The Usb Painewebber's Business Operations Debilitated by Malicious Code

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PE301 E-COMMERCE END OF CHAPTER II 1. Identify the business model used by Craiglist. Answer: The business model used by Craiglist is Advertising Revenue Models where they are made their money from: Income Streams Craigslist makes money only through a handful of revenue streams. It charges a different fee to post a job listing according their location. Last, the company charges a fee to list an apartment rental. The revenues generated from these fees cover only the operating expenses of Craigslist. The company has not made a profit since its inception. Potential Income Streams Craigslist is considering other revenue streams like including banner advertising or Google text ads. However, the company still hesitates to do so because it fears advertisements would take away from the quality of the site. Effect on Newspaper Classified Ads Since Craigslist's inception in the late 1990s, the revenues generated from newspaper classifieds have dropped significantly. Although many factors contributed to this decline, the Craigslist played a large role in cutting into newspaper revenues. This makes sense considering that it costs consumers nothing to post on Craigslist while newspaper ads can be very costly. 2. Visit and identify the social network and business network elements. Answer: For the Social Network elements, they have * discussion forum, * personals, * community, and * housing Business network elements included: * sale, * jobs, * gigs, and * services 3. Why is Craiglist considered a site that “changes the world”? Answer: Reason Craiglist considered a site that “changes the world”: * It is pretty much simply a free noticeboard which has much more information than you will find in all the newspapers in the individual cities. * Craigslist has a user
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