Jin_Woo_Jung_Implication_paper_week_11

Jin_Woo_Jung_Implication_paper_week_11 - Implication...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Implication Lecture and Reading Implication Name: Jin Woo Jung Course: IS245-001 Date: 11/13/2011 1. Implication for Week _ 11 _ a. Implication(s) of the Lecture and readings for this course – Chapter 11 is about e-commerce. The book describes e-commerce as the process of performing financial transactions online. In my own term, e-commerce is the business performed via the Internet. Also, there are another type of e- commerce growing rapidly is called m-commerce, which is mobile commerce, due to development of mobile industry. The benefits of e-commerce to businesses include reduced cost with maximized satisfactions by both consumers and producers. However, the disadvantages of e-commerce for businesses include losing sales when customers feed uncomfortable on transaction via Web sites. Also there is a lot of fraud going on that makes customers worry about security. There are models of e-commerce businesses which are business-to-consumer, business-to-business, consumer-to-consumer, and business-to-government. As
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 03/28/2012 for the course IT 420, 245 taught by Professor Kattering during the Spring '12 term at NJIT.

Page1 / 2

Jin_Woo_Jung_Implication_paper_week_11 - Implication...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online