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What are some of the financial issues that are unique to online monetary transactions?
Safety and security are two primary concerns for consumers buying online, as it is inconvenient to use checks or wire cash online. Using PayPal is one option, but most consumers chose to pay through their credit cards and want some assurance that their numbers are not accessible to illegitimate third parties. Similarly, consumers who access their bank accounts online want to make sure that they and they alone can see the records, and there are some controls to verify their identity. Other concerns for sites like eBay, where sellers are individuals and...
(This is the reason for eBay's 'rating' of user reliability). Sellers from all websites want assurance that the credit cards consumers use to purchase goods are legitimate. Finally, in international exchanges, some method of currency conversion, if buyers and sellers do not share a common currency, must be in place.
Works Cited
La Monica, Paul R. "Dot-com mania, part II?" CNN Money. 12 Jun 2005. 7 Mar 2008. http://money.cnn.com/2005/06/13/technology/internet/index.htm
Works Cited
La Monica, Paul R. "Dot-com mania, part II?" CNN Money. 12 Jun 2005. 7 Mar 2008. http://money.cnn.com/2005/06/13/technology/internet/index.htm
E-Business Entry E-business may have been the most innovative idea to emerge from the birth of World Wide Web, but it was also the most misunderstood technology. Most firms believed that e-business would be easy. All you had to do was to offer your products or services online and then let customers visit you and make their purchases. But as it turned out, e-business turned out to be more complicated
Once this data is captured, the third objective of building an equilibrium-based model that conceptually defines the relationship of companies who chose to invest from a strategy standpoint over those that were functionally-driven and the differences in profitability as a result. This model will also be used as the basis of creating a four-step maturity model that will attempt to show how over time strategy-based implementations are more effective
Maplin Current status of e-business in the sector The current status of e-business is transforming the way firms are operating. This is taking place through many companies offering increasing amounts of products at lower costs. In the electronics sector, these changes are creating shifts in the mindset of consumers with them demanding more. The result is that most firms are able to offer them with lower costs. Yet, at the same time,
Now, the way to get found is through the internet. There are several different methods that can be used, too, and may businesses will choose a combination of methods so that they are able to reach out to the largest number of people without spending too much money. Even the largest and most prosperous companies have a budget, and they probably do not want to (or cannot) go over
You need a stable foothold and insight into the dynamics of the marketplace from which to be able to peer effectively into the future.... Marketing research can provide real value by helping to provide the radar that will alert the enterprise to perils -- and opportunities -- ahead" (Duboff & Spaeth 2000, pp. 3-13). Proponents of market research maintain that these activities help to ensure that companies remain consumer-orientated.
won the lottery for 1 million and you had the chance to take a lump sum or payments over 20 years which option would you choose? Why? I would choose the option of lump sum payment for the obvious reason that money loses part of its value over time: the phenomenon commonly known as the time value of money. Any payment received upfront has a greater present value than deferred