...Research Paper How has the Internet helped to lessen or eliminate barriers to international e-commerce for small businesses? AMBA 600: MBA Fundamentals Executive Summary With the birth of the Internet and the trend of globalization, small businesses are now able to reach beyond their immediate neighborhoods for both a captive market base and increased access to global manufacturers. Gone are the days when customer interactions were limited to face to face and supply resources were limited to goods purchased within driving distance of your hub. The introduction of the Internet has made our world a much smaller place to conduct business. I started an online business that primarily uses suppliers based in China and India, while our client base mostly hails from the Western hemisphere. Without the internet, we would have grossly reduced access to affordable wholesale goods and would have been limited to a local customer base to survive. It has expanded our reach far greater than we could have ever imagined. It is amazing to have customers in a country that neither of our company’s founders have ever visited. Throughout this paper, I will examine how the Internet has helped small businesses compete on a global scale through its impact on customer interactions, communication and competitor research. Creating and sustaining a company is a very rewarding, but challenging experience. The statistics are daunting; U.S. Census data reports that almost 50% of all businesses...
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...The Impact of the Internet on International Business Internet is a computer network interconnected globally and it offers inexpensive tools for business and marketing activities of organizations such as advertising, receiving and placing the orders, promoting the products and services the most important advantage is communicating with their customers all over the world. Some of these Internet tools are: e-mail, mailing list, newsgroup and World Wide Web (WWW). When analyzing the Internet's effect on the global market, it is important to remember that the Internet carries information as well as commerce. The effects of instant information can be as powerful as the ability to reach a worldwide audience. But small business still needs to carefully examine the effects of the Internet on international markets to understand whether or not an online presence is the right move. Internet is a valuable tool to reach global marketplace for an international marketing goal. If a company has website it is a success key to achieve the international market Some companies are using the Internet to make direct connections with their customers for the first time. Others are using secure Internet connections to intensify relations with some of their trading partners, and using the Internet’s reach and ubiquity to request quotes or sell off perishable stocks of goods or services by auction. Entirely new companies and business models are emerging in industries ranging from chemicals to road...
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...Abstract This paper explores the reasons why small businesses should begin to utilize the benefits of the internet and e-commerce to continue to grow their businesses. This is persuaded by the explanation of the continuous evolution of today’s society and how it is becoming more digital and mobile. The emergence of e-commerce and now e-tail has transformed the world of business and begun to make the world of buying products more convenient for customers. It is imperative that businesses begin to utilize the internet with this evolution and the benefits that come with it such as social media marketing, lower costs for the business, and other convenient benefits for the customer and owner alike. There have already been companies that have been able to succeed using the internet such as Karmaloop and Netflix. Although it is being shown that many companies are flourishing using the internet there are still some businesses that are not yet on board with this movement, which they need to soon reconsider. This paper will be used to persuade these business owners to begin to use the internet in order to help their businesses continue throughout the continuous evolution of our society. In today’s society everything has become digital. People all around the world are using cellphones, laptops, tablets, and all kinds of other new innovative technology. One of the main things that people do with these devices is shop for other products that they may want or need. This...
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...Influence of Internet and E-commerce in international business Introduction: Commencing from 20th century, enormous use of Internet was witnesses in all the fields with a major impact on international business. Although the Internet and web 2.0 serve as improving trend of economy and business, there is negligible research done to advocate their impacts on international business and marketing (Urban, 2003). The present literature review essay is an attempt to address the gap of existing literature whereby necessary recommendations can be made to improve use of technology in business. For the purpose of this essay, extant literatures in the fields of international business, technology, science, marketing and e-commerce have been studied and reviewed. Research objective: To serve the purpose of the literature review, investigation of Internet and e-commerce over international business processes is performed with the primary research objective as the consequence of Internet on international business. Research questions: In order to study research objective, a set of research questions have been devised upon which a review is presented in the following essay. The research questions devised are: • Influence of Internet in international business. • Consequences of Internet on international entrepreneurship. • Impact of web 2.0 on international business processes. • Influence of e-commerce in international business Literature...
