Premium Essay

E-Commerce in Business Culture

In: Business and Management

Submitted By channing22
Words 1089
Pages 5
Garymack Channing Burnette
American Intercontinental University
Unit 3 Individual Project
MGMT305-1204B-06 Management Information Systems
Sunday, October 21, 2012

Abstract
The following paper takes a comprehensive look at E-Commerce in business culture. The outline given appropriates the need for E-Commerce by way of projected revenue generation and new outreach to customers. Moreover, benefits for capitalization that allows building and/or adding new avenues to do business and gain customer base. More importantly is how the use of this tool grows customer service and company reputation not only to their customers but vendors and suppliers as well.

E-COMMERCE SUPPORTING BUSINESS South Main Customs is located in the heart of Kannapolis North Carolina. This local motorcycle shop is surrounded by a community of motorcycle enthusiast (SouthMainCustoms, n.d.). This shop is famous not for selling motorcycle’ and/or other small engine machines such as all-terrain vehicles and watercrafts but for safety gear and apparel along with other ancillary accessories. Unlike the local Wal-Mart that sales discounted and less popular and limited brands of products, locals flock to South Main Customs for their extensive brick and motor shop availabilities. South Main Customers carries all the popular brands for each season and type of riding. The merchant model which is a model where a retailer makes sales from their website would benefit South Main Customs most appropriately. This model transforms a successful brick and motor shop to an electronically virtual shop on the World Wide Web for customers to make purchases. With this online shop customers can shop at home, on the go via their smart phone and request custom orders. Furthermore, the shop can launch a delivery service within the servicing a specified radius for extended customer service....

Similar Documents

Premium Essay

Ecommerce in China

...E-commerce in China E-commerce has been greatly developed in both United States and European countries when we look at the success of eBay and Amazon. However, according to researchers at IDC (International Data Corporation), it is forecast the annual Asian sales outside Japan, including Taiwan, Hong Kong, South Korean and India, charged ahead at 38% a year through 2007 eBay sales (Miller, 2004). E-commerce not only creates business opportunities, but also helps enterprises save money and operate more efficiently. Therefore, the potential of the market among Asian regions in recent years has been extremely large, especially in Taiwan and Hong Kong. However, many people notice that China seems to be lagging behind this trend and e-commerce is not very suitable for the culture in China as people may prefer face-to-face business. This essay argues that China has the need and potential in developing e-commerce. E-commerce is becoming more compatible with the Chinese culture of business. Although it may be argued that E-commerce is too technological that violates the traditional Chinese business culture as in the past of Chinese society, social relationship plays an important role in Chinese business and shows appropriate respect to the customers or partners. However, all the things in e-commerce are done by the systems only. Nowadays, more and more people in China have an opportunity to receive education so that they can more easily access to internet world and also different......

Words: 914 - Pages: 4

Free Essay

Challenges Implementing Multi-Stage E-Commerce Model

...multi-stage e-commerce model Rajesh Salunkhe May 13th, 2013 Kaplan University (Prof. Sheila Fournier-Bonilla) Abstract This paper is written to review some of the challenges associated with all global systems attempting to implement a multi-stage e-commerce model. The paper endeavors to examine these challenges from a cultural, language, time and distance, infrastructure, and currency perspective. Additionally challenges related to state, regional and national law too are examined. Challenges implementing multi-stage e-commerce model Implementing global systems for a multi-stage ecommerce model can be a daunting challenge and yet provide a growth opportunity simultaneously. Simplistically, e-commerce refers to some form of electronic activity (e.g. buying or selling goods or services online) , that cross organizational barriers, with or without the involvement of WWW or Internet. Ecommerce systems can be implemented as Business-to-Business (B2B), Business-to-Consumer (B2C) , Consumer-to-Consumer (C2C) and Business-to-Government (B2G) models (IBMR, 2008). Regardless of the model, if their associated challenges are well-identified and proactively addressed, then a new world of opportunity due to market expansion and growth potential, awaits the companies, undertaking the risk to implement these......

Words: 1644 - Pages: 7

Premium Essay

Ebusiness

...Barriers to E-Business There are several barriers involved in e-business, however the main success to e-business depend on the amount of online users available globally, and the base and originator of the buyers and sellers. The barrier of e-business it is divided into two categories technological and non-technological. . . 1) Personal Computer Penetration Personal computer penetration is the main display t( necessary need) to starting up and e-business. When it comes to PC penetration and ecommerce we can see that there is a direct relationship between them Rabe 2001; Singh, Jayashankar, and Singh 2001), moreover owning a pc is very much directed to actual revenue or income owned (Polster and Trinh 2000). So in this case developed countries are capable of owning more pc however the poorer countries are quite limited in the amount of Pc owning. For example PC manufactures in china may produce a computer for a price of $ 300; in our standard of developed countries it is extremely cheap. however in accordance to the poor countries ,economical factors and salary wages $ 300 could mount up to about 2 month of their average wage. This could cause a major problem for e-business as it could decrease the amount of global interaction or awareness. 2)Infrastructure Access to the internet in global developed countries is not a problem even if computers price have declined on increased. Having internet in developing countries is extremely common and in fact......

