Explanations of the following concepts as relates to e-commerce.
Electronic commerce (e-commerce) refers to the use of information technology such as
computers and telecommunications to automate the process of buying and selling of goods
and services.
1. Electronic market
This refers to a situation whereby buyers and sellers who have subscribed to a networked
system trade through their terminals. A buyer is able to access the webs of his suppliers
and make orders through the internet.
2. Electronic purse
This refers to a vital envelope used to wrap electronic cash when it is being sent to the
bank. When a customer makes an online purchase, electronic cash software creates a
=coin‘ in an amount specified by the user and sends it to the users bank wrapped in a
virtual purse. The bank withdraws the amount specified from the user‘s account and
deposits it to the seller‘s account.
3. Cyber banking
This refers to the use of electronic technology to facilitate banking transactions. For
example the use of magnetic character readers (MCR) to accept and clear cheques. Also
the use of automated teller machines.
4. Cyber mall
This refers to a collection of computer services offered by an external organisation in one
roof. For example, services such as bureaus, internet access services, teleconferencing
facilities etc.
gregorymasila answered the question on November 30, 2017 at 11:29
- Most systems are obsolescent the day they become operational. Comment on this statement giving six key reasons why changes to a system are so often...(Solved)
Most systems are obsolescent the day they become operational. Comment on this statement giving six key reasons why changes to a system are so often necessary after it has been implemented.
Date posted: November 29, 2017. Answers (1)
- Describe the functional characteristics and applicability of the backing store(Solved)
Describe the functional characteristics and applicability of the backing store.
Date posted: November 29, 2017. Answers (1)
- Give and explain two reasons, in each circumstance why the boot-up programs are stored. (i) In ROM (ii) On Disk(Solved)
Give and explain two reasons, in each circumstance why the boot-up programs are stored.
i) In ROM
ii) On Disk
Date posted: November 29, 2017. Answers (1)
- Access control is the restriction of unauthorized access to a portion of a computer system or the entire system.Required: (a) Explain the following control techniques and...(Solved)
Access control is the restriction of unauthorised access to a portion of a computer system or the
entire system.
Required:
a) Explain the following control techniques and their significance in the context of data security.
i) Biometric control
ii) Encryption
iii) Logical access
Date posted: November 29, 2017. Answers (1)
- Application controls can be classified into three major categories, processing controls and output controls. Describe the objective of each control and examine the techniques within...(Solved)
Application controls can be classified into three major categories, processing controls and
output controls.
Describe the objective of each control and examine the techniques within each to ensure
maintenance of maximum feasible levels of control.
Date posted: November 29, 2017. Answers (1)
- Explain how the use of Information Technology (IT) can bring about improvements in productivity within a business organisation(Solved)
Explain how the use of Information Technology (IT) can bring about improvements in productivity within a business organisation.
Date posted: November 29, 2017. Answers (1)
- Prototyping is based on the simple idea that people can express more easily what they like or do not like about an actual working system(Solved)
Prototyping is based on the simple idea that people can express more easily what they like or
do not like about an actual working system.
Required:
(a)
(i) Examine four guidelines required for the development of a prototype.
(ii) Select two facilities usually found in fourth generation languages (4GLs) and explain their
application in developing a prototype system.
Date posted: November 29, 2017. Answers (1)
- Organisation information systems are categorised under: (i) Transaction Processing System (TPS)(Solved)
Organisation information systems are categorised under:
i) Transaction Processing System (TPS)
ii) Management Information Systems (MIS)
iii) Decision Support System (DSS)
iv) Executive Information System (EIS)
v) Expert Systems (ES)
Required:
Suggest one application of each of the systems types listed above for each of the following
functional areas of business:
- Sales and marketing
- Finance
Date posted: November 29, 2017. Answers (1)
- What impact might end-user computing have on the organisation of information technology functions?(Solved)
What impact might end-user computing have on the organisation of information technology functions?
Date posted: November 29, 2017. Answers (1)
- Suggest examples of activities end-users might not be responsible for.(Solved)
Suggest examples of activities end-users might not be responsible for.
Date posted: November 29, 2017. Answers (1)
- The following are some of the elements which constitute an E-Commerce application: -Automated Teller Machine (ATM ), Electronic Data Interchange (EDI), Internet. Required:Illustrate the contributions of...(Solved)
The following are some of the elements which constitute an E-Commerce application: -
Automated Teller Machine (ATM )
Electronic Data Interchange (EDI)
Internet.
Required:
Illustrate the contributions of each of the above technologies in E-Commerce application.
Date posted: November 29, 2017. Answers (1)
- Explain the meaning of the following terms: (i) Website. (ii) Cyber-cafe (iii) Network browser(Solved)
Explain the meaning of the following terms:
i. Website.
ii. Cyber-cafe.
iii. Network browser.
Date posted: November 29, 2017. Answers (1)
- During the design stage of a new information system, the following issues are addressed: (i) User interface (ii) Data (iii)Process. Required:Discuss the composition of design document under the...(Solved)
During the design stage of a new information system, the following issues are addressed:
(i) User interface.
(ii) Data.
(iii) Process.
Required:
Discuss the composition of design document under the above three elements.
Date posted: November 29, 2017. Answers (1)
- Briefly describe any four computer related crimes that an organisation which is considering computerising its operations should be aware of(Solved)
Briefly describe any four computer related crimes that an organisation which is considering computerising its operations should be aware of.
Date posted: November 29, 2017. Answers (1)
- Explain the term 'critical path' as used in project management(Solved)
Explain the term 'critical' path as used in project management.
Date posted: November 29, 2017. Answers (1)
- Describe the role of project management(Solved)
Describe the role of project management.
Date posted: November 29, 2017. Answers (1)
- Structured walkthrough addresses some areas of interest in a new program under programming productivity(Solved)
Structured walkthrough addresses some areas of interest in a new program under programming productivity.
Date posted: November 29, 2017. Answers (1)
- Explain how the use of Computer Aided Software Engineering (CASE) improves
programming productivity.(Solved)
Explain how the use of Computer Aided Software Engineering (CASE) improves
programming productivity.
Date posted: November 29, 2017. Answers (1)
- In a sequential narrative. name and describe the main stages in the program development life cycle.(Solved)
In a sequential narrative. name and describe the main stages in the program
development life cycle.
Date posted: November 29, 2017. Answers (1)
- Identify six risks associated with end user computing(Solved)
Identify six risks associated with end user computing.
Date posted: November 27, 2017. Answers (1)