Blog 3, Week 4

Chapter 3 Questions:

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

An Internet Protocol address (IP Address) is a numerical label that is assigned to any device participating in a computer network that uses the Internet Protocol for communication between its nodes. An IP address serves two main function:

• host or network interface identification
• location addressing.

Internet Protocol is the basic communication language of the internet. It can also be used as a communications protocol in a private network. Each computer on the internet has an IP address, these can be private or public, however every address must be unique.



What is Web 2.0, how does it differ from 1.0?

Web 2.0 is a set of economic, social and technology trends that collectively form the basis for the next generation of the internet - a more mature, distinctive medium characterised by user participation openness and network effects. Web 2.0 differs from 1.0 as it has moved away from the limited only reading information to the read, write and publish era.

http://www.youtube.com/watch?v=YXFYkbQRgY4

What is Web 3.0?

Web 3.0 is the evolution of web usage and interaction among several separate paths. These include transforming the web into a database, a move towards making content accessible by multiple non-browser applications, the leveraging of artificial intelligence technologies, or the semantic web.

http://www.youtube.com/watch?v=off08As3siM&feature=related

What is eBusiness, how does it differ from eCommerce?
 

What is pure and partial eCommerce?

Pure eCommerce - concerns business whose transactions are largely carried out on the Internet. Partial eCommerce on the other hand concerns business in which a large part of the transaction takes place in the off-line real world.

 

List and describe the various eBusiness models?

Business to business (B2B): Applies to businesses buying from and selling to each other over the internet.

BusBusiness to consumer (B2C): Applies to any business that sells its products or services to consumers over the internet.

Consumer to business (C2B): Applies to any consumer that sells a product or service to a business over the internet.

Consumer to consumer (C2C): Applies to sites primarily offering goods and services to assist consumers interacting with each other over the internet.

List and describe the major B2B model?

Electronic marketplaces: are interactive business communities providing a central market where multiple buyers and sellers can engage in e-business activities. They present structures for conducting commercial exchange, consolidating supply chains and creating new sales channels.

Outline 2 opportunities and 2 challenges faced by companies doing business online?

                Opportunities:

• - Highly accessible
• - Improved information content and increased customer loyalty
• Challenges:

• - Protecting customers
• - Increasing liability

eCommerce is the buying and selling of good and services online. eBusiness on the other hand is the conducting of business on the internet, including buying and selling, serving customers and collaborating with business partners. The primary difference between the two is that eBusiness also refers to online exchanges of information.