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Effects of e commerce to globalization
- 1. EFFECTS OF E-COMMERCE TO GLOBALIZATION Wilyn S. Marzo DIT Student Saint Paul University, Philippines
- 2. WHAT IS GLOBALIZATION? Globalization is a process of interaction and integration among the people, companies, and governments of different nations, a process driven by international trade and investment and aided by information technology.
- 3. WHAT IS GLOBALIZATION? This process has effects on the environment, on culture, on political systems, on economic development and prosperity, and on human physical well- being in societies around the world.
- 4. WHAT IS INFORMATIONTECHNOLOGY? Information technology (IT) is the use of any computers, storage, networking and other physical devices, infrastructure and processes to create, process, store, secure and exchange all forms of electronic data.
- 5. INFORMATIONTECHNOLOGY IN BUSINESS Computers and information systems are essential parts of every business today. Like accounting and legal, every business needs to invest in technology to compete. Technology is both a cost of doing business, and an opportunity to do more business.
- 6. WHAT IS E-COMMERCE? E-commerce (electronic commerce or EC) is the buying and selling of goods and services, or the transmitting of funds or data, over an electronic network, primarily the internet.
- 7. TYPES OF E-COMMERCE? These business transactions occur either as business-to-business, business-to-consumer, consumer-to-consumer or consumer-to-business.
- 8. FEATURES OF E-COMMERCE? Non-Cash Payment: E-Commerce enables use of credit cards, debit cards, smart cards, electronic fund transfer via bank's website and other modes of electronics payment. 24x7 Service availability: E-commerce automates business of enterprises and services provided by them to customers are available anytime, anywhere. Here 24x7 refers to 24 hours of each seven days of a week.
- 9. FEATURES OF E-COMMERCE? Advertising / Marketing: E-commerce increases the reach of advertising of products and services of businesses. It helps in better marketing management of products / services. Improved Sales: Using E-Commerce, orders for the products can be generated any time, any where without any human intervention. By this way, dependencies to buy a product reduce at large and sales increases. Support: E-Commerce provides various ways to provide pre sales and post sales assistance to provide better services to customers.
- 10. FEATURES OF E-COMMERCE? Inventory Management: Using E-Commerce, inventory management of products becomes automated. Reports get generated instantly when required. Product inventory management becomes very efficient and easy to maintain. Communication improvement: E-Commerce provides ways for faster, efficient, reliable communication with customers and partners..
- 11. WHAT IS WORLDTRADE ORGANIZATION -is a series of agreements between governments. -it involves set of rules, freely negotiated and accepted by a consensus of our member governments’ ability to interfere with trade. -these rules apply to trade in electronic commerce as they to other forms of trade.
- 12. WTO AND E-COMMERCE -E-COMMERCE is an important channel for retailing and wholesaling goods and services. -Rights to provide retail and wholesale distribution are covered by the GATS( General Agreement onTrades in Services)
- 13. WTO AND E-COMMERCE -E-COMMERCE is the delivery of services direct to the consumer in the form of digitized information. -the GATS covers the delivery of services by any means, including electronic.
- 14. CONCERNS OFWTO ON E-COMMERCE -application of disciplines to trade: -GATT( General Agreement onTariffs andTrade) -GATS(General Agreement onTrades in Services -TRIPS(Trade-RelatedAspects of Intellectual Property Rights) -Intellectual Property agreement
- 15. CONCERNS OFWTO ON E-COMMERCE -the development dimension: -The growth of internet can also increase the marginali- zation of the world’s poor, unless we take steps to ensure they get access to the internet too.
- 16. CONCERNS OFWTO ON E-COMMERCE Ensure that developing countries can derive maximum benefit from technology and are not left behind by the speed of development.
- 17. NEEDSTO EFFECTIVELY PARTICIPATE IN E-COMMERCE BYWTO 1. ACCESSTO COMPUTERS AND OTHER HARDWARE ATWORLD PRICES AMONG OTHERTHINGS REMOVING EXESSIVE IMPORT DUTIES ON IT. 2. TO HAVE AN EFFICIENT, LOW COST TELECOMMUNICATIONS. 3. TO HAVETRAINED PERSONNEL
- 18. THE INTERNET IS A WONDERFUL THING. WE SHOULD AIM TO DO OUR BEST TO PROMOTE RATHER THAN HINDER ITS DEVELOPMENT AND TO HELP THE POOR AS WELL AS THE RICH BENEFIT FROM IT (WWW. WTO.ORG)
- 19. THANK YOU!
- 20. REFERENCES https://www.google.com/search?biw=1366&bih=586&tbm=isch&sa=1&ei=JV8jW8icIc_- rQHnzLDAAg&q=business+to+business&oq=busine&gs_l=img.1.1.0i67k1l2j0j0i67k1l3j0l2j0i67k1l2.165 698.166813.0.168557.6.4.0.2.2.0.198.520.0j3.3.0....0...1c.1.64.img..1.5.538...35i39k1.0.K_MNBTxRTkc #imgrc=K9T_HV23S0rDNM: https://www.google.com/search?q=globalization&source=lnms&tbm=isch&sa=X&ved=0ahUKEwj2_f qkktXbAhVXcCsKHQNYC5EQ_AUICigB&biw=1366&bih=586#imgrc=mVfReamVWa65FM: https://searchdatacenter.techtarget.com/definition/IT https://www.google.com/search?biw=1366&bih=586&ei=1XojW9qHGI_drQGqrbz4DQ&q=trips&oq=tr ips&gs_l=psy-ab.3..0i67k1l5j0l5.51497.53656.0.54199.9.9.0.0.0.0.175.960.0j6.7.0....0...1c.1.64.psy- ab..2.7.1105.6..35i39k1j0i131k1j0i131i67k1.148.0vfb9cXBbgE
- 22. REFERENCES https://searchcio.techtarget.com/definition/e-commerce https://www.google.com/search?biw=1366&bih=586&tbm=isch&sa=1&ei=5l8jW_7rIYr0rAH0v5GYBg& q=consumer+to+consumer&oq=consumer+to+consumer&gs_l=img.3..0l7j0i7i30k1j0i30k1j0i24k1.1981 7.25257.0.25533.19.16.3.0.0.0.295.2158.0j5j5.10.0....0...1c.1.64.img..9.5.1228...0i8i7i30k1.0.IpesX28q1 Wk#imgrc=xy0W6mQ-e27PlM: https://www.google.com/search?biw=1366&bih=586&tbm=isch&sa=1&ei=z18jW6KnJcf8rQGO05e4A g&q=business+to+consumer&oq=business+to+consumer&gs_l=img.1.0.0i67k1j0l8.17579.19401.0.212 79.8.3.0.5.5.0.172.337.0j2.2.0....0...1c.1.64.img..1.7.382....0.Znux_N1aVAQ#imgrc=GcEBeWv_102lCM: https://www.slideshare.net/ManishSharma235/ecommer-47039767