MIS Assignment by Geleta
MIS Assignment by Geleta
MIS Assignment by Geleta
Table of Contents
1 Global E-business ........................................................................................................................ 2
3 M-Business ................................................................................................................................ 11
Reference ...................................................................................................................................... 18
Examples include Amazon, eBay, and Uber. B2B (Business-to-Business): A B2B e-business sells
products or services to other businesses. Examples include Alibaba, Thomas Net, and Salesforce.
C2C (Consumer-to-Consumer): A C2C e-business allows consumers to buy and sell goods and
services directly to each other.
The 4 Main E-commerce Business Models for Building a Successful Online Store main image
Running your own online business can be highly profitable, but it is not as simple as building a
store and hoping for the best. You still need to have a set of business goals that will make your e-
commerce store successful.
That's why, in this post, we will cover the four main types of e-business models and how they can
help you build a successful e-commerce business.
Cybersecurity has become ingrained in e-business with deployments of endpoint device security
and advance detection and response capabilities. Security is built into browsers, and digital
certificates are now available for individuals and companies from various vendors providing
cybersecurity tools and technologies. Even though securing business transactions on the web
remains a pressing issue for consumers and enterprises, e-business continues to grow at a healthy
pace.
Utilizing customer information can enhance their online shopping journey, increasing the
likelihood of converting visitors into customers.
This article explains how tracking user journeys from online sources, such as organic search and
PPC ads, can help reveal insights about keywords, pricing, user experience and more. SEO experts
can assist if required.
3 M-Business
Mobile business (m-business) refers to new business models enabled by the extensive
deployment of key mobile and wireless technologies and devices (for example, Bluetooth, e-
purses, smartphones, UMTS and WAP), and by the inherent mobility of most people’s work
styles and lifestyles. The value proposition of m-business is that the user can benefit from
information or services any time and in any place.
M-commerce (mobile commerce) is the buying and selling of goods and services through
wireless handheld devices such as smartphones and tablets. M-commerce is a form of e-
commerce that enables users to access online shopping platforms without the use of a desktop
computer.
Automation. M-commerce automates a business's point of customer contact and sales with a
variety of mobile contactless payment options, such as Apple Pay, PayPal One Touch and Visa
Checkout. Many e-commerce sites also offer one-click checkout process functionality, which
enables users to add payment information only once and then use the one-click option for every
purchase made thereafter.
Omni channel experience. M-commerce creates an Omni channel experience where products can
be sold via multiple channels -- e-commerce websites, Amazon, eBay, Instagram. This approach
makes it easier for customers to buy whenever and wherever they want.
Security vulnerabilities. Many users are still hesitant to make purchases over a mobile device
because of security risks. Even with two-factor authentication, mobile fraud is on the rise and
many merchants have still not adopted fraud prevention practices for the smaller screen. Attacks,
such as SIM swaps and mobile malware, are becoming more common and can discourage users
from making payments through their mobile devices.
Finally M Business have the following challenges on the business world
The technology required to set up M-commerce at the moment is very expensive.
The initial cost to begin a business is very high.
In developing countries, the network signal is not very good and the providers are not
capable of providing good speed. Due to this, it is not suitable for data transfer.
There is a risk of security- Although it is quite safe these days, there is always a chance
of data leaking and intrusions.
A poorly designed app can lead to lesser number of purchases because of customer
dissatisfaction.
Mobile payment is still not available across many locations in the world.