Assignment 1: Business Analysis

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1. Social networks can be used in a business setting as a tool to help employees interact with their colleagues, as a tool for marketing, and as a tool to gain information about potential customers.
2. I can use web services for my site to help me gather data on potential customers, to provide suggestions to existing customers, to process payments, and for many more activities.
3. It is important to have an organization that manages IP addresses and domain names because it keeps the Internet organized. It prevents IP or domain duplicates. Thus, it helps identify each IP and domain.
4. The benefits of using cloud computing is that it is easier to access information from more than one place at a time and in more places than ever before. On the other hand, there is a higher risk of having important information stolen and misused.
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Web services are an important part of information systems because they are becoming increasingly powerful tools for managing countless aspects of our lives. That is important because our personal, professional, and educational needs are becoming more reliant on these services. Web services are usually comprised of programming and data that are combined to create an application or program that is web based rather than run on a device.

11. Three companies that I know are using the Web as part of their business are Amazon, Wal-Mart, and Staples. Amazon uses the web as its primary retail platform to provide an extensive product catalog to its customers. Wal-Mart uses the web as an extension of its stores. It seeks to compete with online retailers like Amazon and hopes to appeal to online shoppers. Lastly, Staples also uses the web as an extension of its stores and hopes to provide the convenience of other retailers by allowing customers to place orders online. All of these companies have realized the importance of having an online

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