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Essay E-Business
E–Business
1–Abstract
2–About E–Business
3–Advantages and Disadvantages
4–The impact if e–business on a typical business
5–What a company must do to transform its strategy when it decides to transform into e–business
6–Conclusion
7–References
Abstract
There is a misconception that e–Business simply means buying and selling products and services over the Internet. The broader view of e–Business
focuses on the key processes that directly enhance revenue В— namely, customer acquisition and retention through sales, marketing and service
(Siebel, 2004). This customer–centric view of e–Business is not limited to the Internet but rather applies to all aspects of the customer relationship
whether it is online or offline....show more content...
However, there are also the advantages and disadvantages to every good thing. When it comes to e–business, the advantages may include being able to
use applications and features such as email, which is great because it is a quick and cheap way of sending information, combined with the ability to
attach files and send them onto another user. E–business is also quicker and easier means of communications; it may strengthen marketing capabilities
and reach. Finally, it may also reduce the cost of doing business by lowering transaction costs and increasing efficient methods for payment, such as
using online banking and reducing stationery and postage costs.
Despite having many advantages of the Internet, there are, unfortunately disadvantages as well in e–business. For example, Viruses are often spread
over the Internet, which can normally be done via email. Even having a virus scanner does not protect your computer system at one hundred percent
because they do not always recognize new virus, which it does not yet know about. Other disadvantages may include hackers being able to access
your system and therefore, all of the company's files, which could ruin the company's business, may be at large. There is also one of the biggest
complaints, which is the lack of physical contact because it prevents scrutiny of products and lacks face–to–face interaction; there may be difficulty in
finding information;
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E-Business Assignment
Student name: Marcelo Chabes
Student number: 3783
Class: MKT 1
Assignment 1 – Compare the E–Business strategies of TWO companies.
Case study chosen:
Amazon.com X Submarino.com
Introduction
Firstly let's talk about Amazon Inc. which is an American e–commerce company in Seattle, Washington. Amazon was one of the first major companies
to sell goods by Internet, and was an iconic "stock in which to invest" of the late 1990s dot–com bubble. Launched on line in 1995, Amazon.com
started as an on–line bookstore, but soon diversified to product lines from DVDs to Furniture has defined the wide business where the on line store
were making business. Amazon.com nowadays has operations in Canada, UK, Germany, France, China and Japan. If...show more content...
DETAILED EXPLANATION– the Candidate assesses Amazon's business, showing that it is a popular web presence that works with charities, is
interested in the customer's opinion, and works with a varied group of products.
Before start comparing both services provided by these companies, lets see below what Submarino.com provides to its customers:
1. Mundos (English: Worlds): It's a section at Submarino.com, of sponsored on line stores. You'll find brands like Microsoft, Sony, Philips, Apple,
Palm and 20th century fox, for example. 2. Submarino credit card: A credit card alternative for who don`t wants to pay a lot of money in taxes and
fees. 3. Multichannel Delivering: The alternative to buy a product on line and take it in one Americanas Stores (real world stores which fusion with
Submarino.com in 2006). 4. Submarino Viajens (English: Submarino Travel): Where you'll find hotels and resorts reservations, shipping promotions,
tourism packages, flight tickets, tourism guides etc. All for your travel. 5. Ingresso Facil (English: Easy Ticket): Here you can find good prices for
mainly concert, cinemas and theaters tickets. 6. Gift Cards: Works at the same way of Amazon's Gift Card. 7. Submarino web services: Works at the
same way of Amazon's web services.
DETAILED EXPLANATION– the Candidate assesses Submarino's business, showing that it is a powerful web presence that works with reputable
companies (Microsoft etc), in offering
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Essay E-Business
Name: Jun Qi Professor: Jeen S. Lim Course: EBUS4040 Date: Oct 5, 2012 Describe the insight generation process used at Ben & Jerry's.
What benefits did Ben & Jerry's achieve from utilizing the process? Identify Ben & Jerry's various Websites and social media networks
and assess its online and social media presence. What recommendations can you make to Ben % Jerry to improve their management of online
presence and social media activities? Ben & Jerry is using BI(Business intelligence) tools to track all of their ingredients so when a customer
calls with a concern or questions they can look up that specific pint of ice cream and where all the ingredients came from and correct this issue. They
are using BI...show more content...
In addition, the organization asks its customers and website visitors for input. This request gives customers "buy–in" or product input that would make
the customer feel more a part of Ben & Jerry's business; thus, making the customer more apt to buy the product. The company using its web site
to build relationships with its customers by providing interactive pages; create a flavor suggestions; fun craft section; gift shop; ice cream by mail;
the way the web site is developed (user friendly, fun, a bit cartoony, informative, bright colors.); an appeals to a wide range of demographics. Also,
when a customer makes a flavor suggestion, they receive an email (immediately) from the site letting the customer know that the suggestion has been
received. Customers were tired of e–mails from B & J, it hurting the brand. B & J would be focusing more on communication via social
media. Instead of multiple e–mails to communicate with their ice cream lovers, they need focusing their efforts on the 1.3 million fans they have on
Facebook & Twitter. B & J can develop game about ice–cream on the twitter and Facebook. It
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The Importance Of The E Business Strategies
Report This report analyses the importance of the e–business strategies Apple uses for its business. An investigation on how apple structures its
e–business strategy in terms of planning, and how Apple control the organisation. Through this report, we will examine how Apple searches for its
strategic methods and objectives via many aspects, whether it be customer demand or its fall of competitors. The term business doesn't completely
consist of only retailing; businesses can function online. An e–business, also known as 'electronic business' is a web–based service provided by a
business which enables an exchange of products/services; the electronic market focuses on the use of information technology to allow activities of
exchange to...show more content...
Business executive, Tim Cook who was asked by Jobs to join the company in 1998, once mentioned "We never had an objective to sell a low–cost
phone. Our primary objective is to sell a great phone and provide a great experience, and we figured out a way to do it at a lower cost." Apple is
seen as 'pioneer', above all else compared to other smart technology brands. Apple's retail success blossoms through its retail stores by customer
demand; in comparison to Best Buy, another leading electronics store, Kane and Sherr (2011) explain that Apple's most valuable strategic objectives
is 'It sells a single brand, has far fewer products and has only a few hundred stores compared to Best Buy 's more than 4,000' What makes Apple
special? One of the answers is of course STRATEGY. Strategy analysis is the process of developing strategy for a business by researching the business
and the environment in which it operates. Every strategic analysis we can divide for internal and external analysis. Internal analysis involves
identifying strengths and weaknesses of the business, by analysing its competencies. The organisation must use and evolve its strengths and reduce
/ eliminate its weaknesses. It is really important to make a good strategic decisions. External analysis is about opportunities and threats of the business.
