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Second Life

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Submitted By hamkawi21
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Case No. 1 page 37 1) How can second life provide value to business?
Answer: Companies can use Second Life as a business tool foe online conferencing, online collaboration, knowledge management and prototyping. Also companies can test new products using Second Life’s 3-D rendering. 2) What kinds of businesses are most likely to benefit from a presence on Second Life? Why?
Answer: Retail businesses that are already used to doing business online may find it easy to establish a viable presence on second life. This is because they are used to advertising and marketing to customers online and already have systems in for taking orders, accepting payments, and shipping products. 3) Considering what you have learned about Second Life, how could you, as an individual, create a modest start-up business on the Grid? What goods would you sell? Why would this be a good choice of product? What, in simple terms, would your business plan be? Why would it work?
Answer: Considering what I have learned about Second Life, I, as an individual, will first start up my business by figuring what products are mostly used in Second Life. The product that will sell in Second life will be furniture. This will be a good choice because customers or people in second life will need furniture will need furniture for their new homes and offices. My business plan will be to invest in other products and services and wait till my investment grows before cashing out. 4) Visit eBay on the Web and see what Second Life items you can find listed for auction. How would you rate the activity surrounding these items? Are you surprised by what you see? Why or why not?
Answer. After viewing the activities surrounding the Second life items, I would rate the activities as very good and cheap. I am surprised because Second Life items are too good to be true and amazed that I haven’t heard of it.

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