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
74). In the example of Airbnb and other share economy companies the transparency of the costs of goods is straight-forward due to no hidden costs and the transaction taking place directly between the buyer and seller and no intermediaries. The impact of this visibility also has an effect on companies that are not part of the share economy. The visibility of prices makes for a more competitive market. Non-share economy companies face the possibility of having to lower their prices to match share
1.0 Introduction Electronic commerce, or e-commerce, is defined as the buying and selling of products over an electronic system, typically the Internet. Business transactions occur either as business-to-business, business-to-consumer, consumer-to-consumer, or consumer-to-business. E-commerce ranges from online shopping (e-tail) to financial transactions such as mobile banking. Now that consumers can purchase unlimited amount of goods and services, e-commerce has completely revolutionized marketing
Media on E-commerce: A Perspective of Social Impact Theory”, 45th Hawaii International Conference on System Sciences, 2012 . The Effects of Social Media on E-commerce: A Perspective of Social Impact Theory By Kee-Young Kwahk and Xi Ge. This article discuss the effect e-commerce context is influenced by social media and how it impacts user’s visit intention and purchase intention. This study aims to examine the influence of social media in the e-commerce context and to find how it impacts users’
Electronic commerce (e-commerce) over the Internet is the fastest growing method for consumers to conduct business. Less than ten years old and it already has radically altered the potential to economic activities and the social environment. There are nearly 200 million Internet users worldwide currently. Of these 200 million users, roughly 40 percent reside in the United States (Styliano, A., Robbins, S. & Jackson, P., 2003). E-commerce currently affects large sectors such as communications, banking
capacities through the use of tools such as electronic commerce (e-commerce) (Briggeman & Whitacre, 2010; Roe et al., 2014). E-commerce, an aspect of information communications technology (ICT), is defined as the buying, selling, and marketing of goods and services online (Hua et al., 2015). E-commerce lowers costs, increases revenues, raises productivity, and brings access to new markets (Briggeman & Whitacre, 2010; Roe et al., 2014). E-commerce has advantages for small farm farmers seeking to
3. LITERATURE REVIEW 3.1. Introduction One of the main aspects related to mobile commerce drawing interest among scholars and organisations is the consumer behaviour in relation to mobile shopping. The works of Balaji et al. (2013) argue that mobile shopping is a practice very much dependent on the decisions of the consumer and understanding this behaviour is key in understanding mobile shopping. Chong, Chan and Ooi (2012) highlighted that the mobile phone usage has affected people’s use of online
today has allowed consumers to purchase various products from home ranging from apparel to groceries. The online shopping market has grown significantly within the past decade, leading to many online e-commerce startups such as Amazon, eBay, and mobile start-ups such as Instacart. While e-commerce provides convenience for shopping, it has created major disruption to the traditional shopping industries. Traditional retailers have since faced bankruptcy due to their inability to compete with such
Research Topic: Analytical Study of Foreign Direct Investment Policies in India with respect to E-commerce Retailing Sector. Student Id: 9791265 Course: Msc International Business and Management Introduction Foreign Direct Investment (FDI) is the control of the operations or the ownership of domestic companies by foreign companies. It normally involves establishing operations or acquiring tangible assets.(Foreign direct investment definition from financial times lexicon, no date) There
Building customer loyalty will determine the viability of the transformation into a successful e-commerce company. Additionally, identification of stakeholders and their requirements are crucial in major organisational changes. To respond to changes in the external environment, David Jones should scale back