Question

How should we manage risks associated with Web 2.0 in e-commerce?

a) Implement stricter security measures
b) Avoid using Web 2.0 technologies
c) Embrace the risks for innovation
d) Outsource e-commerce operations

Answer 1

Managing risks in Web 2.0 e-commerce involves implementing stricter security measures, avoiding Web 2.0 technologies, or embracing risks for innovation.

Step-by-step explanation:

Managing risks associated with Web 2.0 in e-commerce can be approached through various strategies:

1. Implement stricter security measures: This includes using strong passwords, two-factor authentication, and education to avoid scams.
2. Avoid using Web 2.0 technologies: Organizations can choose not to use Web 2.0 technologies if they believe the risks outweigh the benefits.
3. Embrace the risks for innovation: Some companies choose to embrace the risks associated with Web 2.0 in e-commerce to foster innovation and gain a competitive advantage.