E-commerce Issues for Small Business

High school
Dissertation
Business
Pages 40 (10040 words)
Download 0
Electronic commerce or e-commerce is the procedure of selling and buying services or products with the help of electronic systems. Computer networks or the internet is the common fundamentals of the electronic system. Over the last decade, this form of business has grown into a huge volume and has spread all over the world…

Introduction

This form of business is able to reach a global market on a fast note and the cost is considerably low.
Business to Business, (B 2 B) Electronic Commerce (E Commerce) has brought about a sea change in the way transactions are carried out between different entities in business. B2B provides a way for manufacturers to develop products for clients, circumventing the traditional channels involved in doing business. The manufacturer, vendors and customers can directly communicate with each other rather than letting intermediaries mediate. In facilitating easy access, E Commerce provides a cost saving method for different parties to a business to develop maximum productivity. The geographical barriers to conducting trade or manufacturing no longer exist. A manufacturer can sell or market through the Internet on a 'virtual' platform but will make huge profits in the real world as he can now get through to a buyer or supplier any where in the world.
Specifically E Commerce integrates telecommunications, computers and stream lined work processes. Business to Customer (B2C) e commerce enables customers to directly get in touch with manufacturers. B2B helps organizations communicate. In both forms of this system, parties to a transaction avoid the unnecessary overhead costs and the impact of the technology does more to expand the business than before. ...
Download paper
Not exactly what you need?

Related papers

Impact of e-commerce in Banking sector
The concept of electronic commerce is descriptive of the process of conducting commercial transactions of services, goods, and information by means of computer networks. In e-commerce products and services can be bought online. Due to the fact that the banking sector is probably the busiest service sector, running it efficiently usually requires more manpower. Technological innovations such as…
Overview Of E-commerce
Many giant businesses are using e-marketing for quite sometimes now and many have been programmed with other automated businesses since 1990s. For example, at GE’s Aircraft division, the customer could order an aircraft part, get invoice and initiate delivery all within 45 minutes. However, such sophisticated systems require dedicated communication lines and expensive hardware. These costs have…
E-commerce
This will involve a perusal of the transaction cost theory towards the evolution of the business cyberspace.…
E-commerce and M-commerce
If E-commerce and M-commerce matters for development, it is not because the are the fancier or more convenient ways of doing shopping: but they allows allow enterprises to operate efficiently with their trading partners including their production sites, vendors and point of sales.…
E-commerce Master Assignment
It "exists" only online and as such is known as a "pure play" operation. Barnes & Noble is the largest bookseller in the United States, with many large high street shops known as "superstores" as well as a significant online operation, though none in the UK. Both companies have simply found new channels through which to earn profits and offer significant lessons for VG Jones as it seeks to expand…
E-commerce Issues for Small Business
This form of business is able to reach a global market on a fast note and the cost is considerably low.…