...2/24/2015 Carolina Guerraz John Cabot University E-commerce Industry Analysis Contents Introduction 2 Industry Background 2 PEST Analysis 4 Political 4 Economic 5 Social 6 Technological 7 Michael Porter’s Five Forces Analysis 7 Threat of New Entrants 7 The Power of Suppliers 8 The Power of Buyers 8 Threat of Substitutes 9 Rivalry 9 Conclusion 9 Bibliography 11 Introduction The objective of this paper is to analyze e-commerce industry in Italy and to determine its attractiveness by applying PEST analysis and Michael Porter’s Five-Force Analysis. E-commerce is defined as the sale of products and services through computer networks. As the world changes and technology advances, firms must adapt to new trends so that new competitive advantages can become part of the industry. In e-commerce industries, information and communication technologies (ICT) and merchandise are the suppliers, online retailers are the players, and end-consumers are the buyers. After having described the e-commerce industry background and its trends, both on a global perspective and specifically in Italy, an environmental analysis will be described as a way to determine the industry attractiveness. Industry Background The e-commerce industry is one of the fastest growing industries throughout the world even though differences exist in the stage of development from country to country. According to Euromonitor, global online retail sales have increased 17% from 2007 to 2012. In addition...
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...The Internet has shaped the world’s economic and social standing. Internet access, whether is it through a wireless access point, a mobile network, or a grounded broadband connection gives individuals the ability to connect to an online experience that is growing day after day. Users have never been as connected as they are now through this global community. The Internet has given vendors a way to sell products through the means of e-commerce domains, a way for users to stay connected with things like social media and an influx of the many other benefits it has to offer. The benefits alone display the impact the Internet has had on those that have been fortunate enough to be apart of the online community. Even though the Internet has had a profound impact by improving the lives of billions of individuals and being the driving force in business growth and economic development of many countries, the Internets vacancy in many parts of the world has serious consequences for the billions of individuals that are not connected, not to mention the world community as a whole. According to a report by McKinsey & Co. (2014), there are 4.4 billion people that are offline worldwide and 3.4 of those individuals offline live in just 20 countries. These billions of people that cannot access the Internet as easily as those more fortunate suffer from achieving a greater economic standing, education, social mobility, or other benefits that help improve overall life. This is not just a problem...
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...organization to optimize and control functions of operations for easy decision making. Also, the use of Technology as a competitive weapon has become a popular instrument to influence a particular organizational performance and the processes that will allow a smooth coordination of technology and corporate as well as business strategies. This Presentation emphasizes the importance of technology and the benefits the organizations reap by integrating some technological aspects, which gives them competitive advantage over their competitors. Key Words: Technology, Corporate strategy, Competitive advantage, differentiation advantage, Competitors INTRODUCTION Today, most organizations in all sectors of industry, commerce and government are fundamentally dependent on their technologies. In the words of Rockart (1979) Technology (IT) has become inextricably intertwined with businesses. In some industries such as telecommunications, media, entertainment and financial services, where the product is already or is being increasingly digitized, the existence of an organization critically depends on the...
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...Virtual Dressing Rooms: Try It On Arushi Microsoft [Pick the date] Arushi Srivastava Priyanka Singh FP Tech-II Proposal: The proposal is to study the concept of Virtual Fitting Rooms and understand the technologies involved in this concept. Introduction: Shopping for clothes online is an exercise in guesswork. Those jeans may seem perfect, but often as not, when they arrive, you try them on and they look terrible. It’s enough to keep a potential e-shopper from buying. E-fitting means "testing fit on the computer." Just as you have a fit session for a garment in real life, with a fit model and a design team, e-fit Simulator takes digital patterns and turns the pattern pieces into "virtual cloth" that can be sewn in the computer and tested on a 3D fit model, right in the software, showing you exactly how the garment is going to look before you sew a single real sample. Virtual dressing room is a relatively new concept which is slowly becoming more available on various fashion websites. Taking form in different ways, the virtual dressing room allows the at home shopper to virtually try on dresses and other fashions online. This allows the consumer to gauge if the style and the fit are an appropriate match before adding it to the virtual shopping cart of a web store. There are currently several different online virtual dressing rooms, but brick and mortar stores are also starting to use virtual technology in the physical dressing room. Technology Involved: ...
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...it could be concluded that buying fresh food and cooking has become a luxury that few of us can have. However, what many of us are aware that, if we shorten the time when we are purchasing our groceries we will have more time for cooking healthy meals. We are now able to buy products through internet or mobile phones. This way of buying is not so much time consuming as traditional way of shopping, but some customers are thinking that online shopping is unsafe and when you order online groceries, they are not so fresh. If more people would buy through internet or mobile phones, they would have more time for their families and friends, and for all different things that are improving standard of living. They would also spend less money due to buying just what they really meant, and they would experience freshness of products. This is why I propose that instead of old way of shopping we use the new Konzum mobile application, which saves time and energy. This application is improved way for shopping online. It offers wide information about products, special offers, stores, etc. The public can be informed through different channels how to use this application. This should be done through e-mails, catalogues, check points in every store, and posts on the big boards. Challenges Perceived online risk is a multidimensional construct. It may involve, for example, perceived product risk (Geuens, Brengman & S'Jergers, 2003), perceived social risk...
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...Running Head: BUSINESS MANAGEMENT Business Management Contents Answer: 1 3 Internet technologies and Robotics 3 Answer: 2 6 E-Business 6 Glam Media Inc 6 Competitive Threats for Glam Media, Inc 7 Threat of new e-commence Entrants 7 Threat of New Digital products 9 Threat of New Business Models 10 Sell-side Threats to Glam Media’s Business 11 Customer Power & Knowledge 11 Power of Intermediaries 11 Buy-side Threats to Glam Media’s Business 12 Power of Suppliers 12 Power of Intermediaries 12 Answer: 3 13 Crowdsourcing 13 References 19 Answer: 1 Internet technologies and Robotics In this technological and more competitive business scenario, internet technologies play a significant role in the organizations in order to accomplish their goals & objectives in an effectual manner. For instance, these are helpful to store & protect confidential information about the business in an effective manner. In addition, information technology improves the efficiency of company via develops an automated process to reduce the burden of the employees in a significant way (Sobh, Elleithy & Mahmood, 2008). But, in the next 10 years, internet technologies as well as Robotics will change the overall marketplace in an effectual manner. For example, these will have an effect on the job sector of a diverse market. With the help of internet technologies and robotics there would be incising in the jobs of different sectors such as: finance, service...
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...solve the present cash-flow squeeze, and to increase profits from the present break-even level to net profits of tk.54,650 by the end of the first year. We intend to accomplish this by focusing on modifying our website, repackaging our more popular products for the large retail chains, and to concentrate on our designated target markets. TABLE OF CONTENTS Serial Number | Subject | Page No | | | | | | | | | | | | | | | | | | | | | | | | | | | | INTRODUCTION This Internet business plan gives details of the proposed venture, along with expected needs and results taking into account the unique nature of electronic commerce. The business plan outlines how the company can take advantage of e-commerce to allow it to gain greater efficiencies of scale in management, marketing, and other business processes. Electronic Commerce in its broadest form incorporates the integration of public and private sector computer systems through the use of Electronic Data Interchange (EDI), Electronic Funds Transfer (EFT),...
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...7 4.1.3 Promotions 9 4.1.4 Security and privacy 11 4.2 Influences of websites on commercial environment 13 4.2.1 Industry environment 13 4.2.2 Social environment 14 5. Advantages and disadvantages of some other online presence 15 5.1 Blogs & microblogs 16 5.2 Search engines 16 5.3 Social networks 17 6. Conclusion 18 7. Bibliography 19 1. Introduction ‘Over time, trade became a more formalized, structured process, evolving from one-to-one transactions into many-to-many exchanges’ (PricewaterhouseCoopers LLP SAP AG, 2001, P1); in addition, modern business is partial to be built electronically on a network in order to be more efficient and convenient. This report will chiefly discuss how the online presence websites impact on the business operations which cover procurements and sales, employment, promotions, and security and privacy; furthermore, introduce the significant changes which are brought by the websites on the commercial environment. Finally, both benefits and limitations of blogging & microblogging, search engine marketing, and online social networking also will be demonstrated. 2. Traditional conditions and issues in business operations and commercial environment 2.1 Previous situations of operating business and the relevant environment In the old days, traditional business used to create connections with various units in a complicated process. A...
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...Community Health and Population Focused Nursing Community Assessment Western Governor’s University Mary Piersanti Identification of Community The city of Gilbert, AZ lies southeast of the metropolitan area of Phoenix, AZ. Gilbert has a population of 229,972 residents. The city of Gilbert is in the county of Maricopa. Land area is 43 square miles with approximately 5,354 residents per square mile. The metro area of Phoenix, AZ (including Gilbert and it’s other suburban areas) is known for the hot desert climate. Average temperatures are 80-100 degrees, with greater than 300 days per year of sunshine. With less than 10” rainfall annually, the area is considered to be arid. Summary of Tools, Description of Selected Community and Interpretation of Selected Data The following information will summarize the characteristics of the City of Gilbert, disaster assessment and planning, neighborhood safety, cultural assessment, a windshield survey of the community and a community scavenger hunt of available resources for Gilbert citizens. Population Economic Status Assessment Of the 229,972 residents in Gilbert, 48.7% are male (112,056). The median age is 32.2 years, with the median age for Phoenix residents being 36 years. 72% of Gilbert residents are White, 16.2% Hispanic, 5.5% Asian, 2.4% Black, 0.6% American Indian, 0.3% Native Hawaiian or Pacific Islander, 2.8% two or more races. Median household income is $79,916 ($68,032 in 2000) as opposed to the Arizona median...
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...Increase use of internet and its impac t on price level Increase use of internet and its impac t on price level INTRODUCTION: The evaluation of internet has open new gate for the world as the age of information technology and communication. People are interacted with each with use of medium like computer, Laptop, other communication device. The emergence of latest technology connect world in one village. People can communicate and interact and exchange their views, ideas and necessary information as well as can performance business transaction in world of information technology. Commercial trade is experiencing quick alteration, as the worldwide trading system expands and advances towards formal and market extensiveness. A main power behind these expansions is technology and adoption of internet in trade system, which is opening terrestrial, business and governing barriers, creating new products, facilities and marketplace occasions, and developing more information and systems sloping commercial and organization procedures. Transfer rapidity, comfort of use, user pleasure, regulator, and dependability have create and subsidise to helpfulness in many technology-based self-implemented trading systems E-bay, Alibaba etc. However, these reflexions may not be the most applicable or most significant in the case of advanced internet base products and services supplied over the Internet. They represent a useful starting point for the discussion as pricing of...
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...Monograph on the Apple Business Model @2003 Introduction. In 1984, Apple and the Macintosh challenged the world with the dramatic portrayal of a revolutionary woman hurling a hammer at an image of the establishment. With the Twentieth Anniversary of that event approaching, now is a good time to take a look back at this revolution and take stock of the new revolution that the Mac OS X operating system offers. Despite Time Magazine's 80 Days That Changed The World, it would appear that Apple doesn't get much credit for the revolution it sparked in personal computing. As the leading innovator in the computer market, and with a balance sheet holding of four billion in cash, neither its stock value nor its market share is very high. Every few months or so, a journalist reports on impending trouble for Apple Computer. Part of the reason for this negative press is that its main competitor has a 95% market share and billions more in cash. By any other standards, Apple would be judged to be an astonishing success, but a bigger question remains: Why is the Apple market share so small when it has a superior product? Blaming Microsoft for the 'ills' of Apple really misses the point. Both companies were formed early in the computer age, both had product, innovation and opportunity at a critical time, but their history is vastly different. Apple's small market share must be the result of its business model. While the business model has failed the aspirations of the Macintosh Revolution...
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...Music Store, which sells more than 10,000,000 songs each month for just $.99 each. Other new forms of digital entertainment products include digital video recorders (DVRs), which record TV shows on hard drives instead of tape, and home entertainment “hubs,” which utilize wireless networks to link digital devices from around the home. Some experts even predict that there will probably be a version of iPod and iTunes for movies in the near future. Suddenly the music, television, photography, movie, and computer industries are converging. Musicians, recording companies, television networks, camera companies, movie studios, computer companies, retail stores, and consumers like you are part of a completely different entertainment marketplace. How did this happen? The marketing environment changed! First, consumers changed. They gradually made it clear that they prefer more convenient and customer-friendly approaches to purchasing music, television programming, movies, and photographs. Second, technology...
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...fresher, longer-lasting flowers to consumers. The management of Calyx & Corolla is contemplating a change in their long-term business strategy as they examine their ability to compete with more traditional outlets such as retail flower shops and wire services like FTD. Ruth Owades, the founder of Calyx & Corolla, has hired Marketing Consultants (MarCo) to assess the strengths and weaknesses of her business and make recommendations on how her company can fully develop their mail order concept. Background: Calyx & Corolla is a small mail order flower company that was founded in 1988 by Ruth Owades. Ms. Owades secured $2 million in capital from approximately 18 different investors in order to launch the company. By 1991, Calyx & Corolla exceeded $10 million in annual sales and Owades and her associates were reassessing the firm's long-term growth strategy (Wylie and Salmon, 1991). Up to this point, Calyx & Corolla was primarily a mail order company, but management is now considering expanding their market and is unsure of how they should proceed. Recently, a well-financed venture capital-backed start-up failed and Calyx & Corolla acquired some of its assets. Another unproven competitor recently entered the market, financed by a large Japanese conglomerate. The company's success is primarily due to a few key employees. Ruth Owades plays a major part in the selection and pricing of flowers and other...
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...EJISDC (2004) 18, 1, 1-24 E – GOVERNMENT FOR DEVELOPING COUNTRIES: OPPORTUNITIES AND CHALLENGES Valentina (Dardha) Ndou Department of Business Administration University of Shkoder, Albania ndou@hotmail.com 1. INTRODUCTION The explosion of digital connectivity, the significant improvements in communication and information technologies and the enforced global competition are revolutionizing the way business is performed and the way organizations compete. A new, complex and rapidly changing economic order has emerged based on disruptive innovation, discontinuities, abrupt and seditious change. In this new landscape, knowledge constitutes the most important factor, while learning, which emerges through cooperation, together with the increased reliability and trust, is the most important process (Lundvall and Johnson, 1994). The competitive survival and ongoing sustenance of an organisation primarily depend on its ability to redefine and adopt continuously goals, purposes and its way of doing things (Malhotra, 2001). These trends suggest that private and public organizations have to reinvent themselves through ‘continuous non-linear innovation’ in order to sustain themselves and achieve strategic competitive advantage. The extant literature highlights the great potential of ICT tools for operational efficiency, cost reduction, quality of services, convenience, innovation and learning in private and public sectors. However, scholarly investigations have focused primarily on the...
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...Much has been written about the past in regards to Canada’s evolution from an agrarian system to an industrialized system where the production of goods is the foremost means of work. Now, there are those who say that we have moved onto a post-industrialized system, which includes knowledge workers who produce and disseminate knowledge and have the ability to solve problems, and the creative class, which is comprised of professionals like engineers, professors, and lawyers. “These workers are transforming the economy through a new work ethic that places a high priority on interesting work, flexible forms of organization, and dynamic places in which to live and work” (Krahn, Hughes & Lowe, 2012, p. 27). As we venture into a post-industrialized era, this paper will examine the future prospects of work in Canada and the role that technology will play. Advancements in technology and innovation in a post-industrialized society are changing the way work is done. Some believe that technological advances will have a severe negative impact on the Canadian workforce. Betcherman and Lowe (1997) examine this view and conclude that there are three reasons that support this pessimistic outlook: 1) “mental” and “manual” labour are at risk due to “smart” technologies (p. 11); 2) when the agrarian system was replaced with industrialism, there were emerging sectors like manufacturing and services absorbed displaced workers, however, there does not seem to be an emerging sector (Betcherman &...
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