Homework 3-8-2008

1. Track your comments at a focal point

Done

2. Using personal portal.


3. Make your blog organized by adding labels

Done

4. Reading Assignments: Read Chap 3. Answer the following questions.

* What are the commercial values of Internet?

Transform Customer Relationships
Supplier-Centered ----------------------------Customer-Centered
Supplier chooses hours of operation ------Supplier always available, customer chooses hours
Supplier chooses locations of service -----Service delivered at customer location
Supplier delivers services -------------------Customer serves himself
Focus on supply chain -----------------------Focus on customer needs
One-to-many ----------------------------------One-to-one

Displace the Sources of Value
Physical World --------------------------------Information World
Atoms ------------------------------------------Bits
Physical value ---------------------------------Digital value
Economies of scale ---------------------------Economies of scope
Mass-produced -------------------------------Mass-customized
Information value ----------------------------Knowledge value
Distribution as a constraint -----------------Distribution as an enabler
Local --------------------------------------------Global

* List some business strategies for online commerce.

Channel Master --ex: Cisco Systems
Customer Magnet --ex: Yahoo
Value Chain Pirate --ex: Autoweb
Digital Distributor --ex: Monster.com