The company has to know what they want to achieve and
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IMPACT OF E–COMMERCE ON BUSINESS Name Institution Task 1: 1.1.1 Introduction In the UK, the retail industry is very competitive and
every company is looking for a competitive edge over the other. They use techniques such as better services, lower prices, and customer feedback to
lure more customers into their businesses. However, one sure way some of the retail shops have been able to break off is through migration to
e–commerce and turning their stores into e–business hubs. The strength of this migration cannot be ignored since some of the success stories of
organizations as well as retail businesses have been attributed to the digital migration towards e–commerce (Hoover, 2009). In this chapter, I am going
to review 3 organizations that have been successful in e–commerce no matter their areas of specialization:– Iceland Food Ltd Iceland Food Ltd was
founded in 1969, when Malcolm Walker and Peter Hinchcliffe established the first store in Leg Street, Oswestry, in England. At the time, they were
employees of Woolworths and fired after the employer discovered their side business. At that time, they specialized in loose frozen foods and made
huge profits making it thus opening several stores across England. As the company grew, it peaked in 2001 and was hit by controversies including
Malcolm Walker being accused of selling the company's shares and later resigning. By 2003, the company had collapsed (Hoover, 2009). Malcolm
would later join the company in
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Essay On E-Commerce
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 (SMEs) are determined by staff headcount and either turnover or balance sheet
total (Ec.europa.eu, 2016). SMEs have been contributing to the more economic growth and job creation (forbes.com, 2015) .SMEs has experienced
significant changes in business when they adapted to e–commerce. This essay will go through the relationship between e–commerce and
small–medium sized organization, changes and development E–Commerce has brought to the world of SMEs. The introduction of E–commerce is one
...show more content...
There are vast number of reasons why this e–commerce does not work actively, these reasons vary according to the countries and regions. The cost is
the important and crucial issue for the small firms since they do not have much investment than the larger companies. The lack of knowledge and
awareness of E–commerce world, poor business strategies, lack of skills and time to implement SMEs, fear of failure etc. Security continues to be the
most important problem for online businesses as customers have to feel confident and trust about the integrity of the payment process before they
commit to the purchase. Slow internet connections, lack of electricity supply and financial infrastructures will lead to poor e–commerce in small and
medium sized firms. There many positive and significant impact of e–commerce in small and medium sized firms such
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Australian Ecommerce Websites
ESSAY 2: Select two ecommerce websites with totally different business models and describe their business models. Select one Australian and one
International site.
Electronic commerce is the term that refers to any type of business, or commercial transaction, that involves the transfer of information across the
Internet (Le 2013). Ecommerce can include different types of businesses form consumer based retail sites such as asos.com, auction sites such as eBay
or music sites such as iTunes or Pandora (What is ecommerce 2013). As a consumer I use ecommerce websites regularly including iTunes, Asos,
Eastbay and Pandora. Ecommerce is the largest retail growth area in the world, after getting off to a relatively slow start (What is an...show more
content...
A B2C model represents the vast majority of ecommerce web sites online and is generally based in its real world counterpart, the local store. Any
business that sells directly to its customers falls into the B2C business model (Ecommerce Business Models for Your E–Business 2012). An example
of a B2C Australian ecommerce site is Kogan. Kogan is Australia's largest online retailer and are 100% Australian owned. Kogan has become one of
the fastest growing companies in Australia having delivered over 1, 000, 000 products (About Kogan 2013).
The major bonus of an ecommerce site is that it generally can cut out the middle man, making prices cheaper. For example Kogan can bring their
customers such cheap prices because it cuts out all of the middlemen, please see figure 2.
Figure 2: Kogan Supply Model (About Kogan 2013)
Due to E–Business being relatively new, there is not a lot of historical data on which to base a model on. Organisations must take into account, barriers
to entry, establishing the right fit with brand image, align with the company's culture and consider the fit and mix with its existing channels (What are
the ecommerce business models 2012).
REFERENCES:
About Kogan
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The Role Of E-Business
E–Business
E–business stands for electronic business. The role of E–business is conducting the business via the electronic by synchronizing all the supply chain to
make the process more efficient and get to fulfill more customer demand. It could reduce the cost of production, expands the business by giving support
from business to business. While, E–commerce is the process of transferring money which is different from e–business, so e–commerce is being
considered as a part of e–business.
Electronic business (e–business), the use of Internet–based computing and communications to execute both front–end and back–end business processes
– has emerge as a key enabler to drive supply chain integration. As an overarching business concept, e–business has received increasing attention from
academics and practitioners alike. E–business solutions in general are seeking to enhance supply chain effectiveness and efficiency through the
automation of business processes. The adoption of e–business can result in benefits such as higher transparency, reduced transaction, manufacturing
and other cost, reduced...show more content...
For example, commercial banks began to use electronic funds transfers to speed up payment. In1970's and 1980's, e–commerce expanded significantly
within the business sector, while governments attempted to improve information exchange and security. Late 1980's and early 1990's, online services
have been emerged, using first–generation news, email, and chat capabilities. In the year 1995's, the browser and its key associated with protocol, also
known as HTTP, are commercialized, turning the "home page" into an important component of corporatemarketing. In late 1990's, Dot–coms
phenomenon began with the use of Web as their primary channel for product distribution, proliferate and challenge established
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Disadvantages Of E-Business
E–business is the short form of electronic business. E–business is the conducts of business which using internet to process. Electronic business, or
e–business, is the use of the Internet to conduct business. This is a lucrative and highly profitable domain (Natasha Gilani, 2017). The process of
e–business is include the buying and selling goods, supplies and services, process payments such as Maybank to you, servicing customers, control and
managing the products, sharing information between one and other, recruiting, collaborating with your business partner, and running automated
employee service. The industry's e–business adoption lags behind similar industries such as tours and travel (Article, 2013).
One of the major types of e–business...show more content...
It is a transaction which business sell their goods or service to the consumer. For example, consumer could do online reservation for the air ticket
themselves by using the airline reservation system. For more instance, consumer could book their room through the hotel page nowadays. Next of the
major types of e–business for hospitality industry is the Business–to–Business (B2B). Business–to–Business is the online business which selling the
goods to the other business. This type of e–business is for the aim of conducting commerce or business between one companies with another company
as they exchange the electronic documents in purchasing the goods and service. Companies which using B2B E–commerce could improve the
relationship and communications among the other companies. Companies which using Business–to–business are incline to be high volume and not
focus on small transaction result. Example for Business–to–Business in hospitality industry is the corporate customers, government, company trips,
Event Company, or wedding planner plan to have a stay in the hotel or book the event room or banquet with huge number of member. Another
example is a company reserve an airplane seat with a large number which go for a company trip.
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E Commerce And E Business Essay
Due to economic growth and information technology development, the competitive travel market is stimulating a high demand of customers for
international travel (Lin & Fu, 2012). Travel customers actively search various websites (Expedia, Priceline, Travelocity, etc.) on the Internet for travel
needs and deals (Xiang & Gretzel, 2010). The travel industry is facing drastic changes today, regarding business–to–business (B2B) e–commerce and
business–to–consumer (B2C) e–commerce, because many people are purchasing travel products and services on the Internet (Casalo, Flavian, &
Guinaliu, 2010). Travel agencies should adopt e–commerce technology into business models to increase competitive advantages and to boost marketing
activities (Abou–Shouk et al., 2013). Information and communications technology (ICT) and E–Commerce and E–Business applications have a large
impact on businesses worldwide (Iansiti & Lakhani, 2014). Internet application systems: E–commerce and Business–to–Business (B2B) has
experienced tremendous growth since 2011.
Conceptual Framework During the last decade, technological innovation has vastly changed our lives and the way that we conduct business (Dash &
Tech, 2014). Travel agents use the Internet to market products and services, provide customer service and support, perform electronic transactions, and
gather information. The Internet is known as an electronic platform that seeks to implement new technological innovations, establish new business
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Relevant Types Of E Business Models
Relevant types of e–Business models In this case analysis, we use the term e–Business as a broader definition of e–Commerce (EC), not just solely
describing the buying and selling of goods and services, but conducting all kinds of business online such as servicing customer, collaborating with
business partners, delivering e–learning, and conducting electronic transactions within an organisation. This has to be stated since in some sources, the
terms EC and e–Business are considered equivalent. E–Commerce have been defined and categorized in many different ways. A common
classification of EC is by the nature of the transactions and the relationships among participants which puts NFD Food Services in the B2B category.
One of the major characteristics of EC is that it facilitates the creation of new business models. Business models have been defined and categorized in
many different ways. According to Turban et al. (2012), "A business model describes the manner in which business is done to generate revenue and
create value". Within the scope of this case analysis, we only take the classification of e–Business models by Rappa (2010) into consideration. This is a
comprehensive and cogent taxonomy of e–Business models that includes the following basic categories: Brokerage Advertising Infomediary Merchant
Manufacturer (Direct) Affiliate Community Subscription Utility The models are implemented in a variety of ways, as described below with examples.
Moreover, a
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E Business, E Commerce, And E Government
What is the difference between e–business, e–commerce, and e–government? How are information systems transforming business and what is their
relationship to globalization? Danil De Vansa International American University BUS530B Management Information Systems Kimberly Hoyt October
29, 2016 Abstract E–business, e–commerce and e–government are concepts that have become a reality in today 's world. Many people all over the
world use the internet to purchase goods or services online, conduct business operations or use online government services. This paper will analyze the
differences of these concepts. Introduction E–commerce is the trading or facilitation of trading in products or services by means of computer networks.
Technologies such as electronic funds transfer, supply chain management, internet marketing, online transaction processing, electronic data interchange
(EDI) and automated data collection systems are used for e–commerce. An example of an e–commerce company is Amazon. E–business has a broader
meaning and includes e–commerce. E–business is the application of information and communication technologies in support of all the activities of
business. The term "e–business" was coined by IBM 's marketing and Internet team in 19961. e–government is the use of information and
communication technologies in order to improve the activities of public sector organizations. There are 3 main domains of
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Apple E Business
Apple
Consultancy Report
Word Count 2,349
Introduction
Apple Inc has been hailed as one of the most emerging company of the past decade. This company has progressed from a struggling computer
company in 90's to one of the major leaders of the computer industry. There are many factors that have led to the success of this firm. One of them is
setting up a strong e–business strategy. E–commerce has been pivotal in Apple operation. This is because of the reason that the company relies on the
internet to market, sell and receive payment for its products. This paper will analyze Apple Inc e–commerce strategies and the benefits accrued from it.
Apple is an American firm that designs and sells computers, electronics and computer...show more content...
The aim of this paper is to analyze how Apple Inc takes advantages from the growth of e–business and its advantages in supply chain management. In
analyses role of internet in marketing strategy of Apple, some of the measures to gauge its success, some of the hurdles faced by Apple followed by a
conclusion.
Role of Internet in Apples Strategies
The internet has been a very important tool for Apples Inc in many angels. One such ways is that it has been included as one of the Apples marketing
strategies (EU Technology Commission 2009). The internet has given apples with access to all over the world market through websites, blogs and
social networking sites. Besides this internet have various sources of marketing channels. This marketing source is also very cheaper. The internet has
also paved a way for the distribution way for Apples products. The firm has laid the foundations of online stores through which it gathers its software
products to the desired customers (Apple 2010). Today, apples customers have no need to be physically present themselves at apple outlets when they
need software applications and other services as the get the help they need from the online Apple stores. An important element that has made
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Developing an e-Business Strategy Essay
At the core of the development of an e–business strategy for any particular organization lays several issues that need to be spotted on by any person
who intends to successfully develop either a B2C e–business model or a B2B e–business model. Due to the rapid development of technology and
globalization in the 21st century, e–business has suddenly become an important means of conducting business transactions given the big difference in
both businesses and consumers' way of living prior and during the advent of technology.
According to (Wickramasinghe, 2007) since the various e–business models were tested to deliver outstanding and beneficial results in any organization,
big or small, many organizations has strived to develop value–driven...show more content...
Consider for example a businessman who intends to pursue a particular opportunity for his firm. His plan was to provide a highly–integrated set of
services in all wireless networks in specified locations within the United States. Initially, upon looking at the firm's business model for this specific
project, the model seems to be perfect and is consistent with the core goals and logic for coming up with such a plan (Shafer et al., 2005).
When asked however of his plans in addressing the possible incompatibilities in terms of the standards among wireless networks, the businessman
merely stated his assumption that everything will flow smoothly as planned. On the other hand, thee truth is that there is a huge possibility that his
business model will not work a hundred percent as planned due to discrepancies and incompatibility issues in wireless networks (Shafer et al., 2005).
The point in giving this example is that any businessman who intends to use a business model must not expect that the model itself will work by itself
and that certain issues and disadvantages will not be encountered especially in the process of building or developing an e–business strategy. Among the
main issues that a businessman is most likely to experience in developing an e–business strategy for either a B2C e–business model or a B2B
e–business model is the major
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INTRODUCTION Electronic Business (E–Business) is a perplexing practice due to the numerous aspects it involves. In today's rapidly changing
environment, organizations adopt E–Business to respond to several business drivers. The progressions of the macro–environments are creating
innovative business environments, in which E–Business is considered a normal practice. This paper attempts to model the business environment and
evaluate its competitive characteristics by comparing the traditional business with E–Business. Kreplin. K, et al (2000), identified "Reality" and
"Virtuality" terms; these terms differentiates traditional business from E–Business. According to Kreplin. K, et al (2000), E–Business is based on a
virtual (digital)...show more content...
An article written by Henricks.M (2006) explains that the time zone differences will cause a lot of difficulty in terms of decision making, planning
shipment, organizing logistics and more. As opposed to E–business, E–business have online softwares that enables smooth communication through
digital platforms regardless of time zone differences. For E–business entrepreneurs, the first challenge here is the difficulty to obtain capital large
enough for any ventures. This includes the research and development needed for the product. In the report "Managing Worldwide operations &
Communications with Information Technology" (2007), it was highlighted that many venture capitalist will incur higher risk with large sums of
capital. This is because there is high uncertainty of success for entrepreneurs to compete in an open market environment. In addition, another factor
arises which is also known to be labour market exuberance. This is described as an irrational competition that arose with the increasing need of
technical skills (e.g. software programming). Therefore, firms will likely experience a short supply of skilled workers (Wright.P & Lee.D ,
2000). POLITICAL & LEGAL CHALLENGES In the area of political and legal, there is a major concern of the country's policy for traditional
businesses. Entrepreneurs need to abide by both the local and the other country's laws and regulations while selecting to export goods
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An Introduction to Business Essay
An Introduction to Business
Business plays a major role within our society. It is a creative and competitive activity that continuously contributes to the shaping of our society. By
satisfying the needs and wants people cannot satisfy themselves, businesses improve the quality of life for people and create a higher standard of living.
It is a way for individuals to provide goods and services to consumers, and at the same time, produce a profit for themselves. Businesses are not only
important because they provide goods and services for consumers, but they also improve the economy and increase jobs for people within society
which is an additional fact producing a higher standard of living. To measure our societies standard of...show more content...
International trade deficits occur when a nation imports more then it exports. The Decline of Smokestack America is when there is a change from an
industrial to a post–industrial economy. Finally, the conservation of energy is so that there are a sufficient amount of natural resources necessary to
produce goods. General economic growth or stagnation also has an important influence on business within our society. Many factors can affect it's
condition, such as war, new inventions and technology, political assassinations, the discovery of physical and natural resources, labor negotiations,
government action, and many others. When the economy is strong and the demand is high, businesses can prosper. Regardless of how great the
economy may become, businesses still must compete with other firms for scarce raw materials and labor.
A businesses environment creates many opportunities as well as problems for prospering businesses. The environment determines what a business can
do by shaping and channeling its development. Businesses function within an environment by allowing entrepreneurs to raise capital and create profits
freely. The supply of money available within a business as well as the economic stability through times of growth and recession have strong effects on
businesses. Not only is the physical environment, including natural resources, pollution and energy as discussed previously, important, but many other
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Essay On E-Commerce Business
How to Launch an eCommerce Business on a Budget
Launching a business is not an easy thing to do – especially if you are working with a tight budget. But a tight budget can actually help you stay
focused and spend your money on things that actually matter. So, if you are looking to get into eCommerce business, here are some tips to help you
do it without spending a lot of money.
Registering your business
The first thing to do is to sort out the registration. Most of this won't cost a thing, although business registration expenses can depend on your country.
However, you need to make sure to take care of this part – not registering can end up costing you a lot more in the long term.
The most important parts to cover at this point...show more content...
Be smart with your marketing strategies
Marketing is an important part of a successful eCommrce business. The good news is that it isn't as expensive in the modern world. You already have
a website in which you can add content to entertain and inform your customers. You should also list your eCommerce business on business listing sites
to help make it easier for customers to find you.
The other strategy involves using social media to your advantage. You want to regularly post content and engage people on social media. Learn to use
hashtags to your advantage and you will notice people visiting your site more.
Use paid advertising only after you've established a good content marketing routine and a proper social media strategy. Both are relatively cost efficient
and you can automate much of your social media activity with software like Social Oomph and PostPlanner. Online ads can be help you promote the
content – Facebook Ads and Google AdWords campaigns are worth opting for.
Calculate your margins
If you don't want your eCommerce business to cost a fortune, you need to be smart at making money. You can launch lean and reinvest money to
grow your business if you just know how to make the sale. It's essential to understand the cost of keeping your site open. Calculate the operational cost
carefully in order to use the right price tag on your products. If you don't get your margins right, you are going to start losing money.
So, make sure you understand how
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e-Business Essay example
E–Business
E–business is the largest emerging trend in business today. The movement into e–business is dramatically changing the way people buy and sell.
Business is no longer a one for all concept, that concept is being replaced by a consumer economy that is driven by choice. These choices are not only
in product and price but in shopping environment as well, where their transactions can take place face to face or in an online environment. Not only are
traditional businesses completing their transactions with other businesses in such an online format, but such transactions are taking place between
businesses and consumers as well as consumers to consumers. The following paper outlines some of the differences and similarities of each of...show
more content...
I have outlined some strengths and weaknesses of business to consumer e–business and the way it is affecting the relationship between the consumer
and merchant using Amazon.com's Virtual Retailing Model as an example.
Virtual retailing involves the request for and closing of a transaction over the medium of the Internet, via a web page (http://www.cybersolve.com
/retail.html). While the processing of the transaction, itself, is key to the existence of a virtual retailer, it is not the most important piece. The key to
the success of a virtual retailer, according to Peter G. W. Keen, is the ability of that virtual retailer "to build strong customer relationships". Amazon.com
has by far been one of the most successful virtual retailers in building strong customer relationships. 70% of Amazon's customers are repeat customers;
this is no surprise when Amazon.com invests 20% of its revenue in attracting consumers and develops different techniques to "bond with the
customers", such as "My Amazon" (http://www.computerworld.com/home/print.nsf/all/990614AD62 ).
Traditionally businesses had to locate themselves, plant themselves several times over in
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Essay about The Importance of E-business
The Survival of the E–Business
Starting out as a government and research network, the Internet became available to the public in the early 1990's attracting millions of users. Since
then, the Internet has become the largest and most important network. In 1998, the Internet had 100 million users; that number is doubling every year.
The Internet has revolutionized the businesses of today. Instead of having physical stores, companies can sell their products right off of the Web. There
are millions of electronic businesses on the Web; some companies have been a huge success and some have been a huge failure. In order for an
e–business to survive a company must understand the market in E–Business, the importance of E–Intelligence, understand...show more content...
The system is fast and easy, and it provides companies with vital information on the consumers' needs. E–intelligence offers a number of business
benefits:
1. It moves e–business operations into a traditional business environment. This provides the means to look at all corporate business operations and
business information.
2. It provides accurate and precise business information that helps business users make a knowledgeable decision. Using this information, business
users can analyze business performance in respect to competitors.
3. It aids e–business applications in dividing e–business customers to personalize the actual Web pages exposed.
4. It enables organizations to share information with trading partners by extending business intelligence outside of the corporate firewall.
5. It allows external and internal users to move between different systems by linking e–business applications with business intelligence.
A business intelligence system can result in changes to back–office operation. This would include the creation of a new product or changes to product
pricing. The output from a business intelligence system can also be used in front–office operations. Information can be used in such activities as
marketing. E–intelligence is important in many aspects of running an e–business. Many things can cause a
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Essay E-Business

  • 1. Essay E-Business E–Business 1–Abstract 2–About E–Business 3–Advantages and Disadvantages 4–The impact if e–business on a typical business 5–What a company must do to transform its strategy when it decides to transform into e–business 6–Conclusion 7–References Abstract There is a misconception that e–Business simply means buying and selling products and services over the Internet. The broader view of e–Business focuses on the key processes that directly enhance revenue В— namely, customer acquisition and retention through sales, marketing and service (Siebel, 2004). This customer–centric view of e–Business is not limited to the Internet but rather applies to all aspects of the customer relationship whether it is online or offline....show more content... However, there are also the advantages and disadvantages to every good thing. When it comes to e–business, the advantages may include being able to use applications and features such as email, which is great because it is a quick and cheap way of sending information, combined with the ability to attach files and send them onto another user. E–business is also quicker and easier means of communications; it may strengthen marketing capabilities and reach. Finally, it may also reduce the cost of doing business by lowering transaction costs and increasing efficient methods for payment, such as using online banking and reducing stationery and postage costs. Despite having many advantages of the Internet, there are, unfortunately disadvantages as well in e–business. For example, Viruses are often spread over the Internet, which can normally be done via email. Even having a virus scanner does not protect your computer system at one hundred percent because they do not always recognize new virus, which it does not yet know about. Other disadvantages may include hackers being able to access your system and therefore, all of the company's files, which could ruin the company's business, may be at large. There is also one of the biggest complaints, which is the lack of physical contact because it prevents scrutiny of products and lacks face–to–face interaction; there may be difficulty in
  • 2. finding information; Get more content on HelpWriting.net
  • 3. E-Business Assignment Student name: Marcelo Chabes Student number: 3783 Class: MKT 1 Assignment 1 – Compare the E–Business strategies of TWO companies. Case study chosen: Amazon.com X Submarino.com Introduction Firstly let's talk about Amazon Inc. which is an American e–commerce company in Seattle, Washington. Amazon was one of the first major companies to sell goods by Internet, and was an iconic "stock in which to invest" of the late 1990s dot–com bubble. Launched on line in 1995, Amazon.com started as an on–line bookstore, but soon diversified to product lines from DVDs to Furniture has defined the wide business where the on line store were making business. Amazon.com nowadays has operations in Canada, UK, Germany, France, China and Japan. If...show more content... DETAILED EXPLANATION– the Candidate assesses Amazon's business, showing that it is a popular web presence that works with charities, is interested in the customer's opinion, and works with a varied group of products. Before start comparing both services provided by these companies, lets see below what Submarino.com provides to its customers: 1. Mundos (English: Worlds): It's a section at Submarino.com, of sponsored on line stores. You'll find brands like Microsoft, Sony, Philips, Apple, Palm and 20th century fox, for example. 2. Submarino credit card: A credit card alternative for who don`t wants to pay a lot of money in taxes and fees. 3. Multichannel Delivering: The alternative to buy a product on line and take it in one Americanas Stores (real world stores which fusion with Submarino.com in 2006). 4. Submarino Viajens (English: Submarino Travel): Where you'll find hotels and resorts reservations, shipping promotions, tourism packages, flight tickets, tourism guides etc. All for your travel. 5. Ingresso Facil (English: Easy Ticket): Here you can find good prices for mainly concert, cinemas and theaters tickets. 6. Gift Cards: Works at the same way of Amazon's Gift Card. 7. Submarino web services: Works at the
  • 4. same way of Amazon's web services. DETAILED EXPLANATION– the Candidate assesses Submarino's business, showing that it is a powerful web presence that works with reputable companies (Microsoft etc), in offering Get more content on HelpWriting.net
  • 5. Essay E-Business Name: Jun Qi Professor: Jeen S. Lim Course: EBUS4040 Date: Oct 5, 2012 Describe the insight generation process used at Ben & Jerry's. What benefits did Ben & Jerry's achieve from utilizing the process? Identify Ben & Jerry's various Websites and social media networks and assess its online and social media presence. What recommendations can you make to Ben % Jerry to improve their management of online presence and social media activities? Ben & Jerry is using BI(Business intelligence) tools to track all of their ingredients so when a customer calls with a concern or questions they can look up that specific pint of ice cream and where all the ingredients came from and correct this issue. They are using BI...show more content... In addition, the organization asks its customers and website visitors for input. This request gives customers "buy–in" or product input that would make the customer feel more a part of Ben & Jerry's business; thus, making the customer more apt to buy the product. The company using its web site to build relationships with its customers by providing interactive pages; create a flavor suggestions; fun craft section; gift shop; ice cream by mail; the way the web site is developed (user friendly, fun, a bit cartoony, informative, bright colors.); an appeals to a wide range of demographics. Also, when a customer makes a flavor suggestion, they receive an email (immediately) from the site letting the customer know that the suggestion has been received. Customers were tired of e–mails from B & J, it hurting the brand. B & J would be focusing more on communication via social media. Instead of multiple e–mails to communicate with their ice cream lovers, they need focusing their efforts on the 1.3 million fans they have on Facebook & Twitter. B & J can develop game about ice–cream on the twitter and Facebook. It Get more content on HelpWriting.net
  • 6. The Importance Of The E Business Strategies Report This report analyses the importance of the e–business strategies Apple uses for its business. An investigation on how apple structures its e–business strategy in terms of planning, and how Apple control the organisation. Through this report, we will examine how Apple searches for its strategic methods and objectives via many aspects, whether it be customer demand or its fall of competitors. The term business doesn't completely consist of only retailing; businesses can function online. An e–business, also known as 'electronic business' is a web–based service provided by a business which enables an exchange of products/services; the electronic market focuses on the use of information technology to allow activities of exchange to...show more content... Business executive, Tim Cook who was asked by Jobs to join the company in 1998, once mentioned "We never had an objective to sell a low–cost phone. Our primary objective is to sell a great phone and provide a great experience, and we figured out a way to do it at a lower cost." Apple is seen as 'pioneer', above all else compared to other smart technology brands. Apple's retail success blossoms through its retail stores by customer demand; in comparison to Best Buy, another leading electronics store, Kane and Sherr (2011) explain that Apple's most valuable strategic objectives is 'It sells a single brand, has far fewer products and has only a few hundred stores compared to Best Buy 's more than 4,000' What makes Apple special? One of the answers is of course STRATEGY. Strategy analysis is the process of developing strategy for a business by researching the business and the environment in which it operates. Every strategic analysis we can divide for internal and external analysis. Internal analysis involves identifying strengths and weaknesses of the business, by analysing its competencies. The organisation must use and evolve its strengths and reduce / eliminate its weaknesses. It is really important to make a good strategic decisions. External analysis is about opportunities and threats of the business. The company has to know what they want to achieve and Get more content on HelpWriting.net
  • 7. IMPACT OF E–COMMERCE ON BUSINESS Name Institution Task 1: 1.1.1 Introduction In the UK, the retail industry is very competitive and every company is looking for a competitive edge over the other. They use techniques such as better services, lower prices, and customer feedback to lure more customers into their businesses. However, one sure way some of the retail shops have been able to break off is through migration to e–commerce and turning their stores into e–business hubs. The strength of this migration cannot be ignored since some of the success stories of organizations as well as retail businesses have been attributed to the digital migration towards e–commerce (Hoover, 2009). In this chapter, I am going to review 3 organizations that have been successful in e–commerce no matter their areas of specialization:– Iceland Food Ltd Iceland Food Ltd was founded in 1969, when Malcolm Walker and Peter Hinchcliffe established the first store in Leg Street, Oswestry, in England. At the time, they were employees of Woolworths and fired after the employer discovered their side business. At that time, they specialized in loose frozen foods and made huge profits making it thus opening several stores across England. As the company grew, it peaked in 2001 and was hit by controversies including Malcolm Walker being accused of selling the company's shares and later resigning. By 2003, the company had collapsed (Hoover, 2009). Malcolm would later join the company in Get more content on HelpWriting.net
  • 8. Essay On E-Commerce 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 (SMEs) are determined by staff headcount and either turnover or balance sheet total (Ec.europa.eu, 2016). SMEs have been contributing to the more economic growth and job creation (forbes.com, 2015) .SMEs has experienced significant changes in business when they adapted to e–commerce. This essay will go through the relationship between e–commerce and small–medium sized organization, changes and development E–Commerce has brought to the world of SMEs. The introduction of E–commerce is one ...show more content... There are vast number of reasons why this e–commerce does not work actively, these reasons vary according to the countries and regions. The cost is the important and crucial issue for the small firms since they do not have much investment than the larger companies. The lack of knowledge and awareness of E–commerce world, poor business strategies, lack of skills and time to implement SMEs, fear of failure etc. Security continues to be the most important problem for online businesses as customers have to feel confident and trust about the integrity of the payment process before they commit to the purchase. Slow internet connections, lack of electricity supply and financial infrastructures will lead to poor e–commerce in small and medium sized firms. There many positive and significant impact of e–commerce in small and medium sized firms such Get more content on HelpWriting.net
  • 9. Australian Ecommerce Websites ESSAY 2: Select two ecommerce websites with totally different business models and describe their business models. Select one Australian and one International site. Electronic commerce is the term that refers to any type of business, or commercial transaction, that involves the transfer of information across the Internet (Le 2013). Ecommerce can include different types of businesses form consumer based retail sites such as asos.com, auction sites such as eBay or music sites such as iTunes or Pandora (What is ecommerce 2013). As a consumer I use ecommerce websites regularly including iTunes, Asos, Eastbay and Pandora. Ecommerce is the largest retail growth area in the world, after getting off to a relatively slow start (What is an...show more content... A B2C model represents the vast majority of ecommerce web sites online and is generally based in its real world counterpart, the local store. Any business that sells directly to its customers falls into the B2C business model (Ecommerce Business Models for Your E–Business 2012). An example of a B2C Australian ecommerce site is Kogan. Kogan is Australia's largest online retailer and are 100% Australian owned. Kogan has become one of the fastest growing companies in Australia having delivered over 1, 000, 000 products (About Kogan 2013). The major bonus of an ecommerce site is that it generally can cut out the middle man, making prices cheaper. For example Kogan can bring their customers such cheap prices because it cuts out all of the middlemen, please see figure 2. Figure 2: Kogan Supply Model (About Kogan 2013) Due to E–Business being relatively new, there is not a lot of historical data on which to base a model on. Organisations must take into account, barriers to entry, establishing the right fit with brand image, align with the company's culture and consider the fit and mix with its existing channels (What are the ecommerce business models 2012). REFERENCES: About Kogan
  • 10. Get more content on HelpWriting.net
  • 11. The Role Of E-Business E–Business E–business stands for electronic business. The role of E–business is conducting the business via the electronic by synchronizing all the supply chain to make the process more efficient and get to fulfill more customer demand. It could reduce the cost of production, expands the business by giving support from business to business. While, E–commerce is the process of transferring money which is different from e–business, so e–commerce is being considered as a part of e–business. Electronic business (e–business), the use of Internet–based computing and communications to execute both front–end and back–end business processes – has emerge as a key enabler to drive supply chain integration. As an overarching business concept, e–business has received increasing attention from academics and practitioners alike. E–business solutions in general are seeking to enhance supply chain effectiveness and efficiency through the automation of business processes. The adoption of e–business can result in benefits such as higher transparency, reduced transaction, manufacturing and other cost, reduced...show more content... For example, commercial banks began to use electronic funds transfers to speed up payment. In1970's and 1980's, e–commerce expanded significantly within the business sector, while governments attempted to improve information exchange and security. Late 1980's and early 1990's, online services have been emerged, using first–generation news, email, and chat capabilities. In the year 1995's, the browser and its key associated with protocol, also known as HTTP, are commercialized, turning the "home page" into an important component of corporatemarketing. In late 1990's, Dot–coms phenomenon began with the use of Web as their primary channel for product distribution, proliferate and challenge established Get more content on HelpWriting.net
  • 12. Disadvantages Of E-Business E–business is the short form of electronic business. E–business is the conducts of business which using internet to process. Electronic business, or e–business, is the use of the Internet to conduct business. This is a lucrative and highly profitable domain (Natasha Gilani, 2017). The process of e–business is include the buying and selling goods, supplies and services, process payments such as Maybank to you, servicing customers, control and managing the products, sharing information between one and other, recruiting, collaborating with your business partner, and running automated employee service. The industry's e–business adoption lags behind similar industries such as tours and travel (Article, 2013). One of the major types of e–business...show more content... It is a transaction which business sell their goods or service to the consumer. For example, consumer could do online reservation for the air ticket themselves by using the airline reservation system. For more instance, consumer could book their room through the hotel page nowadays. Next of the major types of e–business for hospitality industry is the Business–to–Business (B2B). Business–to–Business is the online business which selling the goods to the other business. This type of e–business is for the aim of conducting commerce or business between one companies with another company as they exchange the electronic documents in purchasing the goods and service. Companies which using B2B E–commerce could improve the relationship and communications among the other companies. Companies which using Business–to–business are incline to be high volume and not focus on small transaction result. Example for Business–to–Business in hospitality industry is the corporate customers, government, company trips, Event Company, or wedding planner plan to have a stay in the hotel or book the event room or banquet with huge number of member. Another example is a company reserve an airplane seat with a large number which go for a company trip. Get more content on HelpWriting.net
  • 13. E Commerce And E Business Essay Due to economic growth and information technology development, the competitive travel market is stimulating a high demand of customers for international travel (Lin & Fu, 2012). Travel customers actively search various websites (Expedia, Priceline, Travelocity, etc.) on the Internet for travel needs and deals (Xiang & Gretzel, 2010). The travel industry is facing drastic changes today, regarding business–to–business (B2B) e–commerce and business–to–consumer (B2C) e–commerce, because many people are purchasing travel products and services on the Internet (Casalo, Flavian, & Guinaliu, 2010). Travel agencies should adopt e–commerce technology into business models to increase competitive advantages and to boost marketing activities (Abou–Shouk et al., 2013). Information and communications technology (ICT) and E–Commerce and E–Business applications have a large impact on businesses worldwide (Iansiti & Lakhani, 2014). Internet application systems: E–commerce and Business–to–Business (B2B) has experienced tremendous growth since 2011. Conceptual Framework During the last decade, technological innovation has vastly changed our lives and the way that we conduct business (Dash & Tech, 2014). Travel agents use the Internet to market products and services, provide customer service and support, perform electronic transactions, and gather information. The Internet is known as an electronic platform that seeks to implement new technological innovations, establish new business Get more content on HelpWriting.net
