Computer Science 1032A/B Chapter Notes - Chapter 9: Enterprise Resource Planning, E-Commerce, Disintermediation

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COMPSCI 1032A/B Full Course Notes
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COMPSCI 1032A/B Full Course Notes
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Examples of b2b, b2g and b2c. 276: electronic exchange: match buyers and sellers w/ business process similar to that of stock market. Sellers offer goods @ given price through electronic exchange. Buyers make offers to purchase over same exchange. Price matches result in transactions exchange take commission. Intermediation/re- intermediation: new players inserted into sales/distribution process eg: apple, travelocity. ca, etc . Social capital earned through social networking. Social network: structure of individuals and organizations that are related to each other in some way. Social networking: process by which individuals use relationships to communicate w/ others in social media. According nan lin, social capital adds value in 4 ways: How do social networks add value to business: progressive firms maintain presence on facebook, linkedin and twitter. 3 considerations of how social networking is enabled by technology. Comparison of web 2. 0 w/ traditional processing. Web 2. 0 processing: major winners: google, amazon, ebay. Traditional processing: major winners: microsoft oracle, sap.

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