...Tax Revenues and E-Commerce Table of Contents: i. Introduction ii. E-Commerce iii. Internet Tax Freedom Act (ITFA) iv. Amazon and “Amazon Tax” v. State Budgetary Gaps vi. Conclusion vii. Appendix a. Colorado House Bill 10-1193 b. State Budget Gaps and Uncollected Tax Revenues c. Regression Analysis i. Graph 1.1 ii. Graph 1.2 iii. Graph 1.3 viii. References Introduction It was May of 1984 in Gateshead, England when Tesco recorded the first ever-online shopping transaction from a home . Tesco is the second largest retailer in the world after Wal-Mart, based on profits . This single transaction would pave the way towards a society that relies on the virtual store as opposed to a traditional brick and mortar setting. The convenience and accessibility that the virtual market provides has consequently provided inconveniences in other areas. State and federal governments have been steadily suffering from budget short falls. E-Commerce has diverted business from the mom and pop stores to companies such as Amazon.com and Overstock.com. Small businesses have closed and the land that they once occupied now sits vacant, with no one paying the respective land and sales taxes that the business once generated. The closing of smaller, local retailers has, in retrospect, paved the way for the expansion of e-commerce and the exponential growth that has been realized over the last decade. Current legislation and lack of regulation have limited the potential for federal...
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...The e-commerce of Amazon and Toys r us Beverly Boyd Man 223 08/02/14 The e-commerce of Amazon and Toys r us In the state of New Jersey, Amazon.com” filed a lawsuit against Toys R Us. The lawsuit stated Toys R US had“ infringed on the contractual agreement of their joint venture”. (Foster, 2004). Amazon asked for” $750 million in this suit. In return, Toys R Us countersued, “declar- ing Amazon had dishonored “the exclusive rights to sell toys, games, and baby items through third-party merchants on Amazons’ website, which were the same products sold by Toys R Us (Foster, 2004). Afterward, the lawsuits were petitioned to a high court, the “judge denied both party “ damages. But was appealed then a second time, to an appellate court; the judge ruled in favor of Toys r us, and was awarded $51 million. Afterward, Toys R Us shut down its website”. (Foster, 2004). Wal-Mart was one of the competitors whom “Toys r us was hurt by in August 2004. So Toys r us decided to sale its 1,200 toy-store chain, and a spin-off of toy or baby products businesses. Some investors purchased Toys r us for $6.6 billion in August of 2005”,the new owners made the company private; is it really over? (Mangalindan, 2006) In researching the court dispositions, there was evidence from the testimonies of the employees from Toys r us and Amazon, proving a breach of contract by Amazon. Although some of the witness for Amazon pretended to have a lapse of memory, on the other hand. Most...
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...each question in one to two paragraphs. 1. What are the major differences between pure play e-commerce and bricks-and-clicks operations? What are the benefits and limitations of each? (5 marks) Pure play e-commerce is when companies only have web presence and no stores, it saves the companies from spending on expensive commercial property needed to built a store, the downside is that they might not already have the money to start the website. Bricks and clicks is when the company has physical presence in form of store or stores and also a website. 2. One of the key motivations for developing an e-commerce site is immediate access to a much larger market. Explain why an increased market reach may have benefits, and describe its limitations. (5 marks) A much larger market has numerous benefits because it can give a sudden boost to sales as a lot more people have access to the goods sold by the site. The limitations can be when the the company cannot keep up with the orders or when due to limited warehouses delivery takes a lot of time, leaving the customers unhappy. 3. What are the three most important mediation issues in e-commerce? Give an example of each. (5 marks) 4. What are the key factors that determine e-commerce success? What factors determine its failure? (5 marks) Some of the key factors that determine an e-commerce success are- requirement of a niche market, a good layout for the website which is intuitive and...
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...E-Commerce Project Liberty University Online Busi-424 Since the early 1995 when commercial use of the web began to take off, E-commerce has transformed and impacted the way the businesses and consumers shop forever. Before the rise of E-commerce the only way to buy and purchase products was through your standard brick and mortar store and if you wanted to order products that were not available at that moment you would need to sift through a large catalog or directory. If you ordered through that you would send in the order item # along with basic contact information in mail and then came the long wait of receiving your product in the mail to your home or business. It all sounds really cumbersome, time consuming and inconvenient when compared to today’s current trends of ordering products. E-commerce has paved the way for people and businesses to shop easily, faster and more efficiently than was ever thought possible. Even though E-commerce is a relatively young industry with beginnings that point to only as far back as the 1970s, data has suggested that over the next few years some categories of E-commerce is expected to grow about 14% annually through 2017 while traditional retail sales are expected to only grow about 4% annually through that same time frame (Laudon and Traver, p. 27). There are four major types of E-commerce categories that are utilized daily. They include Business-To-Consumer (B2C), Business-To-Business (B2B), Consumer-to-Consumer (C2C) and Mobile...