Words: 1531 - Pages: 7

Premium Essay

Bussiness

...Starting a Business Online Abstract E-Commerce has become one of the emerging business trends towards the provision of services. The ability of a business to realize the impacts and benefits of e-commerce to the business is central towards the evaluation of its necessity. The evaluation process requires an entrepreneur to undertake a SWOT analysis in order to understand the advantages and disadvantages of e-commerce. The e-commerce industry is experiencing a variety of issues that range from culture, trust, language, infrastructure, and the government regulations. Addressing these issues is central to the viability and feasibility of the business in the market. Designing of a mechanism of addressing the issues that relate to the regulations governing the operation of businesses is necessary. The online crimes also present a major challenge for most of the businesses. Therefore, this paper elucidates strategies and operations that help in the analysis and addressing various issues that relate to the e-commerce industry. Question 1 The SWOT analysis is a major tool that can be used in the evaluation of the advantages and disadvantages of engaging in e-commerce. Strengths A major strength is the expansion of the global market commanded by the store. It expands the geographic retail market for the clothes stores beyond the Jersey Shore boardwalk to areas all over the world. Another strength is the time-saving potential of e-commerce both for the store and the customers.......

Words: 1356 - Pages: 6

Free Essay

E-Commerce

...Electronic Commerce Charanpreet Singh Sullivan University Abstract E-commerce revolution is increasing day by day with thousands of new customers joining in everyday for shopping goods and services online. But still in today’s age of internet, some of the barriers exist which hampers the growth of E-commerce. Few of such barriers are Lack of trust, language & culture and infrastructural issues. A joint effort is required to put in place a proper process by which these issues can be addressed so that the effects are minimal. Lack of trust (Werthner, 2001) It is very important for the businesses to establish trust with their customers but the online businesses which exist through online websites have anonymity and it is hard to establish then said. The existence of business through website and lack of physical presence at a place is a factor which affects a person’s trust in a company. The issue of anonymity can be explained by an example that no one can know only through a website that how established a bank is only through their website and unless and until one trusts a bank they will not become a customer with the bank. Therefore, companies really need to have a plan to how they can make their customers trust a business. Also, when designing a website it is very important that we address all the needs of the customers in a good manner so that they do not get an impression that this company does not provide the services which the customer are looking for. In......

Words: 977 - Pages: 4

Free Essay

E-Commerce

... Submission Date: 13th April 2014 Course: E-Commerce Class Timings: Sunday 4:15 – 7:15 Student ID#: 2011-3-07-12484 Course Instructor: Mr. Faisal Dehdi A STUDY OF THE FACTORS THAT INFLUENCE THE ACCEPTANCE OF E – COMMERCE IN DEVELOPING COUNTRIES SUMMARY: E-Commerce which facilitates transaction of goods & services via computer networks such as internet has become a powerful tool of socio-economic development & therefore is a significant issue for developing countries. Many developing countries have made Information & Communications Technology (ICT) as part of their development plans to ensure deployment & utilization of ICTs in their country for the benefit of enterprises & citizens. This research paper aims to study: - * E-Commerce across national borders to find out relationships among certain factors & attitude about e-commerce. * Issues & areas necessary to the implementation of e – commerce that may be influenced by National culture. * Impact of culture, previous web purchased experience & age of developing countries on e-commerce. The two nations (Iran & UAE), gender & previous experience are the independent variables whereas attitudes about different aspects of technology use are taken as the dependent variable. From the literature review, we conclude that E-Commerce has a potential to add value in developing countries by offering advantages such as globalization of commerce, elimination of time & space limits,......

Words: 662 - Pages: 3

Free Essay

Business

...retailing will continue to decline as a result of the continued growth of e-commerce. This decline is inevitable because there is an intense competition between two markets. Businesses find it is more beneficial to operate e-commerce so there are less businesses operate high street retailing. This is because operating e-commerce has a low operation cost such as free rental cost and reduces the expense on human resources. Moreover, there is a larger customer base since it is able to attract customers internationally and nationally, and there is also no time restriction which is one of the main factors that leads to the growth of e-commerce. In addition to this, businesses that operate e-commerce can offer a wider range of products whereas there is a limitation for high street retailing to offer products because of the limitation of space. On the other hand, the high street retailing is not replaceable because customers are more satisfied when they can see real products in hand which enhances the levels of repeat purchasing which shows the demand of high street retailing. However, whether or not the high street retailing will continue to decline as a result of the continued growth of e-commerce depends on the external factors such as economic which affects the level of deposable income. Also, it is depends on the financial capacity of individual business which affects how well they can manage the business during changes in the market. Therefore, the purpose of the essay is to......

