Competition in businesses and conventional market


Question1. When treating one-to-one marketing and personalization in E-Commerce, it is significant to understand how the E-Commerce Trust Model operates. Illustrate the E-Commerce Trust Model by means of a diagram and describe how the dissimilar components interact with each other.

Question2. Just as there is competition in businesses and the conventional market, competition also takes place in the digital economy. What are the characteristics compulsory for perfect competition in digital economy?

Question3. Mobile commerce (m-commerce) can be roughly termed as “e-commerce conducted via wireless devices”. Suggest four promises of m-commerce.

Question4. What are the key Issues that must be discussed and agreed on for the strategic alignment workshop for an E-procurement initiative? You are advised to consider the guiding principles for developing and implementing an E-procurement initiative in your answer.

Question5. Give a detailed discussion of the three major areas which are normally employed as choosing criteria for an e-procurement project.

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Managerial Economics: Competition in businesses and conventional market
Reference No:- TGS06685

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