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...many subsidiaries around the world. Amazon employs over 88,000 people on all seven continents. It is one of the leading e-commerce companies found on the internet selling items from appliances, books, electronics, wine and everything in between. Whatever the consumer is looking for can most likely be found at Amazon.com (Amazon, 2013a) Amazon made its start by selling books to consumers that loved to read but very soon realized that if they offered more products it would appeal to more people and increase customer base along with profits. “Today more than two million small businesses, world-class retail brands and individual sellers increase their sales and reach new customers by leveraging the power of the Amazon.com e-commerce platform (Amazon, 2013a).” One of the subsidiaries that Amazon has developed is its e-reader, The Kindle. Amazon was the first company to bring the e-reader into existence and drove other companies to develop similar products, such as the Nook by Barnes and Noble and other less popular e-readers. Amazon changed the way consumers read books, magazines, newspapers, and even watched movies and television all on one device (Amazon, 2013a). Another subsidiary is Amazon Cloud, which is a way for consumers to store books, movies, television shows, and even music in one place without having to take up the storage on one’s personal computer or laptop (Amazon, 2013a). When this was developed and marketed by Amazon many companies jumped on the chance...
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...research on e-commerce. Amazon and eBay are the two largest e-commerce companies. As of this writing, Amazon has a market cap of about $87B, trading at a trailing twelve-month P/E of about 139. eBay has a market cap of about $42B, trading at a trailing P/E of about 13. Each company competes with many other companies in many different areas. For example, Amazon competes with Apple on tablets (Kindle vs iPad) and digital media (Amazon’s media store vs iTunes). Ebay’s Paypal unit competes with multiple payment companies, and its marketplaces division competes with other “peer-to-peer” e-commerce sites like Craigslist. But given the potential size of the e-commerce market (not to mention the online-to-offline commerce market), Amazon and eBay’s main competitors are each other. And to understand their large strategic moves (e.g. large acquisitions like GSI and Zappos), it is important to understand their fundamentally opposing strategic outlooks: eBay wants commerce to be more decentralized (around its GSI/Magento partners and eBay marketplaces sellers) and Amazon wants it to be more centralized (around itself). First, some background. During the dot-com boom, many largest offline brands debated how to best move their businesses online. Some tried to build their own websites from scratch. Others partnered with commerce technology providers. Toys ‘R’ Us took a novel approach and signed a “strategic alliance” to outsource all of their e-commerce operations to Amazon. Over the next...
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...Global e-Business Assignment One The Assessment of the Amazon.com Ji Li Student ID: 13087096 7BSP1172 Global e-Business Module Tutor: Hajrë Hyseni 2nd April 2014 [Word Count 2123] 1 Table of Contents Chapter 1: Introduction ..................................................................................................... 3 Chapter 2: Findings ............................................................................................................ 4 2.1 The e-Commerce Industry ................................................................................................... 4 2.2 Evaluation of the Website .................................................................................................... 4 2.2.1 Entry ................................................................................................................................................... 4 2.2.2 Browsing ........................................................................................................................................... 5 2.2.3 Basket & Checkout ........................................................................................................................ 6 2.1.3 Engage ............................................................................................................................................... 6 2.3 Fulfillment .........
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...Amazon Evolution Amazon has grown from an online bookstore to an online one stop superstore. You can buy anything from books to computer components and toys on their website. They were founded by Jeff Bezos in 1994, and have grown exponentially since then. Information technology has helped them immensely along the way as this paper will demonstrate. They do everything from shopping to web-based applications involved in cloud computing for other businesses while staying true to their core competency. Amazon has appropriately evolved as a company to be successful in a high-tech environment. This company was founded in 1994 for selling books at a reasonable price. They made sure they had a good customer service to retain customers. By 1999 Amazon.com was formed, now Amazon really could reach a lot of customers due to the internet. So now they book stores and able to sell books to people at their own home, this was very convenient for customers. They did not have to leave their comfort of their own home. In 2000 Amazon opened their customer service center, this way the company could handle their customers in one location, saves on management and hourly’s. Because you have all of your staff in one location. In 2001 Amazon announces an alliance with Borders; this alliance increases inventory and variety of books they can offer on their web site. In 2003 the company expanded to sports and outdoor stores, this way they can try to gather in a new customer base, so...
