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Electronic Commerce As Defined By Salvatore
Research Paper – Electronic Commerce Frank Bentley BUSI 620–Global Economic Perspective Liberty University December 7, 2014 Introduction to
Electronic Commerce Electronic commerce as defined by Salvatore (2013) "refers to the production, advertising, sale, and distribution of products and
services from business to business and from business to consumer through the Internet" (p. 150). Consequently, e–commerce is now essential for
businesses to be able to compete in the global marketplace. "E–commerce is now being used in all types of business, including manufacturing
companies, retail stores, and service firms. E–commerce has made business processes more reliable and efficient" (Smith, K.T., 2011, p.3). this paper
will outline those perspectives in regards to the origin of E–commerce, Business to Business E–commerce, Business to consumer E–commerce,
Consumer to Consumer E–commerce, and legal environment of E–commerce. E–Commerce Origin E–commerce can be traced all the way back to the
invention of the first computers in 1950. During the early stages many organizations didn't have access to electronic data interchange due to it being
relatively expense. In order for organizations to attain a competitive advantage, compete within their respective industry, or market, e–commerce needs
to be implemented within the core business practice. As stated by Smith (2011), "E–commerce is now being utilized in all facets of business, including
manufacturing companies, retail
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Essay Electronic Commerce (E-Commerce) and the Global...
Electronic Commerce (E–Commerce) and the Global Economy
Introduction
The world we live in today, revolves around technology, new innovations and constant change. The global economy incorporates these changes into its
daily applications forming a technological driven world where businesses thrive on information and competitive markets. Computers and
communication networks have planted a seed in this information age where enterprises flourish forming revolutionized market economies. One of the
most profound changes emerging in the world of business today is the introduction and use of Electronic Commerce or EC. The impact of EC on
customer services as well on businesses is dramatic enough to affect any and every organization. ... Show more content on Helpwriting.net ...
Founded in September 1995, eBay is the World's largest Online Marketplace for the sale of goods and services by a diverse community of individuals
and businesses. It is a global trading platform where people can trade almost anything, from buttons to big ticket appliances. Some other uses of
Business to consumer EC applications include:
Electronic banking
also known as cyber banking. It allows its clients to pay their bills, view their accounts and any other financial information without having to physically
go to a bank. One can access their account by submitting a password at their own convenience. For instance, SNFB– Security First Network Bank was
the first virtual bank offering secure bank transactions on the Web. Bank customers can transfer money between accounts, review past statements and
credit card transactions, pay bills, check balances of all accounts etc. Their operations were so successful that in 1998 they accepted a buyout offer for
its online banking operations from Royal Bank of Canada that continues to operate successfully today. (IT 403)
Online stock trading
An Online trade usually costs between $5–$30 as compared to an average fee of $100 from a broker. The advantages of online stock trading include
quick access, orders can be placed from anywhere, any time, and
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How Electronic Commerce Is Affecting American Industry Essay
ELECTRONIC–Commerce How It Is Affecting American Industry
The Internet over the past few years has seen a huge increase in online businesses and consumers. Electronic–commerce is expected to generate $36
billion in revenue during 1999, up 140% from last year alone.[1] With such a huge amount of money to be made on the Internet it is becoming very
appealing for small businesses and start–up companies to try and make their niche in e–commerce. The Internet is drastically affecting the way
companies and people conduct business now. E–commerce encourages growth in existing as well as new businesses because of lower overhead costs,
the huge consumer base and the freedom of information flow. However the online revolution has created a large... Show more content on
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This also gives the consumer much more information and freedom over their purchases. The greatest thing about the Internet is the immense amount of
information that is supplied by the online businesses. Companies can now cater directly to the consumers needs through a comprehensive website
which details their exact information. Consumers also have the freedom to shop around on numerous other sites or do research on the product from
their homes. A store can only provide the product with the limited information given on a box or by a third party that does not always give you the
freedom to search and find the important information needed to make purchases. The Information Super–Highway gives the consumer total control
over there needs because of the information that is distributed.
There is however a downside to e–commerce. People do not feel completely confident about buying online as of yet. When you make a purchase on the
Internet you must give your credit card or other important information like social security numbers and e–mail addresses. Customers are also weary
about giving away this kind of information because some companies use this information to find information on their customers and even sell it to
other companies. The Internet is also a new medium that does not yet have many laws governing it, which can also lead to some misgivings by
consumers.
The freedom that the Internet creates makes it easy for companies to flourish with giving their
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China International Electronic Commerce Center
Mr. Ma was born in China in 1964 and graduated in English 1988 to become a teacher. He was exposed to several opportunities for instance going to
America to gain knowledge about the use of internet. Ma borrowed 2000$ from his relatives to launch China's commercial website called China Pages.
He moved to Beijing in 1998 to work for the Ministry of Foreign Trade and Economic Cooperation as the head of International Department of the China
international electronic COmmerce Center and designed their first government website for China. By gathering a total of 18 friends, he explained to
them what he visioned and compensated them Rimini– which is the currency chinese use. In 1999, Alibaba was launched registered in Hong Kong with
the 60000$ ... Show more content on Helpwriting.net ...
Creator of Yahoo! Search engine, John Wu, joined Alibaba and Jack Ma appointed him as the Chief Technology Officer of Alibaba. It became the
world 's largest online global trading with 2000 members and 70% was chinese. This lead to many e–commerces ventures in China based on the
popularity it was receiving. Alibaba focused on SME's and became its WTO to help small and medium Enterprises grow. Because the internet was
getting well liked by the people of china, Alibaba became known to be the largest online business to business trading platform for the small businesses.
Their products and services included electronics, apparel, auto and transportation 's, electronic payment services, logistics operations, etc. 1688.com,
was their chinese portal that offered domestic business to business trade internally in China. AliExpress.com, was their transaction based reati website
that gave buyers the opportunities to buy small goods at a wholesale prices.. With their operations based in China, although it has grown to be a global
organizational platform, it focused on china as their main target.
4 main challenges
Competition in the eCommerce Market: 1600 employees in sales departments that helped built their supplier community.
Dotcom Bubble Burst: companies filed for bankruptcy since revenues were dropping from internet advertising. By initiating the B2C strategy, Alibaba
was back to business stronger than ever. The B2C involved 1) Back to China–
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Online Wallets : The India 's Largest Electronic Commerce...
Immediate Refunds, Fast Payments, Smooth Withdrawals– With All New Flipkart Money
Nowadays, online wallets are basically in trend and eminence. This is so because they are used for different kinds of convenience, advantage and
accessibility. Not only this, but the online wallets are also used for the required immediate service they provide to the customers. Recently, when an
online wallet comes to our mind, it always hints for some names like Paytm, Freecharge, Mobikwik etc and what not.
To start with, in the year 2014, Flipkart launched an online secure wallet named PayZippy. Apparently, the company was unable to sell as many as
products to various customers due to some issues. Hence, as it failed to do so along with the secured payment option, it perhaps shut down PayZippy in
August 2014.
How 'Flipkart Money' came into being?
Probably now, Flipkart Ltd is being considered as the India's largest electronic commerce firm among all other online retail stores. After the sudden shut
down of its payment gateway PayZippy 18 months ago, it has now again launched the online mobile wallet option or rather the 'Flipkart Money'
recently for its chain of consumers throughout the country. Flipkart money is accessible in every mobile operating system Android as a mobile wallet
app. The re–launch of this mobile app is actually powered by the company FX Mart Pvt. Ltd. The development of this app comes after Flipkart
acquired this company last year. The initiatives were made in the month
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The Electronic Commerce And The Internet
The introduction chapter will be explaining the purpose of research. The research background, questions and limitation will be presented.
1.1Background
Nowadays, millions of people joined Internet in daily life. According to Internet World Stats' statistics (2012) today more than two billion people linked
to the Internet. The Internet mass use promotes the electronic commerce rapid expansion in the 20th century. The electronic commerce has been
changed of the traditional way people shop. According to Turban et al (2000) defined the e–commerce is an emerging concept the process of buying,
selling, exchanging product, service and information through Internet. The Internet has created a new market for both customers and business firms, the
... Show more content on Helpwriting.net ...
Young people and women are the primary target of Internet retailers. In particular, university students are higher percent of online shoppers. University
students spends $200 billion online market each year, and average students available discretionary spending total $287 monthly (Gardyn, 2002).
University students are the main target groups of online shopping due to they are frequently use computer in order to they have rich online experience
and enjoy online activities. According to Xia and Munroe (2004), students incomes are most from their parents without a lot of expendable income and
thus the price is easily stimulate students. The consumers are prefers to purchase online due to discount sales. When they shop online they can find
more cheaper products or service than in traditional retailer. Such as, the SECRETSALES.com is the most famous discount sales website. Another
popular fashionable retailers ASOS.com is much cheaper than high street stores. Consequently, this is another reason for growth of consumersshopping
over Internet. The consumer chose purchase online due to conveniently provides consumer more information and choices to compare product and
price. Joines et al (2003) claims that the certain characteristics of online shopping are ability to making purchase for consumers conveniently and
efficiency compared to the traditional way of shopping, such as the ability to view and purchase
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Computer Security Systems Report : A Literature Review For...
CSci530 Computer Security Systems report: A literature review for Electronic Commerce Security
Zhiheng Chu
4398125439
zchu@usc.edu
I have read the Guide to Avoiding Plagiarism published by the student affairs office. I understand what is expected of me with respect to properly
citing sources, and how to avoid representing the work of others as my own. I wrote the material in this paper, except for such material that is quoted
or indented and properly cited to indicate the sources of the material. I understand that using the words of others, and simply tagging the sentence,
paragraph, or section with a tag to the copied source does not constitute proper citation and that if such material is used verbatim or paraphrased it must
be ... Show more content on Helpwriting.net ...
Then we turn to counter part to current widespread defense technologies and solutions in industry against those attacks.
Key words: electronic commerce; security;
I.Introduction
After a successful IPO, the electronic commercial (E–Commerce) colossus Alibaba boasts a world–class market capital of $231.4 billion according to
the FORTUNE magazine [1]. With the huge success of Alibaba's IPO, E
–Commerce is considered as one of the most important and promising business
in world. Then what is e–commerce? It is commonly exchanging goods or services via Internet. Today you can get all retail brands via their online
presence and even private goods. Moreover, e–Commerce also includes business–to–business (B2B) transactions between manufacturers and suppliers
or distributors or other business parties.
E–Commerce enables online–to–offline (O2O) mode, which is ordering or purchasing online and delivering offline. Recently, there are more and more
retail brands, including BestBuy, supporting multi–channel retail, which is offering in–store pick–up service for online purchasing. Not limited to the
online retail, e–Commerce systems are also widespread for the services industry. All leading commercial banks provide their online banking entrance on
both mobile devices and Internet. Such kind of entrance allows users to retrieve bank statements, issue transactions, pay bills, invest in stock market
and get financial support online.
Thus to ensure the
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The Growth Of Electronic Commerce
Growth of Electronic Commerce Commerce is the activity of buying or selling things. When two person come together to change things in return of
something they are doing business. Traditionally, trade was done by meeting in person with the buyer or seller but that doesn't hold true in the 21st
century. Today most of the business have adopted electronic form of business. John B. Horrigan writes, "Two
–thirds (66%) of online Americans say
they have purchased a product online, such as a book, toy, music, or clothing." Many people have moved on with online shopping for some good
reasons that comes with it. One of the reason is it being convenient. E–commerce provides option of home delivery which saves effort of actually going
to the store and move around to make a choice. Buying online means to just seat on your couch and make a selection without even moving from
your place. The best part of it is that you just have to place the order and it gets delivered at your doorsteps. Number of internet users have been
increasing since 2000, but the online transaction rate has been increasing more rapidly. 78% of internet users either agree (53%) or agree strongly
(25%) with the proposition that shopping online is convenient for them (Horrigan). The other reason why electronic form of business is popular is
that it saves a lot of time to people. While it makes convenient to buy almost everything from home, it also save time to travel to and from the store.
Horrigan says that 68% of
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Amazon Inc. An American International Electronic Commerce...
Amazon.com Inc is an American international electronic commerce company that started off as an online book store under the old name of
cadabra.com. Under the direction of Jeff Bezos, who incorporated the company in 1994, Amazon quickly expanded their scopes by selling various
other items, besides just books, in order to create its now famous brand name. Today, Amazon sells "everything from A to Z," hence the brand name,
and has taken control of the online shopping market as the world's leading online retailer in the world (Fabrice Guillaume's e–Portfolio, EST 325:
Amazon.com). With all of these various products and services, Amazon has had to develop a divisional structure. This flexible structure works well
for Amazon because the department heads for different departments of products and services get to focus on those resources and results as well as
stay inclined with the organization's performance. The CEO oversees the Chief Financial Officer (CFO), as well as the 8 departments: E–Commerce
Platform, Business Development, International Retail, Web Services, Digital Media, North American Retail, Legal and Secretary, and Kindle. The
CFO's departments are the Real Estate and Control department, while International Retail oversees the Chinese, European, and Indian departments.
