Wednesday, May 6, 2020
Disadvantages of Online Shopping - 614 Words
Even though online shopping is more convenient, in store shopping provides a better experience because of the quality customer care you receive and your ability to leave with your purchase. People shop online because of convenience. Without taking into account the hardships they might have to deal with once there purchase has been made. Convenience is a plus, but only if there are no hiccups along the way, possibly disheartening you the buyer from wanting to make a purchase at that retailers site again. In store department stores have a better reputation when it comes to customer service, to the quality of merchandise and the overall shopping experience. Do not settle to shop online based on ââ¬Å"special offersâ⬠or ââ¬Å"web onlyâ⬠deals. OK, we all have been lured to a site due to a special advertised sales deal at one time or another. Only to find the deal is not a deal at all because when shipping and tax is figured in, there really is no savings. Online shopping kills the age old mystique of the salespersonââ¬â¢s swagger. A professional salesperson is trained to be mindful of your needs and have the intuition to recommend the right product based on listening to what those needs are during the sale process. Having an individual on hand to help you find the right size, color, shape and style is a testament to what the in store shopping experience is all about. You want to be able to receive on the spot opinions about the pros and cons of the product you are interested in, to ensure youShow MoreRelatedAdvantages And Disadvantages Of Online Shopping1018 Words à |à 5 PagesThe online shopping trend is becoming incr easingly popular. People nowadays can get everything they need online, such as clothes, books, groceries, etc. Online shopping is a new type of technology trend that people are getting addicted to because it makes peopleââ¬â¢s life easier and saves them time. Shoppers can visit web stores from the comfort of their own home and shop while they are sitting in front of their computer. Many online shoppers do not have to waste time on shopping anymore. Online shoppingRead MoreAdvantages and Disadvantages of Shopping Online1600 Words à |à 7 PagesAdvantages [edit] Convenience Online stores are usually available 24 hours a day, and many consumers have Internet access both at work and at home. Other establishments such as internet cafes and schools provide access as well. A visit to a conventional retail store requires travel and must take place during business hours. In the event of a problem with the item ââ¬â it is not what the consumer ordered, or it is not what they expected ââ¬â consumers are concerned with the ease with which they can returnRead MoreSpeech of Online Shopping Advantages and Disadvantages1231 Words à |à 5 PagesAdvantages and Disadvantages of Internet Shopping The advantages and disadvantages of Internet shopping tell us just one thing, and that is, ignore the disadvantages. The advantages are so great that you cant stop yourself from shopping online just because of a few drawbacks. Continue reading to know more about Internet shopping, its advantages and disadvantages. Ads by Google Forum The Shopping Mall Kids, Fashion, Lifestyle Products For all your modern lifestyle Needs ForumTheShoppingMallRead MoreImpact Of Online Shopping On Businesses1439 Words à |à 6 Pagesthat applies in Australian workforces. The issue is the impact of online shopping and what effects it has on businesses. According to Australian Bureau of Statistics, 43% of Australians use the internet to buy products and services . This states that the internet is changing consumer shopping habits fast, and most likely, forever. As reported by the National Retail Association, 50,000 people will lose their jobs due to internet shopping . These statistics will significantly affect the work place withRead MoreOnline Shopping and High Street Shopping1465 Words à |à 6 PagesNowadays, an increase in the technological revolution has happened in the world; however, the internet is the important significant revolution that has ever known so far and used by a lot of people .Shopping via the internet has become one of the most successful uses that can connect the various and companies and consumers alike. That is because of the wealth of time and effort, rather than travel to buy the specific needs of a country. It has been able to the users of the internet to choose whateverRead MoreAdvantages of Online Shopping675 Words à |à 3 PagesOnline shopping, the Mecca for deal findings and savings on anything and everything a consumer could want, offers both advantages and disadvantages. All shopping has some of both, so here are the facts so you can judge whether online shopping is for you. Advantages: Save money. The biggest advantage to online shopping is the amount of money you can save with a little time and patience. Just like in-store shopping, online shopping requires that you shop around and visit more than one siteRead MoreTraditional Shopping vs Online Shopping1557 Words à |à 7 Pages1. Traditional and online shopping environment In the traditional shopping, one has to leave home, either walk or take a ride to a particular location in order to buy what one wants. There are many ways of traditional shopping such like shopping at shopping center, outlet village, markets or department stores. However, online shopping has been developing at a fast rate through recent years and more and more people are moving towards this mode of shopping. The online shopping is typically done atRead MoreThe Internet : The Challenges Of The Internet797 Words à |à 4 Pagesmany advantages some may include online fundraising and online job hunting but there are the disadvantages as well, such as viruses and online shopping. Despite the fact that most of this generation go to the internet for answers, the internet isnt the most convenient source to go to for solutions. Fundraising sites are a smart idea of the internet because it benefits people