E Business

Electronic Commerce, Fourth Edition £¡¼¿Î²±Ê°Ï´¸ÇçÃ'¬Íë º ¢× Solutions Chapter 1 Solutions to Review Questions 1. nominate three factors that would causal agency a company to cut across doing business in tralatitious ways and avoid electronic vocation. Traditional commerce is a better way to transmit the items or services when personalised selling skills argon a factor, as in mercenary real estate gross ex falsifys; or when the condition of the products is gruelling to determine without making a personal inspection, as in the purchases of high-fashion clothing, antiques, or perishable fodder products. 2. Name one face of transaction not listed in figure 1-4 that you believe would be a good prospect for electronic commerce. Explain why. Responses ordain vary, but one may include clothing. For consumers who shop at a select come up of clothing stores, they may be willing to buy without toilsome on since they already knowledge articles in a s izing they trust. 3. What be transaction cost and why are they grand? Transaction be are the total of all be that a buyer and a seller incur as they gather information and negociate a purchase sale transaction. Any reduction in transaction costs associated with the quality, timing, or efficiency of information engineering skill will profit operating results as well as competitive advantage. 4.

show one example of how electronic commerce could help change an industrys economic body structure from a hierarchy to a network? When transaction costs are high, concentrated hierarchies reduce unit cost by fetching a dvantage of specialization and economies of ! scale. Networked economic structures with the information engineering science to coordinate their strategies, resources, and skills are capable of greater economic efficiencies by taking the business activity into the market place. A nigh cooperation between partner firms and customers will reduce transaction costs. 5. How aptitude a manager use SWOT analysis to reckon new applications for electronic commerce in their strategic...If you want to put up a full essay, order it on our website: BestEssayCheap.com

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