Question
Special Note: (if any) Attempt all questions. Try to be precise and convey your understandings in least possible words. You will get no marks for
Special Note: (if any) Attempt all questions. Try to be precise and convey your understandings in least possible words. You will get no marks for cut, copy, paste. So try to be original... not a copy.
Q No. 1: Suppose there is an ABC Company which provides leading service for classified ads through website. In the said company you purchase, vend and trade items. You can also perform other dealings such as housing and job explorations. The place that is, the site is very easy, permitting customers to register and list an element for deal within minutes. If you looking to make a purchase simply go to the sale group and select the suitable subgroup (e.g. laptop, chairs, books, etc.). Navigation is stress-free in the website and you can easily doing your transaction through e-mail but the company hides the e-mail address to defend customer privacy. You can also monitoring the system for unsuitable content. In this scenario what type of business model of e-commerce used by the said company. Give solid reasons of proposed business model to satisfy your answer and also mention the advantages and disadvantages of that business model.
Q No. 2: Suppose one of your friends wants to develop online business. The main goal is to develop a business for freelance services and particular goods. The company of your friend will allow website owners to earn money by linking to a product for sale on his company. The company will also allow bloggers that can be paid for ads. So it will allow business to extract value from consumer. In this scenario what type of business model of e-commerce used by the said company. Give solid reasons of proposed business model to satisfy your answer and also mention the advantages and disadvantages of that business model.
Q No. 3: [Marks: 10] Suppose there is a big ABC online travel agency which offers services for which they charge a fee that is based on the number online tickets, which it process. Then according to your opinion what type of revenue model used in this company for revenue generation. Give solid reasons of proposed revenue model to satisfy your answer and also mention the advantages of proposed revenue model.
Q No. 4:
i. As a student of Business, state and justify why online shopping is better than in -store shopping ?
ii. Why revenue model is a part of the business model. Elaborate and justify with example.
iii. Discuss the advantages of m-commerce over e-commerce?
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