There are numerous other departments as well, but the main idea is that the company is devised into numerous divisions, allowing for the flexible
management structure be successful (Fabrice Guillaume's
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Electronic Commerce And The Era Of The Internet
1.INTRODUCTION The first section of the report targets the research by giving an explanation of the diverse parts of the subject matter. Also, this
section clarifies the plenty of reasons to undertake this research. 1.1Introduction of the study In general, electronic commerce is the process of buying
and selling goods or services using electronic systems between organisations and in business–to–consumers (Saxena, 2013). With the passage of time, it
has become an important trait in the era of the internet. As a result of a research which had been conducted by the University of California, Los
Angeles, and Centre for communication Policy (2001), it has been found that internet shopping is the 3rd most favoured task on the internet,... Show
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Despite the heavy expansion and encouraged viewpoint towards the advancement of the internet shopping in the future, unfavourable features are also
becoming regularly attached to it. Consequently, though this process seems to be very user–friendly, there are a number of risks attached to it. For
instance, Internet provides very insufficient protection for the use carrying out the credit card transactions as well as sharing personal information of
the consumers (Pallab, 1996). Another concern of consumers is about buying a product without touching and testing it physically from an unknown
vendor. Thus, consumers perceive some amount of risk while buying products online. Alternatively, it can be said that buyers may worry about the
quality of the purchased product whether it will work as it is intended to be or not. Also, the effort made in doing shopping and money spent, all can
go in waste. Various researches have been carried out on e–commerce and it has found various elements that has developed this inconsistency. Among
all, trust of the consumer has been found to be of the major concern (Wang and Emurian, 2005). What is Trust? In the framework of e–commerce, trust
has been defined as the concept which makes buyers have confidence in the truthfulness of the vendors (Gefen, 2004). Towards the aim of this
research, Trust is the perspective of the buyers with respect to e–commerce
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The Impact Of Electronic Commerce On The Development Of...
I.ABSTRACT
With respect to the fast–growing use of technology and communicative devices, electronic commerce and digital markets has steadily impacted the
expansion of information systems, organizations, and society, on a global scale. The discussion of cultural differences as it relates toelectronic
commerce was identified while analyzing primary factors that markets should take into account. The characteristics and trends of each country examine
the utilization of the Internet and electronic commerce. With attempts to compare the United States and other countries, it is revealed that electronic
commerce goes beyond files residing on a server, it involves the entirety of infrastructure necessary for transactions, customer services, ... Show more
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Electronic commerce is global in nature and the international markets, which represent immense potential on expanding businesses, neglecting cultural
differences.
III.LITERATURE REVIEW:
Electronic Commerce
Electronic commerce (or e–commerce) consists of the repurchasing of different services and products, utilized by the internet. This includes
business–to–business (B2B), business–to–consumer (B2C), and consumer–to–consumer(C2C) transactions. These transferable activities include, but
are not limited to, online retail sales, online bill paying, supplier purchases, and Web–based auctions. Electronic commerce implements and utilizes
several different types of technologies including transactions of funds, electronic data interchange, credit cards, and e–mail (Reference for Business,
Encyclopedia of Management, 2008). The term e–commerce is often used interchangeably with Electronic business (e–business). E–business refers to
the use of digital technology and the Internet to execute the major business processes in the enterprise. E–business includes activities for the internal
management of the firm and for coordination with suppliers and other business partners (Laudon, K., 12th ed., p. 55). E–commerce facilitates the
growth of online business. It is categorized as follows; Online marketing, online advertising, online sales, product delivery, product
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Electronic Commerce : Methodology Of Working Together...
abstract: Electronic Commerce is methodology of working together through machine systems. An individual sitting on his seat before a machine can
get to all the offices of the Internet to purchase or offer the items. Dissimilar to conventional business that is completed physically with exertion of an
individual to go & get items, ecommerce has made it simpler for human to decrease physical work and to spare time. E–Commerce which was begun
in ahead of schedule 1990 's has taken an incredible jump in the realm of machines, yet the way that has obstructed the development of e–business is
security. Security is the test confronting e–business today & there is still a considerable measure of headway made in the field of security. The principle
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Introduction: Electronic installment frameworks are integral to on–line business handle as organizations search for approaches to serve clients speedier
and at lower cost. Developing developments in the installment for merchandise and administrations in electronic trade guarantee to offer an extensive
variety of new business open doors. Electronic installment frameworks and e–trade are profoundly interfaced given that on–line purchasers must pay
for items and administrations. Obviously, installment is a fundamental piece of the trade process and brief installment is significant. On the off chance
that the cases and charges of the different members (buyers, organizations and banks) are not adjusted on account of installment postponement, then the
whole business chain is upset. Henceforth a paramount part of e– trade is provoke and secure installment, clearing, and settlement of credit or charge
claims. To go around some of these issues, dealers developed different types of installment instruments. The shippers additionally created business law
encompassing the utilization of these instruments that turned out to be one of the defining moments in the historical backdrop of exchange and trade.
We are very nearly a comparative kind of advancement today, however one that is unrealistic to take anyplace close to the hundreds of years it took for
the customary installment framework to develop. Everybody concurs that the
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E Commerce ( Electronic Commerce Or Ec )
E–commerce (Electronic Commerce or EC) is the purchasing and offering of merchandise and administrations, or the transmitting of trusts or
information, over an electronic system, principally the Internet. These business exchanges happen either business–to–business, business–to–customer,
buyer to–purchaser or shopper to–business. The terms e–trade and e–business are frequently utilized reciprocally. The term e–tail is additionally in
some cases utilized as a part of reference to value–based procedures around online retail. E–business is led utilizing a mixed bag of utilizations, for
example, email, fax, online lists and shopping baskets, Electronic Data Interchange (EDI), File Transfer Protocol, and Web administrations. The greater
part of this is business–to–business, with a few organizations endeavoring to utilize email and fax for spontaneous promotions (normally saw as spam)
to buyers and different business prospects, and additionally to convey e–pamphlets to supporters. The advantages of e–trade incorporate its all day and
all night accessibility, the velocity of access, a more extensive choice of merchandise and administrations, openness, and worldwide span. Its apparent
drawbacks incorporate here and there constrained client administration, not having the capacity to see or touch an item preceding buy, and the required
sit tight time for item transporting. To guarantee the security, protection and viability of e–trade, organizations ought to verify business
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Electronic Commerce And E Commerce
E–commerce Definition Electronic commerce or e–commerce is a term for any type of business, or commercial transaction, which involves the transfer
of information across the Internet. It is often associated exclusively with online consumer shopping, but the term extends beyond that category.
Additional businesses covered under the umbrella of e–commerce includes online auction sites, such as EBay, and businesses that exchange both goods
and services.[3] History The history of e–commerce is often contributed to Michael Aldrich. After a visit to a local grocery store, Aldrich was inspired
to build a new way to sell groceries. In 1979 he used a television, and a two–way messaging platform, called Videotex, to design what is thought of as...
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This spearheaded the growth of the internet as a whole. [1,2] 1994 brought in the next set of changes. Netscape Navigator was introduced this year.
This was significant because Netscape introduced encryption certificates. This encryption made exchanges of all kinds online more secure, which was
a barrier holding back the growth of the e–commerce, and the internet as a whole. 1994 also brought along with it the creation of Yahoo! Although
the domain name wasn't actually secured until January of 1995. This was important because of how young and new the internet was. Those who
weren't deeply involved in the computers, and specifically the internet, struggled to navigate the web and locate what they specifically wanted. [2]
The next year brought with it an online bookstore called Cadabra that would quickly be changed to Amazon. Founded by Jeff Bezos, Amazon
would go on to pressure many brick and mortar bookstores out of business. Within their first 5 years of business, they expanded beyond simply
selling books by also offering things such as DVDs, video games, electronics, and even. They are currently a Fortune 500 company, and the #1
online retailer bringing in approximate 79 billion dollars in online revenue per year (as of 2014.) [1,4,10] 1995 was also the year that Pierre Omidyar
started what would grow to become EBay. EBay boast itself as the world biggest marketplace. EBay's model was not that of a normal
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Wal Walmart's Electronic Commerce Platform
Wal–Mart seeks to Outperform Amazon's Electronic Commerce Platform It is no secret that when the holidays are near, big retail companies work
extra hard to stock enough products to meet consumer demand. Immediately, two huge retailers come to mind: Wal–Mart and Amazon. The two
companies dominate their markets by landslides. Wal–Mart is Forbes 500 number one company, and it has been for the past three years (Forbes, 2015).
However, Wal–Mart is feeling some opposition from the electronic commerce champ, Amazon. Amazon, who ranks 29 in the Forbes 500 list of 2015,
is the biggest challenger Wal–Mart has faced (Forbes, 2015). With its increase in merchandise categories, to introducing one–hour deliveries, Amazon is
a force to be ... Show more content on Helpwriting.net ...
Wal–Mart CFO Charles Holley said, in an interview made by Teach (2015), that Wal–Mart spends $12 billion to $13 billion a year on e–commerce. He
also mentioned that Wal–Mart "will increase spending on e–commerce initiatives by 30%" for the duration of that year (Teach, 2015). This is not a bad
investment because it is focusing on the area Wal–Mart is not dominating. Unfortunately, Wal–Mart is wasting time and money investing in small stores
to continue their expansion and desire to get closer to its customers. This approach is Wal–Mart's biggest issue because it deviates the efforts of
acquiring a reliable e–commerce platform capable of competing with Amazon. Whether Wal–Mart is doing the right thing or not is not in question;
they are in the top for a reason. However, if Wal–Mart wants to stay on top, it has to manage its investments wisely.
One of Amazon's advantages over Wal–Mart is that it does not have to supply over 4,500 stores, including 600 Sam's. Wal–Mart's distribution centers
are made for supplying its array of sores, which is an issue for Wal–Mart because Amazon's supply chain is tailored to its e–commerce platform.
According to Bonney (2012), Amazon has "69 online distribution centers in the U.S. and abroad." This platform allows it to sell its products from the
comforts of its customer's home, office, or any
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E Commerce Vs. Electronic Commerce
There are plenty of ways to define the definition of E–commerce. For example, according to the Oxford Dictionary, E–commerce or electronic
commerce is the commercial transaction that conducted electronically on the Internet. Some people define E–commerce as the processes of buying,
selling, or exchanging products, services, and information by using the computer network technology such as the Internet. E–commerce does not only
provide the function of buying and selling goods and services online via digital mediums such as Internet, but the function facilitating the entire
purchasing and selling processes for both sellers and buyers (JENNEX, AMOROSO and ADELAKUN, 2004). The website INVESTOPEDIA.com
stated that E–commerce is one type of the... Show more content on Helpwriting.net ...
E–commerce has built a nearly perfect market because immediate and people are able to compare the offerings from numerous sellers worldwide. The
growth of E–commerce has numerous advantages over the traditional stores or brick–and–mortar stores, which include greater flexibility, improved
market outreach, lower cost structures, faster transactions, broader product lines, greater convenience, and customization (Srinivasan, Anderson and
Ponnavolu, 2002). E–commerce provides opportunities to businesses especially in developing countries to access to the global market and reduce the
transaction costs, and also helps developing countries to overcome the world economy problems (Lawrence and Tar, 2010). Since E–commerce enables
all businesses from anywhere in the world to access to the global market, all people have equally chance to compete with the others. Without
E–commerce, it is almost impossible for small–medium enterprises (SMEs) to compete with the large organizations due to the amount of the capitals
that makes the larger organizations to hold the advantages over the smaller organizations. E–commerce is involved the use of the information
technology (IT) to improve the communications and transactions with all of an organization's stakeholders. E–commerce is also used as a new
innovation strategy to raise business competitiveness,
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Electronic Commerce and Easy Page
Chapter 5 Electronic Commerce True/False Questions T F 1. E–commerce is commerce, but it is commerce accelerated and enhanced by IT, in
particular the Internet. Answer: True Level: Easy Page: 170 T F 2. The B2C segment is where the dollar volume of e–commerce has always been
widely expected to be concentrated. Answer: False Level: Medium Page: 172 T F 3. Demand aggregation combines purchase requests from multiple
buyers into a single large order, which justifies a discount from the business. Answer: True Level: Easy Page: 181 T F 4. The B2B e
–commerce
segment is relatively small compared to the B2C e–commerce segment. Answer: False Level: Medium Page: 170 T F 5. Smart cards are plastic cards
the size... Show more content on Helpwriting.net ...
Rivalry among existing competitors is high when competition in the industry is fierce. Answer: True Level: Easy Page: 176 T F 27. The technology
present in e–commerce has intensified competition in almost every industry. Answer: True Level: Medium Page: 176 T F 28. As a result of
technology, buyer power has increased in most industries. Answer: True Level: Medium Page: 177 T F 29. Digital products are typically the best
products to offer in a B2C environment Answer: True Level: Medium Page: 181 T F 30. For a consumer, a commoditylike product is the same no
matter where it is purchased. Answer: True Level: Easy Page: 179 T F 31. Digital products are expensive to deliver. Answer: False Level: Medium
Page: 181 92 Test Bank, Chapter 5 T F 32. Mass customization refers to designing products which appeal to as many people as possible. Answer: False
Level: Medium Page: 181 T F 33. Maintenance, repair, and operations materials are also referred to as direct materials. Answer: False Level: Easy
Page: 181 T F 34. A reverse auction occurs when a seller posts a list of items for sale and then accepts bids from interested buyers. Answer: False
Level: Easy Page: 181 T F 35. An electronic marketplace or e–marketplace is an interactive business providing a centralized market where many
buyers and suppliers can come together for e–commerce or commerce–related activities. Answer: True Level: Easy Page:
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Zappos, an Electronic Commerce Information System
Abstract
As times evolve, so do the tools businesses use to keep up with the competition. One tool widely used is an information system. Such a system allows
businesses to input process and store information. Zappos.com is one of the many businesses that use an information system.
