Question
a) Kibwana runs a hardware store located in Nairobi and imports most of business stock from china. He has established a connection with a
a) Kibwana runs a hardware store located in Nairobi and imports most of business stock from china. He has established a connection with a supplier located at china and most cases he places orders online via their company site and pays for the goods online. Kibwana has made an arranged with his bank to create an electronic wallet for him specifically to be paying for the supplier in china i). Distinguish between electronic cash from electronic wallet (4 Marks) ii). Explain the three approaches Kibwana can employ in analyzing the effect of ebusiness on his hardware store iii). Describe four desirable properties of digital money iv). Explain two roles of this type of E-Business strategy (6 Marks) (4 Marks) (2 Marks) b) Briefly describe any four business models for E-commerce citing an example in each case (4 marks)
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