...I work as a trainee for E-Solutions a recently established local company specialising in E-Commerce consultancy and in design implementation and hosting of E-Commerce websites for small local businesses. E Solutions has a potential new client a clothes manufacturing business called Trends which is considering an E-Commerce website. I have been asked to meet with the managing directors at Trends to explain the benefits and drawbacks of an E-commerce website. The benefits of introducing an E-Commerce system to the organisation of Trends clothing would be a huge benefit to their business. The reason is because it will give the company additional source of revenue via a marketing and distribution channel. They would have fewer overheads like no expansive or employee costs, phone, insurance power or any other bills that they would deal with on a regular basis. For Trends clothing company having an E-Commerce business it would be open 24 hours a day seven days a week. Having the website there customers don’t have to travel long distances no more to get to their store as the E-Commerce will allow them to visit the store with just a few clicks away. With being online your store will be global and anyone with an internet connection can visit your store. They can sell to customers from anywhere around the world no matter what their time zone is that they live in. The customer can also locate the product a lot quicker and there is no pushing a trolley about to get up to the checkout...
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...GLOBALCHALLENGEECOMMERCE Global Challenges 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...
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...other computer networks. The most popular medium in which e-Commerce is conducted is the internet. It combines a range of process such as: Electronic Data Interchange (EDI) Electronic mail (E-mail) World Wide Web (WWW) Internet Applications Network Applications It does not include transactions over telephone, fax or any payments made online for transactions whose terms were negotiated offline or by physical means. Some common applications related to electronic commerce are the following: Email Enterprise content management Instant messaging Newsgroups Online shopping and order tracking Online banking Online office suites Domestic and international payment systems Shopping cart software Teleconferencing Electronic tickets Why e-Commerce for Bangladesh With the increasing diffusion of ICTs, more specifically the Internet, the global business community is rapidly moving towards Business-to-Business (B2B) e-Commerce. The buyers/ importers gain a clear advantage when the Internet gives them access to the global market, by which they can compare prices across regions, find out whether prices vary by order fragmentation, get awareness about substitute/ alternative products. Consequently, the sellers/ exporters make sure that they are well portrayed in the cyber world through websites and portals. Like buyers, sellers also benefit from increased and more efficient access to the global market through the Internet. Bangladesh is pursuing an economic...
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...eBay Goes on a Shopping Spree Introduction The author provides a case analysis of the eBay shopping spree assigned reading in the E-commerce: Business, Technology and Society textbook. The purpose of the research is to explain whether or not making so many acquisitions is a risky proposition. Additionally, the author will argue why eBay can successfully compete with its top three competitors. Finally, the researcher will explain why eBay is the perfect model for the integration of all the aspects of e-commerce. Questions Question #1: Explain whether or not you think making so many acquisitions is a risky proposition and why? The acquisitions are risky but support the eBay overall open source commerce platform called X.commerce. Therefore, the acquisitions are warranted as a calculated risk which enables merchants to more easily integrate online and offline commerce efforts (Laudon & Traver, 2012). Specifically, the acquisitions of RedLaser and Milo allow eBay to build services to help sellers offer goods locally, both online or through a mobile device, providing them with another channel for product distribution (eBay Annual Report, 2012). RedLaser allows consumers to scan barcodes in order to find the goods they are looking for in a variety of locations, both online and offline, while Milo enables local inventory to be viewed online or on a mobile device. The eBay acquisition strategy shows a strong commitment of connecting local retailers with shoppers. The...
