Monday, November 29, 2010

[discussion_vu] Subjective Questions - IT430

Subjective Questions

 

Question No: 31 (Marks: 1)

Name any 3 E-Business models?

Ans: 1 online banking, 2: on line recruiting, 3: on line entertainment 4: e learning, 5: auction modal

 

Question No: 32 (Marks: 1)

What is the condition of contract to be formed?

Ans: Offer, acceptance and consideration.

 

Question No: 33 (Marks: 2)

Briefly describe analytical attack on public key algorithms.

Ans: Attacks on Public Key Algorithms

Key Search Attacks

The public key and its corresponding private key are linked with each other with the help of a large composite number. These attacks attempt to derive the private key from its corresponding public key using that number.

Analytical Attacks

Such attacks use some fundamental flaw in the mathematical problem on which the encryption system itself is based so as to break the encryption.

 

Question No: 34 ( Marks: 2 )

Do you agree that Customization is one of the role of e-commerce in Competitive Strategy. Discuss briefly

Ans: customization: With the help of e-commerce the customer data can b gathered and analyze it nd customer serve it in a better manner according to their need one can thus implement differentiation and focus strategy.

Question No: 35 (Marks: 3)

How the coin is minted by E-Cash bank?

Ans: Minting of the coin:

A long serial no. is randomly generated by the client’s Cyber wallet in order to mint a coin. This serial no. is blinded, which means that it is multiplied with a blinding factor “r” and sent to the e-cash bank for signatures. Thus, the e-cash bank cannot see the serial no. it is signing. Key version (corresponding public key of the bank) is also part of the coin, and is sent usually at the time of account opening. An e-cash bank may have 1 dollar signature, 5 dollar signature or 10 dollar signature etc. If the client wants to mint a coin of 2 dollars then e-cash bank would use its private or secret key of 2 dollars to sign the serial no.

 

Question No: 36 (Marks: 3)

What do we mean by Relevance element of branding?

Ans: elements of branding:

There are three types of branding elements.

1: differentiation

2: relevance

3: perceived value

 

Question No: 37 (Marks: 3)

How lack of trust barrier can be overcome or minimized? Discuss it briefly

Ans: It is very important for online businesses to establish trusting relationships with their customers like in the physical world where companies ensure that customers know who they are. However, it is difficult to build trust because lack of kind of anonymity exists for companies trying to establish web presence.

So lack of trust barrier can be minimized not overcome.


Question No: 38 (Marks: 5)

What is the importance of hash function and how it is applied on Message digest?(3+2)

Ans: importance of hash function:

 Hash function is one way mathematical function apply on massage digest. Result of the hash function is unique to each message called message digest. hash function can easily convert large data into small datum hash function is mostly use for look up the data ,findings and detecting the similar files.

How it is applied on message digest:

Message digest is obtained by applying the hash function

For instance, the client may choose the word “Bluesky” as a code. By applying a hash function on this code, a message digest is obtain

 

Question No: 39 ( Marks: 5 )

Where the originator has not agreed with the addressee that the acknowledgment be given in a particular form or by a particular method, an acknowledgment may be given by?

1: any communication, automated or otherwise, by the addressee; or

2:  any conduct of the addressee, sufficient to indicate to the originator that the electronic communication is received.”

 

Question No: 40 ( Marks: 10 )

Differentiate between the online businesses (E-business) with offline businesses (Traditional business). Support your answer with solid examples.

Ans: difference between online and off line business:

On line business:

-Less investment required.

-No shop or show room is required, very less number of employees.

-Remote handling of business.

-Less expenditures of running business

Offline business:

-High customer satisfaction level.

- Large number of employees.

-existence of physically goods and services

-large number of buyers and seller.

Example:plz give in ur own words.

 

Question No: 41 ( Marks: 10 )

Give an example to show how members of supply chain can work together to reduce inventory, increase quality of product, reduce production cost and increase process speed.

Examples of technology use in supply chain

Another example is of a famous computer selling brand. It realized that by increasing the amount of information about its customers it was able to reduce amount of inventory it should hold. It decided to share this information with other members of the supply chain by allowing its top suppliers to have access to a secure web site which informed them about its latest sales forecasts, planned product changes or any warranty claims etc. It also provided information about its customers and their buying pattern. Thus, it helped suppliers to plan their own production in a much better way.

The above examples show how members of supply chain can work together to reduce inventory, increase quality of product, reduce production cost and increase process speed.

 

What is quantum computing?(1)

Quantum computing is the branch of computer science that deals with the development of cryptographic algorithms.

 

What is CRM stands for?(1)

Customer Relationship Management

 

 

What is cyber wallet .It uses is e-cah payment system.(2)

Cyber wallet is software which is installed on the buyer’s computer. It stores and manages e-coins and records every transaction.

 

What is section 3 of ETO.(3)

Section 3 of the ETO provides:

“No document, record, information, communication or transaction shall be denied legal recognition, admissibility, effect, validity, proof or enforceability on the ground that it is in electronic form and has not been attested by any witness”.

 

Best Regards

 

Bilal Farooq

 

Admin WebLyceum

bilal.zaheem@weblyceum.com

bilal.zaheem@gmail.com

 

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