The system that Zappos.com uses is an electronic commerce information system. This system allows Zappos.com to provide great customer service,
which is the company's mission. Many employees are needed to run the different components of the electronic commerce information system, some
employees are new and others are seasoned workers. There are managers that train and oversee the production and service provided by employees.
The electronic commerce information ... Show more content on Helpwriting.net ...
Once the merchandise has been selected, another department is in charge of taking pictures and preparing information that the customers can see and
read when they access the Zappos.com website. After a customer picks out merchandise, a department oversees the processing of the payment and the
shipping of the merchandise to the customer. Should there be any issues or concerns, a customer service department is available to assist customers.
Inputs, Outputs, and Organizational Usage
Webpage
Zappos.com is divided up into different sections. Employees enter information such as sizing charts, or lists of brands. Other sections include house
wares, beauty, and handbags. Employees are in charge of developing and maintaining these different sections.
Merchandise
An information system calculates and predicts growing trends. Reports are analyzed to determine the merchandise that will be purchased. Once
merchandise is purchased, pictures and descriptions of items are entered into a system to be displayed online. The quantity of merchandise is also
imputed to provide accurate information of available merchandise.
Transactions
Customers view different merchandise online. Once they decide to purchase an item, they must input various information. The first step is usually to
indicate the quantity and size of the merchandise. Second, customers enter or create their login information. Third,
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The Objectives Of Learning Mobile Electronic Commerce
The objectives of learning Mobile Electronic Commerce are:
To view new and existing Opportunities in MEC.
To understand the nature oforganizations as open systems and reasons for implementing and utilizing e–Commerce.
Modifications that needs to take place in the organizations to effectively implement MEC.
Role of Performance Management in improvingorganization's performance in e–commerce.
Importance of Customer Orientation in MEC.
Operational and Strategic Outcomesof MEC in order to achieve Customer Orientation and Organizational Strategic Competitive Advantage.
The Mobile Electronic Commerce environment is a competitive environment and it is based on digital technologies, strategies, and competitive
methods. Enhancing the ... Show more content on Helpwriting.net ...
Through the adoption ofsome sort of the digital approach this can be possible. Such approach includes the applications ofm–commerce and
e–commerce, aimed at the customer.
The potential benefits ofdigital–based strategicapproaches of m–commerce and e–commerce have not been questioned. Achieving such benefits has a
concern among current practicing managers and scholars alike. The rush to join the e–crowd have made many organizations utilize a me–too approach
to the implementation of m–commerce and e–commerce. These organizations lack the systematic and integrated strategy needed to realize the potential
benefits ofdigital technologies. These organizations do not have a complete, well–integrated digital strategy. A piecemeal approach, coupled with
me–too orientation will result in anineffective implementation of strategic e–solutions, such as m–commerce and e–commerce. This leads to investing
in attractive technologies without having well defined strategy to use such technologies strategically. This approach to implement digital–based
technologies, such as m–commerce and e–commerce, is bound to fail, as it lacks the strategic focus needed to support the customer orientation.
To avoid wasting resources and efforts, organizations must approach the process of implementation and utilization ofthese technologies strategically
and systematically. This process must contains a well–defined,
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Computer Security Systems Report : A Brief Review For...
CSci530 Computer Security Systems report: A brief review for Electronic Commerce Security
Zhiheng Chu
4398125439
zchu@usc.edu
I have read the Guide to Avoiding Plagiarism published by the student affairs office. I understand what is expected of me with respect to properly
citing sources, and how to avoid representing the work of others as my own. I wrote the material in this paper, except for such material that is quoted
or indented and properly cited to indicate the sources of the material. I understand that using the words of others, and simply tagging the sentence,
paragraph, or section with a tag to the copied source does not constitute proper citation and that if such material is used verbatim or paraphrased it must
be specifically ... Show more content on Helpwriting.net ...
Then we turn to counter part to current widespread defense technologies and solutions in industry against those attacks.
Key words: electronic commerce; security;
I.Introduction
After a successful IPO, the electronic commercial (E–Commerce) colossus Alibaba boasts a world–class market capital of $231.4 billion according to
the FORTUNE magazine [1]. With the huge success of Alibaba's IPO, E
–Commerce is considered as one of the most important and promising business
in world. Then what is e–commerce? It is commonly exchanging goods or services via Internet. Today you can get all retail brands via their online
presence and even private goods. Moreover, e–Commerce also includes business–to–business (B2B) transactions between manufacturers and suppliers
or distributors or other business parties.
E–Commerce enables online–to–offline (O2O) mode, which is ordering or purchasing online and delivering offline. Recently, there are more and more
retail brands, including BestBuy, supporting multi–channel retail, which is offering in–store pick–up service for online purchasing. Not limited to the
online retail, e–Commerce systems are also widespread for the services industry. All leading commercial banks provide their online banking entrance on
both mobile devices and Internet. Such kind of entrance allows users to retrieve bank statements, issue transactions, pay bills, invest in stock market
and get financial support online.
Thus to ensure the
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Electronic Commerce ( E Commerce )
The development of new technological innovations, such as the Internet, has brought on changes for the market. The Internet offers a world–wide
network, which connects millions of individuals and businesses and creates a global marketplace with huge business opportunities (E–business,
eEurope, n.d). More and more companies have discovered the advantage of using the Internet as a communication tool to reach consumers at any place
and at any time. This also enables consumers to search and gather information about products and services online. The word e–commerce refers to all
transactions online. Electronic commerce (e–commerce) is the area in which we are to do our research and throughout this dissertation we will discuss
consumer trust in ... Show more content on Helpwriting.net ...
Thus, there is a need for promoting trust and confidence on the Internet. For consumers, security and privacy issues are seen as barriers to shopping
online (Windham & Orton, 2000). They want their identity and personal information to be confidential, due to fear of being exposed to online fraud
(Petrovic et al., 2003). People are more willing to take risks with people or organizations which they trust. The potential risk in e– commerce is greater
because of the anonymity, distance and lack of physical interactions (Cazier, Shao & St. Louis, 2006). Many elements of personal interaction that are
used in the offline environment, for example, facial expression, gesture and body language, are lost or not applicable in an online environment
(Grabner–KrГ¤uter & Kaluscha, 2003). Many consumers appreciate the real shopping experience of touching things and trying items on. So, in order
to understand why people do or do not engage in e– commerce activities, it is important to study online trust (Cazier et al., 2006).
Trust is an essential tool for a transaction to take place, both in an online and offline environment. In e–commerce, the Internet vendors as well as their
websites can be trust building sources in themselves. So, it is important for companies to learn how to manage consumers' trust in e–commerce.
Although, building consumer trust on the Internet is a challenge for online vendors. For this
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Retailing in Electronic Commerce: Products and Services
Chapter 3 Retailing in Electronic Commerce: Products and Services Learning Objectives Upon completion of this chapter, you will be able to: 1.
Describe electronic retailing (e–tailing) and its characteristics. 2. Define and describe the primary e–tailing business models. 3. Describe how online
travel and tourism services operate and their impact on the industry. 4. Discuss the online employment market, including its participants, benefits, and
limitations. 5. Describe online real estate services. 6. Discuss online stock–trading services. 7. Discuss cyberbanking and online personal finance. 8.
Describe on–demand delivery by e–grocers. 9. Describe the delivery of digital products and online entertainment. 10.... Show more content on
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2.List the benefits of online travel services to travelers and to service providers. Online travel services provide the benefits of large amounts of free
information, 24/7 availability and the potential for significant reductions in price. 3.What role do software (intelligent) agents have in travel services?
What future applications may be possible? Intelligent agents could provide a service to travel customers by providing buyer–seller negotiations. Future
applications would allow greater information flow for better pricing and decision making. Section 3.4 Review Questions 1.What are the driving forces
of the electronic job market? The electronic job market is driven by the volatile nature of the employment market itself and the constant change in
available positions and applicants. 2.What are the major advantages of the electronic job market to the candidate? To employers? A variety of
advantages are described in exhibit 3.6. 3.Describe the role of intelligent agents in the electronic job market. Intelligent agents can be used to search
and retrieve suitable positions for candidates and suitable candidates for employer positions. Section 3.5 Review Questions 1.List the major online real
estate applications. The major online real estate applications
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The Impact Of Electronic Commerce On The Development Of...
I.ABSTRACT
With respect to the fast–growing use of technology and communicative devices, electronic commerce and digital markets has steadily impacted the
expansion of information systems, organizations, and society, on a global scale. The discussion of cultural differences as it relates toelectronic
commerce was identified while analyzing primary factors that markets should take into account. The characteristics and trends of each country examine
the utilization of the Internet and electronic commerce. With attempts to compare the United States and other countries, it is revealed that electronic
commerce goes beyond files residing on a server, it involves the entirety of infrastructure necessary for transactions, customer services, ... Show more
content on Helpwriting.net ...
Electronic commerce is global in nature and the international markets, which represent immense potential on expanding businesses, neglecting cultural
differences.
III.LITERATURE REVIEW:
Electronic Commerce
Electronic commerce (or e–commerce) consists of the repurchasing of different services and products, utilized by the internet. This includes
business–to–business (B2B), business–to–consumer (B2C), and consumer–to–consumer(C2C) transactions. These transferable activities include, but
are not limited to, online retail sales, online bill paying, supplier purchases, and Web–based auctions. Electronic commerce implements and utilizes
several different types of technologies including transactions of funds, electronic data interchange, credit cards, and e–mail (Reference for Business,
Encyclopedia of Management, 2008). The term e–commerce is often used interchangeably with Electronic business (e–business). E–business refers to
the use of digital technology and the Internet to execute the major business processes in the enterprise. E–business includes activities for the internal
management of the firm and for coordination with suppliers and other business partners (Laudon, K., 12th ed., p. 55). E–commerce facilitates the
growth of online business. It is categorized as follows; Online marketing, online advertising, online sales, product delivery, product deliver,
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5: Electronic Commerce and Enterprise Resource Planning
Chapter 05: Electronic and Mobile Commerce and Enterprise Systems
TRUE/FALSE
1.The length of the sales process for the typical B2B sale is much longer and involves more decision makers than for the typical C2C sale.
ANS:TPTS:1REF:An Introduction To Electronic Commerce
2.The B2C market grabs more of the news headlines, but the B2B market is considerably larger and is growing more rapidly.
ANS:TPTS:1REF:An Introduction To Electronic Commerce
3.Forrester Research forecasts that the volume of mobile commerce will reach $31 billion by 2016 or about one–third of the total B2C e–commerce
sales.
ANS:FPTS:1REF:Mobile Commerce
4.The market for mobile commerce in North America is maturing much later than in Western... Show more content on Helpwriting.net ...
Capturing and gathering all data necessary to complete the processing of transactions is called data input.
ANS:FPTS:1REF:Transaction Processing Activities
22.An enterprise system ensures that the information needed for a single business function and all levels of management within that function is
available.
ANS:FPTS:1REF:Enterprise Resource Planning
23.Large organizations in the Fortune 1000 organizations were the first to take on the challenge of implementing ERP.
ANS:TPTS:1REF:Enterprise Resource Planning
24.Adoption of an ERP system enables an organization to eliminate dozens or even hundreds of separate systems and replace them with a single,
integrated set of applications for the entire enterprise.
ANS:TPTS:1REF:Enterprise Resource Planning
25.The implementation of an ERP system ensures good work processes based on so called best practices.
ANS:TPTS:1REF:Enterprise Resource Planning
26.Supply chain management software automates and integrates the functions of sales, marketing, and service in an organization.
ANS:FPTS:1REF:Enterprise Resource Planning
27.Managerial accounting consists of capturing and recording all the transactions that affect a company's financial state and then using these
documented transactions to prepare financial statements to external decision makers.
ANS:FPTS:1REF:Enterprise Resource Planning
28.Customer relationship management software
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Electronic Commerce And The Internet
Electronic commerce, commonly known as eCommerce, is a term for any type of business, or commercial transaction that involves the transfer of
information across the Internet. Most people believe it is only the buying and selling of product or service over the Internet and other computer
networks, but eCommerce is so much more. It covers a range of different types of businesses, from consumer–based retail, through auction or music
sites, to business exchanges trading goods and services between corporations (networksolutions.com). It is currently one of the most significant aspects
of the Internet to emerge. Ecommerce allows consumers to exchange goods and services without the barriers of time and distance. Electronic commerce
has expanded rapidly over the past two decades and, will likely, continue at this rate, or even accelerate. In the near future, the limits between
"conventional" and "electronic" commerce will become more distorted as more and more businesses move segments of their operations onto the
Internet. In today's world, consumers can access a wide variety of products on the web, due to the revolution created by Internet. Ranging from
clothes, gadgets, music, books, groceries and more, Internet has facilitated consumers to pick the products of their option and get it delivered to their
doorstep. Rather than leaving home to shop, today, people can place orders for the products they need with just a few clicks of the mouse. This
resulted in the popularity
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Electronic Commerce and Page Load Speed
STEPS FOR IMPROVEMENT IN FUTURE FOR FLIPKART By– Aditya Vardhan Singh Choudhary The e–Commerce market in India has enjoyed
phenomenal growth of almost 50% in the last five years. Although the trend of e–Commerce has been making rounds in India for 15 years, the
appropriate ecosystem has now started to fall in place. The considerable rise in the number of internet users, growing acceptability of online payments,
the more number of internet–enabled devices and favorable circumstances are the key factors driving the growth story of e–Commerce in the country.
The number of users making online transactions has been on a rapid growth trajectory, and it is expected to grow from... Show more content on
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CHANGING TRENDS IN INTERNET USE The mobile internet user base is growing, aided by the introduction of 3G data plans and declining
smartphone prices. Several smartphone models are available at less than Rs. 8000 in the Indian market. Mobile internet users are expected to account
for more than 60% of the user base in India, considering that their number is forecast to reach 200 million by 2015. Telecom operators are
incentivizing mobile internet usage by reducing tariffs and providing unlimited usage facilities. They are offering unlimited internet browsing plans at
a lowly price of Rs. 200 per month to their GSM customers. Within six months of the launch of 3G, the number of connections reached 10 million,
closely matching the number of broadband subscribers. UNDERDEVELOPED USER EXPERIENCE The growth of mobile internet is encouraging.
However, experience on e–Commerce websites also needs to be improved, since most of these sites are not optimized for use on mobile devices.
Furthermore, not all e–Commerce sites have developed mobile apps. Given that an increasing number of people would access internet on their mobile
devices, e–Commerce players need to step up and develop mobile websites and apps for major mobile platforms. MAKING YOUR PRESENCE FELT
ON 3rd PARTY WEBSITES It is one of the major solutions for your e–Commerce business as you should list your complete range of products on 3rd
party sites in order to get more attention and visitors. However,
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Electronic Commerce Essay
Analyze the role of EC in the modern business and social environments. Identify three international barriers to EC and evaluate their roles in the
success of EC. This assignment tests your analytical and critical thinking skills and your ability to synthesize concepts around topics. The paper should
be in APA format, 2–3 pages (not including reference page), with at least two references. With the introduction of internet, Ecommerce has taken its
supreme position in Today's industry. Ecommerce essentially means trading products and services by using computer through internet. It has three
important factors– Technology, Law Policy and finally Business Ecommerce was introduced in 1970s and, from then, its use has been exponential...
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Role of E–commerce in the Social environments: 1. The major role of social media in E–Commerce is to promote brand awareness. 2. Social media
helps passively showing that the brand interacts with their customers and is easily reachable. 3. Social media has cemented itself in today's society
and changed the way many of us communicate. Not only has it affected the way we interact at an individual level, but it has also started to impact the
way companies do business. E–commerce reduces delivery time and labor cost thus it has been possible to save the time of both – the vendor and the
consumer. Economic Effects of Ecommerce: 1. Reduction in transaction costs in Ecommerce compared to traditional commerce as Ecommerce
removes the traditional geographical and time barriers. 2. Ecommerce is of tremendous advantage to a layman, who does not understand the product–
which is new into the market– Ecommerce helps him make a decision by comparing the prices online and allows this comfort at his home rather than
driving to different locations and accessing the similar product at different stores. 3. Additionally another main advantage has been shipping of the
product to home which saves costs of transportation and time for the buyer. Business Effects of Ecommerce: 1. Various retail stores of a particular
product are now connected online and they would have a better idea of the costs incurred to get the product from the
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Electronic Commerce and Page Ref Essay
E–commerce 2013, 9e (Laudon/Traver)
Chapter 1 The Revolution Is Just Beginning
1) The growth of mobile e–commerce almost doubled from 2011 to 2012.
Answer: TRUE
Diff: 2 Page Ref: 8
AACSB: Reflective Thinking
2) Approximately 80% of adults in the United States use a social network on a daily basis.
Answer: FALSE
Diff: 2 Page Ref: 8
AACSB: Reflective Thinking
3) A company's online inventory control process is an example of e–business, as opposed to e–commerce.
Answer: TRUE
Diff: 2 Page Ref: 13
AACSB: Analytic Skills
4) Ubiquity increases cognitive energy outlays.
Answer: FALSE
Diff: 2 Page Ref: 16
AACSB: Analytic Skills
5) The fact that e–commerce is conducted on the basis of ... Show more content on Helpwriting.net ...
C) The mobile computing platform begins to rival the PC platform.
D) Real–time advertising becomes a reality with gains in computing power and speeds.
Answer: A
Diff: 2 Page Ref: 10–11
AACSB: Reflective Thinking
20) E–commerce can be defined as:
A) the use of the Internet and the Web to transact business.
B) the use of any Internet technologies in a firm's daily activities.
C) the digital enablement of transactions and processes within an organization.
D) any digitally enabled transactions among individuals and organizations.
Answer: A
Diff: 1 Page Ref: 12
AACSB: Reflective Thinking
21) Which of the following is not a unique feature of e–commerce technology?
A) interactivity
B) social technology
C) global broadcasting
D) richness
Answer: C
Diff: 2 Page Ref: 15
AACSB: Use of IT
22) The integration of video, audio, and text marketing messages into a single marketing message and consuming experience is an example of:
A) richness.
B) ubiquity.
C) information density.
D) personalization.
Answer: A
Diff: 2 Page Ref: 15
AACSB: Reflective Thinking
23) Which of the following qualities is least likely to decrease a consumer's search costs?
A) ubiquity
B) global reach
C) information density
D) richness
Answer: D
Diff: 3 Page Ref: 14–19
AACSB: Analytic Skills
24) Which of the following is the best definition of transaction cost?
A) the cost of changing
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Electronic Commerce ( Ec )
2.Introduction:
Electronic commerce (EC) provides a cost effective technique for organizations to marketplace their business, improve communication, identify
potential business partners, and launch new way to their customer to purchase products online.
Online buying is the process of selling and buying goods or services by using computer via internet. Since the development of www (World Wide
Web), vendors have looked for a way to sell their goods and products to people who like to spend time on the internet. Shoppers can visit web stores
from their houses and shop while they are sitting in front of their computer or laptop. Internet and online shopping has the ability to provide a lot of
types of businesses with the ability to rise up ... Show more content on Helpwriting.net ...
Once company set up an online shopping, time is to build up a strong customer satisfaction and trust to attract shopper through their website. SMEs's
employers should have the ability on how to communicate with their customer.
Hence, this project will be studying on the Athletic t–shirt via internet that would provide a safe and trustful online shopping, provide a new way for
customer to purchase goods or services via internet, and fit along with the business procedures and analytical tools to enhance the businesses which
would be trustful and safe.
3.Problem Statement:
The sub problems are:
–The slow art at which countries are adopting e–commerce and e–business
–Difficulties encountered when implementing online business.
–Problems faced by SME's.
–What are the problem face when Develop and implement an online marketplace by using online shopping.
The main problem is: Low usage of online shopping by SME.
Online shopping is generally presented in very positive terms but along the potential benefit come potential problems for poor and developing
countries. Nowadays, many SME are migrating or adapting to online shopping in order to contribute to a safer environment and for saving time. In
order to them to adapt to these methods, there are some problems faces by the SMEs especially among poor country. "One of the major issues is that,
most of the SMEs may be resistant to embrace online technologies due to perceived risks that include privacy and
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The Role of a Trusted Third Party in Enhancing Electronic...
The Role of Trusted Third Party in Enhancing Electronic Commerce Buying online used to be a bit of a gamble. There were so many ways hackers
could access personal information, or even companies online could sell that information without the consumer knowing. Moreover, it used to be
incredibly easy to make purchases with a stolen credit card. Luckily for all online shoppers, this is no longer the case. Third party companies like
Verisign and Trust–e are now strong providers of security measures which ensure that online transactions can be verified and trusted, therefore allowing
consumers to have greater trust in e–commerce and spend more online. Verisign is one popular company that acts as a third party to millions of
e–commerce transactions annually. The company provides authentication services for online e–commerce transactions so that online buyers are more
protected when buying products and services online from their favorite vendors and companies (Verisign 2012). They are now working with
Symantec–Norton, a major anti–virus and computer program protection software company that has gained a great share of consumer trust within the
marketplace. As part of this collaboration, Verisign also offers security services that are proven and trusted. One of their primary products is
providing companies with a digital security certificate "that authorizes that you are who you say you are" (Obringer 2011). The company also
provides Secure Socket Layer (SSL) Certificates, and
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Electronic Commerce : Global Positioning System
Introduction The first problem regarding Electronic Commerce was that there might not be enough material available for research. The applications of
Electronic Commerce are very common as countless business employee the technology to further their business abilities and potential (Gavish, 2001).
Business of different sizes among all major and minor industries continue to enter Electronic Commerce. Digital marketplaces have already torn down
the walls within and between companies, bringing together buyers and sellers in one interoperable community (Bezos, 1995), (Omidyar, 1995).
In this literature review we will go through the literature side of all components for all steps required for our project, "Travel XTream".
Below is a list of ... Show more content on Helpwriting.net ...
There is also a major spike in B2B Electronic Commerce in countries like India and China. In China the sales rose to 444 million pounds alone in
2011. Overall the global B2B Electronic Commerce transactions reached 12.4 trillion dollars in 2012 (Sila, 2013).
Service Based Applications (CBA)
Electronic Commerce has become such a massive and wide field of business, research and development that it even poured into the service based
applications of emerging electronic commerce systems that are available anytime, anywhere on personally computing systems i.e. Smartphone
(Mahmoud Manafi, 2011).
Security
Security is one of the first and most frequently presented issues in Electronic Commerce, for example online auction frauds (Lian & Michael, 2013).
Security is the largest obstacle for companies working via Electronic Commerce (Mandić, 2012). Consumers are highly concerned with the possibility
of having their details, required for online purchases, stolen or forwarded to other companies' i.e. spam advertisement.
Security Measures
Unfortunately personal detail theft is not the only risk of Electric Commerce (E–Commerce), Print Scan (P.S) attack is also a major problem. Though
for every problem and dysfunction there is also a solution i.e. watermarking in E–Commerce is the solution. Print Scan is the process is the process of
obtaining information from an ID card's or document's hologram or binary bar.
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Electronic Commerce Essay
Electronic commerce
One of the fastest growing industries today is electronic commerce. Almost anything can be purchased, traded, or sold all via the Internet. A person
sitting in their living room dressed in pajamas on a rainy Saturday morning in mid December can hookup to the internet and place their bid on a new
chess set for the holidays without ever setting foot in the department stores. They can pay for it with their credit card through a secure transaction and
have it delivered right to their door in a couple of days for less than they could get it retail. An article by Jan Thomas said that the electronic
commerce industry is booming and that it has grown at an alarming rate of over 2000 percent since last year. She ... Show more content on
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The consumer would log on to their Internet service provider and point their browser to one of many places depending on their needs. They can read
about the product features and benefits, see how it compared to other models in similar price ranges and even see color pictures. If they want to
purchase it, they can use their credit card without fear that the numbers will fall into the wrong hands. This is all done in much less time than it takes
to just drive to the mall. Another reason for the boom in online commerce is the fact that the price of computers has been driven down by the Asian
economy crisis. Families who could not afford a computer in the past now can. This holiday season the local Best Buy had a computer system
advertised for $499.98, which included a monitor and a printer. This time last year the lowest price on a complete system was around $1199.98.
According to a recent study by the Duncan group, only thirty–five percent of American households currently have a computer. About six percent of
them even knew that they could really purchase online. When asked if they would consider purchasing online, and overwhelming sixty–seven percent
said they would defiantly look on the Internet before going to the department stores (34–35E). According to one Best Buy store manager, they have
been selling computers at a rate of about 40–60 computers per day. As prices continue to fall and more and more
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Electronic Commerce and Overstock
Table of Contents A. Company Description3 a. Mission Statement & Vision3 b. Products & Services3 B. Executive Summary4 C.
Architecture & Enterprise Resource Planning (ERP)5D. Supply Chain Management (SCM) 6 c. Participants in Supply Chain6 d. Suppliers &
Order Management6 e. Suppliers & Financial Settlement6 E. Competition6 f. Analysis6 g. Competition Tracking7 h. Benchmarking7 F. SWOT
Analysis9 i. Strengths9 j. Weaknesses9 k. Opportunities10 l. Threats 11 G.Marketing12 m. Target Market12 n.... Show more content on
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The press and our customers have noticed the organizations excellent customer service. A article states, "24/7 Customer, a leading Customer
Lifecycle Management (CLM) solution provider helped Overstock.com to the # 2 slot in Customer Service among all U.S. retailers. Overstock.com
has been rewarded for its exemplary customer service and continued level of excellence. 24/7 Customer has been providing online and chat support
to Overstock.com for over four years announced today that it has once again earned the #2 spot in customer service rankings among all U.S. retailers,
according to rankings published in the 2010" (Business, 2010). In addition to excellent customer service, another way that they attract customers is by
offering a shipping price of $2.95 per order no matter what is ordered. Another main aspect of marketing is search engine marketing. "Over the last
several years, Overstock has been competing for traffic with search sites such as Google, forcing Overstock to spend large sums on search engine
marketing" (Stock, 2010). They have continued to invest money on search engine marketing to ensure that new customers are able to find them.
