AIS (4.1 - 4.2) Study Deck Flashcards
Refers to any online-run business. It also considered as a technique used by business organizations to improve busines organizations.
E-BUSINESS
6 types of Computer Networks
- Personal Area Network
- Local Area Network
- Campus Area Network
- Metropolitan Area Network
- Wide Area Network
- International Area Network
Is a large network used by business organizations to establish E-Business and E-commerce websites.
Internet
Provides unrestricted access to and publishing of information over the internet using web browsers.
World Wide Web
It refers to the potential number of local and international customers of a business organization that can interact with each other through the use of the internet.
REACH
It refers to the internal network of a business organization that has limited scope, giving access only to trusted entities.
Extranet
It refers to the internal network of a business organization, meaning only authorized users can access the network through the internet
Intranet
It is the largest network consisting of interconnected government, private, public, academic and business entities linked by various technologies ranging from electronic and wireless to fiber optic.
Internet
The largest computer network that allows users to access without restrictions
International Area Network
Used for academic imstitutions where LANs are interconnected in a limited geographical area.
Campus Area Network
A computer network that is within the area of a town or a city where it connects two or more LANs or CANs
Metropolitan Area Network
A computer network that is used to allow communication between devices close to each other.
Personal Area Network
A computer network that is used within regional or national areas
Wide Area Network
A computer network that covers a small area.
Local Area Network
What are the three networks used for E-Business
- Intranet
- Extranet
- Internet
RISKS AND BARRIERS TO E-BUSINESS ADOPTION
- Strategic Risk
- Practical Risk
It refers to the information that business organizations can share their consumers. This may include detailed information about a certain product which includes the product name, description, price, and availability
Richness
Business organizations should maintain the accuracy, reliability, and security of the information.
Richness
It refers to the effectiveness of the linkages between business organizations. In terms of online partnerships, the business organizations with more linkages to other organizations are able to gain more influence and reach.
Affiliation
Threats of E-Commerce
- Servers containing important files and customer information being stolen
- Impostors duplicating e-commerce sites to steal customers money
- Hackers attempting to steal customer information or mess up the site
- Authorized users with hidden motives attacking e-commerce systems and/or selling information to competitors
isthe buying and selling of goods and services, or the transmitting of funds or data, over an electronic network, primarily the internet
ELECTRONIC COMMERCE
Ways of buying or selling goods and services, transferring funds or data through Electronic Commerce (Electronic Network)
- Automated data collection system
- Electronic funds transfer
- Internet marketing
- Online transaction processing
- Mobile commerce
Advantages of E-commerce
- Efficient transactions done anytime and anywhere.
- Quick electronic funds transfer
- Convenient buying or selling from home or place of business.
- Reduced cost and time of order processing
- Simpler, faster, and cheaper supply chain management Quick reaching of target customers for small- and medium- * sized enterprises (SMEs)
- User-friendly ordering systems
Disadvantages of E- Commerce
- Lack of privacy of e-transactions
- Unsecured use of the Internet (presence of viruses, hackers, and so on)
- Depersonalized shopping