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...Advantages of Internet Promotion The emergence of globalise trade, increase in foreign investment and cross-border transactions have put many small businesses under pressure to find innovative ways to continue to market their products and services. This is especially difficult given that they often operate on tight marketing budgets. In the quest for cheap marketing alternatives, these small businesses continue to use conventional marketing tools such as newspaper, magazine, radio and television advertisements, unaware of the advantages that Internet Promotion offers. All too often, these entrepreneurs focus on the disadvantages of Internet Promotion and fail to adequately take advantage of the opportunities that it presents. Moreover, their preoccupation with conventional marketing strategies is driven by a misconception that these are cheaper than Internet Promotion. (article continues below...) To most small business entrepreneurs, marketing or promoting their products or services via the Internet can be a daunting task. However, with adequate information small businesses can benefit significantly from Internet Promotion while minimising the disadvantages that it presents. In fact, it may prove to be the marketing strategy that generates the highest return on investment. Advantages of Internet Promotion Cost Effective and Enduring Marketing Strategies The Internet has become the information superhighway for the buying public. Most persons prefer the hassle free transactions...
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...Small business network management: just another job or an exciting career? Managing a small business network can be tough work, but it is a fun and exciting career, than provides endless opportunities for learning new technologies and ideas. Although this is a good career choice, there are many times where this job can be frustrating and tough. The frustrating times come when mission critical equipment fails, or a configuration file gets corrupted. First I will talk about the equipment needed to make a small business network function, with minimal errors. Next I will explain the pros and cons to managing a small business network. Lastly I will talk about what I recommend for a small business network. To start the body off, I will be explaining what equipment is needed to start a small business network. First we have our routers and switches. Routers perform many functions, one of which is serving as a firewall. Computers have tens of thousands of ports, or "doors" as this essay will refer to them as. Without a firewall, all the doors on the computer are unlocked and available for anyone to use. Anyone could be your brother sending an email, or hacker from Indonesia using your computer to send SPAM. Firewall's will recognize all the doors your computer isn't using and lock them, so no one can use the doors, unless you know the password for the firewall. Routers also have various other functions, which may or may not be used by businesses; it all depends on your application....
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...Managing a small business network can be tough work, but it is a fun and exciting career, than provides endless opportunities for learning new technologies and ideas. Although this is a good career choice, there are many times where this job can be frustrating and tough. The frustrating times come when mission critical equipment fails, or a configuration file gets corrupted. First I will talk about the equipment needed to make a small business network function, with minimal errors. Next I will explain the pros and cons to managing a small business network. Lastly I will talk about what I recommend for a small business network. To start the body off, I will be explaining what equipment is needed to start a small business network. First we have our routers and switches. Routers perform many functions, one of which is serving as a firewall. Computers have tens of thousands of ports, or "doors" as this essay will refer to them as. Without a firewall, all the doors on the computer are unlocked and available for anyone to use. Anyone could be your brother sending an email, or hacker from Indonesia using your computer to send SPAM. Firewall's will recognize all the doors your computer isn't using and lock them, so no one can use the doors, unless you know the password for the firewall. Routers also have various other functions, which may or may not be used by businesses; it all depends on your application. Switches take one internet connection and split it into many connections. Fore...
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...The Business Environment Week 4: Assignment 1 Jeffrey P. Moore Introduction To Business BUS 100 Dr.Matt Keogh July 29, 2012 The American President stated in his speech on May 13, 2010, “So, America’s small business owners -- people like Dave Sullivan -- have always been the backbone of America’s economy” (Obama, 2010). In today’s economy that is seeing all time lows, this statement has never been truer. As we move forward, the impact that small businesses are going to have will become more important in maintaining the economy of the United States and, eventually, in the world. From the many small shops on Main Street to the dot com startups, America’s small businesses have become America’s economic engine and one of the country’s greatest assets. Small businesses have been responsible for creating 2 out of every 3 new jobs. When American small businesses are strong and thriving, the surrounding communities are strong and growing. From the time President Obama stepped into office, he has invested and encouraged the small business owners so they can do what they do best and that is create jobs and economy. Small business is responsible for a huge percent of the businesses that are available to provide needed services to customers and are there for profit; however, they are not the only available resource for certain services. In today’s economy, there are many nonprofit organizations that can provide needed services to the public for much less or at no charge...