Words: 1681 - Pages: 7

Premium Essay

Data Storage and Architecture

...University Introduction Commerce is the conducting of business; it could be buying, selling, marketing, or providing services. The newer forms of commerce are electronic commerce (e-commerce) and mobile commerce (m-commerce). The types of e-commerce are business-to-business, business-to-consumer, and consumer-to-consumer. The traditional commerce practice required consumers to buy at a retail location, order from catalogs over the phone, or fill out order forms to mail in. These processes where lengthy and inconvenient to consumers needing products fast or even business needing a rush order could still take weeks. E-commerce emerged eliminating the long processes of ordering and waiting on receipt of order, then processing; to just clicking buttons and shipment within hours or days. E-commerce and M-commerce have many benefits to businesses and consumers but as with any great thing there are challenges. In attempting to implement a multi-stage model for e-commerce with global systems, the key challenges are; cultural, language, time and distance, infrastructure, currency, and state, regional, and national laws. Cultural challenges Culture includes difference in morals and beliefs, language, currency, laws and the way individuals as well as businesses function. Cultural challenges occur when the major understandings and assumptions of the business leaders is different from the consumer or other business, in which business is to be conducted with. Within e-commerce......

Words: 1637 - Pages: 7

Premium Essay

Global Challenges Associated with E-Commerce

...Associated with E-Commerce Pamela Moss IT500-02 Critical Concepts and Competencies for the IT Professional Instructor: Sheila Fournier-Bonilla Kaplan University 03.20.2013 Global Challenges Associated with E-Commerce For many businesses today, implementing e-commerce capabilities into a traditional business can seem like an easy task on the surface, but there are many challenges associated with successfully implementing an e-commerce web site into a business that will appeal to global consumers and increase the success and profitability of the business. One model commonly used in e-commerce is the multi-stage model; this model breaks down each stage of the customer’s shopping experience to ensure quality and service that will induce positive feedback from the customer and return visits. Like all traditional businesses, there are challenges at start-up, and e-commerce also has its own challenges. This document will discuss six major challenges businesses face when trying to implement a successful e-commerce web site, the effects these challenges have on an e-commerce business, and what steps may be taken to overcome these challenges. Cultural challenges in e-commerce are one of the most difficult challenges to overcome because the language challenge must be considered simultaneously. A clear assessment of culture is a combination of language and routine executed in a specific location or geographical region. Therefore, cultural challenges for an e-commerce web......

Words: 1579 - Pages: 7

Premium Essay

Starting a Business Online

...Starting a Business Online, Part 1 In today’s world of online companies trying to find a unique way to out produce, out resource and outperform competition. It’s going to require the right product and of course the correct approach and research in order to be successful. Identifying the advantages and disadvantages of taking your small business online by performing a SWOT analysis. While conducting a SWOT analysis of my clothing store along the Jersey Shore boardwalk, I determined what my strengths, weaknesses, opportunities and threats could potentially be. My research has indicated that my Strength’s would be my customer service skills, flexibility in my direction and focus, experience in the clothing industry and being able to provide a good value to customers. Weaknesses would be my competition, lack of reputation to gain customer response and potential cash flow. Within the opportunities category, I determined that the weak economy in some regard would be a benefit to apply for government grants and SBA loans to help with my overall business intent. My competition may be slow to adopt new technologies; giving my business the opportunity to excel. The threats that may be a concern are also a weak economy. The developments in technology could change the clothing market beyond our ability to adapt and larger competitors could destroy our chances in the clothing industry. The advantages that I anticipate would be the ability to run my business from virtually anywhere...

Words: 1242 - Pages: 5

Free Essay

Minion Case Study

...------------------------------------------------- Nguyen Thuy Van s3325150 ------------------------------------------------- Nguyen TheThanh s3344060 ------------------------------------------------- Nguyen Truong Khanh Ngoc S3344067 ------------------------------------------------- * Case Study Summary: The case study “The Implication of Globalization for Consumer Attitudes” is all about the anti-globalization trend, the important of localization site and the main factors e-businesses have to consider when they expand their company internationally. There are two main reasons which be stated in the case study regarding localization site. First of all is the advantage of using local language, in some European countries, they are not appreciating the trend “globalization” as “Americanization” because it makes people feel negatively about capitalism and the English language; so using local language would help company present a “home side” image with customers. Secondly, site localization will help e-businesses have a clearer view about customer specific demands at different places. To be successful using...

