大学的生活原来可以那么忙碌的！

早上七点起身。

晚上一两点才睡？
为了什么?赶完功课，Assigment等等！！
真的时间不够用啊！
真的有时候很想不管，什么都不管
就好好的休息！
昨晚四点多才入睡
所以早上真的没有办法爬起身了！
哈哈哈！！
后来经过一番的联络，原来满多都没有办法起身，没有去上今天最早的课啊！
我就是其中一个！！
好了！！
是时候花时间去忙了！！

Question1,C

1. Greater information richness of the transactional
2. Lower information search costs for buyers
3. Diminished information asymmetry between sellers and buyer
4. Reduced time of purchase and possession
5. Buyers and sellers at different location

Q2
a. Goods that can be transformed to digital format and delivered over internet
b. Type of e-commerce organization
• Brick-and-mortar organization only maintain a presence off-line- food stalls, hair salons, etc
• Click-and-mortar organizations maintain a presence both online and off-line – Computer shops, Cinemas, Retails and banking
• Pureplay e-commerce organization maintain an online presence – Amazon.com, eBay.com, PayPal.com


Inefficient intermediaries which do not add value to exchanges in the marketplace are being eliminated (disintermediation). In many markets, the departure of inefficient intermediaries is creating opportunities for new value-added intermediaries (reintermediation)

Disintermediation- elimination of intermediaries between sellers and buyers
Eg: Dell, inc. –bypasses retail computer stores by using its Web sites to sell thousands of personal computers, printers, servers, and other computer hardware to consumers around the world.

New entrants have the opportunity to disintermediate existing relationship by:
• Reaching out directly to the customers
• Eliminating the retailers and other channels

Reintermediation – establishment of new intermediary roles for traditional intermediaries that were disintermediated.
Eg: Amazon.com and other onl;ine bookstores, hotels.com

Established players have the opportunity to reinvent or reintermediate existing market by capitalizing the growth of the internet.

Q4, A
Mechanisms that are necessary to conduct sale are:
• Electronic catalog
• Search engine
• Electronic cart
• E-auction facilities
• Payment gateway
• Shipment court
• Customer services

B
Definition- the presentation of product information in an electronic form

Advantages of online catalog
• Easy to update product information
• Able to integrate with purchasing process
• Good search and comparison capabilities
• Able to provide timely, up-to-date product information
• Provision for globally broad range of product information
• Possibility of adding on voice and animated pictures
• Long-term cost savings
• Easy to customize
• More comparative shopping
• Ease of connecting order processing, inventory processing and paymeny processing to system