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...Journal of Internet Banking and Commerce An open access Internet journal (http://www.arraydev.com/commerce/jibc/) Journal of Internet Banking and Commerce, December 2007, vol. 12, no.3 (http://www.arraydev.com/commerce/jibc/) ICT Adoption in Malaysian SMEs from Services Sectors: Preliminary Findings Alam, S. S., Senior Lecturer, Faculty of Business Management, MARA University of Technology, Shah Alam, Selangor, Malaysia E-mail: syedshah@salam.uitm.edu.my Dr. Syed Shah Alam is a Senior Lecturer in the Faculty of Business Management at MARA University of Technology, Shah Alam, Selangor Malaysia. He holds a B.Com (Marketing), M.Com (Triple) Marketing, Finance and Banking and Management, Ph.D. in E-Commerce. His research interest includes Mobile E-commerce, E-business, Ecommerce and online trust. Mst. Nilufar Ahsan, Research Fellow, Faculty of Business & Law, Multimedia University, 75450 Melaka, Malaysia E-mail: nilu-far70@yahoo.com Mst Nilufar Ahsan holds a B.Com (Management), and M.Com in Management. Her research interest includes organizational behaviour, and ICT management area. She is currently a doctoral candidate in the Faculty of Business and Law, Multimedia University, Melaka Malaysia. Abstract The purpose of this research was to investigate the extent to which small and medium size businesses in the southern region in Malaysia are prepared for ICT adoption. Most of the businesses have now accepted ICT as an important tool to increase its business in the domestic...
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...m Small Business Network Plan Gareth McCartney CIS – 175: Introduction to Networking Assignment 6 August 29th 2010 When designing and building a small business network we must consider the fact that small businesses generally lack the support associated with corporate IT offices. Therefore small business networks should ideally be straightforward and easy to manage. Since the needs of organizations vary, complications will always arise if we attempt to use a generic plan. The main principle we should use in creating this plan is to “follow the simplest approach to achieve the desired result” (Breeding, 2010). Our goal is the create the best possible network with the greatest functionality while maintaining the lowest possible cost. Typically a small business network would consist of around twenty four computers, possibly two servers, a network printer and access to other networks and/or the internet. However for this paper we will limit this network to two workstations one quality printer Internet access multiple email addresses. In most situations, the available finances to connect machines together to share files, printers and internet is limited. Therefore we should consider the cost of acquiring and setting up network adapters, hubs and other network devices such as gateways. An important factor that should be considered is the available options for connecting to the internet. Most areas of the United States have access to dial-up...
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...The effect of E-marketing on the marketing performance of Small Business Enterprise: A comparative study between Egypt and the UK. HATEM EL-GOHARY Bradford University School of Management School address : EMM Lane, Bradford, West Yorkshire BD9 4JL, UK. Mailing address : 24 Laisteridge Lane, Bradford, BD7 1QT, West Yorkshire, UK. Telephone : +44 (0)7878470306 Fax : +44 (0)1274 546866 Email : h.o.a.elgohary@bradford.ac.uk elgohary70@yahoo.com Supervisor name : Dr. Myfanwy Trueman Supervisor e-mail : M.Trueman@Bradford.ac.uk 16th EDAMBA Summer Academy Soreze, France July 2007 Abstract:- Small Business Enterprises (SBE's) play a major role in the world economy, and their contribution to economic and employment growth is widely recognized. Based on the SBE role as an economic engine to drive global development, this research seeks to understand the practices and activities of these enterprises in terms of electronic marketing (Achieving marketing objectives and functions through the use of electronic communication technology), marketing performance and the effectiveness of industrial and trade SBE’s. In order to do this a comparative study is made between SBE’s in Egypt (developing) and the UK (developed). The main aim of this work is to identify links between the conceptual framework and empirical analysis...
