This document discusses the key concepts of electronic commerce. It describes how the second wave of e-commerce focuses on profitability through analyzing business processes and revenue models. Companies now use tools like value chain analysis and SWOT to identify opportunities in a global e-commerce environment that presents both opportunities and challenges regarding issues like trust, culture, language and infrastructure.
REALIZZAZIONI DI SITI WEB
EBC Srl, si occupa della realizzazione di Siti Internet e siti web con CMS dinamici in linguaggio Java, Php, Asp ed Aspx; realizzazione di siti E-commerce; Servizi SEO; Web-publishing; Content management; Web Advertising; Banner animati; Creazione e gestione invio newsletter; Concorsi Online; Screensaver; Giochi animati interattivi; Housing ed Hosting web. Creazione di siti internet esclusivi in base all’attività interessata, cercando di conoscere al meglio l’azienda o il privato, per poi poter evidenziare le principali caratteristiche da mettere in risalto. Layouts grafici ad alto impatto visivo con grafica mirata al target di riferimento. Progettazione di portali web statici e dinamici sviluppati su misura, professionali come e-commerce, blog, newsletter, con codice sempre finalizzato a rispettare le conformità richieste dal W3C...
REALIZZAZIONI DI SITI WEB
EBC Srl, si occupa della realizzazione di Siti Internet e siti web con CMS dinamici in linguaggio Java, Php, Asp ed Aspx; realizzazione di siti E-commerce; Servizi SEO; Web-publishing; Content management; Web Advertising; Banner animati; Creazione e gestione invio newsletter; Concorsi Online; Screensaver; Giochi animati interattivi; Housing ed Hosting web. Creazione di siti internet esclusivi in base all’attività interessata, cercando di conoscere al meglio l’azienda o il privato, per poi poter evidenziare le principali caratteristiche da mettere in risalto. Layouts grafici ad alto impatto visivo con grafica mirata al target di riferimento. Progettazione di portali web statici e dinamici sviluppati su misura, professionali come e-commerce, blog, newsletter, con codice sempre finalizzato a rispettare le conformità richieste dal W3C...
This v is presented by USEP's BSCS student Alvin Mark U. Cabeliño under Mr. ND Arquillano as a partial fulfilment for Elective 4 -E-Commerce It talks about Introduction to E-commerce.
This presentation by the Norwegian Competition Authority was made during a workshop on “Regulation and competition in light of digitalisation” held by the OECD in Paris on 31 January 2018. More papers and presentations on the topic can be found out at oe.cd/wrcd.
This presentation by Competition Bureau Canada was made during a workshop on “Regulation and competition in light of digitalisation” held by the OECD in Paris on 31 January 2018. More papers and presentations on the topic can be found out at oe.cd/wrcd.
This presentation by the UK Competition & Markets Authority was made during a workshop on “Regulation and competition in light of digitalisation” held by the OECD in Paris on 31 January 2018. More papers and presentations on the topic can be found out at oe.cd/wrcd.
This video is presented by USEP's BSCS 4 student Louie Paman Sanchez under Mr. ND Arquillano as a partial fulfillment for Elective 4 -E-Commerce It talks about:
Introduction to e-business and e-commerce
E-commerce Fundamentals
E-business Infrastructure
E-environment
Supply Chain Management
E-marketing
Customer relationship Management
Change Management
Analysis and Design: M-commerce
Management of Mobile commerce services
This v is presented by USEP's BSCS student Alvin Mark U. Cabeliño under Mr. ND Arquillano as a partial fulfilment for Elective 4 -E-Commerce It talks about Introduction to E-commerce.
This presentation by the Norwegian Competition Authority was made during a workshop on “Regulation and competition in light of digitalisation” held by the OECD in Paris on 31 January 2018. More papers and presentations on the topic can be found out at oe.cd/wrcd.
This presentation by Competition Bureau Canada was made during a workshop on “Regulation and competition in light of digitalisation” held by the OECD in Paris on 31 January 2018. More papers and presentations on the topic can be found out at oe.cd/wrcd.
