage in business activities. EC technology allows the means by which business arrangements can flourish. Mature examples in this category are EDI arrangements between OEMs and their suppliers, or between large retailers and their suppliers.
Page no. 3 and try to make their life easier and anything that makes life easier today, it is a winner. E-commerce shops simplify life and with the right e-commerce software you can create a web store with a very low investment
Question:-2 It has been said, In almost all cases, EC does not change some fundamental rules of banking. Contact a local commercial bank and explore the likelihood that this statement is true. Write 3 page report of your finding. Introduction:-The central practice of banking consists of borrowing and
lending. As in other businesses, operations must be based on capital, but banks employ comparatively little of their own capital in relation to the total volume of their transactions. Instead banks use the funds obtained through deposits and, as a precaution, maintain capital and reserve accounts to protect against losses on their loans and investments and to provide for unanticipated cash withdrawals. Genuine banks are distinguished from other kinds of financial intermediaries by the readily transferable or spendable nature of at least some of their liabilities (also known as IOUs), which allows those liabilities to serve as means of exchangethat is, as money. before starting the answer let we first understand what is fundamental rules of banking.
Page no. 4
Asset management
A bank may mobilize its assets in several ways. It may demand repayment of loans, immediately or at short notice; it may sell securities; or it may borrow from the central bank, using paper representing investments or loans as security. Banks do not precipitately call in loans or sell marketable assets, because this would disrupt the delicate debtor-creditor relationship and lessen confidence, which probably would result in a run on the banks. Banks therefore maintain cash reserves and other liquid assets at a certain level or have access to a lender of last resort, such as a central bank. In a number of countries, commercial banks have at times been required to maintain a minimum liquid assets ratio. Among the assets of commercial banks, investments are less liquid than money-market assets. By maintaining an appropriate spread of maturities (through a combination of longterm and short-term investments), however, it is possible to ensure that a proportion of a banks investments will regularly approach redemption. This produces a steady flow of liquidity and thereby constitutes a secondary liquid assets reserve.
Page no. 5
Page no. 6 There is a common theme that runs through almost all e-commerce innovations: it does not change some fundamental rules of banking. As the Internet continues to speed the pace of change in the coming years, many aspects of banking will be altered and transformed, but the guiding principles of banking will always remain. Being successful at e-commerce requires rapid adaptation and excellent timing, i.e., quick and comprehensive re-aligning of an banking key elements; not just technology but also processes, strategies and people; and delivering it to the customers when they are ready for it. Successful e-commerce players streamline the customers entire experience: from researching options, to customization, to Depositing, from checking Account details, to Transaction fulfillment and payment option, through by debit or credit card, billing and after-sale customer service, as well as accepts feedback of the customers and new services avail to their customers. As a superhighway, the Internet is well-paved and ready to carry lots of traffic. Along its path, however, are a great number of partially built banking centers still under construction Although the bandwidth is not that much of a problem on the Internet, Access to the Internet in most parts of the world as well as the limited number of well-developed commercial destinations on the Internet do present problems. E-commerce is poised for radical change. The emerging enterprise e-commerce model may bring some changes that will transform the current model in as sudden and cataclysmic a manner as ecommerces rise.
Page no. 7
Question:-3 Visit the following sites on the internet, analyze them, and report your finding. Include the title of the each site with your report: www.sportzone.com for a live interviews, play by play calls and other interesting audio and animate information. www.cai.com for animations from engineering automation. www.paris.org/musees/lovers for exhibits at Lourve. www.virtualproperties.com for video tours of real states.
1.
www.sportzone.com.
Page no. 8
Introduction:www.sportzone.com is now recognizing by the name espn.go and this website deals with the sport areas. In this website you watch recent new video of any kind of sport games you also have a facility to get the news headlines related to the sports activities this is only a small introduction of the website it provides lots of other services to their customers..