  • 14. Relevant Types Of E Business Models Relevant types of e–Business models In this case analysis, we use the term e–Business as a broader definition of e–Commerce (EC), not just solely describing the buying and selling of goods and services, but conducting all kinds of business online such as servicing customer, collaborating with business partners, delivering e–learning, and conducting electronic transactions within an organisation. This has to be stated since in some sources, the terms EC and e–Business are considered equivalent. E–Commerce have been defined and categorized in many different ways. A common classification of EC is by the nature of the transactions and the relationships among participants which puts NFD Food Services in the B2B category. One of the major characteristics of EC is that it facilitates the creation of new business models. Business models have been defined and categorized in many different ways. According to Turban et al. (2012), "A business model describes the manner in which business is done to generate revenue and create value". Within the scope of this case analysis, we only take the classification of e–Business models by Rappa (2010) into consideration. This is a comprehensive and cogent taxonomy of e–Business models that includes the following basic categories: Brokerage Advertising Infomediary Merchant Manufacturer (Direct) Affiliate Community Subscription Utility The models are implemented in a variety of ways, as described below with examples. Moreover, a Get more content on HelpWriting.net
  • 15. E Business, E Commerce, And E Government What is the difference between e–business, e–commerce, and e–government? How are information systems transforming business and what is their relationship to globalization? Danil De Vansa International American University BUS530B Management Information Systems Kimberly Hoyt October 29, 2016 Abstract E–business, e–commerce and e–government are concepts that have become a reality in today 's world. Many people all over the world use the internet to purchase goods or services online, conduct business operations or use online government services. This paper will analyze the differences of these concepts. Introduction E–commerce is the trading or facilitation of trading in products or services by means of computer networks. Technologies such as electronic funds transfer, supply chain management, internet marketing, online transaction processing, electronic data interchange (EDI) and automated data collection systems are used for e–commerce. An example of an e–commerce company is Amazon. E–business has a broader meaning and includes e–commerce. E–business is the application of information and communication technologies in support of all the activities of business. The term "e–business" was coined by IBM 's marketing and Internet team in 19961. e–government is the use of information and communication technologies in order to improve the activities of public sector organizations. There are 3 main domains of Get more content on HelpWriting.net
  • 16. Apple E Business Apple Consultancy Report Word Count 2,349 Introduction Apple Inc has been hailed as one of the most emerging company of the past decade. This company has progressed from a struggling computer company in 90's to one of the major leaders of the computer industry. There are many factors that have led to the success of this firm. One of them is setting up a strong e–business strategy. E–commerce has been pivotal in Apple operation. This is because of the reason that the company relies on the internet to market, sell and receive payment for its products. This paper will analyze Apple Inc e–commerce strategies and the benefits accrued from it. Apple is an American firm that designs and sells computers, electronics and computer...show more content... The aim of this paper is to analyze how Apple Inc takes advantages from the growth of e–business and its advantages in supply chain management. In analyses role of internet in marketing strategy of Apple, some of the measures to gauge its success, some of the hurdles faced by Apple followed by a conclusion. Role of Internet in Apples Strategies The internet has been a very important tool for Apples Inc in many angels. One such ways is that it has been included as one of the Apples marketing strategies (EU Technology Commission 2009). The internet has given apples with access to all over the world market through websites, blogs and social networking sites. Besides this internet have various sources of marketing channels. This marketing source is also very cheaper. The internet has also paved a way for the distribution way for Apples products. The firm has laid the foundations of online stores through which it gathers its software products to the desired customers (Apple 2010). Today, apples customers have no need to be physically present themselves at apple outlets when they need software applications and other services as the get the help they need from the online Apple stores. An important element that has made Get more content on HelpWriting.net
  • 17. Developing an e-Business Strategy Essay At the core of the development of an e–business strategy for any particular organization lays several issues that need to be spotted on by any person who intends to successfully develop either a B2C e–business model or a B2B e–business model. Due to the rapid development of technology and globalization in the 21st century, e–business has suddenly become an important means of conducting business transactions given the big difference in both businesses and consumers' way of living prior and during the advent of technology. According to (Wickramasinghe, 2007) since the various e–business models were tested to deliver outstanding and beneficial results in any organization, big or small, many organizations has strived to develop value–driven...show more content... Consider for example a businessman who intends to pursue a particular opportunity for his firm. His plan was to provide a highly–integrated set of services in all wireless networks in specified locations within the United States. Initially, upon looking at the firm's business model for this specific project, the model seems to be perfect and is consistent with the core goals and logic for coming up with such a plan (Shafer et al., 2005). When asked however of his plans in addressing the possible incompatibilities in terms of the standards among wireless networks, the businessman merely stated his assumption that everything will flow smoothly as planned. On the other hand, thee truth is that there is a huge possibility that his business model will not work a hundred percent as planned due to discrepancies and incompatibility issues in wireless networks (Shafer et al., 2005). The point in giving this example is that any businessman who intends to use a business model must not expect that the model itself will work by itself and that certain issues and disadvantages will not be encountered especially in the process of building or developing an e–business strategy. Among the main issues that a businessman is most likely to experience in developing an e–business strategy for either a B2C e–business model or a B2B e–business model is the major Get more content on HelpWriting.net
  • 18. INTRODUCTION Electronic Business (E–Business) is a perplexing practice due to the numerous aspects it involves. In today's rapidly changing environment, organizations adopt E–Business to respond to several business drivers. The progressions of the macro–environments are creating innovative business environments, in which E–Business is considered a normal practice. This paper attempts to model the business environment and evaluate its competitive characteristics by comparing the traditional business with E–Business. Kreplin. K, et al (2000), identified "Reality" and "Virtuality" terms; these terms differentiates traditional business from E–Business. According to Kreplin. K, et al (2000), E–Business is based on a virtual (digital)...show more content... An article written by Henricks.M (2006) explains that the time zone differences will cause a lot of difficulty in terms of decision making, planning shipment, organizing logistics and more. As opposed to E–business, E–business have online softwares that enables smooth communication through digital platforms regardless of time zone differences. For E–business entrepreneurs, the first challenge here is the difficulty to obtain capital large enough for any ventures. This includes the research and development needed for the product. In the report "Managing Worldwide operations & Communications with Information Technology" (2007), it was highlighted that many venture capitalist will incur higher risk with large sums of capital. This is because there is high uncertainty of success for entrepreneurs to compete in an open market environment. In addition, another factor arises which is also known to be labour market exuberance. This is described as an irrational competition that arose with the increasing need of technical skills (e.g. software programming). Therefore, firms will likely experience a short supply of skilled workers (Wright.P & Lee.D , 2000). POLITICAL & LEGAL CHALLENGES In the area of political and legal, there is a major concern of the country's policy for traditional businesses. Entrepreneurs need to abide by both the local and the other country's laws and regulations while selecting to export goods Get more content on HelpWriting.net