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...Business Transaction 5 Dimensions of e-Commerce 5 Business-to-Consumer (B2C) 5 Business-2-Government (B2G) 6 Consumer-to-Consumer (C2C) 6 E-Commerce in different sectors in Bangladesh 6 Overview of Implementation of e-Commerce in Bangladesh 6 Some e-Commerce site in Bangladesh 7 Benefits of E-Commerce 7 Challenges of E-Commerce for Bangladesh 8 Constraints to E-Commerce of Bangladesh 8 Recommendations 9 Conclusion 10 Overview E-commerce is becoming popular in Bangladesh. With better access, coverage and an ever-growing internet population, the prospect for e-Commerce is bright. There are also challenges. A discussion on the pros and cons of e-commerce in Bangladesh is a timely debate. E-Commerce is more than just purchasing and offering things over the Internet like through Bikory and OLXbd. E-commerce is a wider term encompassing electronic trade of business; and information between computers of two or more organizations. The innovative objective of e-Commerce is to coordinate businesses and government agencies, with the capability to correspond with each other through any computer platform. Ecommerce refers to the buying and selling of products or services over electronic systems through Internet and other computer networks. The most popular medium in which e-commerce is conducted is the internet. It combines a range of process such as: * Electronic Data Interchange (EDI) * Electronic mail (E-mail) * World Wide Web (WWW) * Internet...
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...ASSIGNMENT ON E-COMMERCE IN BANGLADESH Submitted To: Submitted by: Table of Contents Ecommerce .....................................................................................3 History of E-Commerce....................................................................3 Why e-Commerce for Bangladesh……………………………………………….4 Traditional and Electronics Business Transaction ............................5 Traditional Commerce vs e-Commerce............................................3 Dimensions of E-Commerce .............................................................6 Business to consumer(B2C) ..................................................7 Business to Business (B2B) ...................................................7 Business to Government(B2G) ..............................................7 Benefits of E-Commerce ...................................................................7 e-Commerce in Different Sector in Bangladesh ................................8 Overview of implementation stage of e-Commerce in Bangladesh 8 Some e-Commerce shop in Bangladesh ............................................9 The impact of e-Commerce ...............................................................9 Constraints to E-Commerce in Bangladesh......................................10 Challenges of E-commerce for Bangladesh......................................11 Recommendations………………………………………………………………………11 Conclusion........
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...E-COMMERCE By Name A Paper Presented in Partial Fulfillment Of the Requirements of INFS-732: Electronic Commerce Abstract The purpose of this paper is to provide descriptive evidence supporting Kenneth C. Laudon and Carol Guercio Traver’s concept that e-commerce is a relationship between business, technology, and society. This paper will also examine the idea that e-commerce is creating new markets in three distinct areas: where prices are transparent, markets are global, and trading is highly efficient. The findings analyzed in this paper will assist in determining whether these concepts are pushing the markets or if the markets are pulling these concepts. TABLE OF CONTENTS Abstract ii TABLE OF CONTENTS iii INTRODUCTION 1 types of e-commerce 1 concept of e-commerce 1 e-commerce MARKETS 1 CONCLUSION 3 References 3 INTRODUCTION In their book titled E-Commerce: Business, Technology, Society, Kenneth C. Laudon and Carol Guercio Traver define e-commerce as “the use of the Internet and the Web to transact business. More formally, digitally enabled commercial transactions between and among organizations and individuals.” There are many benefits to an e-commerce enabled business, and EcommerceEducation.com lists some of the more distinct advantages as the following: * Business happens without regard to time and distance * Allows sellers to reach buyers around the world * Lower total cost per sale for the seller * Better purchasing decisions...
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...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 e-commerce models...
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...E-Commerce Global System Challenges IT-500-02: Critical Concepts and Competencies for the IT Professional Professor Dawn Giannoni, PhD Date Submitted: Feb/05/2012 Table of Contents Abstract3 Introduction4 Cultural Challenges4 Language Challenges5 Time and Distance Challenges5 Infrastructure Challenges5 Currency Challenges6 State, Regional, and National Law Challenges6 Conclusion 6 References7 Abstract This paper defines how the Information Technology is important in the current world of E-Commerce. It has changed the business style from old traditional method to E-Commerce. Many companies have found out the hard way that successful e-commerce requires more than a flashy web presence. Despite of latest technology and law, still there are number of challenges associated with E-Commerce implementation. Many of such challenges like Cultural, Language, Time and distance, Infrastructure, Currency & State, regional, and national law are discussed and addressed by Stair & Reynolds (Stair & Reynolds, 2011). This paper gives directions on how processes may be reengineered with this aim. Introduction There is a historic parallel for the current limited success of e-commerce. The first wide-scale introductions of IT in the business place focused on the improvement of isolated parts of business operations. E-Commerce basically began (although debated) in 1994 when Jeff Bezos started Amazon.com out of his own garage. Since...
