MKW1601 Introduction to e-business Unit Guide Semester 2, 2015 Copyright © Monash University 2014. All rights reserved. Except as provided in the Copyright Act 1968, this work may not be reproduced in any form without the written permission of the host Faculty and School/Department. The information contained in this unit guide is correct at time of publication. The University has the right to change any of the elements contained in this document at any time. Last updated: 22 Jul 2015 Table of Contents MKW1601 Introduction to e-business - Semester 2, 2015.....................................................................1 Mode of Delivery..............................................................................................................................1 Workload requirements....................................................................................................................1 Additional workload requirements........................................................................................1 Unit Relationships........................................................................................................................................1 Prohibitions......................................................................................................................................1 Chief Examiner(s)........................................................................................................................................1 Campus Lecturer(s).....................................................................................................................................1 Malaysia...........................................................................................................................................2 Tutor(s)........................................................................................................................................................2 Malaysia...........................................................................................................................................2 Your feedback to Us....................................................................................................................................2 Previous Student Evaluations of this Unit....................................................................................................2 Academic Overview...................................................................................................................................3 Learning Outcomes.........................................................................................................................3 Unit Schedule.............................................................................................................................................4 Teaching Approach..........................................................................................................................5 Assessment Summary.....................................................................................................................5 Hurdle Requirements...........................................................................................................5 Second marking...................................................................................................................6 Return of final marks............................................................................................................6 Exam viewing.......................................................................................................................6 Assessment criteria..............................................................................................................6 Assessment Requirements......................................................................................................................7 Assessment Tasks...........................................................................................................................7 Assessment task 1...............................................................................................................7 Assessment task 2...............................................................................................................9 Assessment task 3.............................................................................................................10 Examination(s)...........................................................................................................................................13 Examination 1................................................................................................................................13 Learning resources....................................................................................................................................13 Feedback to you........................................................................................................................................13 Assignment submission.............................................................................................................................13 Hard copy submission...................................................................................................................13 