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E-Commerce refers to carrying out all your marketing and sales of services or products through the internet. This is generally what is known as doing your business online or E-Business. E-business refers to integrating systems, organizations, processes, value, chain as well as the entire market using technologies and concept that are internet based.it is without any doubt that there has been a considerable impact by the internet when it comes to how various organizations are buying and selling their goods and services all over the world (Sepehri, (2011).This is mostly seen in the raw materials and services that are required for direct use by manufacturers.
The use of internet bases electronic trading as well as exchanging of data has brought a revolution in the way businesses are conducting their activities. E-commerce has also led to the breakdown of global barriers like time, culture, space and logistics. However it is worth noting that the internet is not totally open. There are some laws which are made and various governments ensure that these laws are obeyed within the...
This is quite evident in the case where France made Yahoo to stop the sale of Nazi tickets where they could be visible by the French people. The truth of the matter is that different Nations and people might want an internet that is different. They want an internet whose language, norms and content are in conformity with their own.
With the internet there has been an introduction of a new level of global economic competition through the provision of efficiencies by reducing the number of suppliers as well as scraping off the costs of administration. This is successfully done through the value chain. Most of the firms are using e-business in order to help them build and establish new relationships between other businesses and their customers. There are various advantages that are provided by internet and the E-business in general (Deresky, 2011).
First the E-business is a convenient way of conducting business throughout the world. This is because it facilitates communication across the many borders that existence has contributed immensely…
References
Deresky, H. (2011). International management: Managing across borders and cultures (7th Ed.). Upper Saddle River, NJ: Prentice Hall.
Sepehri, M (2011).Assessing the Environment; political, economic, legal, technological.
E-Commerce Communications Electronic commerce or e-commerce is the term used to describe all forms of information exchange and business transactions based on information and communication technologies. There are different types of formal definitions of e-commerce, but the wide scope involved has resulted in many definitions focusing on only certain aspects. A fairly comprehensive definition covers e-commerce from four different perspectives (Kalakota and Whinston, 1997, p.38) - communications, business process, service and
Much marketing research has been done on analysing customer behaviour and retention. As a consequence, it is crucial for online companies to create a loyal customer base, as well as to monitor the profitability of each segment (Reinartz and Kumar, 2002) Definition of customer e-loyalty Customer loyalty has been defined as "a deeply held commitment to re-buy or re-patronize a preferred product/service consistently in the future, thereby causing repetitive same-brand or
There will also be Login page where a new customer will be required to register and existing customer will be required to login. The Career page will display the job vacancies. Other pages displayed in the website will be Terms and Condition, Privacy etc. (Princeton University, 2008). The company will require both human and financial resources for the development of the website. Information system manager will coordinate all necessary human
Business Model The company is Costco. Costco Wholesale Connections is the largest membership warehouse club chain in the United States. A warehouse club chain is a retail store that sells a wide variety of merchandise where clients are required to buy products in quantities, reducing its price markup on products up to 15%. The cheap prices, kept down by the no-frills atmosphere to the store makes the store attractive to people
A large body of literature has treated many different aspects of these influences on Asia, Europe and the United States (Busser & Sadoi, 2003). The importance of the study relates to the current trends taking place in Libya where aggressive steps have been taken in recent years to normalize relations with the international community. For example, Libya opened up its programs to develop weapons of mass destruction to international
Pharmaceutical industries have to operate in an environment that is highly competitive and subject to a wide variety of internal and external constraints. In recent times, there has been an increasing trend to reduce the cost of operation while competing with other companies that manufacture products that treat similar afflictions and ailments. The complexities in drug research and development and regulations have created an industry that is subject to intense