Mgmt 221 Module 6 Review

Module 6.5 Review Questions.

Part 1:

1. Most businesses should engage in e-commerce on the Internet. Do you agree or disagree with this statement? Explain your position.

I totally agree that any businesses that can manage becoming an e-commerce business should go for it. The market is thriving, I know for one I enjoy browsing for stuff online to buy and put into my “shopping cart”. It saves time for me to sit at home and multitask and shop while working on other projects.

2. What are the critical success factors for retail e-Business startups?

To be successful, businesses must develop attractive electronic marketplaces to sell products and services to consumers. (O’Brien 2012 Page 372)

3. If you were starting an e-commerce Web store, which of the business requirements summarized in Figure 9.13 would you primarily do yourself, and which would you outsource to a Web development or hosting company? Why?

For myself I would probably hire an outsource company to help in building up my company as I am not savvy with developing webpages or the likes. Although I would like to be a part of the design and give my inout on how it is built. If I could learn the basics and play around with it I may be able to learn. Once my business was up and running I would hire someone to take care of the financial side of things.

4. Are the form and use of information and decision support systems for managers and has the growth of self-directed teams to manage work in organizations changed the need for strategic, tactical, and operational decision making in business?

“Decision support in business is changing, driven by rapid developments in end-user computing and networking; Internet and Web technologies; and Web-enabled business applications. The growth of corporate intranets and extranets, as well as the Web, has accelerated the development of...