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...The Evolution of Amazon The Evolution of Amazon Learning Team A BIS/219 April 14. 2011 David Avery Jr. The Evolution of Amazon The online company Amazon.com is revered for its creation of the first online bookstore. However, Amazon is also a pioneer in the implementation of information technology platforms that have helped it become a billion dollar global sales generator. When Amazon founder, Jeff Bezos, shipped the first online book order from his garage in Seattle, Washington in 1996, the concept of shopping from home via the internet was in its infancy. By 1999, Time magazine honored Jeff Bezos with the coveted Person of the Year award for making online shopping a part of mainstream society. Amazon.com employs 14,000 employees worldwide, operates out of seven different countries, possesses four IT patents and is still at the forefront of creating and utilizing IT platforms to improve, expand and revamp the data management and e-commerce processes. Amazon .com practically invented online shopping and e- business in much the same way that Wal-Mart did in the creation of the superstore. Although brick and mortar stores like Wal-Mart and Target generated huge profits from selling consumer goods, Amazon.com introduced to the retail giants a new venue to increase those profits. When sales appeared to slip. Amazon quickly regrouped and reinvented itself as an innovator in data storage, multi level e-commerce and a leader in information technology development. Competition...
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...data can be a difficult process for some companies because data increases exponentially. Companies such as Amazon, Microsoft, and Google have managed their data efficiently using databases and data warehouses, which makes then leaders in e-commerce. This research composition will cover how Amazon uses information systems to support their business processes. The essay will also cover the potential weaknesses and strengths of those information systems, and propose solution to improve the systems. Amazon.com: Welcome to the cloud Managing data efficiently is the key to success for any business or organization because data increases and changes exponentially. Successful companies such as Microsoft, Google, and Amazon manage their data using data warehouses and databases. Managing their data through those systems allows them to improve business knowledge, assist decision-making processes, and offer a better service to their customers. This essay will cover how Amazon uses information systems to support business processes, and the potential strengths and weaknesses of those information systems. Amazon.com. Inc. overview Founded in 1994 by Jeffrey P. Bezos, the company debuted on the Internet in 1995 and “quickly became the number one book-related site on the Web” Answer.com (n, d.) Considered a pioneer in e-business, Amazon.com quickly diversified its services and products. The company’s website offers a wide variety...
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...2014 Research on Amazon’s Benefits from E-commerce and potential growth. On my paper, I will discuss a brief history of the company, its founders, and also how they began from scratch to now becoming one of the largest e-commerce companies in the world. Amazon.com, Inc. is one of the largest electronic commerce companies around the globe. With Seattle, Washington serving as its headquarters, the organization which started off as a bookstore offering for sale books to its global clientele has today diversified to offer a wide range of products and services including but not in any way limited to computer software, electronic goods, mobile devices, DVDs, toys, furniture and even food. Basically, the organization serves its clientele using its retail Web sites which are tailored to offer convenience and speed to shoppers. Furthermore, I will discuss some of the benefits of e-commerce laying emphasis to Amazon and how it helped in the growth of the company. According to Fazlollahi (2002), e-commerce can be taken to be “the use of technology mediated exchanges by business for the purpose of selling goods and services over the internet.” In the recent past, the growth of e-commerce has been rather fast with more businesses becoming motivated by a wide range of reasons to embrace the platform. This also happens to be the case for Amazon. By embracing e-commerce, and most specifically business to consumer (B2C) e-commerce, Amazon has been able to access a quite a number of...
