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FTP - File transfer Protocol ISP - Internet Service Provider DNS - Domain Name Server Revolution Change Digital Enabled Transaction -All transactions that are mediated by digital technologies Commercial Exchange of value between or across organizational or individual boundaries in return of a product or service for a commercial transactions What is the difference between E-Commerce & E-Business E-Business Digital enablement of transaction & process within a firm involving information system under control of firm. e.g. : online inventory control, LMS - Leave Management System, EMS - Employee Management System. E-Business turns into E-Business when there is a commercial value added to it. <<DIAGRAM>> Information Asymmetry Geographical Boundaries Information about price/cost/fees are hidden from consumers creating a profitable hidden information asymmetry. This creates a disparity in relevant market information that confuses the customers. The

Sno. Roll No. Assignments 1 2032,4501 Simulation of computer system 2 4502,4506 Web Simulation 3 4507,4568,4538 Simulation of Queuing System and its applications e.g. Food Bazaar 4 4508,4536,4546 Input Output modeling for simulation 5 4509 Random Number generation for simulation 6 4510,4525,4520 Application of Simulation for solving network flow problems 7 4511,4543 Simulating Car Parking 8 4513,4533,4531 Monte-carlo Simulation 9 4514 Simulating grocery Shop 10 4516,4535,4551/08 Simulation of websites to improve traffic for a website 11 4515,4528,4529 Understanding GPSS 12 4518,4554,4566 Gaming Simulation 13 4519,4524 Conducing web simulation on e-commerce portals 14 4530,4551,4556 Understanding Object oriented simulation 15 4534,4557 Learning to solve Problems using simulation 16 4539,4542 Developing a Simulation Database: Studying case studie

Custom Search UDP - User datagram protocol (most used protocol). www is based on this protocol. Network Interface Layer is a club of physical layer and protocol of data packet flow. DHCP - Dynamic Host Controller Protocol , provides dynamic IP address to the once requesting for it. ICNM - Governs the IP address. Routers - Helps packets to reach the destination (in local level), bridges (in regional), gateways (in national level ) Transport Layer decides the how they are going to flow, like session, security, and data path. Application Layer is which has the interface with the user, which arranges the data packets in the correct order. Important topics : Layers of TCP/IP Their functionality Benefits of using TCP/IP Definition of IP address, Domain name, DNS, route servers - are the central directories that list all the domain names that are currently in use. The DNS server consults the rou

Phases of development of e-commerce : E-commerce phases can be broadly classified E-Commerce I - Period of explosive growth (1995-2000) E-Commerce II - Current Era (beginning 2001) Vision behind E-Commerce I  : Existence of internet : availability of PCs, LAN Starting of Bertrand market: It’s a market where price, cost, quality  info. Is equally distributed, where infinite set of suppliers compete against one-another. Merchants have direct access to all relevant market info. Worldwide.   Development of shopping  bot : It’s a program that automatically searches web for best prices and delivery times. Cost of searching fell : There was a limit that end of wasteful ad campaigns which were meant to ….   Reduction of info. Asymmetry   Dis-Intermediation : Implies disappearance of market middleman, i.e. displacement of market middleman who traditionally are intermediaries between producer and the consumer by a new direct relationshi

Business Strategies   are set of plans for achieving superior long term returns on capital invested in a firm. It includes strategies for making profit in the competitive environment in the long run. This profit represents economic value (Economic Value is created when a customer is willing to pay for a product with a price which is more than the cost of the product) Four strategies that are commonly used are based on : Differentiate strategy - Refers to the different ways through which a producer can make the product unique & different to distinguish them from competitors. Opposite to differentiation is commoditization - when there's no difference in products and services and the only basis of choosing a product is price. In such a situation when the price alone is a parameter for competition. There are many sellers and buyers in the market and there is a great fall in the price of the product eventually the price of the good falls t

C2C Usage of tech. to enable customers to share resources with each other. Major revenue model : subscription, transaction fees and advertisements M-Commerce : With the wireless tech. its possible to conduct transactions on a mobile. Revenue model : sale of goods. E-Commerce enablers : hardware : Web Servers from IBM , Oracle , DELL ; Software : OS, Server Software from Oracle (technology). E-Commerce software system that enables B2B and B2C. Networking  products like routers from CISCO. CRM softwares : Salesforce.com Online payment system : Paypal, Cybercash, etc. Seven unique features of e-commerce technology : Ubiquity - No regional boundary, new market channels has been created causing expansion in the size of overall market, resulting in improved efficiency by lowering the cost of operations. Like travelling, and inventory mngmt. Cost is zero. Global Reach - Low cost entry in global market Universal standard - Easy

B2C Business Model Portals - Vertical | Horizontal A portal is any website which is into consumer sale. These offer integrate packages of services and contents, such as news, e-mails, shopping , download. These generate revenue by charging money from advertisers, subscription fees, transaction fees, etc. Horizontal -Portals which sell  variety of products. E.g.: Yahoo, amazon, aol are horizontal portals because they cater/provide services to  all uses of the internet, i.e. they have a wide market space. Vertical Portals ( Vortals ) - Which sells product of a particular sector. These attempt to provide similar service as of horizontal portals but are  focused on around a particular subject matter or a market segment. E.g.: iBoats.com E-tailers : Virtual Merchant : Amazon, Snapfish : It’s a online version of retail store where a customer can shop day or night without leaving home or office, i.e. travelling cost. Click and mortar : It's