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...Greenwich School of Management / plymouth university | E- Commerce | PC303 | | Sonny Tella Leshie : SN/129122 | | | Table of Contents 1.0 Executive Summary 2 2.0 Introduction 2 2.0 E-Commerce 3 3.1 Benefits of E-Commerce 3 3.2 Limitations of E-Commerce 4 4.0 Features of E-Commerce 4 4.1 Ubiquity 5 4.2 Global Reach 5 4.3 Universal Standards 6 4.4 Richness 6 4.5 Interactivity 7 4.6 Information Density 7 4.7 Personalisation/Customisation 7 4.8 Social Technology 8 5.0 Privacy and Security Issues 9 5.2 Security 9 6.0 Ethical Factors 10 6.1 Privacy 10 7.0 Recommendations 11 8.0 Conclusion 11 9.0 Bibliography 11 Appendix 13 1.0 13 2.0 14 3.0 15 4.0 16 5.0 17 1.0 Executive Summary This is a report of a critical review of the E-Commerce website of “Alfasud Parts Online”. The report will look at the general role of e-commerce in contemporary business and the advantages or otherwise for Alfasud. A critical analysis of the implementation of the unique features of E-Commerce shall be undertaken and their business significance for the company will be evaluated. This report will evaluate the security provisions on the e-commerce website and the employed technologies and methods for ensuring security and privacy. An evaluation of necessary ethical considerations and others issues arising on the website will also be conducted. The report will draw conclusions and make recommendations to the board...
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...Business Studies E-Commerce For first teaching from September 2009 For first award in Summer 2011 GCSE E -Commerce At the end of this unit students should be able to: Explain what is meant by e-commerce and e-business; Analyse the advantages of e-commerce for customers and businesses; Analyse the disadvantages of e-commerce for customers and businesses; and Discuss how e-commerce supports international business. Setting the scene: Amazon.com was founded in Seattle, Washington by Jeff Bezos in 1994, and was officially launched in 1995. It started out as an online bookstore but quickly diversified by adding other items, such as DVDs, music CDs, software, video games, electronics, MP3s, clothing, furniture, toys and even food items. Amazon.com grew rapidly throughout the late 90’s, and managed to survive what became known as the dot com crash. Amazon.com has become one of the world’s largest on-line retailers with almost 25,000 employees and global sales in excess of $24 billion per year. The company continues to go from strength and is currently the UK favourite on-line retailer and third favourite retailer overall. The impact of ICT on business Developments in information and communications technology have fundamentally changed the way businesses sell and distribute their goods and services. New technology such as the internet and broadband has opened up a whole new world of opportunities for business. The amount of trade conducted electronically has grown dramatically...
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...“E-commerce in tourism” Anton Hörl Student No. 1210430081 Research Methodologies IMTE-B2012 Research Methodologies: Essay Hypothesis: “E-commerce will play a big role in future tourism” Introduction Tourism is in permanent change with the technical progress. The main object which changed tourism and in the same way the whole world is the Internet. The Internet changed booking habits and information gathering in tourism immensely. After years of evolution the Internet developed from stiff websites into a global, interactive, costumer participating Network. Many vacations are getting booked via Internet. It became a modern marketplace, a digital shopping Centre. The Electronic commerce structure developed. Shopping via Internet turned out into a every day life task. E-commerce sales reached the 1 trillion dollar mark in sales in 2012. (E-marketer, (2012) After the launch of the model company of E-commerce websites, which programmed a former Apple employee “Though Pierre” in 1995, many more companies followed EBay’s footprints into this branch, like Amazon, Zalando or Redcoon. (About.com, 2013), And it got not only a big topic for buying contestable products, the costumer can purchase also a great variety of services in the Internet, among other things, tourism products. E-commerce is a market with exceptional growth in global revenues, especially in the travel segment. But will E-commerce continue to grow and how will it develop in tourism? This leads...