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...increased the Internet giant’s footing in the e-commerce world, taking the book retailer from the beginnings of providing a shopping experience above the walk in bookstores of the past. Today, Amazon offers services to thousands of businesses as well as the continued service for both sellers and buyers of many products of music, apparel, movies, toys, pet supplies, and more. Amazon’s strategy has moved the Internet business from retail to competing with Google and Microsoft to offer data and information storage retrievable by uncomplicated software. Amazon’s use of e-business and e-commerce in the B2B and B2C realm continues to add services for businesses to reduce operating costs and increase the subscriber’s efficiency that places Amazon in a position unimaginable 10 years ago. Amazon.com is a business whose sole transactions involve the Internet to some extent. Unlike many traditional department stores, Amazon has no storefront from which to conduct business. Its entire operation operates via e-commerce or e-business. E-commerce is the sale, purchase, or exchange of items, including products and services, over a computer network. E-commerce is similar to e-business, but includes all aspects of a business, including developing customer relationships and collaborative efforts between companies. Amazon uses both e-business and e-commerce in its business dealings to achieve maximum benefit. Two types of e-commerce and e-business that Amazon.com uses are business-to-consumer...
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...E-Commerce Website Analysis BIS/375 4/11/16 E-Commerce Website Analysis In today’s business world, the utilization of the internet is a necessity in order to attract, secure or conduct business transactions. And while some businesses only use the internet for E-commerce interactions towards further advancing their business, other companies rely on E-commerce as the driving force of their organization. These companies face large risks by doing this, but the payout can be vastly beneficial to the brick and mortar side of business. One company that has taken advantage of the internet to conduct business is Amazon.com. Through the use of the E-commerce, Amazon.com has positioned itself to becoming a household name. To gain an understanding at how Amazon.com has managed to accomplish this, their history should be understood, the regulations, issues and opportunities should be reviewed and the website experiences should also be explored. Once these are done, the phenomenon that Amazon.com is today can be grasped and understood. History of Amazon Amazon is the largest online e-business in America founded in 1994 by Jeffrey Bezos. Amazon original worked as an online bookstore branching into clothing, gourmet food, watches, jewelry, baby product, apparel, and many other products by 1999. To keep up with changing times and competition Amazon developed their prime service. Amazon prime released in 2005 gave customers the option of fast delivery by paying on flat rate each...
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...Subject: E-logistics and International Supply Chain Management. Topic: How to use internet to support logistic activities? Abstract: Now a day’s, many companies are adopting the usage of internet technologies to improve the effectiveness of the logistic activities. This paper aims to investigate the use of internet technologies at Amazon and how it manages its logistic activities. Keywords: Internet, logistic activities, E-logistics, E-commerce. Introduction: Internet connects entities to global market place. It is a computer to computer communication. The use of internet affects the success of the companies and help in developing e-logistic activities. It has a major impact on information exchange of the companies has it acts as a communication channel with which business transactions are made fast. The growing application of Internet-based systems like Enterprise Resource Planning (e-ERP); Maintenance, Repair and Operations (e-MRO); Materials Requirements Planning (e-MRP); Electronic Data Interchange (e-EDI); e-procurement and e-auctions in various parts of the world has shown that the Internet can help to provide efficiency in supply chain activities to improve the competitiveness of the companies involved (Bendoly and Schoenherr (2005); Davila et al.,(2003); Hartley et al.,(2004); Kheng and Al-Hawamdeh (2002); Muffatto and Payaro (2004); Paterson (2005); Presutti (2003); Puschmann and Alt (2005); Singer (2003); and Yang et al.,(2007)). Amazon.com: Amazon was founded...
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...Amazon Evolution Amazon.com is one of the largest online retailers; in recent years, Amazon has shown its intention to broaden its core competency to become a more diverse online retailer by adding computing and storage services to its product base. The team will address whether Amazon’s strategy is a good one and describe how Amazon uses each component of a database. Also review the data management issues encountered by Amazon, share how Amazon addresses the relationship between data, information and knowledge, and last, describe how Amazon uses both e-business and e-Commerce for B2B and B2C. Components of a Database and How Amazon uses each Databases involve four different aspects: tables, forms, queries, and reports. Tables are a group of rows and columns that make up the entire database. They are made of information that can be entered, edited, stored, and reviewed (Mickey, 2005). Amazon uses tables to keep records of users and sales. For example, Amazon would use tables to keep records of a user’s credit card number, address, age, and a record of purchases and sales made by that user. This information would is kept in the Amazon’s database to track what kinds of purchases and sales the user makes and to deliver the products to the user. Forms are used to enter, view, and edit data (Mickey, 2005). According to Chris Cruikshank (1999), the form should have some form of validation so that the user cannot enter rubbish onto the database. Numbers must store numbers; dates...
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