The Walt Disney Company is a diversified worldwide entertainment company with operations in four major business segments: Studio Entertainment, Parks and Resorts, Media Networks and Consumer Products. The Company's Strategic Sourcing and Procurement organization works with all our Business Units and their Suppliers across the globe to establish the best value for The Walt Disney Company. Strategic Sourcing provides opportunities for Suppliers to partner with the Company to provide goods and services. This partnering approach is designed to create a mutually beneficial relationship between our Suppliers and The Walt Disney Company. Disney Sourcing Professionals seek out and contract with companies of all sizes and capabilities, from local and regional Suppliers to those with a global reach finding Suppliers for a specific Company division or the entire enterprise. We rely on a dedicated, competitive, world-class Supplier base to collaborate with our Sourcing Professionals and work within our infrastructure to bring the Disney magic to our customers and guests around the world. Contact ESPN ESPN.com (Fantasy, Insider, Video, Mobile)
ESPN3.com Schedules and content for all ESPN television and radio networks and sports programming on ABC.
Second finding:-
Page no. 9
Page no. 10
CA GUIDING PRINCIPLES
CA Inc operates on the principal that IT solution should be delivered at a fixed price on time and within budget to this end CAI has been focused for 29 years on the development of service models and leverage defined processes and performance in order to maximize visibility control and productivity each of the CAIs offering enables customers to concentrate on their core competencies while preserving customers control over the IT function. 3. www.virtualproperties.com
Page no. 11
4. www.parismuseumpass.com
Key finding:Web site provides the essential and useful information about the various momentums of the museum in the Paris.
Page no. 14
Question:-4 Look up Amazon.com on the Internet (www.amazon.com) and report the number and types of EC books available for sale. Introduction:- In 1994, Jeff Bezos, a thirty-two-year-old vice president at New
York based D. E. Shaw, founded Amazon.com to capitalize on the phenomenal growth of the Web. Bezos recalled: Web usage, as measured in number of bytes flying across the Internet in Web format, was growing at 2300% a year, and things just rarely grow that fast. So I set about trying to find a business plan that might make sense in the context of that growth, and I made a list of 20 different products looking for the first best product to sell online.9 After researching the twenty retail categories, Bezos selected books. Bezos explained: Books are incredibly unusual in one respect, and that is that there are more items the book category than there are items in any other category by far. There are more than 3 million different titles available and active in print worldwide. Working with Amazon- (First start-up page of Amazon)
Page no. 15
This figure of Amazon website shows that there are total of four types of EC books is available:1. Paperback(5078)books 2. Hardcover(1913)books 3. Kindle Edition(15313) 4. Audible Audio Edition(11) 5. And some types of other EC study materials are available in see more option.(6238) Number of EC books available for sale in Amazon website:Total number of EC books available for sale is22315 Books. If we include others study material of EC too (6238+22315=28553).
Question:-5 You are an Internet consultant to a company that wants you to do a one-hour presentation to top management about the
Page no. 16
importance and potential of the Internet in the companys business. What information do you need before you prepare the presentation? Write a three-page report detailing the content of the speech. Introduction
Before starting the answer let we know about some important facts of internet related to the business The Digital Age. The Computer Age. The Information Era These are but three names that are used to describe the current age, and they are completely accurate. Although there are still some older people that refuse to embrace the internet, most young people could not even imagine life without it. We use computers to shop, organize and print our photos, and to research all different kinds of information, among others. Taking all of this into consideration, the internet has made quite an impact in the business world. People utilize the web to peruse a company's inventory, as well as find locations, look up the phone number, and order the things they need. Not to mention that a good amount of people use an internet search site to find a company that has exactly what they need. After a person has used the internet to find a business that they need, they will probably look on that particular company's website for directions to their store. Only then will someone drive over to the physical location to make their purchases. This saves time for a customer-they can look online and if a business does not have something that they are looking for, they don't have to spend time and money driving to the store to look for the item in person. With this in mind, it is increasingly important for a company to provide a website for their potential customers. When a business presents itself online as efficient and responsible, this can make people more likely to come and visit the store in person. This can be a great way to generate more sales With the use of internet, companys enables or it is possible to transmit/receive company information containing images, graphics, sound and videos. ISP industry can offer services as:
Linking consumers and businesses via internet. Monitoring/maintaining customer's Web sites. Network management/systems integration.