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...The Analysis of Business Decision for the Development Basic of Community Entrepreneurial Training Model at Tenun Ikat Craft Center Bandar Kidul Kediri Hariyono Doctorate Student of Economic Education Universitas Negeri Malang, Indonesia Jl.KH Wakhid Hashim Gg Va No. 17 Kediri. Email: hariyono.org@gmail.com Abstract: Small and micro business becomes one of important parts of the economy of a country. Thus, in order to face the globalization challenges and the economic crisis, it is necessary to study the role of small and medium scale enterprises in supporting the economy sector. One of small industries that plays a role in economic growth and able to survive the turmoil of the crisis is "Tenun Ikat Bandar Center", at Bandar Kidul village, District of Mojoroto Kediri. The goal is to analyze the results of a preliminary study on people's behavior in taking business decisions as a development basis model of the society entrepreneurial training. The approach used is a direct survey on the artisans, weavers and surrounded community, using in-depth interviews instrument on the community’s behavior in conducting their business, internal and external aspects which affect Bandar craftsmen to survive, and make business decisions. Based on the results from preliminary survey, it gained about Tenun Ikat craftsmen and workers’ motivation, self-employed business decisions and internal and external aspects. There should be an effort to raise SME artisans Tenun Ikat Bandar as potential...
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...Chapter: 07 Telecommunications, The Internet and Wireless Technology 1. Question: What are the principal components of telecommunications networks and key networking technologies? Answer: The principal components of telecommunications networks: Telecommunications are the means of electronic transmission of information over distances. The information may be in the form of voice telephone calls, data, text, images, or video. Today, telecommunications are used to organize more or less remote computer systems into telecommunications networks. These networks themselves are run by computers. A telecommunications network is an arrangement of computing and telecommunications resources for communication of information between distant locations. A telecommunications network includes the following components: Figure: principal components of a simple computer network 1. Computer: Computers that process information and are interconnected by the network 2. Network Interface: Each computer on the network contains a network interface device called a network interface card (NIC). 3. A Connection medium: The connection medium for linking network components can be a telephone wire, Coaxial cable or radio signal in the case of cell phone and wireless local area networks. 4. Network operating System software: The network operating system (NOS) routes and manages communications on the network and coordinates network resources. ...
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...Business 210 SWOT Analysis Danielle Jones October 10,2010 JavaNet Internet Café is the first of its kind located in Eugene, Oregon. The goal of the company is to broaden the community’s accessibility to affordable Internet through social interaction and entertainment. JavaNet is the creation of University of Oregon graduate Cale Bruckner. Cale has business degrees in both Marketing and Management. His level of expertise also includes product development, product marketing, team management, resource allocation, human resources management, and business content development. Cale wrote the business plan for JavaNet Internet Café in 1995 and is currently the vice president of Product Development for Palo Alto Software Incorporated. Cale incorporated JavaNet as an LLC and has three outside investors Luke Walsh, Doug Wilson, and John Underwood. The goal of business plan for the company is to sustain the company through the first three years of operation. Financing and personal investment will allow the company to open and fully operate the first year in business. Profits from acquiring a high scale Internet café will allow JavaNet to be self-supported in year two. In year three, the customer base for the company should be strong enough to distinguish from ordinary coffee houses increasing its popularity while making this a thriving profitable business. The business plan provides full detail of inception to execution of the business and the strategies for executing the business...
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...Why does your small business need a website? According to the Small Business Administration, there are over 17 million small businesses in the United States, with over 100,000 new businesses starting every month (Small Business Administration). These days most consumers research the products and companies that interest them on the internet. The only exception is those companies that have been established for generations but they always have websites. So, just to make it as a small business in this competitive marketplace, your company absolutely needs an online presence to tell existing and new clients about who you are and what you do. All sorts of products and services are brought online. Consumers are buying car insurance, flights, vacations, books, cd’s, etc. Regardless of what your annual revenue is, you’re placing you’re placing your company in jeopardy if you have not yet made a serious commitment to your presence on the internet. The internet is no longer something we can just dabble in. It’s not a web site which is thrown up when you have the time or a couple of thousand bucks thrown at a paid search campaign we neither understand nor analyze. Particularly now with the economy slowing down what you don’t know about the internet can devastate your business. What you don’t know about the internet is actually costing your business, and more than just money. Statistics show that businesses not participating in various online marketing and advertising methods are losing...
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