BUIS 463 Electronic Commerce Discussion

1. Come up with an idea for a new business that will sell a product or service on the Web and imagine that you have secured a domain name and established a website. Now it’s time to advertise your products and services online.

a. Find two websites that would be appropriate places for you to advertise and investigate the advertising options they provide. Then, create a plan to use social media to further promote your business.

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b. Come up with two social media promotions you might run to help get your business off the ground.

2. Go to a major online advertising firm such as Google’s Google Marketing Platform or Xaxis, and explore products it is offering to marketers.

a. What are its capabilities? Compare the company’s offerings to one other major advertising network.

b. Prepare a brief report (about half a page) of the offerings of both networks.

3. Investigate site optimization functionality offered by analytics programs such as Webtrends Optimize, Google Analytics, and Optimizely.

a. What are the costs for such programs? What are their capabilities? How are they useful? Which would you choose, and why?

b. Prepare a short report of your findings

4. Go to Knowprivacy.org and read the results of their privacy survey. Then review the privacy policies of three major online retailers (such as Sears, Target, and Walmart). How difficult was it for you to find the retailer’s privacy policy?

a. Which website offers the most privacy to its customers? Discuss the specific passages in the various privacy policies that support your conclusion.

b. Does the information you have learned affect your decision to use these websites? Why or why not? Do you think the privacy policies of your group of retailers meet the criticisms of privacy policies outlined at Knowprivacy.org?

5. A regional bank with a large number of regional branch offices deploys online banking applications that are used by all their branches and business customers to manage accounts, transfer money, and pay bills. Rigorous testing of the application by the bank’s internal security group and outside security experts just prior to moving the application into production uncovered several vulnerabilities. An interim solution was needed to mitigate risk while an application patch was developed and tested by the vendor, thereby protecting the bank, its partners and customer base. Application firewalls and host-based intrusion prevention systems were evaluated and considered but discarded due to concerns about performance and application availability. The bank was seeking a non-intrusive monitoring solution that delivered real-time detection and alerting of attacks against the vulnerabilities. Develop a security solution for this bank that delivers full-time user monitoring, real-time incident and early fraud detection and does not impact performance. What technologies should be used? Justify your choice

Data mining is the exploration and analysis of large data to discover meaningful patterns and rules. Data mining aims to predict future outcomes. Additionally, data mining techniques are used to build machine learning (ML) models that power modern artificial intelligence (AI) applications such as search engine algorithms and recommendation systems.

Benefits of Data Mining:

Automated Decision-Making
Accurate Prediction and Forecasting
Cost Reduction
Customer Insights
While a powerful process, data mining is hindered by the increasing quantity and complexity of big data. Where exabytes of data are collected by firms every day, decision-makers need ways to extract, analyze, and gain insight from their abundant repository of data.

Data mining has two primary processes: supervised and unsupervised learning. Data mining software is a tool to convert raw and unstructured data into useful information in order to optimize the decision making ability. This software offers enterprises an ability of predictive analysis which helps them forecasting marketing strategy and consumers behavior. Steps involved in data mining include data collection, data processing and then software sort the data depending on user’s result in the form of graph or table.

To do:

Read the data mining paper
Watch the two insightful videos
Participate early and often in the discussion forum!
As always, please reach out with any questions/concerns/issues.

There is much discussion regarding Data Analytics and Data Mining. Sometimes these terms are used synonymously but there is a difference. What is the difference between Data Analytics vs Data Mining? Please provide an example of how each is used. Also explain how you may use data analytics and data mining in a future career. Lastly, be sure to utilize at least one scholarly source from either the UC library or Google Scholar.

Please make your initial post and two response posts substantive. A substantive post will do at least TWO of the following:

Ask an interesting, thoughtful question pertaining to the topic
Answer a question (in detail) posted by another student or the instructor
Provide extensive additional information on the topic
Explain, define, or analyze the topic in detail
Share an applicable personal experience
Provide an outside source (for example, an article from the UC Library) that applies to the topic, along with additional information about the topic or the source (please cite properly in APA)
Make an argument concerning the topic.
At least one scholarly source should be used in the initial discussion thread. Be sure to use information from your readings and other sources from the UC Library. Use proper citations and references in your post.

