• 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. Marketing. In my project, I am going to be looking at how Nestls Smarties ...

    This would help because the taste test showed Smarties had the lowest marks for taste and texture I think that the product still has some more room for diversification into other areas. A Smarties cereal was quite popular in the questionnaire.

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

    Moreover, Levi Strauss & Co always looks for new ways to reduce waste by reusing materials in their stores or by extending the lives of their products. For example, Levi Strauss & Co encourages reuse. In 2009, it launched the Care Tag for Our Planet in cooperation with Goodwill.

  1. Difference in working culture of Malaysia & Singapore

    to care for and show more respect to your elderly and experienced co-workers, even if you are going to be their boss. Business and Meetings Making appointments well in advance is extremely important. Be punctual at meetings and other functions.

  2. Advance Professional Development

    So it is important to review and monitor your plan because it provide you insight into what you have achieved and what you want to achieve, in other words where are you now and where you want to go. Importance of Self-Review: An individual is best judge to review his

  1. Indian Retail Study - the Kirana or Mom and Pop store

    One of the many advantages of these neighborhood kirana stores is the facility of short-termcredit, which is very attractive for the average middle class household.

  2. Employment Discrimination- An Introduction

    prejudice and bigotry as possible is essential for an ideal state of equal opportunity. Discrimination as defined by Kenneth Arrow is "the valuation in the market place of personal characteristics of the worker that are unrelated to worker productivity." ?Personal characteristics? can be physical features such as sex or race,

  1. Business Plan - EDGE is a video production company that aims to create self-promotional ...

    Serious bikers come from all over the northwest in order to ride here and many want to show their friends this amazing park, which is where we can benefit. Also, many of the regulars of the park have attempted to make edits in the park and almost all of them are bad, quite frankly, and without a hint of professionalism.

  2. Customer Service

    Therefore, one unresolved problem can lose you existing and potential customers. Some customers can be difficult, even unreasonable, but, regardless of how troublesome they are, they must be treated carefully because they have the potential to do great damage to your reputation or business, no matter how blameless you and your staff might be.

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