Question

Outline the types of costs that would be included in the total cost of ownership of...

Outline the types of costs that would be included in the total cost of ownership of an electronic commerce implementation. Explain why more businesses are using measures such as return on investment in the second wave of electronic commerce than in the first wave. E BUSINESS TECHNOLOGY

Business   Operations-Management   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

Total cost of ownership includes:

  • costs of hardware, software, design work outsourced, and salaries at all level of workforce- Project Manager/ Business Analyst / Map Developer/ Applications Integrator / Web Forms Developer / Internal B2B IT Support / Infrastructure Planning Team /Change Management Team / Help Desk & Monitoring Team etc.
  • In house implementations in software tools and technology support, one-time cost and annual costs of softwares like CRM/ Salesforce.com etc. IT infrastructure costs of Bandwidth and server, data Security, Backup and disaster recovery

Wave-2 consists of:

Emerging websites like MySpace (2003) and Facebook (2006), Twitter, You tube etc, which has made Social shopping platforms began to emerge; product sharing and social engagement activities growing among people like anything before. Blogging also came into being during this wave, produced Influences writing experiences with products. Technology Web 2.0 improved abilities to manage large global crowds with similar interests, across international internet traffic, which was at boom these days. Hence, companies feel that utilizing this market trend with right technology/ social platforms and tools, like SEO, SEM, they will be able to draw more incoming traffic to their websites, engage more and more prospects and suspects to be their more customers, educating about the product and luring them to buy, share their buying experience and product usage and influence others’ to buy too, thus becoming not only loyal customers but also brand advocates.

Above resulted in share of wallet of each customer buying, increase in share of category of customer buying, more retention of customer, better Net promoter Score for the ecommerce companies, providing better Earnings per Share to investors and stockholders. This further drove more investors, financers, Mergers and acquisitions of tech enabled companies to grow as a larger fish in the market.

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
This chapter discusses many types of costs: explicit costs, implicit costs, total cost, average fixed cost,...
This chapter discusses many types of costs: explicit costs, implicit costs, total cost, average fixed cost, average variable cost, and marginal cost. Fill in the type of cost that best completes each sentence. ALL POTENTIAL ANSWERS ARE EITHER AVERAGE FIXED/ AVERAGE VARIABLE/ EXPLICIT/ IMPLICIT/ MARGINAL/ OR TOTAL COST Profits equal total revenue minus ______________ . The term __________ refers to costs that involve direct monetary payment by the firm. _____________   is falling when marginal cost is below it and rising...
If marginal cost is less than average total cost, are average total costs rising or falling?...
If marginal cost is less than average total cost, are average total costs rising or falling? Alternatively, if marginal cost is more than average total cost, are average total costs rising or falling? Explain how this example might apply to a basketball player attempting to achieve a high average points per game.
The goal is to estimate annual equivalent cost of car ownership. General outline. find a price...
The goal is to estimate annual equivalent cost of car ownership. General outline. find a price quote for a new vehicle, resale price for the same model, annual maintenance cost and gas expenses; assume annual mileage to obtain annual gas expense; time of ownership of two vehicles should not be equal. Some hints. you can use www.edmunds.com, www.canadianblackbook.com or any other website of your choice to choose two cars you wish to compare. You can use the same website to...
Discussion Questions: 1. If opportunity cost is more intellectually satisfying way of measuring costs of an...
Discussion Questions: 1. If opportunity cost is more intellectually satisfying way of measuring costs of an action than accounting cost, why do businesses use accounting cost? 2. Many people agree that corporations should be socially responsible. However, Milton Friedman denied the social responsibility of corporations by saying that the only corporate responsibility is to make profit. Who is right? Why? 3. President Trump promises to lower business taxes to a level comparable to some of the lowest business taxing states...
Which of the following statements is correct? A. Agency costs can be minimized by separating decision...
Which of the following statements is correct? A. Agency costs can be minimized by separating decision management from decision control. B. Specific internal accounting procedures, such as standard costs, aid in decision management. C. For decision management, most managers prefer accounting numbers. D. Departments and companies with lower stock turns are using their capital more efficiently by limiting the number of times inventory is replaced during the period. E. All of the choices are correct. Economic value added (EVA): A....
Coleman Technologies Inc. Cost of Capital A.​(1)​What sources of capital should be included when you estimate...
Coleman Technologies Inc. Cost of Capital A.​(1)​What sources of capital should be included when you estimate Coleman’s WACC? B.​​What is the market interest rate on Coleman’s debt and its component cost of debt? Enter N, PV, PMT, and FV, and solve for I/YR rd(1 – T) C.​(1)​What is the firm’s cost of preferred stock? rp = ________________________ D.​(1)​Why is there a cost associated with retained earnings? D.​(2)​What is Coleman’s estimated cost of common equity using the CAPM approach? ​rs​= rRF...
Almost everything you buy includes a selling cost component that exceeds one-half of the total costs....
Almost everything you buy includes a selling cost component that exceeds one-half of the total costs. Your clothing, food, DVD’s, and your textbook for this course cost more to sell than they cost to produce. Why are selling costs so high? In other words, what is "bundled in" to the cost of your product beyond profit, labor, transport, and raw materials? In your response, consider what firms must do to differentiate their product from others on the market, starting with...
9-A well designed responsibility center will include the following types except for: Select one: (a.) cost...
9-A well designed responsibility center will include the following types except for: Select one: (a.) cost center (b.) revenue center (c). proftit center (d.) investment center (e.) diversification center 10- Segmented reporting can be made by all except:Select one: a. division b. product or product line c. outsourcing agents d. service center e. sales person 11. Rate of Return on Investment (ROI) breaks down into margin and turnover which reveals where enhancing actions can be taken in the following: Select...
9. The Alfa Specialty Engineering Company (SPEC) is opening for business. The shop sells various types...
9. The Alfa Specialty Engineering Company (SPEC) is opening for business. The shop sells various types of unique hydraulic system replacement parts. • A system engineering firm has offered to buy 1,500 specialty items for $10,000. • Fixed costs for one month = $4,000 • SPEC has priced the items at $8.00 each. • Variable cost per item = $6.00. Questions: a. Calculate SPEC’s operating breakeven point. b. Calculate SPEC’s EBIT on the order. c. If SPEC renegotiates the contract...
Mastery Problem: Manufacturing Cost Variance (Actual Costs Compared to Standard Costs) Manufacturing cost variances may come...
Mastery Problem: Manufacturing Cost Variance (Actual Costs Compared to Standard Costs) Manufacturing cost variances may come from material costs that are higher or lower than expected, material usage that is not what was expected, higher or lower labor costs than expected, or more or less time spent to produce an item than expected. Overhead cost and volume variances are another cause for costs to be higher or lower than what was expected. The total manufacturing variance can be broken down...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT