Internet auction fraud is the most dangerous online crime but receives no attention from people. It does cause the victims to suffer losses but most of them fail to report the crime to the authorities. The internet auction fraud is a serious crime when it was reported to be the number one online scam by the U.S Federal Trade Commission in 1997. In 2001, 70% of fraud cases were reported to Internet Fraud Watch. When people do not know the danger of its existence, no precautions to avoid it are taken
Q1 Beam and Segev (1997) defined an electronic auction as a special case of electronic negotiation and an electronic reverse auction (e-RA)-synonymously named online reverse auction - is a frequently used type of electronic auction in B2B commerce. Among different procurement methods an electronic reverse auction emerged in the mid 1990s started to play an important role. Initially it was adapted by automotive and aerospace procurement managers for commodity parts. Nowadays it is applied and extensively
Online penny auctions are a relatively new phenomenon that started barely 2 years ago, and is continuously gaining popularity on the Internet. It is also called bidding fee auction. Participants to this type of selling things through bidding are required to pay a fee, and they will be allowed to place a bid. Note that the fee is non-refundable. As you have paid your fee, you will be given bids to use on the product that you like on the list. The product price increases by 1 penny or 1 cent for each
Part I Logistic Business Transportation, Process to manufactures & 3 keys Shipper needs to ship product or goods by using Carrier to Receiver 3rd Party Logistics Provider / Service Shipper Receiver Type of 3PLs Asset-Based Non-Asset-Based Revenue 100% 100% COGS 80 – 85% 70 - 74% Gross Profit Margin 15 – 20% 26 – 30% Asset-Based: Owned its own fleet of transportation
INTRODUCTION: People misquote that money is the root of all evil, but it is the love of money that is the root of all kinds of evil. The world has fallen into the belief that simply having and loving money will be the cure and fix to all; this belief has sent our country into a downward spiral of indebtedness and greed. My dream is to help those who can’t help themselves; those who were once blinded by this belief and have regained their vision and want to get back on the right track. My ultimate
INTRODUCTION: People misquote, “money is the root of all evil”; however, 1 Timothy 6:10 states, “the love of money that is the root of all kinds of evil.” The world has fallen into the belief that simply having and loving money will be the cure-all. This belief has sent our country into a downward spiral of indebtedness and greed. My dream is to help those who can’t help themselves; those who were once blinded by this belief, but now have clearer vision and want to get back on the right track. My