  • 19. An Introduction to Business Essay An Introduction to Business Business plays a major role within our society. It is a creative and competitive activity that continuously contributes to the shaping of our society. By satisfying the needs and wants people cannot satisfy themselves, businesses improve the quality of life for people and create a higher standard of living. It is a way for individuals to provide goods and services to consumers, and at the same time, produce a profit for themselves. Businesses are not only important because they provide goods and services for consumers, but they also improve the economy and increase jobs for people within society which is an additional fact producing a higher standard of living. To measure our societies standard of...show more content... International trade deficits occur when a nation imports more then it exports. The Decline of Smokestack America is when there is a change from an industrial to a post–industrial economy. Finally, the conservation of energy is so that there are a sufficient amount of natural resources necessary to produce goods. General economic growth or stagnation also has an important influence on business within our society. Many factors can affect it's condition, such as war, new inventions and technology, political assassinations, the discovery of physical and natural resources, labor negotiations, government action, and many others. When the economy is strong and the demand is high, businesses can prosper. Regardless of how great the economy may become, businesses still must compete with other firms for scarce raw materials and labor. A businesses environment creates many opportunities as well as problems for prospering businesses. The environment determines what a business can do by shaping and channeling its development. Businesses function within an environment by allowing entrepreneurs to raise capital and create profits freely. The supply of money available within a business as well as the economic stability through times of growth and recession have strong effects on businesses. Not only is the physical environment, including natural resources, pollution and energy as discussed previously, important, but many other Get more content on HelpWriting.net
  • 20. Essay On E-Commerce Business How to Launch an eCommerce Business on a Budget Launching a business is not an easy thing to do – especially if you are working with a tight budget. But a tight budget can actually help you stay focused and spend your money on things that actually matter. So, if you are looking to get into eCommerce business, here are some tips to help you do it without spending a lot of money. Registering your business The first thing to do is to sort out the registration. Most of this won't cost a thing, although business registration expenses can depend on your country. However, you need to make sure to take care of this part – not registering can end up costing you a lot more in the long term. The most important parts to cover at this point...show more content... Be smart with your marketing strategies Marketing is an important part of a successful eCommrce business. The good news is that it isn't as expensive in the modern world. You already have a website in which you can add content to entertain and inform your customers. You should also list your eCommerce business on business listing sites to help make it easier for customers to find you. The other strategy involves using social media to your advantage. You want to regularly post content and engage people on social media. Learn to use hashtags to your advantage and you will notice people visiting your site more. Use paid advertising only after you've established a good content marketing routine and a proper social media strategy. Both are relatively cost efficient and you can automate much of your social media activity with software like Social Oomph and PostPlanner. Online ads can be help you promote the content – Facebook Ads and Google AdWords campaigns are worth opting for. Calculate your margins
  • 21. If you don't want your eCommerce business to cost a fortune, you need to be smart at making money. You can launch lean and reinvest money to grow your business if you just know how to make the sale. It's essential to understand the cost of keeping your site open. Calculate the operational cost carefully in order to use the right price tag on your products. If you don't get your margins right, you are going to start losing money. So, make sure you understand how Get more content on HelpWriting.net
  • 22. e-Business Essay example E–Business E–business is the largest emerging trend in business today. The movement into e–business is dramatically changing the way people buy and sell. Business is no longer a one for all concept, that concept is being replaced by a consumer economy that is driven by choice. These choices are not only in product and price but in shopping environment as well, where their transactions can take place face to face or in an online environment. Not only are traditional businesses completing their transactions with other businesses in such an online format, but such transactions are taking place between businesses and consumers as well as consumers to consumers. The following paper outlines some of the differences and similarities of each of...show more content... I have outlined some strengths and weaknesses of business to consumer e–business and the way it is affecting the relationship between the consumer and merchant using Amazon.com's Virtual Retailing Model as an example. Virtual retailing involves the request for and closing of a transaction over the medium of the Internet, via a web page (http://www.cybersolve.com /retail.html). While the processing of the transaction, itself, is key to the existence of a virtual retailer, it is not the most important piece. The key to the success of a virtual retailer, according to Peter G. W. Keen, is the ability of that virtual retailer "to build strong customer relationships". Amazon.com has by far been one of the most successful virtual retailers in building strong customer relationships. 70% of Amazon's customers are repeat customers; this is no surprise when Amazon.com invests 20% of its revenue in attracting consumers and develops different techniques to "bond with the customers", such as "My Amazon" (http://www.computerworld.com/home/print.nsf/all/990614AD62 ). Traditionally businesses had to locate themselves, plant themselves several times over in Get more content on HelpWriting.net
  • 23. Essay about The Importance of E-business The Survival of the E–Business Starting out as a government and research network, the Internet became available to the public in the early 1990's attracting millions of users. Since then, the Internet has become the largest and most important network. In 1998, the Internet had 100 million users; that number is doubling every year. The Internet has revolutionized the businesses of today. Instead of having physical stores, companies can sell their products right off of the Web. There are millions of electronic businesses on the Web; some companies have been a huge success and some have been a huge failure. In order for an e–business to survive a company must understand the market in E–Business, the importance of E–Intelligence, understand...show more content... The system is fast and easy, and it provides companies with vital information on the consumers' needs. E–intelligence offers a number of business benefits: 1. It moves e–business operations into a traditional business environment. This provides the means to look at all corporate business operations and business information. 2. It provides accurate and precise business information that helps business users make a knowledgeable decision. Using this information, business users can analyze business performance in respect to competitors. 3. It aids e–business applications in dividing e–business customers to personalize the actual Web pages exposed. 4. It enables organizations to share information with trading partners by extending business intelligence outside of the corporate firewall. 5. It allows external and internal users to move between different systems by linking e–business applications with business intelligence. A business intelligence system can result in changes to back–office operation. This would include the creation of a new product or changes to product pricing. The output from a business intelligence system can also be used in front–office operations. Information can be used in such activities as marketing. E–intelligence is important in many aspects of running an e–business. Many things can cause a Get more content on HelpWriting.net