Online submission.........................................................................................................................14 Prescribed text(s) and readings.....................................................................................................14 Other Information....................................................................................................................................15 Policies..........................................................................................................................................15 Graduate Attributes Policy.................................................................................................15 Student Charter.........................................................................................................................................15 Student services........................................................................................................................................15 Monash University Library.........................................................................................................................15 Moodle 2....................................................................................................................................................16 Disability Liaison Unit................................................................................................................................16 MKW1601 Introduction to e-business - Semester 2, 2015 Introduction to e-business and its enabling technologies including email, EDI, EFT, bar-coding, electronic catalogues, smart cards and CALS. Associated electronic processes and systems including on-line business, the Internet and World Wide Web (WWW). Other issues include international standards, ethics, privacy, accounting, legal and security issues; the impact on the workplace; corporate, national and global information infrastructures; aligning information technology to business strategy; electronic marketing worldwide; internationalisation, government policies, strategies and leadership. Mode of Delivery Malaysia (Day) Workload requirements Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement. See also Unit timetable information Additional workload requirements ON-CAMPUS: This is a 6 point unit, which means there expectation of an average time commitment of 3 hours per week. The total time commitment expected for this unit is 144 hours. In addition to the 36 hours of class contact you should plan to spend an additional 108 hours during the semester in study for this unit. This includes time spent in preparing for and completing assessment tasks, together with time spent in general study, revision, and examination preparation. Unit Relationships Prohibitions BEW1601 Chief Examiner(s) Tan Choon Ling Campus Lecturer(s) 1 MKW1601 Introduction to e-business - Semester 2, 2015 Malaysia Paul H.P. Yeow; paul.yeow@monash.edu Tutor(s) Malaysia Esther Seow, email: esther.seow@monash.edu Your feedback to Us Monash is committed to excellence in education and regularly seeks feedback from students, employers and staff. One of the key formal ways students have to provide feedback is through the Student Evaluation of Teaching and Units (SETU) survey. The University’s student evaluation policy requires that every unit is evaluated each year. Students are strongly encouraged to complete the surveys. The feedback is anonymous and provides the Faculty with evidence of aspects that students are satisfied and areas for improvement. For more information on Monash’s educational strategy, see: www.monash.edu.au/about/monash-directions/ and on student evaluations, see: www.policy.monash.edu/policy-bank/academic/education/quality/student-evaluation-policy.html Previous Student Evaluations of this Unit If you wish to view how previous students rated this unit, please go to https://emuapps.monash.edu.au/unitevaluations/index.jsp 2 Academic Overview Learning Outcomes The learning goals associated with this unit are to: 1. define the purpose and scope of e-business 2. identify the technology that underpins e-business environment 3. examine the impact of marketing and strategy development in this environment 4. examine the impact of policy and the future of e-business. 3 Unit Schedule Week Activities Assessment 0 View the Moodle website and look at the materials available, as well as the weekly tutorial tasks. No formal assessment or activities are undertaken in week 0 1 Ch1: Overview of Electronic Commerce/Business No tutorial in week 1 2 Ch2: EC Mechanisms, Infrastructure &Tools Detailed discussion on the procedures for tutorials, tutorial participation, and expectations including discussion on the presentation and group assignment. 3 Ch9: EC Security and Fraud Protection Chapter 1 Questions for discussion: 1, 2, 5, 6, 7, & 8 page 73 4 Ch10: EC Payment Systems Chapter 2 Questions for discussion: 1, 2,4,5,6, &12 page 127 5 Ch12: EC Strategy & Globalization Chapter 9: Questions for discussion: 1, 2, 3, 4, 5, & 8 pages 541-542. 