Architecture and ERP: Enterprise Resource Planning is an information system that serves all departments within an enterprise. Overstock utilizes an
Oracle bases product to reduce critical response times and to improve the customers shopping experience. This was implemented in 2008. "A
component of
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Electronic Commerce And Its Impact On The Internet And...
Due to rapid progress in the internet and cloud computing technologies, electronic commerce is becoming more and more popular. Many people and
businesses deal with their payment transactions via the Internet. In a conventional payment system, buyers and sellers transfer cash or payment
information through credit cards and checks, however in early electronic payment systems, online payment services must add capabilities to process
orders, accounts and receipts. As e–commerce has gradually grown, digital currency payment have become popularized. The technologies of credit
cards, electronic tickets, electronic cash (e–cash), and other advanced payment services have realized the vision of electronic commerce. Credit cards,
debit cards and ... Show more content on Helpwriting.net ...
Electronic cash payments are suggested to be made very cheaply, conveniently and quickly. Electronic Cash could potentially eliminate the need for a
person to have a major credit card number. For these transactions to work, the consumer and seller have to set up with the same type of electronic cash
and use compatible software. Major products include eCash by DigiCash and CyberCoin from CyberCash.
Thesis Statement
Smart cards and other forms of electronic cash present a huge advancement in technology, however the success of these two advancements
Purpose of the Paper
Electronic payments have become an integral part of e–commerce as well as a financial necessity for many payment systems. Many buyers and sellers
have been exploring new possibilities in e–commerce. Many users have tried to implement electronic cash, smart cards, and other forms of electronic
payment in their business transactions. In the past five decades, monumental technological developments have been created which force buyers and
sellers to accommodate to the new e–commerce business practices. This paper will be discussing the following key points:
History
Major Implementations/Types of E–Cash
Advantages/Disadvantages
Between 1997 and 2001, Canada and North America first introduced a new technology of electronic cash to replace physical cash for low–value
payments. The new technology was called Mondex and
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Business Case Study : Electronic Commerce
Electronic Commerce is the process of exchanging products and services or information with the help of computer networks, which includes the
Internet (Turban, King, McKay, Marshall, & Viehland, 2008). We can classify e
–commerce by their relationship among different participants in the
following types (Turban, King, McKay, Marshall, & Viehland, 2008).
Business–to–Business (B2B): All the participants in this model are business organizations. For example, Dell applications include B2B with their
suppliers (Turban, King, McKay, Marshall, & Viehland, 2008).
Business–to–Consumer (B2C): This is an e–commerce model where the business organizations sell products and services to individual shoppers. For
example, Amazon.com. E tailing is the other ... Show more content on Helpwriting.net ...
In 1969, Internet began life in the US and mainly used by government and its departments, researchers and scientists. In 1990s, the World Wide Web
came into existence and that is when e–commerce was coined. From then until today, e–commerce has seen both success as well as failures (Turban,
King, McKay, Marshall, & Viehland, 2008). The failure was mainly because the e–commerce field was going through consolidations and organizations
were trying different models and structures (Turban, King, McKay, Marshall, & Viehland, 2008). The other reason was giants like Amazon were
working on expanding their operations and generating increased sales. However, the future looks bright for e–commerce and the usefulness is starting
to materialize. As e–commerce expands, these benefits will increase significantly. E–Commerce offers benefits to business organizations, individuals
and the society (Turban, King, McKay, Marshall, & Viehland, 2008).
Benefits to Organization
EC helps in locating customers and suppliers around the globe at a reasonable cost. Processing information, storage and distribution at lower costs. It
helps to reduce delays, cost and inventories when coming to supply chain improvements (Turban, King, McKay, Marshall, & Viehland, 2008).
Transactions are 24/7/365. Talking about customization, it is according to the customers wish, quick and at reasonable cost. Sellers
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Electronic Commerce And E Commerce
Electronic Commerce
Electronic Commerce Defined Salvatore (2013) defines electronic commerce or e–commerce stating, "E–commerce refers to the production,
advertising, sale, and distribution of products and services from business to business and from business to consumer through the internet" (p. 150).
These activities can take place in many environments between businesses and consumers. E–commerce has changed the way goods and services are
exchanged and have given light to businesses and consumers to exist on a global scale without an established brand. With e–commerce defined, let us
look at its origin.
E–Commerce Origin
E–commerce has origins that trace back to the mid 1900s. In these times very few organizations had access to the very expensive electronic data
interchange (History of E–Commerce, n.d.). E–commerce is now being used in all types of business, including manufacturing companies, retail stores,
and service firms. E–commerce has made business processes more reliable and efficient. Consequently, e–commerce is now essential for businesses to
be able to compete in the global marketplace. "E–commerce is now being used in all types of business, including manufacturing companies, retail
stores, and service firms. E–commerce has made business processes more reliable and efficient" (Smith, K.T., 2011, p.3). Consequently, e–commerce is
now critical in order for businesses to compete in the global marketplace. Knowledge that was distributed over this network paved the
... Get more on HelpWriting.net ...
Electronic Payment Social Commerce Essay
Globetrotting Hotels is an example of a Virtual (pure–play) organization i.e. organizations that conduct their business solely online (Turban E. , Lee,
King, McKay, & Marshall, 2008), and for this reason e–payment is assumed to be the sole means of payment. (Snellman, Vesala, & Humphrey, 2001)
Defines e–payments as any payment service that makes use of information and communications technologies including Integrated Circuit (IC) cards,
cryptography and telecommunications. However, in this study, e–payment refers to all electronic transactions as payment for goods and services. An
electronic payment transaction is an execution of a protocol by which amount of money is taken from a payer and given to a payee (Akhilesh,
Abhishek, Suresh,... Show more content on Helpwriting.net ...
Direct Debit and Banking Services – This includes debit cards, Electronic Funds transfer, Electronic checks and Automated Clearing House (ACH).
Examples of ACH providers include BPay, GoPay and NetPay. (Montague, 2010). PayPal– "In the U.S., PayPal has emerged as a dominant player for
online and mobile payments, PayPal has 117 million active registered users across 190 markets" (Gupta, 2013). Accepting PayPal as a means of
payment will mean convenience for a good percentage of the target audience. Smartcards – are the next generation of mobile payment. GH could have a
smart card that records previous customer transactions and points earned. Customers will also be able to redeem points in any of the partner hotels for
services or overnight stay. However the loyalty points can also be sent to the customer's phone as a virtual token that can be redeemed appropriately.
Mobile payment – The GH website can also be optimized for mobile devices to enable customers search, book and pay from their mobile. In addition
they can also partner with the prevalent mobile money provider in the region where they have the most customers, so that mobile money can be
accepted as a means of payment for the unbanked in that region. 3.2. PAYMENT SECURITY Ensuring the security and privacy of sensitive customer
details is Key for business success. GH will need to comply with Payment Card Industry Data Security Standard (PCI DSS), since
... Get more on HelpWriting.net ...

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Electronic Commerce As Defined By Salvatore

  • 1. Electronic Commerce As Defined By Salvatore Research Paper – Electronic Commerce Frank Bentley BUSI 620–Global Economic Perspective Liberty University December 7, 2014 Introduction to Electronic Commerce Electronic commerce as defined by Salvatore (2013) "refers to the production, advertising, sale, and distribution of products and services from business to business and from business to consumer through the Internet" (p. 150). Consequently, e–commerce is now essential for businesses to be able to compete in the global marketplace. "E–commerce is now being used in all types of business, including manufacturing companies, retail stores, and service firms. E–commerce has made business processes more reliable and efficient" (Smith, K.T., 2011, p.3). this paper will outline those perspectives in regards to the origin of E–commerce, Business to Business E–commerce, Business to consumer E–commerce, Consumer to Consumer E–commerce, and legal environment of E–commerce. E–Commerce Origin E–commerce can be traced all the way back to the invention of the first computers in 1950. During the early stages many organizations didn't have access to electronic data interchange due to it being relatively expense. In order for organizations to attain a competitive advantage, compete within their respective industry, or market, e–commerce needs to be implemented within the core business practice. As stated by Smith (2011), "E–commerce is now being utilized in all facets of business, including manufacturing companies, retail ... Get more on HelpWriting.net ...
  • 2. Essay Electronic Commerce (E-Commerce) and the Global... Electronic Commerce (E–Commerce) and the Global Economy Introduction The world we live in today, revolves around technology, new innovations and constant change. The global economy incorporates these changes into its daily applications forming a technological driven world where businesses thrive on information and competitive markets. Computers and communication networks have planted a seed in this information age where enterprises flourish forming revolutionized market economies. One of the most profound changes emerging in the world of business today is the introduction and use of Electronic Commerce or EC. The impact of EC on customer services as well on businesses is dramatic enough to affect any and every organization. ... Show more content on Helpwriting.net ... Founded in September 1995, eBay is the World's largest Online Marketplace for the sale of goods and services by a diverse community of individuals and businesses. It is a global trading platform where people can trade almost anything, from buttons to big ticket appliances. Some other uses of Business to consumer EC applications include: Electronic banking also known as cyber banking. It allows its clients to pay their bills, view their accounts and any other financial information without having to physically go to a bank. One can access their account by submitting a password at their own convenience. For instance, SNFB– Security First Network Bank was the first virtual bank offering secure bank transactions on the Web. Bank customers can transfer money between accounts, review past statements and credit card transactions, pay bills, check balances of all accounts etc. Their operations were so successful that in 1998 they accepted a buyout offer for its online banking operations from Royal Bank of Canada that continues to operate successfully today. (IT 403) Online stock trading An Online trade usually costs between $5–$30 as compared to an average fee of $100 from a broker. The advantages of online stock trading include quick access, orders can be placed from anywhere, any time, and
  • 3. ... Get more on HelpWriting.net ...
  • 4. How Electronic Commerce Is Affecting American Industry Essay ELECTRONIC–Commerce How It Is Affecting American Industry The Internet over the past few years has seen a huge increase in online businesses and consumers. Electronic–commerce is expected to generate $36 billion in revenue during 1999, up 140% from last year alone.[1] With such a huge amount of money to be made on the Internet it is becoming very appealing for small businesses and start–up companies to try and make their niche in e–commerce. The Internet is drastically affecting the way companies and people conduct business now. E–commerce encourages growth in existing as well as new businesses because of lower overhead costs, the huge consumer base and the freedom of information flow. However the online revolution has created a large... Show more content on Helpwriting.net ... This also gives the consumer much more information and freedom over their purchases. The greatest thing about the Internet is the immense amount of information that is supplied by the online businesses. Companies can now cater directly to the consumers needs through a comprehensive website which details their exact information. Consumers also have the freedom to shop around on numerous other sites or do research on the product from their homes. A store can only provide the product with the limited information given on a box or by a third party that does not always give you the freedom to search and find the important information needed to make purchases. The Information Super–Highway gives the consumer total control over there needs because of the information that is distributed. There is however a downside to e–commerce. People do not feel completely confident about buying online as of yet. When you make a purchase on the Internet you must give your credit card or other important information like social security numbers and e–mail addresses. Customers are also weary about giving away this kind of information because some companies use this information to find information on their customers and even sell it to other companies. The Internet is also a new medium that does not yet have many laws governing it, which can also lead to some misgivings by consumers. The freedom that the Internet creates makes it easy for companies to flourish with giving their ... Get more on HelpWriting.net ...
  • 5. China International Electronic Commerce Center Mr. Ma was born in China in 1964 and graduated in English 1988 to become a teacher. He was exposed to several opportunities for instance going to America to gain knowledge about the use of internet. Ma borrowed 2000$ from his relatives to launch China's commercial website called China Pages. He moved to Beijing in 1998 to work for the Ministry of Foreign Trade and Economic Cooperation as the head of International Department of the China international electronic COmmerce Center and designed their first government website for China. By gathering a total of 18 friends, he explained to them what he visioned and compensated them Rimini– which is the currency chinese use. In 1999, Alibaba was launched registered in Hong Kong with the 60000$ ... Show more content on Helpwriting.net ... Creator of Yahoo! Search engine, John Wu, joined Alibaba and Jack Ma appointed him as the Chief Technology Officer of Alibaba. It became the world 's largest online global trading with 2000 members and 70% was chinese. This lead to many e–commerces ventures in China based on the popularity it was receiving. Alibaba focused on SME's and became its WTO to help small and medium Enterprises grow. Because the internet was getting well liked by the people of china, Alibaba became known to be the largest online business to business trading platform for the small businesses. Their products and services included electronics, apparel, auto and transportation 's, electronic payment services, logistics operations, etc. 1688.com, was their chinese portal that offered domestic business to business trade internally in China. AliExpress.com, was their transaction based reati website that gave buyers the opportunities to buy small goods at a wholesale prices.. With their operations based in China, although it has grown to be a global organizational platform, it focused on china as their main target. 4 main challenges Competition in the eCommerce Market: 1600 employees in sales departments that helped built their supplier community. Dotcom Bubble Burst: companies filed for bankruptcy since revenues were dropping from internet advertising. By initiating the B2C strategy, Alibaba was back to business stronger than ever. The B2C involved 1) Back to China– ... Get more on HelpWriting.net ...
