I. Introduction Globalization has paved the way for e-business models that currently sweeps the internet with its’ revenue share to improvise the economy (Hong-Oanh Nguyen,2013). Cost (production to delivery) (Evangelista and Sweeney,2006; Gunasekaran and Ngai,2008; Australian Bureau of Statistics,2008; Samar and Robert,2004), customers interest (Australian Bureau of Statistics,2008; Evangelista and Sweeney,2006; Samar and Robert,2004), size of the company (Davies et al.,2007; Nurmilaakso,2008), skills of the employee , compatibility of system/service, support and security by management (Gunasekaran and Ngai, 2008; Gudmundsson and Walczuck,1999), investment and return rate of product(Samar andRobert,2004) are the factors influencing on adoption of e-business (Hong-Oanh Nguyen,2013). Lastly, Hong-Oanh Nguyen,2013 states “e-business is essentially an investment decision” as to start a business the focus will be on making a profit even with small amount of investment. E-business is seemingly enlarging in large sized …show more content…
The solutions for the problem are asked from the government or the stake holders in the company and then if the solutions are positive, establish the e-commerce capabilities. In Dirk Deschoolmeester et al., 2004 paper, the author used CADIGA-rule to find out the strategic drivers for growth of e-business between large and small companies. It is evidently proved that growth factor between small and large companies is in the field of producing and devising the new products and in the handling of the offers/information. This has been supported by other studies (Levy, Powell, Yetton,
The computer and the Internet are becoming of essence to achieve successful business with the unremitting technological advancements. One of the fallacies of people is that you can only do e-business through the Internet. Conversely, that is just a part of this seemingly clear-cut novelty. E- Business is the complex fusion of business processes, enterprise applications, and organizational structure necessary to create a high-performance business model. E-business is needed in today 's market just to contend with the growing battle towards profitability. Companies can both buy and sell products on line. Similar business strategies should be practiced even though transactions are done online. Accordingly, e-Business is any business
E - Business presents a great opportunity to and organization to increase sales and enter into a much larger
COMBE, C. ( 2006). Introduction to e-business : management and strategy. Amsterdam ; Boston: Butterworth-Heinemann.
The fourth information system to be utilized in growth of a new company is the electronic commerce system, also known as ecommerce. This system will provide access for the company to reach out into the global market keeping geographical limitations to a minimum, which in turn can cause growth and expansion. Ecommerce also enables small, up-and-coming businesses, as well as customers, to sell or purchase products through the global market, (Bora, C., n,d). One downside to ecommerce is that customers may
With the great speed of economic globalization, E-Business is developing in a surprising speed through the wide-spread of information technology. Nowadays, there are a lot of big E-business corporations such as Amazon, E-bay focus on different E-business model and field. However when these international companies carving up the global market, some local enterprises also growing up and want to share this big cake.
This study will prove that e-commerce has grown because it adds value to people’s lives. It will show that e-commerce will not disappear but evolve into something even greater than what it is right now.
Many organizations industriously look for the opportunity to gain the competitive advantages in their industries. One of the opportunities that frequently used by the organization is the implementation of e-commerce. Thus, the e-commerce and the online sale transaction become popular in each industry. E-commerce provides many benefits, such as the saving of shopping time, the cost savings, convenience, and free from geographical constraints.
E-business, is a primary factor and force behind any successful business or organization .When a company becomes more accessible to customers and partners this could generates more expansion for a company as well as create more revenue .The idea of of e-commerence is to operate under technological systems . When we look at e-business we are confronted with these systematic programs to fully understand e-bussiness and how a company uses this strategic system. .
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.
Companies go online to engage in advertising, buying and selling of products and services. Due to the increased competitiveness in the hypermarket industry, the adoption of e-business has helped companies gain a competitive edge over their peers in terms of reduced costs, increased revenue streams and greater customer satisfaction. Operational costs such
When considering opening a business there is one question that is newly coming up. The question is “Have you thought about starting an E-commerce business?”. Anyone can look back on how technology has changed in the last, let’s say, ten years there have been some major advancements. There are watches that tell you about your own body functions, laptops that do more than ever expected, and phones that have more functions than Inspector Gadget, to name just a few. It is not a far-fetched idea for someone to open an e-commerce business opposed to a traditional brick and mortar business. There are even more questions now that a person has to ask themselves before embarking on that path. The big question that we are trying to answer is, “With the way that technology has been growing and evolving, is it beneficial to start an e-commerce business opposed to a more traditional brick and mortar business?” In this paper, I will explore some of these questions and more. There are a lot of things to consider when deciding to go in a new direction. There are many things at risk as well. A person invests a lot of time, money and effort when starting a new business.
The Internet can possibly turn into the most dynamic exchange middle person inside of 10 years. Additionally, Internet shopping may alter retailing by permitting shoppers to sit in their homes and purchase a gigantic mixed bag of items and administrations from everywhere throughout the universes. Numerous organizations and customers are still careful about leading broad business electronically. Notwithstanding, just about everybody will utilize the type of E Commerce in not so distant future. This site will talk about the e business creating system in national level particularly on e
In this globalization era, new businesses are emerging and developing very rapidly where competition between businesses are becoming more aggressive. This situation may impact on small business or familiar with small and medium enterprise (SME). In order to survive and stay competitive, SMEs implements a vary of approaches or strategies, such as by adopting internet-based or web based (e-commerce) in their business. Many studies argued that e-commerce is very useful for SME in order to face the competitive challenges in the global market. E-commerce is believed can influence performance. However, to adopt this application there are several obstacle that is faced by SMEs. Therefore, this essay would like to discuss how e-commerce provide benefit to SMEs and what the obstacles faced by SME in order to adopt this technology.
As described by Reynolds, E-commerce takes several forms, including business-to-business (B2B), business-to-consumer (B2C), consumer-to-consumer (C2C), and e-government (e-gov). It’s any type of organization, or that includes the transfer of information across the Internet. It covers a range of different types of businesses, from consumer based retail sites, through auction or music sites, to business exchanges trading goods and services between corporations. It is currently one of the most important aspects of the Internet to emerge (Reynolds, 2016). While there are multiple factors of e-commerce operation for retail interacting with its customers the three primary benefits are effective customer service, convenience, easy and timely efficient orders.
Developing an e-commerce business is a difficult process, that will test the determination and commitment of any person that has created a business in the past. I this paper will examine four different scenarios that one might be confronted with in owning an e-commerce business. The scenarios are as follow: