Week 1. 

• Internet risks – give examples of four things that can go wrong with a transactional site?
• Transactional sites, like online banking for example can have many implications.. Many of these concerning security and data integrity

1. Alot of personal and sensitive information is used while logging into a internet banking site. A user has to be aware that any information that is given out over the internet, if no secure can act as a security risk. One risk include identity theft.
2. Another risk of a transactional site can include, reliability and integrity of the information and service a site provides. If a website goes down due to technical problems, this can cause many customers to seek out a new provider and go elsewhere.
3. Problems including malware and viruses can act as a risk to both users and the site if the proper security precautions are not put in place.
4. User errors are another risk to a transactional site. If user transfers money, but the page refreshes or closes before the transaction can be completed fully. The payment may not of been made and can cause problems including overdue and unpaid bills.

• Write down a definition for each:
• E-business: Ebusiness relates to the long term goals and relationships between stakeholders over the internet. In Ebusiness, customer values are considered when making business decisions.
• E-commerce: E-commerce is simply the method of making a transaction (buying or selling) of the internet. Ecommerce is a subset of Ebusiness. Ecommerce is considered as spot buying, or by using modern technologies to make a transaction.

• What is the difference between buy side and sell side eCommerce?
• The difference betweem buy side and sell side is quite obvious. A buy side website would deal in the buying of products or services, where as the sell side business would deal in selling products or services, for example www.toyota.com.au

• Describe the different types of eBusiness.
• Consumer to Consumer (C2C)
• Consumer to Business (C2B)
• Consumer to Government (C2G)
• Business to Consumer (B2C)
• Business to Business (B2B)
• Business to Government (B2G)
• Government to Government (G2G)
• Government to Consumer (G2C)
• Government to Business (G2B)

• Which digital technology has the highest penetration rate? Explain and source your answer.
• Mobile phone technology has the highest penetration rate in the digital world with sources from International Telecommunication Union showing that during 2006, Indiea was the top country with on average 6.3 million new mobile subscribers every month. By the end of 2007, it was studied that out of 100 people, 45 people had a mobile phone.  As of 2011,  1 in 2 people own a smartphone (blog), and these figures are likely to increase in trend in the years to come.

• List: Four drivers to adoption of sell-side e-commerce by business.
• By using e-commerce a business can reach a wider audience.
• Sales and advertising cost are reduced as most administrative tasks can be completed online.
• Larger amount of information can be collected via online tools such as google analytics this would allow a business owner to view and report business and customer activity
• Alot of business processes can now be automated with the use of certain payment systems, for example, Paypal.

• Four barriers to adoption of sell-side e-commerce by business.
• Lack of knowledge with web tools, and general computer skills may put a barrier between a business and e-commerce.
• Costs including initial and ongoing site maintenance cost may be expensive.
• Some customers will find will not use online services due to trust issues that arise with online business and security. 
• Security issues is one main barrier with some business adopting online business. This can include identity theft, viruses and human and computer error.

• How might a restaurant in Sturt Street Ballarat benefit from an online presence?
• A restaurant in Sturt St Ballarat would benefit from a online presence in many ways. In most cases websites to cater for business can be cheap and easy to run. Exposure to more people via the internet may increase popularity, and by providing their menu, address and contact on the details on the site, customers can find it appealing and with order if an impression is made.

• What are some examples of Digital information?
• Digital information can be found on many types of different media. This could include photos and images, to text and not forgetting music and audio books. Today facebook's focal point is on connecting people together. This is achieved through the method of photos, and now people can 'tag' (a process when a digital label can be put onto the photo that names each person in a photo) their friends.

• What is the semantic web? Are we there yet?
• Thought up by Tim Berners Lee, inventor of WWW, URIs, HTTP and HTML, Semantic Web can be seen as the evolutionary way to connect with other people including friends and family on the internet. Semantic web would allow digital information to be shared, thus using the internet to its full potential. 

• Above is an excellent introduction and explanation of what semantic web.