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...In the history of the development of e-commerce, innovations such as WWW and Internet are seen at the heart of understanding the subject. Over the past twenty years Internet has become the lifeline of any business. Current trends show that the use of Internet, smart phones and the confidence of the people in using their cards online are growing exponentially. Experts such as AMR research, Jupiter Media, Emarketer.com predict a promising and glorious future for the e-commerce in the 21st century. The total volume of e-commerce has been growing by 15 to 25 percent every year and will continue to grow. However, there are challenges for e-commerce to grow in future, it will grow but the growth will vary from country to country and affect the online market at various time periods and the main question is how fast will it grow and what will be the scope of its growth in the future 5 years. These are the main questions that will be addressed in this essay, which will focus on three interrelated broad themes that e-commerce involve: society, business and technology. It is a period of reinvention involving the extension of Internet technologies, and the discovery of new business models based on consumer-generated content and social networking. While a variety of definitions of the term e-commerce have been suggested this essay will use the term suggested by Cabinet Office in 1999: ‘E-commerce is the exchange of information across electronic networks, at any stage in the supply chain...
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...CHAPTER 1: INTRODUCTION 1.1 Background Of Study E-Commerce is one of the very concepts growing in the internet world. Use of this system can actually benefit many parties such as consumer, manufacturer or the retailer. The concept of online shopping provides many facilities and advantages compared with the conventional concept of shopping. A part transaction process can be faster, the internet has provided nearly all goods usually sold complete. Nowadays, the development in Information Technology is rapidly growth. Information technology has proven capable of integrating every detail of information that previously seemed impossible was achieved, as the speed of information, efficiency and effectiveness. Information technology is widely used as a website for selling product online, where the product can be accessed throughout the world. Accordingly, the development of information technology through the concept of e-commerce has changed the business environment more conducive to force us to dominate the field more quickly. Rapid development in information technology, especially in the development of the Internet has led to the extensive use of electronic in the daily business such as e-commerce, e-government and e-commerce as well. E-mail and the internet site are the most important component of e-commerce. While the growing importance of the Web 2.0 and the effects on consumers and organisations are issues frequently making headlines and increasingly attracting academic...
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...Alberto Calero Part A – e-Commerce in China vs USA 1. Overall, what are some key opportunities and challenges (obstacles) that confront ecommerce in China? How are these challenges similar / different from those confronting e-commerce in the US (or other countries that you are more familiar with)? Some of the key opportunities of e-commerce in China are: The internet penetration rate in China is growing at a much faster rate as compared to other countries. 25.5% users in China have engaged in e-commerce, while in US 71% has done so. This represents an enormous opportunity for e-commerce services, given that there is room for growth in China. The market is China is still in the beginning of its growth stage. The manufacturing prowess of china provides an excellent complement to the ecommerce market. Online shopping market has grown 64.1% over last year to $1.5 Billion. Online B2B market is valued at 65.7 B 69.8% yearly growth. With these accelerated growth rates, the e-commerce market will developed very quickly, players need to be aware of the stage of e-commerce in China and address the market accordignly. Small and medium sized enterprises (SMEs) contribute to 68.8% of nation gross industrial output. Only 28% of SMEs utilised third-party B2B e-commerce platform. The government has a plan to increase it to 80% by 2012. Given this, the projected demand for e-commerce is known. In addition , players also known which type of businesses are using e-commerce. They can design strategies...
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