PLANNING ONLINE- BUSINESS

Q.1 What is online business?

Online business – also referred to as e-business – is any kind of business activity that happens online over the internet. A business owner who does any or all, of their business using the internet, is running an online business.

Q.2 What pure online business?

Pure-online business refers the business or companies operate solely on the Internet or online business.

Q.3 What is Bricks-and-clicks?

Bricks-and-clicks is a business model by which a company integrates both offline. (bricks) and online (clicks) presences. It is also known as click-and mortar or clicks-and-bricks as well as bricks, clicks and flips, flips referring to catalogs.

Q.4 What is pure online and Bricks-and-Clicks?

Pure online means they sell exclusively through the Website. Bricks-and-Clicks means they make only some of their sales through it.

Q.5 Write note on pure online vs brick and click business.

Pure online use the Internet as a market entry strategy and brick and clicks use the Internet as an alternate channel of distribution. Several theoretical frameworks are used to explore strategic and performance differences between business models.

Internet-based consumer marketing suggest that brick and clicks are more effective than pure online at using the Internet for brand equity building. Moreover, brick and clicks also enjoy higher profit expectations. However, using the Internet as a channel for sales transactions has a negative impact on profit expectations for both business models.

Q.6 What are the advantages and disadvantages of online business?

There are a lot of things to consider before making the decision to start or move an existing business online, particularly if you’re not a computer or web guru, or haven’t started a business before.

Advantages of online business:

  • Cost savings in rent and staffing.
  • Greater flexibility and efficiency in product and service delivery.
  • 24/7 accessibility to customers all over worldwide.

Disadvantages of online business:

  • Some technical or web knowledge may be. necessary.
  • Software and hardware expenses.
  • Risk of online scams and fraud.

Q.7 Explain the nature and dynamics of the internet.

  1. Supports innovation without requiring permission: It is, though, important to remember that “using” the Internet means more than being able to download existing content or connect to services.
  2. Accessible: This makes the Internet more than great of content into which everyone can dip. Anyone or everyone can play a more active role than simply accessing existing content and services on the Internet.
  3. Internet is based on interoperability and mutual agreement: The key to enabling internetworking is to define the context for interoperation through open standards for the technologies, and mutual agreements between operators of autonomous pieces of the Internet.
  4. Collaboration: The best solutions to new issues that arise stem from willing collaboration between stakeholders. These are sometimes competitive business interests and sometimes different stakeholders.
  5. Reusable Technology: This building block approach has allowed the Internet to evolve in directions unimagined by its creators.
  6. Divergent realities based on business models: As the Internet is increasingly made up of commercial networks, one of the key ways to influence its evolution for good or ill is to focus on the business of building and using it. It becomes important to understand how business decisions and the Internet play together, developing policies for business practices that are supportive of, rather than impediments to, the Internet is key to its ongoing success.

Q.8 State the advantages and disadvantages of brick and click in e-commerce.

Advantages

  • Cover world wide customers.
  • Targets disabled people.
  • Low cost to start off.
  • Low maintenance cost.
  • No display area required.
  • High sales and profits.
  • trading 24/7.
  • high customer service.

Disadvantages

  • World wide Competitors.
  • Laws and Regulations.
  • Handling and security cost.
  • Storage area required.
  • Delivery issues.
  • IT staff required.

Q.9 Discuss the assessing requirement for an online business designing.

The five steps are:

  1. Define the accessible technology strategy: In this critical first step, you define how accessible technology fits into your business by identifying a vision and objectives that set the groundwork for the next steps.
  2. Identify requirements: In this step, you develop a comprehensive set of requirements by describing the scope of the accessibility needs of your organization and evaluating the current technology being used.
  3. Design, develop, and purchase technology: This next step involves the design and development of technology based on the requirements outlined in Step 2. This step might also include purchasing accessible technology and assistive technology products and identifying internal technology systems that need to be updated to increase accessibility.
  4. Implement and train: Once the accessible technology is in place, including new technology, it is rolled out to the organization. This step also involves increasing awareness among employees about the availability of accessible technology and training employees on how to use the accessibility features.
  5. Maintain technology and continue learning: In the last step, you increase awareness of the accessible technology vision in your organization, support employees in their use of technology, and evaluate success and opportunities for improvement.

Q.10 Explain the various stages of development and deploying the system.

System deployment is a complex endeavor which is a critical aspect of the software development lifecycle (SDLC).

  1. Identify and understand your deployment audience.
  2. Identify your deployment strategy early.
  3. Installation testing.
  4. Release regularly.
  5. Start planning early.
  6. Recognize that deployment is harder than it looks.
  7. Take an agile approach to planning.
  8. Reduce your pre-production testing efforts safely over time.
  9. Well-tested software is easier to deploy.
  10. Your plan must reflect your organizational culture.
  11. Update your deployment plan regularly.
  12. Work backwards when deployment planning.
  13. Have go/no-go decision points during the installation process..
  14. Develop “de-installation” scripts.
  15. Remember the data.
  16. Negotiate with legacy system owners early.
  17. Announce the deployment.

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