E-commerce and business intelligence systems., Database Management System

Your friend owns and operates a wholesale shoe business with annual revenues of $5 million dollars. His wholesale business specializes in supplying and supporting retailers with shoes produced under the two prominent brand names - Columbia and North Face. His motto is "add value for customers or perish". He wants you to help him with the idea of opening a retail e-store on the Internet.

1. Give two reasons why Internet sales may increase the bargaining power of customers?

2. How may information systems assist the retail e-store with a differentiation strategy?

3. What are some of the issues or challenges of operating a retail e-store that need to be addressed?

4. As a new business, information for decision making will be critical for the retail e-store. Explain how data mining and online reporting functionality would help with decision making.

5. Your friend knows that he needs robust e-commerce and business intelligence systems. However, he wants to know what other system should he consider and how would this systems add value?


Posted Date: 2/15/2013 4:52:36 AM | Location : United States

Related Discussions:- E-commerce and business intelligence systems., Assignment Help, Ask Question on E-commerce and business intelligence systems., Get Answer, Expert's Help, E-commerce and business intelligence systems. Discussions

Write discussion on E-commerce and business intelligence systems.
Your posts are moderated
Related Questions
Entities Let us first be aware of the question: What are entities? An entity is an object of concern used to show the things in the actual world, e.g., table, car, bo

Define multivalued dependency and 4NF.  Ans:  Multivalued Dependency - Assume R be a relation schema and let α ⊆ R and β ⊆ R. The multivalued dependency  α →→β   holds o

Define data conversion? Helpful to load data into temporary staging tables. Then can write SQL code to do much of data processing. SQL code is simpler and faster to write than

A Functional dependency is described by X Y between two groups of attributes Y and X that are subsets of R specifies a constraint on the possible tuple that can make a relation

1. Which model is used to store data in tree structures Ans: Hierarchical model is used to store data in tree structures

Illustrate the collaboration and relationship diagram A collaboration is the society of interfaces, classes and other elements which work together to provide some cooperative b

An Enterprising group of Entrepreneurs introduced a new business named StoreItRite which is based on data storage and retrieval services. It provides the services and the company c

To do the division operation R1 ÷ R2, R2 should be a correct subset of R1. In the following example R1 have attributes A and B and R2 have only attribute B so R2 is a correct subse

Consider student (std_id, std_name, date_of_birth, phone, dept_name). Put the data for a student with student id200, name arun, birth date 1 February, 1985, phone number (01110 328

Briefly explain what is to be done during defining problem statement. To define Problem Statement of a system, define what is to be done and how you can go to implement that. Y