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Question 1:
(a) Explain the difference between the storefront model and the auction model in e-commerce.
(b) A company would like to extend its business over the Internet. List the required steps for that to happen.
(c) Explain, with the aid of examples, the difference between B-2-B and B-2-C business strategies over the Internet.
Question 2:
Write a small business plan for a commercial centre which would like to implement an e-commerce portal for its retail shop and its food court. The site will implement an Internet payment system through a bank and will charge 3% on all transactions. The commercial centre, however, imposes that there is an electronic transfer of stocks between its system and the retail shops.
Question 3:
(a) Explain how the Internet has changed the way businesses can be conducted.
(b) Explain the meaning of Secure Socket Layer and its importance in securing e-commerce sites.
(c) Explain the methods by which Internet payment can be enabled on an e-commerce site.
c
The sales counter next to the soft toy display in Shambles receives a customer every 2-4 minutes. Most of these customers (80%) are buying toys and are dealt with by the cashier i
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various approches in test marketing.
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QUESTION (a) (i) Describe how the internet works and identify any five of its major services. (ii) Estimate the benefits the Internet offers. (b) List four devices pr
The formula for computing additional paid-in capital in excess of par is shares of stock times
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