Words: 1745 - Pages: 7

Free Essay

Bus107 Fundamentals of E- Commerce

...BUS107: Fundamentals of e -Business ASSN 1:Starting a business online part 1 By Minh Thai Professor: William Simonpietri Date: 1/2/2014 Business as of today has become more competitive and more sophisticated than ever before. Owning a small clothing line has it’s complications but taking it to an e-commerce level is a total new logic. Before going to any new business venture, an evaluation must be done correctly in a professional manner. I think it’s best to have a SWOT analysis planned out prior to starting out. A SWOT analysis helps analyze the 4 compartments for either a business venture or project. The 4 compartments are Strengths, Weaknesses, Opportunities, and Threats. According to the text Strengths measures the advantages of the characteristics the business may have. Weaknesses measure the disadvantages of what a business may have. Opportunities help analyze new ideas for growth. Lastly Threats shows what factors that may cause a danger towards a business or project. The advantages under Strength, I would say for owning a small local clothing store along the Jersey shore is by taking constant current customers and showing them your e-commerce site, so that they may be able to spread the word for you. Secondly it’ll attract more tourists and people around the globe that are able to check the web-site out instead of only dealing within the retail environment and having only physical contact. Another advantage is more income and revenue will increase......

Words: 1295 - Pages: 6

Free Essay

Ge’s Digital Revolution Group Case

...1. You may have seen the terms “e-business” before. Do some research and briefly indicate why you think that this term better defines what GE did rather than “e-commerce” GE’s CEO, Jack Welch, once described their e-business as, “an elixir, a tonic that has changed the DNA of GE forever.” (Bartlett, 2002) During Welch’s final years as CEO, he was faced with the strategic decision of introducing GE onto the internet. GE Plastics had already begun using the internet as a way to conduct business and Welch used this division as a building block for the conversion to a digital workplace. The difference between GE and so many other companies is their competitive culture and their drive to succeed. Therefore, when Welch introduced his fourth strategic initiative, embracing e-business, he expected the best from his employees, set far-reaching goals, and demanded that all of GE’s large divisions begin to develop their own website. Welch’s expectations and the scope of the fourth strategic push is what differentiate GE’s term of “e-business” from “e-commerce.” As Welch began to realize the potential the internet could have on GE’s businesses, he encouraged all the business leaders to get a mentor to help them understand this potential. He also required regular meetings of all business division heads so they can learn from what other managers experienced as well as create ideas to overcome obstacles. Since GE sees failure as unacceptable, Welch wanted to give his full support to the......

Words: 1451 - Pages: 6

Premium Essay

Case Study

...delivery business for 95 years, providing services to businesses and consumers worldwide in more than 200 countries. In 1994, UPS began to investigate the potential of e-commerce and started an internal group focused on enabling e-commerce. UPS redefined its core business and found ways to change its structure and processes, forming new businesses to take advantage of new opportunities. Products and Services UPS is in the transportation industry. They move goods, information, and funds between individuals and companies. Their operations provide delivery by land and by air, and they offer services at customer shipping centers, as well as online through UPS.com. They operate in more than 200 countries worldwide, do business in 15 different languages and dialects, and deliver an average of 13.2 million packages per day. Catalyst for Change UPS was interested in finding ways to leverage their extensive infrastructure and expertise in basic transportation of goods, services, and information. They wanted to enter new markets and continue to grow. They also wanted to undergo a more fundamental change—to transform their company into an enabler of global commerce. Vision and Strategy In 1991, the company's vision was to be "the leading package delivery company." They were able to grow significantly toward that goal, but they weren't satisfied with just that. They wanted a larger challenge for the company. In 1999, they changed their vision statement to "the enablers of global......

Words: 1740 - Pages: 7

Premium Essay

E-Commerce Advantages And Disadvantages

...E-commerce is any transaction sum shopping done online on the internet. as we know more and more application are getting online day to day in India. There is a lot of copy of websites which provides deals online to the customers. These web portals provide deals online to the customers. These web portals provide e-commerce solutions to the customers in the competitive rates then available at the malls or the shops in the locality. Since the last one decade peoples are getting attached towards e-commerce site because it provides customers direct to the manufactures removing the mediators hence at the best price. Customers are also finding e-commerce site as to get best bargains deals& snap deal is the latest success story of this type of successful...

Words: 1240 - Pages: 5