My writing assignment will be about running an e-business. I am focusing on the following two types of businesses: Online Sales of Goods, and Digital Media and Software. My intent is to show that an e–business is easier and cheaper to run than a brick-and-mortar business, but needs a lot of legal expertise. Here are some examples of online businesses Online sales of goods: An Online Store that Warehouses products and sells them Online, or one that Drop Ships goods. Digital Media and Software sales Also, Online Services: Social sites, Advice, Information Comparisons to running a brick-and-mortar business: Is it easier or harder to run than a bricks-and-mortar business? It can be much easier, since you don’t have to maintain a fancy …show more content…
They claim it is because of their operation costs. In my opinion, these constant increases seem unreasonable. They operate off a minimal staff, their services are all automated. They don’t physically produce or transport anything, so it isn’t like rising fuel prices affect their cost of service or something. Apparently their parents won’t let them keep the eBay file servers in their garage any more. In reality, I can see how legal costs may affect PayPal and eBay. They seem to get sucked into a lot frivolous lawsuits, as if they were being milked like cash cows. I will discuss this later in the paper. Are there different considerations for choosing an organizational form for doing business over the internet compared to doing business elsewhere? Online Store - Warehousing products: Your customer service does not have to work face-to-face with customers. They can just be in an office. They can work remotely from home. They can even be in an office in India. They still need to friendly, courteous, and knowledgeable, but they don’t have to have the same appearance standards. You can structure management with several people under each supervisor. Location to customer traffic does not matter as much. It would be better to locate near a shipping center instead of a shopping center. Flexibility is greater too. You can start with a small, low cost building. As the business grows, you can move to larger facilities. If
It does not matter what type of company it is, again internet or traditional, there are going to be difficulties with a startup. There will be difficulties that no one thought of, and money is usually tight. Bad decisions happen because of unpreparedness, and partners disagree. All of these can lead to the quick breakup of a company. An internet company has the advantage of not needing as much money to startup as a traditional brick and mortar business. The internet startup also does not need a traditional product, advertising or as many other resources (Makler, 2006). It is easier in some respects to get this type pof company off the ground because it can be started the day the idea is formed and making money as soon as the website is ready. A traditional business requires more planning and capital (Makler, 2006).
Cheeseman, H. R. (2010). The legal environment of business and online commerce: Business ethics, e-commerce, regulatory, and international issues. (6th ed.) Upper Saddle River, NJ: Pearson Prentice Hall.
Describe the insight generation process used at Ben & Jerry’s. What benefits did Ben & Jerry’s achieve from utilizing the process?
In an increasingly digital age, I would choose to set up shop online. I would explore selling several items ranging from clothing and electronics, to food and essentials.
Evaluate how successful a selected business organisation has been in preparing for the growing use of e-business.
Electronic business (e-business) can be defined as the use of the internet to network and empower business processes, electronic commerce, organizational communication and collaboration within a company and with its customers, suppliers, and other stakeholders. E-businesses utilise the internet, intranets, extranets and other networks to support their commercial processes (Colin Combe, 2006).
COMBE, C. ( 2006). Introduction to e-business : management and strategy. Amsterdam ; Boston: Butterworth-Heinemann.
E-commerce Explain what is meant by the term ‘E-commerce’. It is the conducting of business communication and transactions over networks and through computers. As most restrictively defined, electronic commerce is the buying and selling of goods and services, and the transfer of funds, through digital communications. However EC also includes all inter-company and intra-company functions (such as marketing, finance, manufacturing, selling, and negotiation) that enable commerce and use electronic mail, EDI, file transfer, fax, video conferencing, workflow, or interaction with a remote computer. Electronic commerce also includes buying and selling over the Web, electronic funds transfer, smart cards, digital cash (e.g.
Despite being an intimidating prospect for most people, there are millions of entrepreneurs in the US. Some of them turn out to be very successful, others, not so much. There are many steps to starting and running a business, but many of them can be easily accomplished simply by filling out some forms, and several small fees.
The article "Ethics on the Web: Applying Moral Decision-Making to the New Media," written by Linda Sama and Victoria Shoaf, provides a thorough overview of the legal issues concerning e-business, including the implications of the various ways in which business in the New Media is more ethically compromised than traditional business procedures. Although the article was nearly ten years ago and is largely concerned with e-business' ability to sustain itself (and whether it will be able to prolong its existence), the vast majority of the concerns elucidated in the article are still applicable in the present moment and constitute inherent risks stemming from the medium itself. Specifically, central concerns include the fact that companies are not in immediate proximity with their clients, that there is now more information at companies' disposal and that business practice is now ends-based rather than rules-based.
Developing a Business Website Developing a Business Website Simulation Analysis Developing a business website is a much more complex task than simply buying some servers and hosting a site. There are a variety of issues that arise that must be addressed in order to ensure that your website is not only functional but is actually of use to your customer to differentiate yourself from the competition. In the world of online trading the vendor must consider how the features of the site are generated, offering free or “pay for” services, and determining the functionalities that the customer will require.
Each and every client of web administrations may be a "player" of eBay. Along these lines, there are an endless number of suppliers and everybody can offer something as a potential supplier for eBay. EBay plan of action gives an administration that brings the purchasers and vendors together. The suppliers don 't have much power aside from on account of the exchange of the top of the line things at the end of the day costly products: land or autos or types of gear. It is clear that both the purchasers and merchants need insurance for their things (Cheng, 2005, p. 159). eBay utilizes PayPal as a part of a request to accommodate smooth and brisk installment of things where the vendors need to get their cash rapidly. Be that as it may, it is entangled to offer costly where the suppliers have more power. Keeping in mind the end goal to encourage the offering costly things, eBay acquired Skype where to side can without much of a stretch import and trade information. The suppliers all in all don 't have much power unless they are managing the top of the line things.
Information Technology Used In Business Do information technologies (IT) such as the laptop computer, and palm pilot really have an effect on the productivity and customer care in the workplace? Or do these technologies, which can be costly and not easily up- graded, hinder business practices? These questions have all been asked as the business world enters the information age.
Contemporary consumers have grown more knowledgeable with the specific capabilities that their personal computers are equipped with. They are seeking more customization and performance levels than that of many standard models available in retail stores. Many retail stores outsource their IT customer service that has U.S. consumers frustrated with lack of clear communication and cultural relatability. Retail locations can offer more local and personal customer service with a competent tech support team available by phone, email or internet to alleviate breakdowns in communication such as language barriers. Rapid delivery to customers can be provided by contracting with local delivery services like UPS and Fed X or an in-house service provided by the tech support team.4
Everyone in the world is marketing something. A parent is constantly marketing a good value system to their child. A teacher is marketing knowledge and skill to their students. Fashion moguls are marketing their latest creations to anyone who wants to look good and business owners are marketing their services or products to us in every possible way.