in need. In the article, ââ¬Å"The Benefits Of Online Fundraising,â⬠Joe Baker said ââ¬Å"Online fundraising is gaining a seriousRead MoreOnline Buying and Selling1001 Words à |à 5 Pagesinterested in purchasing. Although there are many benefits to using sites like those or even to be able to look into local sales online, but there are also some down sides to this type of buying and selling on the internet. In this paper, we are going to discuss the advantages and disadvantages of buying and selling online. There are many advantages to shopping online, whether it is through a used website like Craigââ¬â¢s List, a bidding website like EBay, or a retailerââ¬â¢s website like JCPenny. CustomersRead MoreOnline Shopping: Risks and Benefits1417 Words à |à 6 PagesOnline Shopping: Risks and Benefits There has long been a need for the consumer to purchase goods without ever having to leave their home. The industry started with mail order catalogs such as Sears Roebuck that offered consumers the convenience to order goods without having to travel a long distance to see what was available. The catalog offered everything from clothing to toys, and even farming equipment that made it easier for early American families to purchase goods without having to travel
Tuesday, May 5, 2020
Internet Security of Information and Products
Question: Discuss about theInternet Security of Information and Products. Answer: Introduction The internet has contributed immensely to the evolution of the patterns of carrying out business practices, acquiring various information and entertainment as well as communication with people across the globe. However, it has become subject to hacking and crime which has led to massive loss of information, compromised security systems as well as unauthorized use of peoples ideas about products and business strategies (Matsuura 2008). The healthcare sector, technology companies, financial services firms and the government make the list of top targets of cyber-attacks. Breaches that result from cyber-attacks have continuously made large negative economic impacts on businesses and the society as a whole. It, therefore, calls for the establishment and development of new and useful models that capture the competitive the behavior of sellers and buyers in modern market place together with investment in cyber security. Internet Security Approaches Many theories have been established to discuss the issue of application of internet security to valuable information and products for various organizations in the world. Game theory model provides a framework for the investigation of the different people and businesses organizations that compete for exceptional business opportunities while taking into consideration, their level of cyber security investments so as to eliminate or minimize financial losses from cyber-attacks (Hubaux 2013). By-products, we talk about manufactured, commercial as well as the digital products. Buyers use the internet to participate in economic transactions, some of which could involve the use of debit and credit cards. Sellers aim at maximizing their profits while investing in cyber security and competing amongst themselves. Network security is highly beneficial to sellers in sustaining financial damages due to cyber-attacks which may, in turn, lead to the loss of sellers reputation, identity and opportuni ty costs. The engineers approach to security narrows down to providing the best possible internet security through the use of more specialized software, encryption, advanced data integrity checks and revised technical standards (Shetty 2009). It offers a suggestion that the aforementioned technical standards and innovations are the key elements to be considered in this approach. The homeland security view on cyber security is geared towards doing away with all illegal domestic as well as foreign activities that pose a danger to vital national interests, and that breaches the security state of private individuals and firms in the country. It further suggests that the best way to achieve security is through national borders and government intervention. The market-based approach looks at the whole issue in the context of creating efficient economic procedures or mechanisms that are controlled by the market participants themselves, by aligning different security interests through market signaling and prices. The key elements to be given priority are the costs involved, benefits up for grabs alongside the flexibility the decentralized decision-making processes. The costs of arriving at higher levels of security will increase as the challenges associated with technology become continuously complicated as time goes by (Tatsumi 2009). Organizations have the ultimate duty of complying with two critical factors about information security namely: Accepting the idea of information technology (IT) security entirely by showing clearly both internally and externally that they have installed policies, procedures, checks and balances which are aimed at the protection of information assets. It may be a legal, regulatory or certification requirement which is needed to shield the reputation and instill confidence in both employees and customers. Putting in practice the concept of information asset protection. This method ensures there is confidentiality and maintain business competitiveness. References Anderson, R, Moore, T. (2006). The Economics of Information Security. Science, 314(5799), pp. 610-613. Hauksen, K. (2006). Returns to Information Security: The Effect of Alternative Information Security Breach Functions on Optimal Investment and Sensitivity to Vulnerability. Information Systems Frontiers, 8(5). pp. 338-349. Manshei, M.H. , Alpcan, T. Basar, T. Hubaux, J.P. (2013). Game theory meets networks network security and privacy. ACM Computing Surveys, 45(3), 25:1-25:34, June. Nagurney, A. (2015). A Multiproduct Network Economic Model of Cybercrime in Financial Services. Service science, 7(1) pp. 70-81.
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