You are consulting for Lucky's, a chain of gas stations. What types of e-commerce opportunities, if any, are relevant to Lucky's? Could Lucky's make use of any Internet business models for this opportunity?

What will be an ideal response?


Student answers will vary. A sample answer is: In terms of B2B e-commerce, Lucky's might be able to procure goods over the Internet, use a private industrial network to coordinate their supply chain with suppliers and manage inventory. Depending on the structure of the gasoline retail business, industry net marketplaces and exchanges might be of use. In terms of B2C e-commerce, there are not many opportunities, as it is inefficient to sell gasoline over the Internet. Lucky's could make sure that its stations are listed in popular location-based mobile services that help drivers find nearby gas stations.

Business

You might also like to view...

Section 404 requires that corporate management (including the CEO) certify their organization's internal controls on a quarterly and annual basis

Indicate whether the statement is true or false

Business

Patents are exclusive rights to manufacture, use, or sell a particular product or process

Indicate whether the statement is true or false

Business

Which of the following organizations is primarily responsible for establishing GAAP in the United States?

A) Securities and Exchange Commission (SEC) B) Financial Accounting Standards Board (FASB) C) International Accounting Standards Board (IASB) D) Internal Revenue Service (IRS)

Business

Individual-oriented cultures include China and Latin America

Indicate whether the statement is true or false.

Business