IT430 Assignment 3 Solution and Discussion

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Assignment No. 03
Semester Fall 2019
IT430:E-Commerce
Total Marks: 15
Due Date: 16/01//2020

Instructions:
Please read the following instructions carefully before solving & submitting the assignment.
It should be clear that your assignment will not get any credit (zero marks) if:
o The assignment is submitted after the due date.
o The submitted assignment is other than .doc or .docx file.
o The submitted assignment does NOT open or file is corrupted.
o The assignment is copied (from another student or ditto copy ofthe handouts or internet).
o No assignment will be accepted after the due date via email in any case (whether it is the case of load shedding or internet malfunctioning etc.). Hence refrain from uploading assignment in the last hour of the deadline.

Uploading instructions
o For clarity and simplicity, you are required to Upload/Submit only .doc or .docx file.

Objective
The objective of this assignment is:
o To make students understand about the idea of revenue models on the internet.
o To clear the concept of e-business and its implementation.
For any query about the assignment, contact at [email protected]

Scenario
Suppose Mr. Akram has established a joint venture company which deals with different commodities through online e-business. This company has to process thoudands of customer’s transaction each day. It needs a powerful web server which to handle all the requests efficiently. The main purpose of an e-business is to generate revenue and earn profit alongwith reducing cost and improving customer services. Keeping in view of the following scenarios, you are required to identify the revenue model for particulars (Businesses) which will be implemented e-business of this joint venture compay:

 Facebook and YouTube are displaying different types of advertisements. These advertisements can be seen or skipped depending upon our choice. Which revenue model will be implemented here?

 For online business of retail store of child’s garments, where customers can shop 24 hours a day without leaving their home or office. Which revenue model will be implemented here?

 Suppose you purchase T. Shirt online and make your payment using your credit card. Which revenue model will be implemented here?

 Let’s say that, you are having a health issue and need some assistance online from a doctor. You approach him/her online for discussing your health related issues and pay fee for availing this service. Which revenue model do you think is appropriate in this case?

 Joint Venture Company offered a platform to submit and publish books, research papers and research articles. Which revenue model will be implemented here?

Good Luck!