E-Business & E-Commerce Overview

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Questions and Answers

What is the first step in developing an e-commerce presence as mentioned?

Designing the website layout

Understanding business objectives (correct)

Selecting a marketing strategy

Evaluating competitors

Which of the following is NOT one of the management challenges in building an e-commerce presence?

Developing a clear business plan

Choosing the right technology

Understanding customer demands

Training customer service representatives (correct)

What should drive the technology choices for an e-commerce platform?

Costs of implementation

Technology advancements

Customer demands (correct)

Industry trends

Which area is essential for forming a team to manage an e-commerce presence?

Skill sets required for technical tasks Signup and view all the answers

What is one vital consideration when developing a mobile website?

Speed of loading Signup and view all the answers

What is the most traditional method mentioned for building information systems like websites?

Systems development life cycle Signup and view all the answers

Which factor is crucial for ensuring customers can effectively engage with an e-commerce site?

User-friendly website design Signup and view all the answers

What should be a key focus when making decisions about e-commerce technology?

Meeting customer needs Signup and view all the answers

Which aspect is necessary for a successful e-commerce presence regarding human resources?

Recruiting individuals with appropriate skills Signup and view all the answers

What is a primary consideration of customers when engaging with e-commerce?

Ease of product purchasing Signup and view all the answers

What is the main purpose of the Systems Development Life Cycle (SDLC)?

To create documents that communicate objectives to management Signup and view all the answers

What should drive the technology decisions in the context of SDLC?

Business decisions and strategies Signup and view all the answers

Which of the following is NOT identified as a main component to consider when developing an e-commerce site?

Market research findings Signup and view all the answers

What are business objectives in the context of an e-commerce site?

Capabilities that the site should possess Signup and view all the answers

What role do information requirements play in system development?

They define the information elements necessary to meet business objectives. Signup and view all the answers

In the initial step of SDLC, what essential question is posed?

What do we want this site or app to do for our business? Signup and view all the answers

Why is it important to provide lists of business objectives and functionalities to developers?

To set clear expectations for the system’s performance Signup and view all the answers

Which step in the SDLC directly addresses identifying business objectives?

The planning phase Signup and view all the answers

What do system functionalities refer to in the development of an e-commerce site?

The types of information system capabilities necessary to achieve business objectives Signup and view all the answers

How does the SDLC help management in relation to technology?

By providing clear documentation of milestones and resource usage Signup and view all the answers

Study Notes

E-Business & E-Commerce

E-business and e-commerce are discussed in the lecture
The lecture covers building an e-commerce presence
A systematic approach is required to build a successful e-commerce presence
This involves understanding business, technology, and social issues

Building an E-Commerce Presence

Understanding the questions to ask and answer is key in developing an e-commerce presence
The process of building an e-commerce presence needs to be explained step-by-step
Additional tools improving website performance should be identified
Mobile website development and mobile application building require consideration of important factors

Building an E-commerce Presence: A Systematic Approach

Once a vision of the e-commerce presence is developed, you start thinking about how to build it
Success in e-commerce requires understanding of business, technology, and social issues
Management challenges include developing a clear understanding of business objectives (build a plan for developing firm's presence) and choosing the right technology to achieve those objectives

Factors to Consider in Developing an E-Commerce Presence

Key areas to consider include Management, Software, Hardware architecture, Design, Telecommunications, and Human resources
This requires bringing together individuals possessing skills to manage a successful e-commerce presence
Businesses need to make decisions about business objectives, strategy, technology, design, and social and information policies

Decisions Regarding Infrastructure

Key decisions about hardware, software, and telecommunications infrastructure are necessary
Customer demands should drive technology choices
Customers need technology to easily find, view, purchase, and receive products from warehouses quickly
Design must be carefully considered

Systems Development Life Cycle (SDLC)

SDLC is a methodology for understanding business objectives and designing appropriate solutions
Documents communicating objectives, milestones, and resources usage are created through the SDLC
The SDLC's five major steps are Systems Analysis/Planning, Systems Design, Building the System, Testing, and Implementation/Service Delivery

Systems Analysis/Planning

The first step in the SDLC focuses on answering "what the e-commerce site/app should do for the business"
Business decisions should drive technology decisions, not the other way around
Business objectives, strategies, and ideas should be translated into a working e-commerce website
Identifying business objectives, system functionalities, and information requirements are part of this step

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Description

Explore the fundamental concepts of e-business and e-commerce in this quiz. Understand the systematic approach required to build a successful e-commerce presence, including the integration of business strategies and technology. Dive into the essential factors that enhance website performance and mobile application development.