Business

E-commerce security is an important managerial and technical issue.  E-commerce security is concerned with unauthorized access to important data resources. Some e-commerce threats are controllable, some are partially controllable and some are completely uncontrollable. Some are intentional, while others are made unintentionally. E-commerce Security A comprehensive e-commerce security system protects hardware, software, procedures, customers, personnel […]

Smart cards are a thin, credit card-sized piece of plastic that contains a half-inch-square area that serves as the card’s input/output system. This is its sinter face with the outside world and handles a variety of applications. A smart card contains a programmable chip, a combination of RAM and ROM storage, and an operating system […]

Types of e-wallets based on the location of storage:- Electronic wallets fall in two categories based on where they store the consumer’s information: Server-sit electronic wallet:- A server-side electronic wallet stores a customer’s information on a remote server belonging to a particular merchant or wallet publisher. For example, if you enter your information on a […]

Features of Electronic Wallet:- Electronic wallets are commercially available for pocket, palm-sized, handheld, and desktop PCs. Most sites do not rely on wallets because their implementation forces the user to download the software and to establish a relatively complicated configuration. Buyer enters the purchase details and their ID and sends it over the Internet to […]

eWallet:- An electronic wallet, also called a digital wallet, is a piece of software that allows a user to make an electronic payment with a financial instrument. An eWallet serves many purposes: It provides security and encryption for the user’s personal information and for the actual transaction. It keeps a database of user-inputted information (shipping […]

The value chain is a way of organizing the activities of a business so that each activity adds value or productivity to the total operation of the business. In 1985, Porter introduced the term value chain in his book. In this book, he introduced value chain as a strategic tool to identify how the critical […]

Every business is part of a value chain, with suppliers on the buy side, and customers on the sell side. Cost-saving methods usually focus on the buy side of the value chain and on improving the productivity of systems and processes that interact with suppliers. Revenue-enhancing be befits usually focus on the sell side of […]

A supply chain is the system of organizations, people, activities, information, and resource involved in moving a product or service from supplier to customer. Supply chain activities transform raw material and components into a finished product that is delivered the end customer. A supply chain is a global network of organizations that cooperate to improve […]

The Porter’s value chain model was developed by Michael Porter in 1985 to depict how customer value accumulates along a chain of activities that lead to an end product or service. The value chain model serves as a basic tool for diagnosing competitive advantage and finding ways to enhance. It identifies technologically and economically distinct […]

Industry Value Chains The industry value chains are composed of all the value-creating activities within the industry ending with the completed product delivered to the customer. The value chain of an industry starts with the raw material manufacturer and finishes with the delivery of the final product to the customer. The key to analyzing the […]