Podcast
Questions and Answers
Who are typically the main participants in a job market?
Who are typically the main participants in a job market?
What is the role of classified ads in the job market?
What is the role of classified ads in the job market?
Which group is focused on finding new employees?
Which group is focused on finding new employees?
What type of content would you most likely find in classified ads related to employment?
What type of content would you most likely find in classified ads related to employment?
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Which of the following statements best describes job seekers?
Which of the following statements best describes job seekers?
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What year was the copyright for the content established?
What year was the copyright for the content established?
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Which company is mentioned as the publisher of the content?
Which company is mentioned as the publisher of the content?
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What entity is referred to as Prentice Hall?
What entity is referred to as Prentice Hall?
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What type of products does Prentice Hall primarily focus on?
What type of products does Prentice Hall primarily focus on?
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Which of the following statements is true regarding the publishing of the content?
Which of the following statements is true regarding the publishing of the content?
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Which type of portal is specifically designed for access via mobile devices?
Which type of portal is specifically designed for access via mobile devices?
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Which of the following portals primarily serves a public audience?
Which of the following portals primarily serves a public audience?
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What is the main function of a corporate portal?
What is the main function of a corporate portal?
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Which type of portal would be most suitable for a user seeking access to specific media content?
Which type of portal would be most suitable for a user seeking access to specific media content?
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Which of the following is not a type of portal mentioned?
Which of the following is not a type of portal mentioned?
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What is the primary characteristic of an e-book?
What is the primary characteristic of an e-book?
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What devices are typically used to read e-books?
What devices are typically used to read e-books?
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Which of the following statements about e-books is incorrect?
Which of the following statements about e-books is incorrect?
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What is a common advantage of e-books over traditional books?
What is a common advantage of e-books over traditional books?
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Which aspect does not typically pertain to an e-book?
Which aspect does not typically pertain to an e-book?
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What company is associated with the publication listed?
What company is associated with the publication listed?
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What year is mentioned in the copyright statement?
What year is mentioned in the copyright statement?
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Which publishing brand is listed alongside Pearson Education in the content?
Which publishing brand is listed alongside Pearson Education in the content?
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What type of material is indicated by the copyright notice?
What type of material is indicated by the copyright notice?
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Which of the following is NOT part of the presentation?
Which of the following is NOT part of the presentation?
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What is a key focus of online corporate training as outlined in the content?
What is a key focus of online corporate training as outlined in the content?
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Which of the following methods is NOT mentioned as a part of e-learning?
Which of the following methods is NOT mentioned as a part of e-learning?
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Which tool is associated with enhancing interactive learning experiences?
Which tool is associated with enhancing interactive learning experiences?
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Which aspect of online corporate training focuses on utilizing technology for employee development?
Which aspect of online corporate training focuses on utilizing technology for employee development?
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What role do social networks play in e-learning according to the provided content?
What role do social networks play in e-learning according to the provided content?
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Study Notes
E-Marketplaces: Mechanisms, Tools, and Impacts of E-Commerce
- Electronic commerce (EC) activities and processes, and the mechanisms that support them are described.
- E-marketplaces and their components are defined.
- Major types of e-marketplaces and their features are listed.
- Electronic catalogs, search engines, and shopping carts are described.
- Major types of auctions and their characteristics are described.
- Benefits, limitations, and impacts of auctions are discussed, as well as online bartering and negotiation.
- Major Web 2.0 tools and their use in EC are listed.
- Virtual worlds and their use in EC are described.
- EC activities and mechanisms are connected.
- E-marketplace activities, including B2B transactions, intrabusiness transactions, and B2B, B2C, and B2G transactions are outlined.
- E-marketplace definition as an online market (usually B2B) for exchanging goods and services; private, public, and consortia are three types.
- Buying process in an e-market, including preshopping activities, entering an e-shop, registration, security, comparing prices/conditions, shopping cart, checkout, shipment options, payment, executing payment, viewing final order, submitting, return, and post-shopping activities is described.
- Facilitating market functions, including matching buyers and sellers, determining product offerings, aggregation of products, price discovery, sales leads, and facilitation of transactions in logistics, settlement, trust, credit system, and communication are discussed.
- E-marketplace components and participants, including customers, sellers, products/services (digital products), and infrastructure are outlined.
- Front-end processes (seller's portal, electronic catalogs, shopping cart, search engine, and payment gateway) and back-end processes (online order fulfillment, inventory management, purchasing, payment processing, packaging, and delivery) are defined.
- Disintermediation is defined as the elimination of intermediaries between sellers and buyers.
