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Running head: MANAGING INFORMATION SYSTEMS
Managing Information Systems
Name
Institution
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MANAGING INFORMATION SYSTEMS
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Managing Information Systems
1. What are the unique features of e-commerce, digital markets, and digital goods?
The following are four business trends in e-commerce. First, e-commerce is the fastest
growing form of business when it is compared with retail stores and other forms of business like
service and entertainment. Secondly, the range of products and services offered using the ecommerce in the recent past have increased significantly. Thirdly, in the recent past, the small
business and entrepreneurs have entered the e-commerce industry, and they are using
technological infrastructures created by giants in the industry as well as capitalizing on cloudcomputing services. The last trend is the mobile e-commerce, which has led to the development
of various Apps to facilitate transactions and this has enabled the offering of location-based
services and online entertainments downloads which includes e-books, music, and videos.
Technology trends shaping e-commerce. First, there is increased use of wireless internet
connections which include WiMAX and WIFI among others. The second trend is the social
media networking where the following sites and software dominate the platform: Facebook,
Twitter, Myspace, Instagram and LinkedIn among others. The platforms are widely used for
marketing and advertising in the E-commerce. Cloud computing is the last trend that is shaping
the e-commerce today with services such as google drive, Dropbox among others.
Eight Unique features of e-commerce. The first feature ...