6 Ch3: Retailing in EC Problem clinic: Discussion on group assignment 7 Ch4: B2B EC Chapter 10: Questions for discussion: 1, 2, 3, 4, & 5 page 574 8 Mid-term examinination Chapter 12 Questions for discussion: 1, 3, 4, 6, 7, & 9 page 654 9 Ch6: Mobile Commerce Groupon Pg. 64-65. Q1 & 2. Additional question: Use Porter's Model (pg 620) to analyse if Groupon will survive in the long term. 10 Ch7: Social Commece IKEA: Q2,3 &5 (pg175-176); Assessment Task 1 Submission Deadline 11 Ch14: EC Regulatory, Ethical & Social Environment Yuen et al. (2015) entitled 'Internet banking acceptance in the United States and Malaysia: a cross-cultural examination', Marketing Intelligence & Planning. Q1.Summarize the papers. Q2. Why do you think there is a difference in security need/preference between developed and developing countries? 12 Unit Revision Freemiums in the Social Gaming World. Pg 576-577. Answer Q1, 2 & 4; SWOT VAC No formal assessment is undertaken SWOT VAC Examination period LINK to Assessment Policy: http://policy.monash.edu.au/policy-bank/ academic/education/assessment/ assessment-in-coursework-policy.html 4 Unit Schedule Teaching Approach Lecture and tutorials or problem classes There will be a two hour lecture and a one hour tutorial each week. Tutorials will involve discussions of prescribed readings and sample exam questions. It is an expectation in this unit that journal readings are incorporated into all aspects of the unit assessment. The practice questions are from the prescribed text book. The unit will require at least nine hours per week in addition to the class contact hours in order to achieve a pass grade. Some of this time will be spent searching and browsing the Internet, in a student lab or in another location of the student’s choice. The teaching program will consist of lectures, class discussion, and presentations. Students should expect to spend time each week reading books, academic journal articles, newspapers, magazines, and research on the Internet. Tutorial allocation On-campus students must enrol themselves in a tutorial group using Allocate Plus i.e. https://allocate.its.monash.edu.au/aplus/apstudent Blackboard (MUSO) The MUSO site for this unit is extremely important: it has lecture notes and other useful material. The site can be accessed via your my.monash portal. It is strongly recommended that you visit the site on a regular basis and before every tutorial in particular. Assessment Summary Within semester assessment: 50% Examination: 50% Assessment Task Value Due Date Assignment (Report): E-Business Research and Analysis 20% Friday of Week 10 (9 October 2015) Mid Semester Examination 20% During the lecture of Week 8 Tutorial Participation 10% Examination 1 50% of final unit mark. You must pass the exam to pass the unit. See the Hurdle requirement information. To be advised Hurdle Requirements There is a hurdle requirement in this unit. Students must attempt all pieces of assessment tasks and demonstrate a satisfactory level of achievement in each task with a view to receive a pass grade or any higher grade. The learning outcomes in this unit require students to demonstrate in the individual summative assessment task a comprehensive understanding of the topics covered in the unit. This is demonstrated 5 Unit Schedule by the requirement that the student must attain a mark of at least 50% in the final summative assessment task. The individual summative assessment task is the final exam. A student’s final mark is normally the sum of the marks obtained in all of the individual assessment items in the unit. Where a student fails the unit solely because of failure to satisfy the hurdle requirement a mark of 48 will be returned for the unit. Second marking Where an assessment task is given a fail grade by an examiner, that piece of work will be marked again by a second examiner who will independently evaluate the work, and consult with the first marker. No student will be awarded a fail grade for an assessment task or unit without a second examiner confirming the result. Note: Exceptions to this are individual pieces of assessment contributing 10% or less of the final mark, unless the total of such pieces exceeds 30% of the final mark. Return of final marks Faculty policy states that 'the final mark that a student receives for a unit will be determined by the Board of Examiners on the recommendation of the Chief Examiner taking into account all aspects of assessment'. The final mark for this unit will be released by the Board of Examiners on the date nominated in the Faculty Calendar. Student results will be accessible through the my.monash portal. Exam viewing The faculty policy is available at: http://www.buseco.monash.edu.au/esg/agu/policies/feedback-exam-performance.html and the specific department arrangements for Marketing are detailed at: http://www.buseco.monash.edu.au/mkt/student/exam-view/ Assessment criteria Assessment Criteria Grading Descriptors available at: http://www.policy.monash.edu/policy-bank/academic/education/assessment/ 6 Assessment Requirements Assessment Tasks • Assessment task 1 Title: Assignment (Report): E-Business Research and Analysis Due date: Friday of Week 10 (9 October 2015) Details of task: Objective: ♦ To provide students an opportunity to the witness the implementation of the e-business models learned from the unit in the real-world. This experience enables students to see how theory can be put into practice. Group Size: Students will form a group of minimum 3 and maximum 4 to do the report. Group will be formed on mutual agreement. Peer review form must be filled by each member to indicate each group member contribution. Arbitration process will be carried up if evaluation is contribution is below 6 of 10. Each group will have to do research and analysis on an e-business system. The group needs to select a website/mobile application and is required to discuss the selection with the tutor before starting the research. Notes: 1. Please submit the membership form (on page 6) by Week 3 to your tutor. 