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  1. Asked: June 11, 2024In:

    Can small companies compete with big companies?

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    Ecommerce makes it easy for companies to provide customers with a worldwide presence. The Internet tends to yield profits to both small and large companies. An Internet presence is easy to establish for both small and large companies. Because of a more level playing field, the Internet is proportionRead more

    Ecommerce makes it easy for companies to provide customers with a worldwide presence.

    • The Internet tends to yield profits to both small and large companies.
    • An Internet presence is easy to establish for both small and large companies.
    • Because of a more level playing field, the Internet is proportionally more advantageous for smaller companies.
    • A small company’s flexible, innovative management style provides a competitive advantage in the ever-changing world of the Internet.
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  2. Asked: June 11, 2024In:

    How can your company benefit from e-commerce

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    The Internet brings you closer to your customer since customers and partners can access information directly. Through the Internet, your company's product information can be accessed directly from the purchaser's desktop. The Internet: Makes the size of a company irrelevant. Large and small companieRead more

    The Internet brings you closer to your customer since customers and partners can access information directly. Through the Internet, your company’s product information can be accessed directly from the purchaser’s desktop. The Internet:

    • Makes the size of a company irrelevant. Large and small companies have the same access to customers and can create the same kind of Internet presence.
    • Makes the location of a company irrelevant. Customers located anywhere can easily access your company’s site. You can support customers outside of your geographic area.
    • Increases feedback. You have instantaneous access to your customer responses and feedback when you publish new marketing and pricing programs and new products on your web site.
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  3. Asked: June 11, 2024In:

    What is e-commerce?

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    answer Teacher

    Electronic commerce or e-commerce covers the range of online business activities for products and services, both business-to-business and business-to-consumer, through the Internet. This section breaks e-commerce into: Online shopping—the scope of information and activities that provides the customeRead more

    Electronic commerce or e-commerce covers the range of online business activities for products and services, both business-to-business and business-to-consumer, through the Internet. This section breaks e-commerce into:

    • Online shopping—the scope of information and activities that provides the customer with the information she needs to conduct business with you and make an informed buying decision.
    • Online purchasing-the technology infrastructure for the exchange of data and the purchase of a product over the Internet.

    It’s True: Online purchasing is a metaphor used in business- to-business e-commerce for providing customers with an online method of placing an order, submitting a purchase order, or requesting a quote.

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  4. Asked: June 11, 2024In:

    What are first, second, third, and fourth generation web sites?

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    answer Teacher

    As use of the Internet became more sophisticated, web sites changed to meet new needs. The changes in the Internet can be categorized in generations of web sites. Generation One-Initially companies created simple "brochures-online" web sites. Generation Two-As the Internet became more sophisticated,Read more

    As use of the Internet became more sophisticated, web sites changed to meet new needs. The changes in the Internet can be categorized in generations of web sites.

    • Generation One-Initially companies created simple “brochures-online” web sites.
    • Generation Two-As the Internet became more sophisticated, many companies became aware of its potential. Management established web sites that reflected corporate issues: investor relations, company mission statements, and messages from the president.
    • Generation Three-As companies began to understand the potential the Internet has for driving business-to-business and business-to-consumer transactions, web sites became simpler, faster, and more focused on specific needs of the person visiting the site.
    • Generation Four-The future of the Internet is generation four web sites. Generation four sites physically resemble generation three sites. The difference between generation three and generation four web sites is predominantly behind the scenes. Generation four sites are dynamically created and tightly integrated into the operations of the company.
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  5. Asked: May 19, 2024In:

    What is the Internet?

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    answer Teacher

    The Internet provides you with the technical infrastructure to enable an online presence. The Internet is the technical structure enabling people around the world to gain access to the World Wide Web (WWW). The Internet can give you the ability to provide present and potential customers, prospects,Read more

    • The Internet provides you with the technical infrastructure to enable an online presence. The Internet is the technical structure enabling people around the world to gain access to the World Wide Web (WWW).
    • The Internet can give you the ability to provide present and potential customers, prospects, and business partners easy access to information about your company and products from their home or office.
    • Once you obtain a web presence and realize its value, you will be able to offer other goods and services.
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