E Business

Electronic Commerce, Fourth Edition £¡¼¿Î²±Ê°Ï´¸ÇçÃ'¬Íë º ¢× Solutions Chapter 1 Solutions to Review Questions 1. bring out three factors that would causal agency a company to stretch out doing business in tralatitious ways and avoid electronic vocation. Traditional commerce is a better way to cope the items or services when personalised selling skills argon a factor, as in mercenary real estate sales events; 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 whitethorn include clothing. For consumers who shop at a select do of clothing stores, they may be willing to buy without move on since they already knowledge articles in a surface th ey trust. 3. What be transaction cost and why are they crucial? Transaction be are the total of all cost 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 scientific discipline will attach operating results as well as competitive advantage. 4. succeed one example of how electronic commerce could help reassign an industrys economic body structure from a hierarchy to a network? When transaction costs are high, concentrated hierarchies reduce unit cost by taking advantage 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 close cooperation between partner firms and customers will reduce transactio n costs. 5. How asperity a manager use SWO! T analysis to incur new applications for electronic commerce in their strategic...If you want to expect a full essay, order it on our website: BestEssayCheap.com

If you want to get a full essay, visit our page: cheap essay