2. All members are required to show their full participation in this assignment. Non-participating member may be discharged from the group and will have to do the whole assignment on his/her own. 3. Submit a hardcopy of the report (of 3,000 - 4,000 words, excluding tables, references, appendices and figures) to the assignment box (located in building 6 level 5, left side of the entrance) on the 9 October (Friday) before 5 pm. All group members are responsible to ensure that their name, student ID and tutor (Paul Yeow, Tan Choon Ling or Esther Seow) are correctly stated in the cover page and all members have signed it. Equal marks will only be given to names and student IDs that appear on the cover page (except for arbitration cases). Assignment Details: Introduction: You and your friends have just graduated and wanted to try a new e-business startup. To reduce risk, your team has decided to copy ideas from an existing successful e-business. The first step is to do reverse engineering of the successful e-business by deriving its business plan. With this understanding, your team could later copy and modify the business plan to suit a niche market. The successful e-business which you analyze could be using various business models such e-tailing, social commerce, mobile commerce, Freemium, crowdsourcing, etc. They may be serving various markets such as B2B, B2C, B2G, C2C, or C2B. 7 Assessment Requirements Criteria for marking: Assignment 2: E-Business Plan (format and marks distribution – total 100 marks, weighting 20%) Market Gap Identification and Problem Statement Mission Statement Business Goals Value Proposition Business Model(s)/Implementation(s) Target Market Analysis Competitor Analysis Opportunities and Threat Analysis, Competitive Advantage Environmental Challenges Analysis Total 5 marks 5 marks 5 marks 15 marks 20 marks 15 marks 10 marks 15 marks 10 marks 100 marks Business Description: - Identify the industry within which the e-business operate, analyse the market to identify the gap, and what problem which the e-business wants to address. (5 marks) - Find/derive the mission statement for the e-business. Include a paragraph or two that explains or justifies the mission statement. This mission statement it should also be complete and accurate enough to guide the formation of goals and the value proposition. (5 marks) - Find/derive two to three goals for the e-business. Each goal should include both a clear statement of purpose and a brief explanation. (5 marks) - Formulate and write the value proposition of the e-business. This should be a paragraph or two that clearly states the benefits the business will offer to customers and justifies why this is an important proposition for customers and in the marketplace. (15 marks) - Business Model(s)/ Implementation(s): Select one or two business model(s) that accurately describe the e-business activities. For each model, identify and describe it and include the value proposition (as above), the product and services, the technologies used and the revenue model in your description. (20 marks) Market, Competitors and Ethical Analysis - Identify and briefly describe one to three target markets for the e-business. Make sure your markets are scoped correctly—not too broad and not too narrow. Your description should include as many demographic, geographic, psychographic, culture and consumer characteristics as possible. (15 marks) - Identify one to three significant competitors. Critically analyse the websites, mobile 8 Assessment Requirements applications (if available), and the e-business models of the identified competitors to ascertain their strengths and weaknesses. If the e-business has no present direct competitors, then you should analyse what are considered to be the past practices prior to your e-business idea. (10 marks) - Use opportunities-and-threats approach, the competitive-strategies approach, or both, to identify at least one source of possible competitive advantage for the e-business. Write this up so a reader of the e-business plan will understand how the e-business achieves commercial success/heading to failure. (15 marks) - Identify the possible any possible regulatory, ethical or social risks/challenges in the business model (s) (10 marks) Release dates: 2-3 weeks Word limit: 3000 - 4000 words Weighting/Value: 20% Presentation requirements: None Estimated return date: Learning objectives assessed: This assignment assesses unit objectives 2 - 4. Submission details: On paper. Electronic lodgement is not acceptable. Penalties for late lodgement: A penalty of 5% of the mark allocated to this assessment task will be deducted for each day (including weekends) that the assessment is late. Maximum deduction is 40% after which the assignment will not be accepted. Assessment coversheet: Work submitted for assessment