Below are my CliftonStrengths Signature Themes.

They’re my five most dominant themes of talent, ranked in the order revealed by my responses to the CliftonStrengths assessment.

The CliftonStrengths assessment measures the 34 themes of talent that most consistently predict outstanding performance.

The greater the presence of a particular theme of talent within a person, the more likely that person is to exhibit those talents in day-to-day life.

Please take a few minutes to read my CliftonStrengths results.

 

Harmony

You look for areas of agreement. In your view there is little to be gained from conflict and friction, so you seek to hold them to a minimum. When you know that the people around you hold differing views, you try to find the common ground. You try to steer them away from confrontation and toward harmony. In fact, harmony is one of your guiding values. You can’t quite believe how much time is wasted by people trying to impose their views on others. Wouldn’t we all be more productive if we kept our opinions in check and instead looked for consensus and support? You believe we would, and you live by that belief. When others are sounding off about their goals, their claims, and their fervently held opinions, you hold your peace. When others strike out in a direction, you will willingly, in the service of harmony, modify your own objectives to merge with theirs (as long as their basic values do not clash with yours). When others start to argue about their pet theory or concept, you steer clear of the debate, preferring to talk about practical, down-to-earth matters on which you can all agree. In your view we are all in the same boat, and we need this boat to get where we are going. It is a good boat. There is no need to rock it just to show that you can.

Adaptability

You live in the moment. You don’t see the future as a fixed destination. Instead, you see it as a place that you create out of the choices that you make right now. And so you discover your future one choice at a time. This doesn’t mean that you don’t have plans. You probably do. But this theme of Adaptability does enable you to respond willingly to the demands of the moment even if they pull you away from your plans. Unlike some, you don’t resent sudden requests or unforeseen detours. You expect them. They are inevitable. Indeed, on some level you actually look forward to them. You are, at heart, a very flexible person who can stay productive when the demands of work are pulling you in many different directions at once.

Includer

“Stretch the circle wider.” This is the philosophy around which you orient your life. You want to include people and make them feel part of the group. In direct contrast to those who are drawn only to exclusive groups, you actively avoid those groups that exclude others. You want to expand the group so that as many people as possible can benefit from its support. You hate the sight of someone on the outside looking in. You want to draw them in so that they can feel the warmth of the group. You are an instinctively accepting person. Regardless of race or sex or nationality or personality or faith, you cast few judgments. Judgments can hurt a person’s feelings. Why do that if you don’t have to? Your accepting nature does not necessarily rest on a belief that each of us is different and that one should respect these differences. Rather, it rests on your conviction that fundamentally we are all the same. We are all equally important. Thus, no one should be ignored. Each of us should be included. It is the least we all deserve.

Relator

Relator describes your attitude toward your relationships. In simple terms, the Relator theme pulls you toward people you already know. You do not necessarily shy away from meeting new people—in fact, you may have other themes that cause you to enjoy the thrill of turning strangers into friends—but you do derive a great deal of pleasure and strength from being around your close friends. You are comfortable with intimacy. Once the initial connection has been made, you deliberately encourage a deepening of the relationship. You want to understand their feelings, their goals, their fears, and their dreams; and you want them to understand yours. You know that this kind of closeness implies a certain amount of risk—you might be taken advantage of—but you are willing to accept that risk. For you a relationship has value only if it is genuine. And the only way to know that is to entrust yourself to the other person. The more you share with each other, the more you risk together. The more you risk together, the more each of you proves your caring is genuine. These are your steps toward real friendship, and you take them willingly.

Consistency

Balance is important to you. You are keenly aware of the need to treat people the same, no matter what their station in life, so you do not want to see the scales tipped too far in any one person’s favor. In your view this leads to selfishness and individualism. It leads to a world where some people gain an unfair advantage because of their connections or their background or their greasing of the wheels. This is truly offensive to you. You see yourself as a guardian against it. In direct contrast to this world of special favors, you believe that people function best in a consistent environment where the rules are clear and are applied to everyone equally. This is an environment where people know what is expected. It is predictable and evenhanded. It is fair. Here each person has an even chance to show his or her worth.


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