Problems of E-Commerce

On January 2014, Michaels an art and craft retailer and its subsidiary Aaron Brothers, revealed that costumer information database consist of payment card number and expiration date been compromised. Costumer using credit or debit card at Michaels in between May 8, 2013 to Jan 27, 2014 compromised 2.6 million cards and at Aaron Brothers in between June 26, 1013 to Feb 27, 2014 been compromised 400,000 cards. The company committed to work with other parties to improve security of payment card transaction for all consumers.

Electronic commerce, commonly written as e-commerce is buying and selling of products and services by businesses and consumers over the Internet. 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. Consumers take advantage of lower prices offer by wholesalers retailing their products. This trend is set to strengthen as web sites address consumer security and privacy concerns. Due to the popularity of e-commerce there is a tremendous increase exchange of goods and services both regionally and globally. Now-a-daysit has become the virtual main street of the world. This online business refers to the E-commerce which is recently moved in to developing countries like India. Today, e-commerce has grown into a huge industry. This paper is outcome of a review of various research studies carried out on E-commerce. The present study has been undertaken to analyze the present trends of e-commerce in India & examine the challenges & opportunities of e-commerce in India. Keywords: E-commerce, recent trends, opportunities and challenges

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

Over the past years internet and web technologies have reshape the business world. Electronic Commerce change the way businesses conduct business; how its process is implemented, and complemented to achieve the structures of an altered industry shifting the power of corporation, suppliers, and customers. Throughout the industry companies have to evaluate opportunities and threats that are present, even though there are many companies in existence that were created before the e-business explosion. Large and mature corporation found it difficult to adopt to the e-business trend.

1) (This is a report so it may be a little longer and have more cites, be sure to credit all sources of information) Select a topic related to E-commerce technology, covered in Chapter 3 or 4 of the text, which you want to learn more about. Find at least two web resources that give you some information on that topic. Post links to those sites and give summaries of the new information you learned. Include some discussion as to why you chose this area and what more you would like to know. Discussion should continue on these topics throughout the week. The goal is for us all to reach some level of understanding regarding the topic you have selected. Please add 1 cite from the text book

Electronic commerce, more commonly abbreviated as e-commerce, is the action of buying and selling products or services through the medium of electronic information systems such as computer networks - the most common of which being the World Wide Web, or internet (Dorogovtsev & Mendes, 2003). A variety of technologies are used to facilitate e-commerce including electronic funds transfer (EFT) which facilitates the electronic exchange of money, online transaction processing (OTP) which handles the data entry and retrieval for transaction processing and electronic data interchange (EDI) which is responsible for processing orders, warehouse stock control and order tracking (Turban, et al., 2009). Today has become a vital component of the

In the past couple of the decades, internet technology has grown enormously. Users have access to millions of resources in front of them instantly. According to Zakaria “the internet users in December of 2000 were “360,985,492”, and in December 2011 the number of users became “2,267,233,742”, with a growth of 528.1%.” The in The world of businesses is changing because of E-commerce has been essential tool for businesses. About 53 percent of all purchases are by E-commerce Businesses have come up with plans to use E-commerce to deliver their products and services to the market. However, there are some risk of using E-commerce, the risk are financial, performance, or social risks. Not taking the right steps and having poor security can cause identity theft.

Online shopping has caused many changes economically and socially. The rapid rise of online stores has caused changed for current stores to move to e-retail to reach a wider audience and to save money on things like renting out a building to set up. Now that most stores have a store to visit and an online store, it’s become much easier to distribute their products to a wider audience. Some people could be unable to leave their homes (due to disabilities and/or other issues), so it’s much useful when a particular store also has an online store. It also helps if there aren’t any physical stores around a particular area or if the store ships internationally, they can just order online and have it arrive. In addition, some stores even have some products and items that aren’t even sold in physical stores, and are only exclusive to their own online store. Because of reasons like that, more people are drawn to shop online as it gives people access to every single product they have on sale, and the customers don’t have to spend time travelling to reach a store, when they can browse for however as long as they like in the comfort of their own home.

Why risk the possible forgone costs of attempting to find items at a single store when anyone can browse the world-wide web with millions of options right at their fingertips? Recent consumer trends reveal a large shift from the number of consumers shopping in physical stores to those utilizing online storefronts and virtual market places. Quite frankly, visiting brick-and-mortar stores is becoming the old-fashion style of retail shopping. E-commerce giants, Amazon for example, make it incredibly difficult for small mom and pop shops and even billion dollar corporations such as Walmart to function at their highest possible levels. However, there are flaws in a world comprised solely of virtual marketplaces that will allow various types of

Regular retail stores are almost becoming obsolete today because so many customers are shopping online. Stores that have been apart of our lives for years shutting down operations, some for good and others are only conducting business on the internet. Whatever the case may be more and more people are turning to the internet to fulfill their needs. E-commerce is a multi-billion dollar industry now, when at first some thought it would fade away like most technology when it first started. Consumers are not the only people who do business online either. Big companies use the internet to do business with other companies; this is called business-to-business transactions

The reason e-commerce interests me is I would like to find out how it relates to business in terms of importance, benefits, and influence. E-commerce is relative to my area of study because the goal for my future company will deal with providing services and content to customers via the internet.

By Siti Rabiatul Adawiah Bte Maarof CEB100073 Wong Chee Kang CEB100092 Muhammad Afiq Bin Abdul Ghani CEB090035

Michaek Aldrich invented online shopping in UK. In 1979. This was done done when he tried connecting a modified domestic television via a telephone line to a real-time user transaction processing computer. In 1990 Tim Berner-Lee crated World Wide Web and the first browser. Then many developments took place when I 1994 netscape launched its first commercial browser then similarly Pizza hut also expanded its ordering system online and then in 1995 Amazon and ebay launched their online portals which was a great step foerward in e-commerce.

Thanks to development technology, e-commerce, which has revolutionized nearly every industry in the world has become more and more popular and effect on a business and people (Bandyo-Padhyay, N. 2002). According to Bandyo-Padhyay. N (2002), it is a trendy expression that web based business performed in the right on time to the center of the 1990s and quickly turned into a typical term in the business and scholastic world. Internet business (Electronic trade) implies working business electronically which is exchanging products, services, and expertise utilizing PCs connected to each other. Nowadays, a business should respond to the growth of e-commerce, if they want to remain competitive. This essay will show the importance of e-commerce,

         Have you ever shop via Internet? I have, and my experience was uncomplicated, and timeless from my home. People try to find ways to make their life as easy as possible without hassle. Even though some may enjoy the benefits of conventional shopping that cannot be replaced. As technology advances it provides people with different way to experience shopping e-commerce. Whether you decide to shop in store or internet, there are advantages and disadvantages to consider.