1. Briefly describe the technologies that are leading business into the third wave of electronic commence.
The handheld devices, including mobile telephones and tablet computer. RFID devices and smart cards are being combined with biometric technologies, such as fingerprint readers, and retina scanners 2. Figure 1-5 lists roommate-matching services as a type of business that is well suited to a combination of electronic and traditional commerce. In one paragraph, describe the elements of the service that would be best handled using traditional commerce, and explain why.
Traditional commerce, rather than electronic commerce, can be a better way to sell items that rely on personal selling skills. 3. Briefly describe the specific activities that a motorcycle manufacturer might include in B2B electronic commerce for its supply management or procurement operations. The Company might sell its finished product to customers on the web , which would be B2C electronic commerce. It might also purchase the material it uses to make the speakers from other companies on the Web, which would be B2B electronic commerce. Businesses often have entire departments devoted to negotiating purchase transactions with their suppliers. These departments are usually named Supply Management or Procurement Thus, B2B electronic commerce is sometimes called e-procurement. 4. What are the main functions of a value-added network? is an independent firm that offers connection and transaction-forwarding services to buyers and sellers 5. Many business analysts have discussed the concept of the first-mover advantage. What are some of the disadvantages of being a first mover? must invest large amounts of money; the combination of high uncertainty and the need for large investments;
6. What is a shipping profile, and why is it an important consideration for firms