This presentation by the UK Competition & Markets Authority was made during a workshop on “Regulation and competition in light of digitalisation” held by the OECD in Paris on 31 January 2018. More papers and presentations on the topic can be found out at oe.cd/wrcd.
This video is presented by USEP's BSCS 4 student Louie Paman Sanchez under Mr. ND Arquillano as a partial fulfillment for Elective 4 -E-Commerce It talks about:
Introduction to e-business and e-commerce
E-commerce Fundamentals
E-business Infrastructure
E-environment
Supply Chain Management
E-marketing
Customer relationship Management
Change Management
Analysis and Design: M-commerce
Management of Mobile commerce services
introduction to E-commerce, Electronic commerce, EDI, CS802E,
e-commerce ,edi ,electronic data interchange ,traditional commerce ,buyer and seller ,origin of e-commerce ,business process ,impact of e-commerce ,value chain analysis ,company value chain ,case studies on e-commerce ,advantages of e-commerce ,disadvantages of e-commerce
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Culturally, the Romans were eclectic, absorbing and adapting elements from the civilizations they encountered, particularly the Greeks. Roman art, literature, and philosophy reflected this synthesis, creating a rich cultural tapestry. Latin, the Roman language, became the lingua franca of the Western world, influencing numerous modern languages.
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Read| The latest issue of The Challenger is here! We are thrilled to announce that our school paper has qualified for the NATIONAL SCHOOLS PRESS CONFERENCE (NSPC) 2024. Thank you for your unwavering support and trust. Dive into the stories that made us stand out!
2. 2
Objectives
In this chapter, you will learn about:
• What electronic commerce is and how it is
experiencing a second wave of growth with a new
focus on profitability
• Why companies now concentrate on revenue models
and the analysis of business processes instead of
business models when they undertake electronic
commerce initiatives
3. 3
Objectives (continued)
• How economic forces have created a
business environment that is fostering the
second wave of electronic commerce
• How businesses use value chains and SWOT
analysis to identify electronic commerce
opportunities
• The international nature of electronic
commerce and the challenges that arise in
engaging in electronic commerce on a global
scale
4. 4
Electronic Commerce: The Second
Wave
• Electronic commerce (e-commerce)
– Businesses trading with other businesses and
internal processes
• Electronic business (e-business)
– Term used interchangeably with e-commerce
5. 5
Categories of Electronic
Commerce
• Five general e-commerce categories:
– Business-to-consumer
– Business-to-business
– Business processes
– Consumer-to-consumer
– Business-to-government
• Supply management or procurement
– Departments are devoted to negotiating purchase
transactions with suppliers
7. 7
Categories of Electronic Commerce
(continued)
• Transaction
– An exchange of value
• Business processes
– The group of logical, related, and sequential
activities and transactions in which businesses
engage
• Telecommuting or telework
– Employees log in to company computers through
the Internet instead of traveling to the office
10. 10
The Development and Growth of
Electronic Commerce
• Electronic funds transfers (EFTs)
– Also called wire transfers
– Electronic transmissions of account exchange
information over private communications networks
• Electronic data interchange (EDI)
– Transmitting computer-readable data in a
standard format to another business
11. 11
The Development and Growth of
Electronic Commerce (continued)
• Trading partners
– Businesses that engage in EDI with each other
• Value-added network (VAN)
– Independent firm that offers connection and
transaction-forwarding services to buyers and
sellers engaged in EDI
13. 13
The Second Wave of Electronic
Commerce
• Defining characteristics of the first wave:
– Dominant influence of U.S. businesses
– Extensive use of the English language
– Many new companies started with outside investor
money
– Unstructured use of e-mail
– Over-reliance on advertising as a revenue source
14. 14
The Second Wave of Electronic
Commerce (continued)
• Second wave:
– Global enterprises in many countries are
participating in electronic commerce
– Established companies fund electronic commerce
initiatives with their own capital
– Customized e-mail strategies are now integral to
customer contact
15. 15
Business Models, Revenue Models,
and Business Processes
• Business model
– A set of processes that combine to yield a profit
