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There are no ambivalent effects of the Web: Coverage and distribution speed increase, but digitalized results can be copied and manipulated arbitrarily

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Data cannot be exchanged electronically. Media breaches can be eliminated.

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Global coverage leads to global markets. Suppliers can and must produce in lowest-cost locations. Jobs are transferred to low-cost areas.

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Positive Externalities lead (hopefully) to legal consequences. Negative Externalities often generate new businesses

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If the customer uses his free money to buy additional goods or services then he generates an additional supply. As long as this additional supply leads to a need of human workload the freed manpower can be allocated in new jobs.

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If a “digital” infrastructure is up and running marginal costs become very high. The production of a software package is a very good example of this effect

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Non-profit organizations attempt to adopt E-Commerce practices from the for-profit sector, such as using terms like ‘‘checkout’’ when soliciting donations online. The commercialization of the donation process leads philanthropists to decline to contribute to the non-profit.

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Moral ethics investigates what is the best way for humans to live, and what kinds of actions are right or wrong in particular circumstances.

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Ethics is from the Latin word moralitas

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Privacy protection must not be a high priority in E-Commerce. The bases are the human rights and constitutions of states.

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There are a lot of privacy concerns around E-Marketing because technology has become so powerful, see for example data mining and data usage, platforms like Facebook or the advantages in the area of biometrics

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Firms can more readily change prices in the wake of inflation and other price shocks. However, E-Commerce does eliminate all costs associated with price changes

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E-Commerce reduces geographical constraints and increases interstate and international transactions. Governments who fear these transactions will reduce sales tax revenue.

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E-Commerce decreases the importance of physical location in prime real estate. Entry barriers fall. E-Commerce B2B vertical hubs may be owned and controlled by large incumbents.

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E-Commerce increases the importance of a face-to-face trained sales force. Entry barriers fall. E-Commerce and outsourcing decrease the importance of physical nearness to skilled labor.

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E-Commerce may decrease the number of suppliers and facilitate greater transparency of product prices and cost structures. Thus suppliers could see reduced power over industry.

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E-Commerce and vertical supply chain integration tighten bonds between supplier and customer.

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E-Commerce can increase vertical disintegration through outsourcing. Reduced incentives for suppliers to enter downstream markets lower supplier power.

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E-Commerce spurs disintermediation in industries such as travel agency service and brokerages.

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Standardization and simplification will not be profitable if sales management can enter mass markets via the Web.

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If a “digital” infrastructure is up and running marginal costs become very low. The production of a software package is a very good example of this effect.

_________means that you are able to completely eliminate the threat of your management object.

_________means that you lower the risk resulting from that threat. In most cases, you will be able to reduce the potential amount of loss.

_________means that the third party will take over and pay the amount of loss if the risk occurs.

_________is selected when you do not have any chance to change the situation.

Realness/credibility of an object/subject, which is verifiable,

It means data cannot be manipulated unnoticed and without proper authorization

Power and right to conduct an activity.

_________ is the conversion of data into a readable format to an encoded format and vice versa.

_________ is the technique of hiding secret data within an ordinary, non-secret, file or message in order to avoid detection; the secret data is then extracted at its destination

_________ is a type of encryption where only one key (a secret key) is used to both encrypt and decrypt electronic information

_________ is a process that uses a pair of related keys -- one public key and one private key -- to encrypt and decrypt a message and protect it from unauthorized access or use. ... A private key -- also known as a secret key -- is shared only with the key's initiator.

The signature is added to the document and is used to authenticate it. The provider of the signature is not liable for the correctness and completeness of certificate data.

This signature is only assigned to the owner of the signature key. It facilitates the identification of the owner of the signature key.

The primary role of the _____________is to digitally sign and publish the public key bound to a given user.

__________ is a revocation list of any issued certificates that should not be trusted.

___________is used to authenticate the digital identities of the users, which can range from individuals to computer systems to servers.

___________ which is authorized by the Certificate Authority to provide digital certificates to users on a case-by-case basis. All of the certificates that are requested received, and revoked by both the Certificate Authority and the Registration Authority are stored in an encrypted certificate database

__________refers to any distinctive mark, characteristic and/or sound in electronic form, representing the identity of a person and attached to or logically associated with the electronic data message or electronic document or any methodology or procedures employed or adopted by a person and executed or adopted by such person with the intention of authenticating or approving an electronic data message or electronic document.