Impact Of Computer Technology


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Impact Of Computer Technology:

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THE ICDT MODEL:-

A model developed by ALBERT ANGETHRN called the information, communication, distribution; transaction (ICDT) model is used as a basis for discussing the internet strategy of business.

 

 

1.  Virtual information space :-

a)  This space is where a firm displays information about their organization, products, or services.

b)  This space is the easiest space for a business to enter and it is first step to enter into a market place.

 

For E-commerce major concerns are:

i.      The information that is displayed is accurate a current.

ii.      Customer can easily find the services and can reach the info easily. iii.      The site is accessible without long wait.

2. Virtual distribution space :-

i.      This space is used to deliver the product or services requested or purchased by the consumer.

For E-commerce, major concerns are

ii.      Delivery of products and services only the legitimate, approved customers.

iii.      Reliable delivery of products and services

3. Virtual transaction space :-

This space is used to initiate and execute business transactions, such as sales orders.

The major concern contributing to these reluctances is data security.    Reliability of vendor.

Reputability of trading partner

Privacy concern by customers.

4.  Virtual communication space :-

This space is used to enable relation-ship-building , negotiation  ,and exchange of ideas

such as chat rooms , forums and communities .

 

 

 

 

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We, at BMS.co.in, believe in sharing knowledge and giving quality information to our BMS students. We are here to provide and update you with every details required by you BMSites! If you want to join us, please mail to contact@bms.co.in.

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