Page no. 17
Backbone access services for other ISP's. Managing online purchase and payment systems.
The internet is designed to be indefinitely extendible and the reliability of internet primarily depends on the quality of the service providers' equipments.
Benefits of Internet:
Doing fast business. Trying out new ideas. Gathering opinions. Allowing the business to appear alongside other established businesses. Improving the standards of customer service/support resource. Supporting managerial functions.
There are lots of benefit importances and potential of the internet in business but there is certain limitation too:-
Limitations:
The information we need before prepare a presentation are :1. We firstly exactly know how the internet benefited to our company. 2. We have to know about the risk which arrives in front of the company when company can done there business with the help of internet. 3. You are having a complete knowledge about the nature of business and how big the company is because the risk in using internet technology is more in small company. 4. You clearly know about how internets improving the standards of customer service/support resource of your company. 5. And all the above mentioned information about potential of internet to a business is must be need before preparing a presentation.
Question:-6 Go to Zelerate web site (www.consumers.com). What services does this site offer?
Page no. 18
Introduction:- the web site is mainly deal and provides services to the
consumers and deals with the consumer affairs but in spite of that this site provides lots of other services they are detail below.
The official website of the office of consumers affairs and business regulation (OCABR)
Services offers by the site:For Consumer ONLINE SERVICES Subscribe to the Consumer Insider File a Complaint Against a Licensed Professional Check your home improvement contractor's record Licensing Information and Resources Validate your car's history How to resolve a consumer problem
For Businessmen
ONLINE SERVICES Division of Insurance Individual Producer Online Renewals (OLLIE) Home Improvement Contractor Registration Professional & Business Licensee Requirements
For liciensee
ONLINE SERVICES Division of Insurance Individual Producer Online Renewals (OLLIE) Licensing Information and Resources Professional & Business Licensee Requirements File a Complaint Against a Licensed Professional For Government ONLINE SERVICES Subscribe to the Consumer Insider Licensing Information and Resources
Page no. 19
Question:-7 Go to the Federal Trade omission Web Site (www.ftc.gov) or CBI, and find investigate types of scams on the internet. Prepare 3 pages report. The most common types of Internet scams:Introduction:As time continues on, an alarming increase of Internet scams are appearing in people's e-mail boxes. You probably have stumbled across a too good to be true offer. There are many different types of scams in existence today. Every scam will state you will earn incredible amounts of money, which may be tempting, but if you respond, you could put your life into immediate danger. Spotting an Internet scam is one thing, but falling into the scam is another. Once research is conducted and you are able to understand the mechanisms of these scams, and how scammers operate their scams, you will be able to keep you and your family safe.
Page no. 20 costs', then once you receive your 'winnings', you are obligated to send a percentage of your 'winnings' back. Some lottery scams have 'lawyers' involved, but no professional organization or corporation would ever ask you to send money through Western Union. They use this method because there is absolutely no way of tracing your money to get it back. They will also tell you to keep your 'winnings' confidential and private. By this, they mean don't tell the police because they don't want to be hunted down and prosecuted. Remember, if you didn't buy a lottery ticket, you cannot win the lottery!
Page no. 21
6.) Phishing:
Phishing is increasing by the day. This is when your sensitive information is provided to the scammer. Such information includes credit card details and your passwords to sites such as your online banking site. Scammers will produce a very similar website, much like a cloned site, to acquire your personal information. You will most likely receive these attempts via e-mail. All information given to the scammers through phishing websites are marked down and recorded by the scammer. It is best to contact your local bank and confirm their exact website address, to avoid running into fraud and other complications.
Thank you