  • 6. Online Wallets : The India 's Largest Electronic Commerce... Immediate Refunds, Fast Payments, Smooth Withdrawals– With All New Flipkart Money Nowadays, online wallets are basically in trend and eminence. This is so because they are used for different kinds of convenience, advantage and accessibility. Not only this, but the online wallets are also used for the required immediate service they provide to the customers. Recently, when an online wallet comes to our mind, it always hints for some names like Paytm, Freecharge, Mobikwik etc and what not. To start with, in the year 2014, Flipkart launched an online secure wallet named PayZippy. Apparently, the company was unable to sell as many as products to various customers due to some issues. Hence, as it failed to do so along with the secured payment option, it perhaps shut down PayZippy in August 2014. How 'Flipkart Money' came into being? Probably now, Flipkart Ltd is being considered as the India's largest electronic commerce firm among all other online retail stores. After the sudden shut down of its payment gateway PayZippy 18 months ago, it has now again launched the online mobile wallet option or rather the 'Flipkart Money' recently for its chain of consumers throughout the country. Flipkart money is accessible in every mobile operating system Android as a mobile wallet app. The re–launch of this mobile app is actually powered by the company FX Mart Pvt. Ltd. The development of this app comes after Flipkart acquired this company last year. The initiatives were made in the month ... Get more on HelpWriting.net ...
  • 7. The Electronic Commerce And The Internet The introduction chapter will be explaining the purpose of research. The research background, questions and limitation will be presented. 1.1Background Nowadays, millions of people joined Internet in daily life. According to Internet World Stats' statistics (2012) today more than two billion people linked to the Internet. The Internet mass use promotes the electronic commerce rapid expansion in the 20th century. The electronic commerce has been changed of the traditional way people shop. According to Turban et al (2000) defined the e–commerce is an emerging concept the process of buying, selling, exchanging product, service and information through Internet. The Internet has created a new market for both customers and business firms, the ... Show more content on Helpwriting.net ... Young people and women are the primary target of Internet retailers. In particular, university students are higher percent of online shoppers. University students spends $200 billion online market each year, and average students available discretionary spending total $287 monthly (Gardyn, 2002). University students are the main target groups of online shopping due to they are frequently use computer in order to they have rich online experience and enjoy online activities. According to Xia and Munroe (2004), students incomes are most from their parents without a lot of expendable income and thus the price is easily stimulate students. The consumers are prefers to purchase online due to discount sales. When they shop online they can find more cheaper products or service than in traditional retailer. Such as, the SECRETSALES.com is the most famous discount sales website. Another popular fashionable retailers ASOS.com is much cheaper than high street stores. Consequently, this is another reason for growth of consumersshopping over Internet. The consumer chose purchase online due to conveniently provides consumer more information and choices to compare product and price. Joines et al (2003) claims that the certain characteristics of online shopping are ability to making purchase for consumers conveniently and efficiency compared to the traditional way of shopping, such as the ability to view and purchase ... Get more on HelpWriting.net ...
  • 8. Computer Security Systems Report : A Literature Review For... CSci530 Computer Security Systems report: A literature review for Electronic Commerce Security Zhiheng Chu 4398125439 zchu@usc.edu I have read the Guide to Avoiding Plagiarism published by the student affairs office. I understand what is expected of me with respect to properly citing sources, and how to avoid representing the work of others as my own. I wrote the material in this paper, except for such material that is quoted or indented and properly cited to indicate the sources of the material. I understand that using the words of others, and simply tagging the sentence, paragraph, or section with a tag to the copied source does not constitute proper citation and that if such material is used verbatim or paraphrased it must be ... Show more content on Helpwriting.net ... Then we turn to counter part to current widespread defense technologies and solutions in industry against those attacks. Key words: electronic commerce; security; I.Introduction After a successful IPO, the electronic commercial (E–Commerce) colossus Alibaba boasts a world–class market capital of $231.4 billion according to the FORTUNE magazine [1]. With the huge success of Alibaba's IPO, E –Commerce is considered as one of the most important and promising business in world. Then what is e–commerce? It is commonly exchanging goods or services via Internet. Today you can get all retail brands via their online presence and even private goods. Moreover, e–Commerce also includes business–to–business (B2B) transactions between manufacturers and suppliers or distributors or other business parties. E–Commerce enables online–to–offline (O2O) mode, which is ordering or purchasing online and delivering offline. Recently, there are more and more retail brands, including BestBuy, supporting multi–channel retail, which is offering in–store pick–up service for online purchasing. Not limited to the online retail, e–Commerce systems are also widespread for the services industry. All leading commercial banks provide their online banking entrance on both mobile devices and Internet. Such kind of entrance allows users to retrieve bank statements, issue transactions, pay bills, invest in stock market and get financial support online.
  • 9. Thus to ensure the ... Get more on HelpWriting.net ...
  • 10. The Growth Of Electronic Commerce Growth of Electronic Commerce Commerce is the activity of buying or selling things. When two person come together to change things in return of something they are doing business. Traditionally, trade was done by meeting in person with the buyer or seller but that doesn't hold true in the 21st century. Today most of the business have adopted electronic form of business. John B. Horrigan writes, "Two –thirds (66%) of online Americans say they have purchased a product online, such as a book, toy, music, or clothing." Many people have moved on with online shopping for some good reasons that comes with it. One of the reason is it being convenient. E–commerce provides option of home delivery which saves effort of actually going to the store and move around to make a choice. Buying online means to just seat on your couch and make a selection without even moving from your place. The best part of it is that you just have to place the order and it gets delivered at your doorsteps. Number of internet users have been increasing since 2000, but the online transaction rate has been increasing more rapidly. 78% of internet users either agree (53%) or agree strongly (25%) with the proposition that shopping online is convenient for them (Horrigan). The other reason why electronic form of business is popular is that it saves a lot of time to people. While it makes convenient to buy almost everything from home, it also save time to travel to and from the store. Horrigan says that 68% of ... Get more on HelpWriting.net ...
  • 11. Amazon Inc. An American International Electronic Commerce... Amazon.com Inc is an American international electronic commerce company that started off as an online book store under the old name of cadabra.com. Under the direction of Jeff Bezos, who incorporated the company in 1994, Amazon quickly expanded their scopes by selling various other items, besides just books, in order to create its now famous brand name. Today, Amazon sells "everything from A to Z," hence the brand name, and has taken control of the online shopping market as the world's leading online retailer in the world (Fabrice Guillaume's e–Portfolio, EST 325: Amazon.com). With all of these various products and services, Amazon has had to develop a divisional structure. This flexible structure works well for Amazon because the department heads for different departments of products and services get to focus on those resources and results as well as stay inclined with the organization's performance. The CEO oversees the Chief Financial Officer (CFO), as well as the 8 departments: E–Commerce Platform, Business Development, International Retail, Web Services, Digital Media, North American Retail, Legal and Secretary, and Kindle. The CFO's departments are the Real Estate and Control department, while International Retail oversees the Chinese, European, and Indian departments. There are numerous other departments as well, but the main idea is that the company is devised into numerous divisions, allowing for the flexible management structure be successful (Fabrice Guillaume's ... Get more on HelpWriting.net ...
  • 12. Electronic Commerce And The Era Of The Internet 1.INTRODUCTION The first section of the report targets the research by giving an explanation of the diverse parts of the subject matter. Also, this section clarifies the plenty of reasons to undertake this research. 1.1Introduction of the study In general, electronic commerce is the process of buying and selling goods or services using electronic systems between organisations and in business–to–consumers (Saxena, 2013). With the passage of time, it has become an important trait in the era of the internet. As a result of a research which had been conducted by the University of California, Los Angeles, and Centre for communication Policy (2001), it has been found that internet shopping is the 3rd most favoured task on the internet,... Show more content on Helpwriting.net ... Despite the heavy expansion and encouraged viewpoint towards the advancement of the internet shopping in the future, unfavourable features are also becoming regularly attached to it. Consequently, though this process seems to be very user–friendly, there are a number of risks attached to it. For instance, Internet provides very insufficient protection for the use carrying out the credit card transactions as well as sharing personal information of the consumers (Pallab, 1996). Another concern of consumers is about buying a product without touching and testing it physically from an unknown vendor. Thus, consumers perceive some amount of risk while buying products online. Alternatively, it can be said that buyers may worry about the quality of the purchased product whether it will work as it is intended to be or not. Also, the effort made in doing shopping and money spent, all can go in waste. Various researches have been carried out on e–commerce and it has found various elements that has developed this inconsistency. Among all, trust of the consumer has been found to be of the major concern (Wang and Emurian, 2005). What is Trust? In the framework of e–commerce, trust has been defined as the concept which makes buyers have confidence in the truthfulness of the vendors (Gefen, 2004). Towards the aim of this research, Trust is the perspective of the buyers with respect to e–commerce ... Get more on HelpWriting.net ...
  • 13. The Impact Of Electronic Commerce On The Development Of... I.ABSTRACT With respect to the fast–growing use of technology and communicative devices, electronic commerce and digital markets has steadily impacted the expansion of information systems, organizations, and society, on a global scale. The discussion of cultural differences as it relates toelectronic commerce was identified while analyzing primary factors that markets should take into account. The characteristics and trends of each country examine the utilization of the Internet and electronic commerce. With attempts to compare the United States and other countries, it is revealed that electronic commerce goes beyond files residing on a server, it involves the entirety of infrastructure necessary for transactions, customer services, ... Show more content on Helpwriting.net ... Electronic commerce is global in nature and the international markets, which represent immense potential on expanding businesses, neglecting cultural differences. III.LITERATURE REVIEW: Electronic Commerce Electronic commerce (or e–commerce) consists of the repurchasing of different services and products, utilized by the internet. This includes business–to–business (B2B), business–to–consumer (B2C), and consumer–to–consumer(C2C) transactions. These transferable activities include, but are not limited to, online retail sales, online bill paying, supplier purchases, and Web–based auctions. Electronic commerce implements and utilizes several different types of technologies including transactions of funds, electronic data interchange, credit cards, and e–mail (Reference for Business, Encyclopedia of Management, 2008). The term e–commerce is often used interchangeably with Electronic business (e–business). E–business refers to the use of digital technology and the Internet to execute the major business processes in the enterprise. E–business includes activities for the internal management of the firm and for coordination with suppliers and other business partners (Laudon, K., 12th ed., p. 55). E–commerce facilitates the growth of online business. It is categorized as follows; Online marketing, online advertising, online sales, product delivery, product ... Get more on HelpWriting.net ...
  • 14. Electronic Commerce : Methodology Of Working Together... abstract: Electronic Commerce is methodology of working together through machine systems. An individual sitting on his seat before a machine can get to all the offices of the Internet to purchase or offer the items. Dissimilar to conventional business that is completed physically with exertion of an individual to go & get items, ecommerce has made it simpler for human to decrease physical work and to spare time. E–Commerce which was begun in ahead of schedule 1990 's has taken an incredible jump in the realm of machines, yet the way that has obstructed the development of e–business is security. Security is the test confronting e–business today & there is still a considerable measure of headway made in the field of security. The principle ... Show more content on Helpwriting.net ... Introduction: Electronic installment frameworks are integral to on–line business handle as organizations search for approaches to serve clients speedier and at lower cost. Developing developments in the installment for merchandise and administrations in electronic trade guarantee to offer an extensive variety of new business open doors. Electronic installment frameworks and e–trade are profoundly interfaced given that on–line purchasers must pay for items and administrations. Obviously, installment is a fundamental piece of the trade process and brief installment is significant. On the off chance that the cases and charges of the different members (buyers, organizations and banks) are not adjusted on account of installment postponement, then the whole business chain is upset. Henceforth a paramount part of e– trade is provoke and secure installment, clearing, and settlement of credit or charge claims. To go around some of these issues, dealers developed different types of installment instruments. The shippers additionally created business law encompassing the utilization of these instruments that turned out to be one of the defining moments in the historical backdrop of exchange and trade. We are very nearly a comparative kind of advancement today, however one that is unrealistic to take anyplace close to the hundreds of years it took for the customary installment framework to develop. Everybody concurs that the ... Get more on HelpWriting.net ...
  • 15. E Commerce ( Electronic Commerce Or Ec ) E–commerce (Electronic Commerce or EC) is the purchasing and offering of merchandise and administrations, or the transmitting of trusts or information, over an electronic system, principally the Internet. These business exchanges happen either business–to–business, business–to–customer, buyer to–purchaser or shopper to–business. The terms e–trade and e–business are frequently utilized reciprocally. The term e–tail is additionally in some cases utilized as a part of reference to value–based procedures around online retail. E–business is led utilizing a mixed bag of utilizations, for example, email, fax, online lists and shopping baskets, Electronic Data Interchange (EDI), File Transfer Protocol, and Web administrations. The greater part of this is business–to–business, with a few organizations endeavoring to utilize email and fax for spontaneous promotions (normally saw as spam) to buyers and different business prospects, and additionally to convey e–pamphlets to supporters. The advantages of e–trade incorporate its all day and all night accessibility, the velocity of access, a more extensive choice of merchandise and administrations, openness, and worldwide span. Its apparent drawbacks incorporate here and there constrained client administration, not having the capacity to see or touch an item preceding buy, and the required sit tight time for item transporting. To guarantee the security, protection and viability of e–trade, organizations ought to verify business ... Get more on HelpWriting.net ...