must be accompanied by a completed copy of the Assignment cover sheet which has been signed by the student. No assignment will be accepted or marked if it is not accompanied by a signed Assignment cover sheet. In the case of a group assignment, each member of the group must complete, sign and attach to the assignment a separate copy of the Assignment cover sheet. • Each group member must complete a peer review form. Assessment task 2 Title: Mid Semester Examination Due date: During the lecture of Week 8 Details of task: The Mid Semester Examination will be held during lecture hours, which consists of 10 minutes reading time and 60 minutes writing time. This exam will consist of 60 multiple choice questions and will cover topics from chapters 1, 2, 9, 10, and 12. Weighting/Value: 20% Presentation requirements: 9 Assessment Requirements • None Estimated return date: Learning objectives assessed: This exam assesses unit objectives 1 - 3. Assessment task 3 Title: Tutorial Participation Due date: Details of task: Participation Total Participation Marks = 10% 5% Tutorial Presentation; 2% Tutorial Discussion and 3% Individual Lecture and Tutorial Participations. Your active participation would enable you to score full marks on this assessment component. Schedule Week and Assignment Allocated Group Week 3: Chapter 1 Questions for discussion: 1, 2, 5, 6, 7, & 8 Group 1 page 73 Week 4: Chapter 2 Questions for discussion: 1, 2,4,5,6, &12 Group 2 page 127 Week 5: Chapter 9: Questions for discussion: 1, 2, 3, 4, 5, & 8 Group 3 pages 541-542. Week 6: Problem clinic: Discussion on group assignment Week 7: Chapter 10: Questions for discussion: 1, 2, 3, 4, & 5 Group 4 page 574 Week 8: Chapter 12 Questions for discussion: 1, 3, 4, 6, 7, & Group 5 9 page 654 Week 9: Groupon Pg. 64-65. Q1 & 2. Additional question: Use Group 6 Porter's Model (pg 620) to analyse if Groupon will survive in the long term. Week 10: IKEA: Q2,3 &5 (pg175-176) Group 7 Week 11: Yuen et al. (2015) entitled 'Internet banking Group 8 acceptance in the United States and Malaysia: a cross-cultural examination', Marketing Intelligence & Planning. Q1.Summarize the papers. Q2. Why do you think there is a difference in security need/preference between developed and developing countries? Week 12: Freemiums in the Social Gaming World. Pg Group 9 576-577. Answer Q1, 2 & 4 Discussant Group Group 9 Group 8 Group 7 Group 6 Group 1 Group 2 Group 4 Group 3 Group 5 Weighting/Value: 10% Presentation requirements: 10 Assessment Requirements Participation Total Participation Marks = 10% 5% Tutorial Presentation; 2% Tutorial Discussion and 3% Individual Lecture and Tutorial Participations. Tutorial Presenter (Group) An allocated group will be assigned randomly to present the tutorial answers for a certain week. Include relevant sources (not limited to textbook) from the Internet, journal/conference articles, books, magazines, etc. You are encouraged to seek consultation from your tutor. Give a 30-minute presentation during tutorial (starting Week 3). The group who presents will take the leading role on that particular week’s tutorial activities. The group will decide on how the summary will be presented and the questions will be answered. The group is responsible in making the tutorial session functional, stimulating, exciting, interesting, and enjoyable. Tutorial Discussant (Group) A discussant group will contribute extensively to the tutorial discussion. The group will prepare at least 5 questions and point form answers to be submitted to tutor. During the class, the questions will be asked and answers will be given. In addition, if any important point or issue is missed out by the presenter or additional points needed to be covered, members of this group will step in. This group will be responsible in giving constructive feedback on the activities of the day. Timing Maximum tutorial presentation time for the allocated group: 30 minutes Maximum tutorial discussion time for the discussant group: 10 minutes Maximum tutorial discussion time for other participants: 10 minutes Last 10 minutes: Feedback from tutor Estimated return date: Criteria for marking: Participation Marks Allocations (Total 10%) Two criteria of the evaluation of the presentation (5%): Presentation Content and Clarity: HD D C P F Highly developed Well-developed Good skills in Adequate skills Inadequate skills skills in skills in expression expression and in expression in expression 11 Assessment Requirements expression and presentation. and presentation. Handling Question: HD D Demonstrates Evidence of imagination or flair. imagination or flair. Demonstrates originality and Evidence of independent originality and thought independent thought presentation. and presentation C Well-reasoned argument based on broad evidence and presentation. P Sound argument based on evidence F Very little evidence of ability to construct coherent argument Three criteria of the evaluation of the discussant (2%): Questions asked: HD D C Highly developed Well-developed skills Good skills in skills in in expression. expression. expression. Answers provided: HD Demonstrates imagination or flair. Demonstrates originality and independent thought D Evidence of imagination or flair. Evidence of originality and independent thought P Adequate skills in expression. C Well-reasoned argument based on broad evidence Follow-up questions asked: HD D C Highly developed Well-developed skills Good skills in skills in in expression. expression. expression. P Sound argument based on evidence P Adequate skills in expression. F Inadequate skills in expression. F Very little evidence of ability to construct coherent argument F Inadequate skills in expression. Individual Lecture and Tutorial Participation (3%) 3 marks will be allocated for 9 times participations (with reasonably suitable answers). Write yours and your tutor’s name in the participation ticket given. Learning objectives assessed: This series of presentations assesses unit objectives 1 - 4. 