Ict and Ebusiness Retail Industry

The current economy has hurt many retail businesses. Every month another retail giant closes its doors. Retail stores which we never would have imagined have gone bankrupt. Retail sales have declined greatly. Major cause of this declination is because many people are unemployed and cannot afford to purchase anything. Retailers are forced to discount prices to increase sales, but discounting still hurts margins. Retailers are assuming a very

COMBE, C. ( 2006). Introduction to e-business : management and strategy. Amsterdam ; Boston: Butterworth-Heinemann.

Within the retail environment there has also been many changes which have had a knock on effect with the economy. The two many factors which need to be consider would be stock levels and reordering of stock.

Products have short-life cycles, and success depends on the fact that what is flashy and "hot" will sell

Online business using the internet has experienced significant growth over the last two decades. According to the Internet World Stats (2014) the number of worldwide internet

Whether e-business is economically harmful or beneficial to businesses has always been a controversial topic. Despite the trend of traditional companies turning their businesses into e-business is uprising, some still tend to not modifying their models. Does it indicate that e-business is more of an economic disadvantage to businesses than it is an advantage? We will have a better look into both sides in this essay.

Shops are capable of being placed into three categories to separate and even differentiate them by how they trade, the first being ‘Bricks’. These shops/businesses have no other way of trading other than customer facing outlets requiring physical transaction of products. Businesses that would be categorized as ‘Bricks’ would usually be small retailers such as local grocery stores and small local restaurant’s.

This assignment examines the e-business strategies implemented in Strada Cafe – An Italian gourmet chain owned by Tragus group. Strada - A concept spawned in 2000 grew up to 30 odd chain restaurants before it changed hands, which was further expanded to nothing less than 55 restaurants. It grew up in a steady phase with the aim of establishing itself as a combination of ethnic Italian dining combined with the power of today’s technology. Tragus group ltd. established Strada as a chain of contemporary Italian restaurant serving high standard simple food. The food quality is maintained with fresh food made from finest ingredients. Now Strada has spread all over the country with more than 70 restaurants attracting customers

This literature review will explore the connection between technology and business. It will focus on the digital environment and the usage of the internet in marketing and selling products or services online. The sources used include secondary data, from a variety of sources

Laudon, K. C. & Traver, C. G. (2012) E-commerce 2012: Business, Technology, Society, 8th Ed., Int'l Ed.: Pearson England ISBN 978-0-13-801881-8

Because of globalization, today where clients are looking up for partners rather than suppliers so that they can help them to become more competitive and win more business, e-business is becoming an important issue. E-business will help them in decrease in transaction costs as there will be efficiency in the approval process. Even the purchasing department will become more effective and at the same time it will help in strengthening the partnerships.

Despite the dot.com collapse, there remains a strong belief that e-business – with its resurgent potential for creating new transactional opportunities between firms, suppliers, complementary product/service providers and customers – will ultimately contribute significantly to the future performance of many established firms. A number of impressive examples come to mind: Tesco in the UK, Otto Versand in Germany, and Dell Computers and Cisco Systems in the US.1 For organizations such as these, e-business is more than a tool but part of a deeply held strategic disposition that enables them to outperform the competition.2 Yet, in spite of these high-profile success stories many other similarly situated firms have failed to duplicate these

The internet has transformed many organisations be it big or small, creating many positive and negative impacts for the business. This essay will list and discuss the advantages and disadvantages for an organisation using e-business to carry out their own business activities. Throughout this I am going to evaluate both of these aspects.

I am very thankful to everyone who all supported me, for I have completed my assignment on Internet and E business effectively and moreover on time. I am equally grateful to my teacher Mrs Fayza Firoz. She gave me moral support and guided me in different matters regarding the topic. She had been very kind and patient while suggesting me the outlines of this assignment and correcting my doubts. I thank her for her overall supports.

There is so much arguing about how does the internet changed normal businesses into something more complicated, E-business is defined as the use of the internet or any network to empower any business process and support the core activities such as, advertising, customer’s services, electronic commerce, organization collaboration and communication with suppliers, customers and maybe stakeholders (Colin, 2012).