  • 16. Electronic Commerce And E Commerce E–commerce Definition Electronic commerce or e–commerce is a term for any type of business, or commercial transaction, which involves the transfer of information across the Internet. It is often associated exclusively with online consumer shopping, but the term extends beyond that category. Additional businesses covered under the umbrella of e–commerce includes online auction sites, such as EBay, and businesses that exchange both goods and services.[3] History The history of e–commerce is often contributed to Michael Aldrich. After a visit to a local grocery store, Aldrich was inspired to build a new way to sell groceries. In 1979 he used a television, and a two–way messaging platform, called Videotex, to design what is thought of as... Show more content on Helpwriting.net ... This spearheaded the growth of the internet as a whole. [1,2] 1994 brought in the next set of changes. Netscape Navigator was introduced this year. This was significant because Netscape introduced encryption certificates. This encryption made exchanges of all kinds online more secure, which was a barrier holding back the growth of the e–commerce, and the internet as a whole. 1994 also brought along with it the creation of Yahoo! Although the domain name wasn't actually secured until January of 1995. This was important because of how young and new the internet was. Those who weren't deeply involved in the computers, and specifically the internet, struggled to navigate the web and locate what they specifically wanted. [2] The next year brought with it an online bookstore called Cadabra that would quickly be changed to Amazon. Founded by Jeff Bezos, Amazon would go on to pressure many brick and mortar bookstores out of business. Within their first 5 years of business, they expanded beyond simply selling books by also offering things such as DVDs, video games, electronics, and even. They are currently a Fortune 500 company, and the #1 online retailer bringing in approximate 79 billion dollars in online revenue per year (as of 2014.) [1,4,10] 1995 was also the year that Pierre Omidyar started what would grow to become EBay. EBay boast itself as the world biggest marketplace. EBay's model was not that of a normal ... Get more on HelpWriting.net ...
  • 17. Wal Walmart's Electronic Commerce Platform Wal–Mart seeks to Outperform Amazon's Electronic Commerce Platform It is no secret that when the holidays are near, big retail companies work extra hard to stock enough products to meet consumer demand. Immediately, two huge retailers come to mind: Wal–Mart and Amazon. The two companies dominate their markets by landslides. Wal–Mart is Forbes 500 number one company, and it has been for the past three years (Forbes, 2015). However, Wal–Mart is feeling some opposition from the electronic commerce champ, Amazon. Amazon, who ranks 29 in the Forbes 500 list of 2015, is the biggest challenger Wal–Mart has faced (Forbes, 2015). With its increase in merchandise categories, to introducing one–hour deliveries, Amazon is a force to be ... Show more content on Helpwriting.net ... Wal–Mart CFO Charles Holley said, in an interview made by Teach (2015), that Wal–Mart spends $12 billion to $13 billion a year on e–commerce. He also mentioned that Wal–Mart "will increase spending on e–commerce initiatives by 30%" for the duration of that year (Teach, 2015). This is not a bad investment because it is focusing on the area Wal–Mart is not dominating. Unfortunately, Wal–Mart is wasting time and money investing in small stores to continue their expansion and desire to get closer to its customers. This approach is Wal–Mart's biggest issue because it deviates the efforts of acquiring a reliable e–commerce platform capable of competing with Amazon. Whether Wal–Mart is doing the right thing or not is not in question; they are in the top for a reason. However, if Wal–Mart wants to stay on top, it has to manage its investments wisely. One of Amazon's advantages over Wal–Mart is that it does not have to supply over 4,500 stores, including 600 Sam's. Wal–Mart's distribution centers are made for supplying its array of sores, which is an issue for Wal–Mart because Amazon's supply chain is tailored to its e–commerce platform. According to Bonney (2012), Amazon has "69 online distribution centers in the U.S. and abroad." This platform allows it to sell its products from the comforts of its customer's home, office, or any ... Get more on HelpWriting.net ...
  • 18. E Commerce Vs. Electronic Commerce There are plenty of ways to define the definition of E–commerce. For example, according to the Oxford Dictionary, E–commerce or electronic commerce is the commercial transaction that conducted electronically on the Internet. Some people define E–commerce as the processes of buying, selling, or exchanging products, services, and information by using the computer network technology such as the Internet. E–commerce does not only provide the function of buying and selling goods and services online via digital mediums such as Internet, but the function facilitating the entire purchasing and selling processes for both sellers and buyers (JENNEX, AMOROSO and ADELAKUN, 2004). The website INVESTOPEDIA.com stated that E–commerce is one type of the... Show more content on Helpwriting.net ... E–commerce has built a nearly perfect market because immediate and people are able to compare the offerings from numerous sellers worldwide. The growth of E–commerce has numerous advantages over the traditional stores or brick–and–mortar stores, which include greater flexibility, improved market outreach, lower cost structures, faster transactions, broader product lines, greater convenience, and customization (Srinivasan, Anderson and Ponnavolu, 2002). E–commerce provides opportunities to businesses especially in developing countries to access to the global market and reduce the transaction costs, and also helps developing countries to overcome the world economy problems (Lawrence and Tar, 2010). Since E–commerce enables all businesses from anywhere in the world to access to the global market, all people have equally chance to compete with the others. Without E–commerce, it is almost impossible for small–medium enterprises (SMEs) to compete with the large organizations due to the amount of the capitals that makes the larger organizations to hold the advantages over the smaller organizations. E–commerce is involved the use of the information technology (IT) to improve the communications and transactions with all of an organization's stakeholders. E–commerce is also used as a new innovation strategy to raise business competitiveness, ... Get more on HelpWriting.net ...
  • 19. Electronic Commerce and Easy Page Chapter 5 Electronic Commerce True/False Questions T F 1. E–commerce is commerce, but it is commerce accelerated and enhanced by IT, in particular the Internet. Answer: True Level: Easy Page: 170 T F 2. The B2C segment is where the dollar volume of e–commerce has always been widely expected to be concentrated. Answer: False Level: Medium Page: 172 T F 3. Demand aggregation combines purchase requests from multiple buyers into a single large order, which justifies a discount from the business. Answer: True Level: Easy Page: 181 T F 4. The B2B e –commerce segment is relatively small compared to the B2C e–commerce segment. Answer: False Level: Medium Page: 170 T F 5. Smart cards are plastic cards the size... Show more content on Helpwriting.net ... Rivalry among existing competitors is high when competition in the industry is fierce. Answer: True Level: Easy Page: 176 T F 27. The technology present in e–commerce has intensified competition in almost every industry. Answer: True Level: Medium Page: 176 T F 28. As a result of technology, buyer power has increased in most industries. Answer: True Level: Medium Page: 177 T F 29. Digital products are typically the best products to offer in a B2C environment Answer: True Level: Medium Page: 181 T F 30. For a consumer, a commoditylike product is the same no matter where it is purchased. Answer: True Level: Easy Page: 179 T F 31. Digital products are expensive to deliver. Answer: False Level: Medium Page: 181 92 Test Bank, Chapter 5 T F 32. Mass customization refers to designing products which appeal to as many people as possible. Answer: False Level: Medium Page: 181 T F 33. Maintenance, repair, and operations materials are also referred to as direct materials. Answer: False Level: Easy Page: 181 T F 34. A reverse auction occurs when a seller posts a list of items for sale and then accepts bids from interested buyers. Answer: False Level: Easy Page: 181 T F 35. An electronic marketplace or e–marketplace is an interactive business providing a centralized market where many buyers and suppliers can come together for e–commerce or commerce–related activities. Answer: True Level: Easy Page: ... Get more on HelpWriting.net ...
  • 20. Zappos, an Electronic Commerce Information System Abstract As times evolve, so do the tools businesses use to keep up with the competition. One tool widely used is an information system. Such a system allows businesses to input process and store information. Zappos.com is one of the many businesses that use an information system. The system that Zappos.com uses is an electronic commerce information system. This system allows Zappos.com to provide great customer service, which is the company's mission. Many employees are needed to run the different components of the electronic commerce information system, some employees are new and others are seasoned workers. There are managers that train and oversee the production and service provided by employees. The electronic commerce information ... Show more content on Helpwriting.net ... Once the merchandise has been selected, another department is in charge of taking pictures and preparing information that the customers can see and read when they access the Zappos.com website. After a customer picks out merchandise, a department oversees the processing of the payment and the shipping of the merchandise to the customer. Should there be any issues or concerns, a customer service department is available to assist customers. Inputs, Outputs, and Organizational Usage Webpage Zappos.com is divided up into different sections. Employees enter information such as sizing charts, or lists of brands. Other sections include house wares, beauty, and handbags. Employees are in charge of developing and maintaining these different sections. Merchandise An information system calculates and predicts growing trends. Reports are analyzed to determine the merchandise that will be purchased. Once merchandise is purchased, pictures and descriptions of items are entered into a system to be displayed online. The quantity of merchandise is also imputed to provide accurate information of available merchandise. Transactions Customers view different merchandise online. Once they decide to purchase an item, they must input various information. The first step is usually to indicate the quantity and size of the merchandise. Second, customers enter or create their login information. Third, ... Get more on HelpWriting.net ...
  • 21. The Objectives Of Learning Mobile Electronic Commerce The objectives of learning Mobile Electronic Commerce are: To view new and existing Opportunities in MEC. To understand the nature oforganizations as open systems and reasons for implementing and utilizing e–Commerce. Modifications that needs to take place in the organizations to effectively implement MEC. Role of Performance Management in improvingorganization's performance in e–commerce. Importance of Customer Orientation in MEC. Operational and Strategic Outcomesof MEC in order to achieve Customer Orientation and Organizational Strategic Competitive Advantage. The Mobile Electronic Commerce environment is a competitive environment and it is based on digital technologies, strategies, and competitive methods. Enhancing the ... Show more content on Helpwriting.net ... Through the adoption ofsome sort of the digital approach this can be possible. Such approach includes the applications ofm–commerce and e–commerce, aimed at the customer. The potential benefits ofdigital–based strategicapproaches of m–commerce and e–commerce have not been questioned. Achieving such benefits has a concern among current practicing managers and scholars alike. The rush to join the e–crowd have made many organizations utilize a me–too approach to the implementation of m–commerce and e–commerce. These organizations lack the systematic and integrated strategy needed to realize the potential benefits ofdigital technologies. These organizations do not have a complete, well–integrated digital strategy. A piecemeal approach, coupled with me–too orientation will result in anineffective implementation of strategic e–solutions, such as m–commerce and e–commerce. This leads to investing in attractive technologies without having well defined strategy to use such technologies strategically. This approach to implement digital–based technologies, such as m–commerce and e–commerce, is bound to fail, as it lacks the strategic focus needed to support the customer orientation. To avoid wasting resources and efforts, organizations must approach the process of implementation and utilization ofthese technologies strategically and systematically. This process must contains a well–defined, ... Get more on HelpWriting.net ...
  • 22. Computer Security Systems Report : A Brief Review For... CSci530 Computer Security Systems report: A brief review for Electronic Commerce Security Zhiheng Chu 4398125439 zchu@usc.edu I have read the Guide to Avoiding Plagiarism published by the student affairs office. I understand what is expected of me with respect to properly citing sources, and how to avoid representing the work of others as my own. I wrote the material in this paper, except for such material that is quoted or indented and properly cited to indicate the sources of the material. I understand that using the words of others, and simply tagging the sentence, paragraph, or section with a tag to the copied source does not constitute proper citation and that if such material is used verbatim or paraphrased it must be specifically ... Show more content on Helpwriting.net ... Then we turn to counter part to current widespread defense technologies and solutions in industry against those attacks. Key words: electronic commerce; security; I.Introduction After a successful IPO, the electronic commercial (E–Commerce) colossus Alibaba boasts a world–class market capital of $231.4 billion according to the FORTUNE magazine [1]. With the huge success of Alibaba's IPO, E –Commerce is considered as one of the most important and promising business in world. Then what is e–commerce? It is commonly exchanging goods or services via Internet. Today you can get all retail brands via their online presence and even private goods. Moreover, e–Commerce also includes business–to–business (B2B) transactions between manufacturers and suppliers or distributors or other business parties. E–Commerce enables online–to–offline (O2O) mode, which is ordering or purchasing online and delivering offline. Recently, there are more and more retail brands, including BestBuy, supporting multi–channel retail, which is offering in–store pick–up service for online purchasing. Not limited to the online retail, e–Commerce systems are also widespread for the services industry. All leading commercial banks provide their online banking entrance on both mobile devices and Internet. Such kind of entrance allows users to retrieve bank statements, issue transactions, pay bills, invest in stock market and get financial support online.
  • 23. Thus to ensure the ... Get more on HelpWriting.net ...
