E-Commerce
Electronic Commerce, also known as E-Commerce is the buying and selling of products using an electronic service e.g. internet. More and more people everyday are buying over the internet as it is a much easier way of shopping for the things that you want.
E-Commerce covers a lot of things such as electronic funds transfer, supply chain management, Internet marketing, online transaction processing, electronic data interchange (EDI), inventory management systems, and automated data collection systems.
However, it isn’t only buying products from a certain site e.g. Amazon, EBay but also upgrading an account from a standard to a premium account such as Megavideo. This type of E-Commerce is called “business to consumer”, whereby the business is selling to the public instead of a certain business.
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Peer Reviews
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Quality of writing
From the outset, the report states a number of technical terms which are explained in detail. As the report states 'Electronic Commerce, also known as E-Commerce is the buying and selling of products using an electronic service e.g. internet.' This is an good definition, as this explains eCommerce using a short straight to the point sentence.
Level of analysis
The report doesn't contain any real examples/case studies, which would allow the student to link their background understanding to a real situation in an commercial environment. At the bottom of the report, it states 'E-Commerce is a good way in which you can buy and sell things on-line.', however the student hasn't described why it's 'good'. Giving opinion in fine, as long as it can be backed up, with using some of the background information. Such as 'I believe eCommerce is good, due to that this allows consumer's to purchase products/services at competitive prices'.
Response to question
In summary, the report is OK as the report has the bare bones. However there is necessary detail which isn't included, and there isn't any case studies linking to the background understanding. The report clearly states how websites use data encryption to scramble the users data to prevent unlawful access. The writing is quite good, however to achieve high marks the student could justify the reason why websites undertake this action. For example the student could state 'Websites use data encryption to protect other people from acquiring sensitive data which may cause damage to the user's day-to-day living standard, as an unauthentic person could potentially purchase large quantities of a product/service using their details. This is known as identify fraud.'.
