Advantage And Disadvantage Of E-Commerce

The online shopping trend is becoming increasingly popular. People nowadays can get everything they need online, such as clothes, books, groceries, etc. Online shopping is a new type of technology trend that people are getting addicted to because it makes people’s life easier and saves them time. Shoppers can visit web stores from the comfort of their own home and shop while they are sitting in front of their computer. Many online shoppers do not have to waste time on shopping anymore.

The reason is rapid changes in the technology. If any organization is not compatible with the changes it will be very difficult to survive. It is established fact that e-commerce is the demand of the time and in near future that ignores this fact will be in loss even out of the competition. Now organizations are taking e-commerce as competitive advantage. Here question arises who is most responsible person to deal with this challenge? Simply the answer is leaders of organizations who give the direction and manage whole scenarios. So there is need to find what difference between leaders is who adopts changes and who don’t. It will help to find reasons which make the difference. I found gape in literature on this topic.

I picked this topic due to we are now in the digital age and e-commerce is becoming one of the most used tools globally to shop from your own home. It is the future of how businesses will expand while going online, & I wanted to explore the advantages and disadvantages that could affect the business.

An information system is a system that can be manual or computerized. In information system, there has a computer-based information system which mean a single set of hardware, software, telecommunications, databases, people and procedures that are involve organizing activity to collect, manipulate, store and process a data into information. Electronic commerce or e-commerce is one of the types of computer-based information system. Electronic commerce involve all types of business activity and organizing of business activities such as selling, buying, distribution, marketing and servicing of the products or services in electronically via the computer networks. Besides that, electronic commerce also includes any business transaction

Sending gifts to relatives and friends is simple, regardless of where they are. Presently, there is no compelling reason to make distance as an excuse for not sending a present on events like birthdays, weddings, anniversaries, Valentine's Day, Mother's Day, Father's Day, and so on.

Abstract—M-commerce is a new dimension or extension of e-Commerce that is performed by mobile devices and Personal Digital Assistants (PDA) using mobile network. As a great number of mobile users are increasing dramatically the prospect of M-commerce are also increasing day to day. There are a great prospects and challenges to expand the business in developing countries like Bangladesh. In this research I collected data’s from various stakeholders through web and phone call those are in top line of M-commerce business, studied and identified the problem and major barriers of M-commerce and suggested a methodological frame work.

1. I decided to look at three sites River Island, bohoo.com and schuch.ie to shop for a pair of shoes. Although shopping online is quick and easy and can be done twenty four seven it offers a different experience than shopping on the high street. There is zero human interaction and doesn't allow you to view the product and judge the quality. Shopping online offers a lot of advantages as you have more options online like in some cases online exclusives, items you can only get online, it is quick and easy to compare products from different stores which allows you to get the best price and can be used to get something you've seen in store in the right size or colour. Although It can also leave you at a disadvantage as far as clothing goes as your

However, this stage model is oversimplified. Target audiences, such as IT managers, CIO and CEO, can not know in detail when they are able to move to the next stage, which conditions should be satisfied to go forward and which barriers they might face in their movement. Mehrtens et al (2001) stresses that there are three important factors, which can influence SMEs ' decision making in internet adoption, including "perceived benefits", "organisational readiness" and "external pressures". When companies are aware of current benefits

Small and medium-sized enterprise organization structure is simple, less management level, is advantageous for the adjustment and management and not be restricted by the inherent corporate culture, to quickly carry out new marketing concept, to make it easier to strengthen the internal and external coordination ability, and can make decisions quickly in a short time, flexible to deal with the problem. Than large enterprises operating flexibility, strong adaptability to market competitive advantage, and easier to operate on the business model reform. On the small and medium-sized enterprises in e-commerce business strategy must be analyzed from the following aspects:

Electronic Commerce or e-commerce refers to a wide range of online business activities for products and services(Rosen, 2000). E-commerce (or electronic commerce) is defined as the buying and selling of goods and services conducted over electronic systems such as the Internet and other computer networks. Electronic commerce draws on technologies such as mobile commerce, electronic funds transfer, supply chain management, Internet marketing, online transaction processing, electronic data interchange (EDI), inventory management systems and automated data collection systems. (Anon, n.d.). It also refers to any type of business transaction where the parties interact electronically rather than

E-commerce can be traced all the way back to the invention of the first computers in 1950. During the early stages many organizations didn’t have access to electronic data interchange due to it being relatively expense. In order for organizations to attain a competitive advantage, compete within their respective industry, or market, e-commerce needs to be implemented within the core business practice. As stated by Smith (2011), “E-commerce is now being utilized in all facets of business, including manufacturing companies, retail

Over the years, E-commerce (Electronic Commerce) has brought lot of changes in the business world. It refers to the buying and selling of goods and services without using any paper documents to the customers through electronic medium (investorwords.com, 2016). The E-commerce was introduced on 1970s as a transfer of funds. The development of e-commerce was fast over the countries since 2000. E-commerce is considered to be one of the ways of increasing profits in firms. Small and medium-sized enterprises (SMEs) are determined by staff headcount and either turnover or balance sheet total (Ec.europa.eu, 2016). SMEs have been contributing to the more economic growth and job creation (forbes.com, 2015) .SMEs has experienced significant changes in business when they adapted to e-commerce. This essay will go through the relationship between e-commerce and small-medium sized organization, changes and development E-Commerce has brought to the world of SMEs.

In 1969, Internet began life in the US and mainly used by government and its departments, researchers and scientists. In 1990s, the World Wide Web came into existence and that is when e-commerce was coined. From then until today, e-commerce has seen both success as well as failures (Turban, King, McKay, Marshall, & Viehland, 2008). The failure was mainly because the e-commerce field was going through consolidations and organizations were trying different models and structures (Turban, King, McKay, Marshall, & Viehland, 2008). The other reason was giants like Amazon were working on expanding their operations and generating increased sales. However, the future looks bright for e-commerce and the usefulness is starting to materialize. As e-commerce expands, these benefits will increase significantly. E-Commerce offers benefits to business organizations, individuals and the society (Turban, King, McKay, Marshall, & Viehland, 2008).

o less affluent people can buy more and increase standard of living (questionable says WTGR)

In today’s global economy, E-commerce has created a very cost effective way of reaching out to the customers. In this assignment, a clear description of ecommerce opportunities, strengths, technological advancement and how e-commerce is helping out businesses are briefly explained. The role of ecommerce is studied by an e commerce business Souq.com.