The key technologies that are leading businesses into the third wave of electronic commerce include mobile phones and tablets along with high-speed networks that allow users to access the Internet and smart cards and radio frequency identification devices (RFID) that are being used with biometric technologies such as retina scanners and fingerprint readers.
In about 100 words, describe the function of the Internet Corporation for Assigned Names and Numbers. Include a discussion of the differences between gTLDs and sTLDs in your answer.
ICANN (Internet Corporation for Assigned Names and Numbers) has the unique responsibility of managing identifiers known as domain names and matching them with their IP address registrars. In addition to overseeing domain names, …show more content…
Outsourcing as related to business processes refers to an organization contracting part of its work out to an external organization. An example of outsourcing is an organization that hires a law firm to review its contracts instead of maintaining an in-house lawyer. A risk associated with outsourcing is a conflict of interest between parties. A benefit associated with outsourcing is that an organization is able to take advantage of specialized skills and cost savings.
Offshoring as related to business processes refers to outsourcing working to an organization from another country to accomplish non-manufacturing activities in order to leverage cost advantages. Examples of offshoring include research and development, records/information management and purchasing. Risks associated with offshoring include communication and political barriers. The benefits associated with offshoring include cost savings, bigger and more talented worker pool, and the ability to accomplish tasks