12 Assessment Requirements Examination(s) • Examination 1 Weighting: 50% of final unit mark. You must pass the exam to pass the unit. See the Hurdle requirement information. Length: 3 hours Type (open/closed book): Closed book Hurdle requirements: As noted earlier, the learning outcomes in this unit require students to demonstrate in the individual summative assessment task a comprehensive understanding of the topics covered in the unit. This is demonstrated by the requirement that the student must attain a mark of at least 50% in the final summative assessment task. The individual summative assessment task is the final exam. A student’s final mark is normally the sum of the marks obtained in all of the individual assessment items in the unit. Where a student fails the unit solely because of failure to satisfy the hurdle requirement a mark of 48 will be returned for the unit. Electronic devices allowed in the exam: None Learning resources Monash Library Unit Reading List (if applicable to the unit) http://readinglists.lib.monash.edu/index.html Feedback to you Types of feedback you can expect to receive in this unit are: • Graded assignments with comments • Test results and feedback • Solutions to tutes, labs and assignments Assignment submission Hard copy submission You will be advised on where to submit your assignment at the appropriate time. 13 Assessment Requirements Online submission If Electronic Submission has been approved for your unit, please submit your work via the learning system for this unit, which you can access via links in the my.monash portal. Prescribed text(s) and readings Turban, E., King, D., Lee, J., Liang, T.P. and Turban, D. (2012) Electronic Commerce 2012: A Managerial Perspective. 7th Global Edition. Pearson. Or Turban, E., King, D., Lee, J., Liang, T.P. and Turban, D. (2015) Electronic Commerce: A Managerial and Social Networks Perspective. 8th Edition. Springer (Expensive Version) 14 Other Information Policies Monash has educational policies, procedures and guidelines, which are designed to ensure that staff and students are aware of the University’s academic standards, and to provide advice on how they might uphold them. You can find Monash’s Education Policies at: www.policy.monash.edu.au/policy-bank/academic/education/index.html Key educational policies include: • Student Academic Integrity Policy and Student Academic Integrity: Managing Plagiarism and Collusion Procedures ; • Assessment in Coursework Programs; • Special Consideration; • Grading Scale; • Discipline: Student Policy; • Academic Calendar and Semesters; • Orientation and Transition; and • Academic and Administrative Complaints and Grievances Policy. Graduate Attributes Policy http://www.policy.monash.edu/policy-bank/academic/ education/management/monash-graduate-attributes-policy.html Student Charter www.opq.monash.edu.au/ep/student-charter/monash-university-student-charter.html Student services The University provides many different kinds of support services for you. Contact your tutor if you need advice and see the range of services available at http://www.monash.edu.au/students You can also access important information from the Faculty of Business and Economics current students page http://www.buseco.monash.edu.au/student/ Caulfield and Clayton students wishing to further develop English language skills in a fun group environment can join a Conversational English Program. You can access these programs at http://www.monash.edu/students/conversational-english/ Monash University Library The Monash University Library provides a range of services, resources and programs that enable you to save time and be more effective in your learning and research. Go to www.lib.monash.edu.au or the library tab in my.monash portal for more information. 15 Other Information Moodle 2 All unit and lecture materials, plus other information of importance to students, are available through the virtual learning environment Moodle site. You can access Moodle via the my.monash portal. Where to go for help If you're stuck, confused or simply not sure how to approach Moodle, there are a number of Moodle resources that you can tap into. Disability Liaison Unit Students who have a disability or medical condition are welcome to contact the Disability Liaison Unit to discuss academic support services. Disability Liaison Officers (DLOs) visit all Victorian campuses on a regular basis. • Website: http://www.monash.edu/equity-diversity/disability/index.html • Telephone: 03 9905 5704 to book an appointment with a DLO; • Email: dlu@monash.edu • Drop In: Equity and Diversity Centre, Level 1, Building 55, Clayton Campus. 16