ISYS104 Lecture 8: Week 8 Notes
20 Aug 2018
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Pre internet systems one way from vendor to the customer. E commerce buying and selling of goods and services over private and public computer networks. Web 2. 0 better potential of browsers and extensions that allow thin client applications and new business models. Enterprise 2. 0 application of technologies to manage cooperative work. Does not include information retrieval without a fee. Three main types: b2c sale between supplier and retail customers. Involves web storefront: b2b- sales between companies, b2g sales between govt. agencies and business. Amazon. com (provide goods and services at a price with delivery costs but ha(cid:448)e (cid:374)o o(cid:449)(cid:374)ership of the good. Matches buyers and sellers like a stock exchange (webjet or iselect) Disintermediation - removes the middle channels of distribution. Price elasticity - suppliers can set a price based on changes in market demand to price. Economic factors that go against e commerce: channel conflict, price conflict, logistics expense, customer service expense.