Types of E-Marketplaces
- Private e-marketplaces:
- Sell-side e-marketplace: one company selling standard/customized products to qualified companies.
- Buy-side e-marketplace: one company making purchases from invited suppliers.
- Public e-marketplaces
Customer Interaction Mechanisms: Storefronts, Malls, and Portals
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Webstore (storefront): a single company's website selling products/services and usually has a shopping cart.
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E-mall (online mall): an online shopping center with many online stores.
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Types of stores/malls: General, specialized, regional/global, pure-play/click-and-mortar stores.
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Web (information) portal: a single point of access to business information inside/outside an organization.
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Types of portals: Commercial, corporate, publishing, personal, mobile, voice, and knowledge portals are described.
Roles and Value of Intermediaries in E-Marketplaces
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Brokers: Buy/sell fulfillment, virtual mall, metamediary, comparison agent, shopping facilitator, and matching services are described
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Infomediaries: Electronic intermediaries that control information flow; aggregating/selling to others
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E-distributor: An e-commerce intermediary connecting manufacturers with business buyers (customers) by aggregating the catalogs of various manufacturers
Electronic Catalogs, Search Engines, and Shopping Carts
- Electronic catalogs (e-catalogs): product information in electronic form; the core of most e-selling sites.
- EC search activities, types, and engines: Internet/Web searches and enterprise search (identifying and enabling specific content to be indexed/displayed to authorized users)
- Desktop search: search tools within a user's/organization's PC (not internet)
- Search engines: computer programs that access databases of Internet resources to search for specific information
- Software (intelligent) agents: software that searches for specific information
- Voice-powered search: information retrieval through voice commands
- Electronic shopping cart: order-processing technology enabling customers to accumulate items while continuing to shop.
- Product Configuration: part of the shopping cart functionality
Auctions, Bartering, and Negotiating Online
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Auction: a competitive bidding process (forward/backward auctions)
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Traditional vs Electronic Auctions: limitations of traditional auctions are contrasted with electronic auctions.
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Innovative Auctions: dynamic pricing techniques, one buyer/one seller, one seller/many buyers (forward auction), one buyer/many sellers (reverse auction), name-your-own-price model, and double auction model are described.
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Limitations of E-Auctions and Impacts of Auctions: describe the limitations of electronic auctions, and the social mechanism, along with distribution and business model factors
Web 2.0 Tools
- Blogging (weblogging): personal websites available to the public for reading/interaction about specific topics/issues, along with video blogs
Retailing in Electronic Commerce: Products and Services
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Electronic Retailing (e-tailing) definition and its characteristics are described.
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E-tailing Business Models: Direct marketing by mail-order retailers that go online, direct sales by manufacturers, pure-play e-tailers, click-and-mortar retailers, and Internet (online) malls.
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Online Travel/Tourism Services/Impacts: definition and impact on the industry are outlined
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Online Employment Market: participants, benefits, and limitations are outlined
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Online Real Estate Services, Online Stock Trading and Online Personal Finance are highlighted
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Cyberbanking and Online Personal Finance: details and use case are defined
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On-Demand Delivery of Products information is outlined
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Digital Products and Online Entertainment: description, including internet gaming and streaming video
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Online Consumer aids including comparison shopping aids discussion
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Online Purchase Decision Aids: shopping portals, shopping robots (shopbots) and business ratings sites are detailed.
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Issues in e-tailing and lessons learned: channel conflict, pricing decisions, product/service customization, fraud, and lessons learned from failures/lack of success are discussed.
Innovative Systems: From E-Government and E-Learning to C2C E-Commerce and Collaborative Commerce
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E-Government initiatives are described, including G2C, G2B, G2G, and G2E categories.
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Internal efficiency and effectiveness (IEE) processes in e-government, including e-payroll, E-records, e-training, enterprise cases, integrated human resources, and one-stop recruitment are outlined.
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E-Learning, virtual universities, and e-training are detailed.
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E-books, including their advantages and limitations are described, along with devices for e-book reading
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Knowledge Management (KM), including its types and activities
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Online advice and consulting services are outlined, along with employee knowledge networks and expert location system processes
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Consumer-to-consumer (C2C) electronic commerce and C2C applications (auctions, classified ads, personal services, media/file sharing, social commerce, and virtual properties).
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Collaborative Commerce (c-commerce) and its elements and process.
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Implementing C-Commerce, including design with C-Commerce and barriers for c-commerce (technical, security, internal resistance).
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Collaboration hub function in an e-market is described.
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Description
This quiz explores key concepts related to the job market, including the roles of participants, the significance of classified ads, and various types of portals. Test your understanding of employment-related terminology and the publishing entities involved in this context.