• Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

Introduction to e-commerce. Benefits, risks and legislation.

Extracts from this document...

Introduction

´╗┐Introduction to e-commerce ________________ What is an internet? Internet is a global connection of computer networks communicating with each other to exchange data and share information in range of forms. The internet is a system to connect easily through PC and local phone numbers. Internet allows users to exchange email between each other via Hotmail or other internet account. Different technologies that is required for an e-commerce system: Networking (e.g. TCP/IP) 1. TCP/IP: It is the network protocol used for connecting on computer to another. Also used for routing information across the internet. 2. POP3 and SMTP servers: These are used for exchanging emails. If your SMTP server is down then everyone who is sending you email will receive an error, declaring that your mail server is down and cannot receive incoming email. This error could leave bad impression on customers. If your POP3 server is down, you will be unable to retrieve email from your mailbox. Only external monitoring will prevent such a problem. 3. Internet connections: It is important to make sure that your connection achieves good performance for each user. Different users access your network from multiple backbones, depending on the company they use to connect to the Internet and their location. A remote monitoring service can ping your networks from multiple locations around the world, accordingly testing major routes to your web server or network. ...read more.

Middle

The importance of multiple registration domain names for company?s e.g. .com. co.uk) Most sites are referenced by at least two domain names. These set up to reference the index page on a site and produce the same results for anyone who wishes to find the website. This means the website provides better presence on search engine by providing more results. If you have a trademarks or brand names, it is a good idea to register the .net .org and your own region additional website for your domain names. This will increase traffic, improve brand identification and stops other people from stealing customer and infringing on your business by registering your domain name with a .net .org extension. ________________ World Wide Web consortium is the main standards for World wide-web. It works with the global community to establish international commerce and communications on the internet. By using the Web standards created by the W3C, hardware manufacturers and software developers can guarantee their equipment and programs work with the up-to-date Web technologies. Internet society is a non-governmental international organization which is a guide and principles for the workings of the internet. The society?s individual and organizational members maintain its feasibility and global scaling of the internet. They include the companies, government agencies and foundations that have created the internet and its technologies as well advanced new business organizations contributing to maintain that dynamic. ...read more.

Conclusion

1. A company must clearly display their site?s terms and conditions and give clear information on price, tax and delivery to buyers. 2. Company must clearly identify the sender of all electronic communication 3. Company must clearly define any promotional offers and the qualifying conditions regarding these offers. BAD IMPACTS! WRITE P3 - You also need to consider risks associated with lack of human contact, delivery issues, international legislation, and product description problems. Risk of e-commerce 1. Data threats: threats posted to files, databases etc. by viruses or Trojans. 2. Human errors by clicking on unknown links via email which could be malicious and harmful or accidently deleting data by an employee. 3. Credit card and payment fraud 4. Website destruction: virus attacks can lead to commercial humiliation and damage to the way business is viewed publicly. 5. When transaction information is sent without proper security and encryption then hackers can intercept the transmissions to obtain customer?s personal information and bank details. 6. Hardware and software can also cause disruption at any time. Processor speed and data storage might also pose as a problem for degradation of the system?s performance. For each risk listed in part 1, grade its level of danger to the organisation on a scale of 1 ? 5 (where 1 is high risk and 5 is low risk) 1. Data threats 2. Human Errors 3. Credit card and payment fraud 4. Website destruction 5. Poor security 6. Hardware/software failure ...read more.

The above preview is unformatted text

This student written piece of work is one of many that can be found in our International Baccalaureate Business Studies section.

Found what you're looking for?

  • Start learning 29% faster today
  • 150,000+ documents available
  • Just £6.99 a month

Not the one? Search for your essay title...
  • Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

See related essaysSee related essays

Related International Baccalaureate Business Studies essays

  1. The tasks which people carry out and the contexts in which they do so ...

    The issue of whether they were or were not employees did not turn solely on the construction of the documents; and even if it had, there was no obligation on the company to provide casual work or on the women to do it.

  2. Advance Professional Development

    on opponent team, but they can't do it by having just one player in the team. So if your objective is like which you can't achieve individually, you need to gain support from others (physical, moral support) Conclusion Introduction to Task 3 In task 3 the management of Finance 4

  1. Analysing Job sectors in Canada. Identify trends in employment and occupational demand patterns for ...

    The study is organized in five sections: the first identifies current and future trends in the industry; the second contains an econometric model to analyse the market effects of four trade policy scenarios on automobile production; the third identifies the impact of trade policy on foreign direct investment; the fourth

  2. This essay discusses that the importance of ethical principles by applied globally by multinational ...

    Perhaps in your opinion, Levi Strauss & Co protects water resources, reduces greenhouse gas emission and forbids chemicals be used in products that just do what it should do. More generally, the question remains, should a multinational feel free to pollute by its subsidiary in a developing nation?

  1. New business plan

    For all the staffs they should be enthusiastic in the hospitality industry, and they may have some knowledge of Chinese food culture. So we will train them how to treat customers, how to make the table, how to make introduction to customers and how to give dishes.

  2. The Main advantages and disadvantages of mixed economy system

    The democracy is an instrument which allows this system to be unstable but functional. And as it is unstable, there are fluctuations, and as there are fluctuations, things are getting worse and better in turns. That is the reason why the governments always have to balance between more control, which

  1. Using a diary system has many different purposes and can bring many benefits to ...

    This means that work may not get done and if there is an important meeting for example that has not been entered into the diary system, the people who are involved in the meeting may not know about it and may not turn up.

  2. How does an international chain hotel and individual hotel operate differently ?

    Nowadays, people are very care about protecting the environment. Hence, many large hotels chains have worked very hard to set up their green certificate to stimulate customers to re-use their towels, printing their pamphlets on recycled paper and using biodegradable shampoo containers.

  • Over 160,000 pieces
    of student written work
  • Annotated by
    experienced teachers
  • Ideas and feedback to
    improve your own work