Assignment 2 Instruction   [2-1]     What are some of the major advantages and disadvantages of being a first mover? [2-2]       What are five of the major differences between the early years of e-commerce and today’s e-commerce?  [2-3]       Why is a multidisciplinary approach necessary if one hopes to understand e-commerce?  [2-4]      What are some of the privacy issues that Facebook has created?  [2-5]         Describe the five primary revenue models used by e-commerce firms

Assignment 2 Instruction

[2-1]     What are some of the major advantages and disadvantages of being a first mover?

[2-2]       What are five of the major differences between the early years of e-commerce and today’s e-commerce? 

[2-3]       Why is a multidisciplinary approach necessary if one hopes to understand

e-commerce? 

[2-4]      What are some of the privacy issues that Facebook has created? 

[2-5]         Describe the five primary revenue models used by e-commerce firms. 

[2-6]        Would you say that Amazon and eBay are direct or indirect competitors? (You may have to visit the websites or apps to answer.) 

Project

[P1-1]    Examine the experience of shopping online versus shopping in a traditional environment. Imagine that you have decided to purchase a digital camera (or any other item of your choosing). First, shop for the camera in a traditional manner. Describe how you would do so (for example, how you would gather the necessary information you would need to choose a particular item, what stores you would visit, how long it would take, prices, etc.). Next, shop for the item on the Web or via a mobile app. Compare and contrast your experiences. What were the advantages and disadvantages of each? Which did you prefer and why?