Week 4 Blog Questions

1. What is an IP Address? What is it’s main function?

An IP Address is an Internet protocol that allows data to move around the Internet

2. What is Web 2.0, how does it differ from 1.0?
Web 1.0 is the generation of web sites and web applications that are mostly static or with limited functionality, and with limited participation, interaction and collaboration and Web 2.0 involves are rich user experience and participation, dynamic content, metadata, web standards and scalability, openness, freedom and collective intelligence.(Baltzan P, Phillips A, Lynch K, Blakey P, 2010 Business Driven Information Systems, 1st edn, McGraw-Hill Australia)

3. What is Web 3.0?

Web 3.0 uses the concept of Tagging to build information about you, your devices talk to each other and build intelligence about you.(Baltzan P, Phillips A, Lynch K, Blakey P, 2010 Business Driven Information Systems, 1st edn, McGraw-Hill Australia)

4. What is eBusiness, how does it differ from eCommerce?
e-Business refers to the conducting of business on the Internet including, not only buying and selling, but also serving customers and collaborating with business partners and e-Commerce refers to the buying and selling of goods and services over the Internet .(Baltzan P, Phillips A, Lynch K, Blakey P, 2010 Business Driven Information Systems, 1st edn, McGraw-Hill Australia)

5. What is pure and partial eCommerce
Brick-and-mortar organizations are purely physical organizations.
Click-and-mortar organizations are those that conduct some e-commerce activities, yet their business is primarily done in the physical world. i.e. partial EC..(Baltzan P, Phillips A, Lynch K, Blakey P, 2010 Business Driven Information Systems, 1st edn, McGraw-Hill Australia)

6. List and describe the various eBusiness models?
The various eBusiness models include:
B2B - Business to business
B2C - Business to consumer

7. List and describe the major B2B models?
The major B2B Models include is the sell-side e-marketplace which is a Web-based niche marketplace where 1 company sells to many business buyers from e-catalogs or auctions, frequently over an extranet (Baltzan P, Phillips A, Lynch K, Blakey P, 2010 Business Driven Information Systems, 1st edn, McGraw-Hill Australia)

8. Outline 2 opportunities and 2 challenges faced by companies doing business online.
Opportunities for companies doing business online could include:
1. easier method of purchasing and conducting business.
2. companies products could be viewed globally.
Challenges faced by companies doing business online could include:
1.Security risks are higher
2.Protecting consumers would be difficult.