• Revenue model
– A specific collection of business processes used
to:
• Identify customers
• Market to those customers
• Generate sales to those customers
16. 16
Advantages of Electronic
Commerce
• Electronic commerce can increase sales and
decrease costs
• If advertising is done well on the Web, it can
get a firm’s promotional message out to
potential customers in every country
• Using e-commerce sales support and order-
taking processes, a business can:
– Reduce costs of handling sales inquiries
– Provide price quotes
17. 17
Advantages of Electronic
Commerce (continued)
• It increases purchasing opportunities for
buyers
• Negotiating price and delivery terms is easier
• The following cost less to issue and arrive
securely and quickly:
– Electronic payments of tax refunds
– Public retirement
– Welfare support
18. 18
Disadvantages of Electronic
Commerce
• Perishable grocery products are much harder
to sell online
• It is difficult to:
– Calculate return on investment
– Integrate existing databases and transaction-
processing software into software that enables e-
commerce
• Cultural and legal obstacles also exist
19. 19
Economic Forces and Electronic
Commerce
• Two conditions of a market
– Potential sellers of a good come into contact with
potential buyers
– A medium of exchange is available
20. 20
Transaction Costs
• Transaction costs are the total costs that a
buyer and seller incur
• Significant components of transaction costs:
– Cost of information search and acquisition
– Investment of the seller in equipment or in the
hiring of skilled employees to supply products or
services to the buyer
21. 21
Using Electronic Commerce to
Reduce Transaction Costs
• Businesses and individuals can use
electronic commerce to reduce transaction
costs by:
– Improving the flow of information
– Increasing coordination of actions
22. 22
Strategic Business Unit Value
Chains
• Value chain
– A way of organizing the activities that each
strategic business unit undertakes
• Primary activities include:
– Designing, producing, promoting, marketing,
delivering, and supporting the products or services
it sells
• Supporting activities include:
– Human resource management and purchasing
24. 24
Industry Value Chains
• Value system
– Larger stream of activities into which a particular
business unit’s value chain is embedded
– Also referred to as industry value chain
26. 26
SWOT Analysis: Evaluating
Business Unit Opportunities
• In SWOT analysis:
– An analyst first looks into the business unit to
identify its strengths and weaknesses
– The analyst then reviews the operating
environment and identifies opportunities and
threats
29. 29
International Nature of Electronic
Commerce
• Companies with established reputations:
– Often create trust by ensuring that customers
know who they are
– Can rely on their established brand names to
create trust on the Web
• Customers’ inherent lack of trust in
“strangers” on the Web is logical and to be
expected
30. 30
Language Issues
• To do business effectively in other cultures a
business must adapt to those cultures
• Researchers have found that customers are
more likely to buy products and services from
Web sites in their own language
• Localization
– Translation that considers multiple elements of the
local environment
31. 31
Culture Issues
• An important element of business trust is
anticipating how the other party to a
transaction will act in specific circumstances
• Culture:
– Combination of language and customs
– Varies across national boundaries
– Varies across regions within nations
32. 32
Infrastructure Issues
• Internet infrastructure includes:
– Computers and software connected to the Internet
– Communications networks over which message
packets travel
• Organization for Economic Cooperation and
Development’s (OECD) statements on Information
and Communications Policy deal with
telecommunications infrastructure development
issues
35. 35
Summary
• Commerce
– Negotiated exchange of goods or services
• Electronic commerce
– Application of new technologies to conduct
business more effectively
• First wave of electronic commerce
– Ended in 2000
• Second wave of electronic commerce
– New approaches to integrating Internet
technologies into business processes
36. 36
Summary (continued)
• Using electronic commerce, businesses have:
– Created new products and services
– Improved promotion, marketing, and delivery of
existing offerings
• The global nature of electronic commerce
leads to many opportunities and few
challenges
• To conduct electronic commerce across
international borders, you must understand
the trust, cultural, language, and legal
issues