  • 24. Electronic Commerce ( E Commerce ) The development of new technological innovations, such as the Internet, has brought on changes for the market. The Internet offers a world–wide network, which connects millions of individuals and businesses and creates a global marketplace with huge business opportunities (E–business, eEurope, n.d). More and more companies have discovered the advantage of using the Internet as a communication tool to reach consumers at any place and at any time. This also enables consumers to search and gather information about products and services online. The word e–commerce refers to all transactions online. Electronic commerce (e–commerce) is the area in which we are to do our research and throughout this dissertation we will discuss consumer trust in ... Show more content on Helpwriting.net ... Thus, there is a need for promoting trust and confidence on the Internet. For consumers, security and privacy issues are seen as barriers to shopping online (Windham & Orton, 2000). They want their identity and personal information to be confidential, due to fear of being exposed to online fraud (Petrovic et al., 2003). People are more willing to take risks with people or organizations which they trust. The potential risk in e– commerce is greater because of the anonymity, distance and lack of physical interactions (Cazier, Shao & St. Louis, 2006). Many elements of personal interaction that are used in the offline environment, for example, facial expression, gesture and body language, are lost or not applicable in an online environment (Grabner–KrГ¤uter & Kaluscha, 2003). Many consumers appreciate the real shopping experience of touching things and trying items on. So, in order to understand why people do or do not engage in e– commerce activities, it is important to study online trust (Cazier et al., 2006). Trust is an essential tool for a transaction to take place, both in an online and offline environment. In e–commerce, the Internet vendors as well as their websites can be trust building sources in themselves. So, it is important for companies to learn how to manage consumers' trust in e–commerce. Although, building consumer trust on the Internet is a challenge for online vendors. For this ... Get more on HelpWriting.net ...
  • 25. Retailing in Electronic Commerce: Products and Services Chapter 3 Retailing in Electronic Commerce: Products and Services Learning Objectives Upon completion of this chapter, you will be able to: 1. Describe electronic retailing (e–tailing) and its characteristics. 2. Define and describe the primary e–tailing business models. 3. Describe how online travel and tourism services operate and their impact on the industry. 4. Discuss the online employment market, including its participants, benefits, and limitations. 5. Describe online real estate services. 6. Discuss online stock–trading services. 7. Discuss cyberbanking and online personal finance. 8. Describe on–demand delivery by e–grocers. 9. Describe the delivery of digital products and online entertainment. 10.... Show more content on Helpwriting.net ... 2.List the benefits of online travel services to travelers and to service providers. Online travel services provide the benefits of large amounts of free information, 24/7 availability and the potential for significant reductions in price. 3.What role do software (intelligent) agents have in travel services? What future applications may be possible? Intelligent agents could provide a service to travel customers by providing buyer–seller negotiations. Future applications would allow greater information flow for better pricing and decision making. Section 3.4 Review Questions 1.What are the driving forces of the electronic job market? The electronic job market is driven by the volatile nature of the employment market itself and the constant change in available positions and applicants. 2.What are the major advantages of the electronic job market to the candidate? To employers? A variety of advantages are described in exhibit 3.6. 3.Describe the role of intelligent agents in the electronic job market. Intelligent agents can be used to search and retrieve suitable positions for candidates and suitable candidates for employer positions. Section 3.5 Review Questions 1.List the major online real estate applications. The major online real estate applications ... Get more on HelpWriting.net ...
  • 26. The Impact Of Electronic Commerce On The Development Of... I.ABSTRACT With respect to the fast–growing use of technology and communicative devices, electronic commerce and digital markets has steadily impacted the expansion of information systems, organizations, and society, on a global scale. The discussion of cultural differences as it relates toelectronic commerce was identified while analyzing primary factors that markets should take into account. The characteristics and trends of each country examine the utilization of the Internet and electronic commerce. With attempts to compare the United States and other countries, it is revealed that electronic commerce goes beyond files residing on a server, it involves the entirety of infrastructure necessary for transactions, customer services, ... Show more content on Helpwriting.net ... Electronic commerce is global in nature and the international markets, which represent immense potential on expanding businesses, neglecting cultural differences. III.LITERATURE REVIEW: Electronic Commerce Electronic commerce (or e–commerce) consists of the repurchasing of different services and products, utilized by the internet. This includes business–to–business (B2B), business–to–consumer (B2C), and consumer–to–consumer(C2C) transactions. These transferable activities include, but are not limited to, online retail sales, online bill paying, supplier purchases, and Web–based auctions. Electronic commerce implements and utilizes several different types of technologies including transactions of funds, electronic data interchange, credit cards, and e–mail (Reference for Business, Encyclopedia of Management, 2008). The term e–commerce is often used interchangeably with Electronic business (e–business). E–business refers to the use of digital technology and the Internet to execute the major business processes in the enterprise. E–business includes activities for the internal management of the firm and for coordination with suppliers and other business partners (Laudon, K., 12th ed., p. 55). E–commerce facilitates the growth of online business. It is categorized as follows; Online marketing, online advertising, online sales, product delivery, product deliver, ... Get more on HelpWriting.net ...
  • 27. 5: Electronic Commerce and Enterprise Resource Planning Chapter 05: Electronic and Mobile Commerce and Enterprise Systems TRUE/FALSE 1.The length of the sales process for the typical B2B sale is much longer and involves more decision makers than for the typical C2C sale. ANS:TPTS:1REF:An Introduction To Electronic Commerce 2.The B2C market grabs more of the news headlines, but the B2B market is considerably larger and is growing more rapidly. ANS:TPTS:1REF:An Introduction To Electronic Commerce 3.Forrester Research forecasts that the volume of mobile commerce will reach $31 billion by 2016 or about one–third of the total B2C e–commerce sales. ANS:FPTS:1REF:Mobile Commerce 4.The market for mobile commerce in North America is maturing much later than in Western... Show more content on Helpwriting.net ... Capturing and gathering all data necessary to complete the processing of transactions is called data input. ANS:FPTS:1REF:Transaction Processing Activities 22.An enterprise system ensures that the information needed for a single business function and all levels of management within that function is available. ANS:FPTS:1REF:Enterprise Resource Planning
  • 28. 23.Large organizations in the Fortune 1000 organizations were the first to take on the challenge of implementing ERP. ANS:TPTS:1REF:Enterprise Resource Planning 24.Adoption of an ERP system enables an organization to eliminate dozens or even hundreds of separate systems and replace them with a single, integrated set of applications for the entire enterprise. ANS:TPTS:1REF:Enterprise Resource Planning 25.The implementation of an ERP system ensures good work processes based on so called best practices. ANS:TPTS:1REF:Enterprise Resource Planning 26.Supply chain management software automates and integrates the functions of sales, marketing, and service in an organization. ANS:FPTS:1REF:Enterprise Resource Planning 27.Managerial accounting consists of capturing and recording all the transactions that affect a company's financial state and then using these documented transactions to prepare financial statements to external decision makers. ANS:FPTS:1REF:Enterprise Resource Planning 28.Customer relationship management software ... Get more on HelpWriting.net ...
  • 29. Electronic Commerce And The Internet Electronic commerce, commonly known as eCommerce, is a term for any type of business, or commercial transaction that involves the transfer of information across the Internet. Most people believe it is only the buying and selling of product or service over the Internet and other computer networks, but eCommerce is so much more. It covers a range of different types of businesses, from consumer–based retail, through auction or music sites, to business exchanges trading goods and services between corporations (networksolutions.com). It is currently one of the most significant aspects of the Internet to emerge. Ecommerce allows consumers to exchange goods and services without the barriers of time and distance. Electronic commerce has expanded rapidly over the past two decades and, will likely, continue at this rate, or even accelerate. In the near future, the limits between "conventional" and "electronic" commerce will become more distorted as more and more businesses move segments of their operations onto the Internet. In today's world, consumers can access a wide variety of products on the web, due to the revolution created by Internet. Ranging from clothes, gadgets, music, books, groceries and more, Internet has facilitated consumers to pick the products of their option and get it delivered to their doorstep. Rather than leaving home to shop, today, people can place orders for the products they need with just a few clicks of the mouse. This resulted in the popularity ... Get more on HelpWriting.net ...
  • 30. Electronic Commerce and Page Load Speed STEPS FOR IMPROVEMENT IN FUTURE FOR FLIPKART By– Aditya Vardhan Singh Choudhary The e–Commerce market in India has enjoyed phenomenal growth of almost 50% in the last five years. Although the trend of e–Commerce has been making rounds in India for 15 years, the appropriate ecosystem has now started to fall in place. The considerable rise in the number of internet users, growing acceptability of online payments, the more number of internet–enabled devices and favorable circumstances are the key factors driving the growth story of e–Commerce in the country. The number of users making online transactions has been on a rapid growth trajectory, and it is expected to grow from... Show more content on Helpwriting.net ... CHANGING TRENDS IN INTERNET USE The mobile internet user base is growing, aided by the introduction of 3G data plans and declining smartphone prices. Several smartphone models are available at less than Rs. 8000 in the Indian market. Mobile internet users are expected to account for more than 60% of the user base in India, considering that their number is forecast to reach 200 million by 2015. Telecom operators are incentivizing mobile internet usage by reducing tariffs and providing unlimited usage facilities. They are offering unlimited internet browsing plans at a lowly price of Rs. 200 per month to their GSM customers. Within six months of the launch of 3G, the number of connections reached 10 million, closely matching the number of broadband subscribers. UNDERDEVELOPED USER EXPERIENCE The growth of mobile internet is encouraging. However, experience on e–Commerce websites also needs to be improved, since most of these sites are not optimized for use on mobile devices. Furthermore, not all e–Commerce sites have developed mobile apps. Given that an increasing number of people would access internet on their mobile devices, e–Commerce players need to step up and develop mobile websites and apps for major mobile platforms. MAKING YOUR PRESENCE FELT ON 3rd PARTY WEBSITES It is one of the major solutions for your e–Commerce business as you should list your complete range of products on 3rd party sites in order to get more attention and visitors. However, ... Get more on HelpWriting.net ...
  • 31. Electronic Commerce Essay Analyze the role of EC in the modern business and social environments. Identify three international barriers to EC and evaluate their roles in the success of EC. This assignment tests your analytical and critical thinking skills and your ability to synthesize concepts around topics. The paper should be in APA format, 2–3 pages (not including reference page), with at least two references. With the introduction of internet, Ecommerce has taken its supreme position in Today's industry. Ecommerce essentially means trading products and services by using computer through internet. It has three important factors– Technology, Law Policy and finally Business Ecommerce was introduced in 1970s and, from then, its use has been exponential... Show more content on Helpwriting.net ... Role of E–commerce in the Social environments: 1. The major role of social media in E–Commerce is to promote brand awareness. 2. Social media helps passively showing that the brand interacts with their customers and is easily reachable. 3. Social media has cemented itself in today's society and changed the way many of us communicate. Not only has it affected the way we interact at an individual level, but it has also started to impact the way companies do business. E–commerce reduces delivery time and labor cost thus it has been possible to save the time of both – the vendor and the consumer. Economic Effects of Ecommerce: 1. Reduction in transaction costs in Ecommerce compared to traditional commerce as Ecommerce removes the traditional geographical and time barriers. 2. Ecommerce is of tremendous advantage to a layman, who does not understand the product– which is new into the market– Ecommerce helps him make a decision by comparing the prices online and allows this comfort at his home rather than driving to different locations and accessing the similar product at different stores. 3. Additionally another main advantage has been shipping of the product to home which saves costs of transportation and time for the buyer. Business Effects of Ecommerce: 1. Various retail stores of a particular product are now connected online and they would have a better idea of the costs incurred to get the product from the ... Get more on HelpWriting.net ...
  • 32. Electronic Commerce and Page Ref Essay E–commerce 2013, 9e (Laudon/Traver) Chapter 1 The Revolution Is Just Beginning 1) The growth of mobile e–commerce almost doubled from 2011 to 2012. Answer: TRUE Diff: 2 Page Ref: 8 AACSB: Reflective Thinking 2) Approximately 80% of adults in the United States use a social network on a daily basis. Answer: FALSE Diff: 2 Page Ref: 8 AACSB: Reflective Thinking 3) A company's online inventory control process is an example of e–business, as opposed to e–commerce. Answer: TRUE Diff: 2 Page Ref: 13 AACSB: Analytic Skills 4) Ubiquity increases cognitive energy outlays. Answer: FALSE Diff: 2 Page Ref: 16 AACSB: Analytic Skills 5) The fact that e–commerce is conducted on the basis of ... Show more content on Helpwriting.net ... C) The mobile computing platform begins to rival the PC platform. D) Real–time advertising becomes a reality with gains in computing power and speeds. Answer: A
  • 33. Diff: 2 Page Ref: 10–11 AACSB: Reflective Thinking 20) E–commerce can be defined as: A) the use of the Internet and the Web to transact business. B) the use of any Internet technologies in a firm's daily activities. C) the digital enablement of transactions and processes within an organization. D) any digitally enabled transactions among individuals and organizations. Answer: A Diff: 1 Page Ref: 12 AACSB: Reflective Thinking 21) Which of the following is not a unique feature of e–commerce technology? A) interactivity B) social technology C) global broadcasting D) richness Answer: C Diff: 2 Page Ref: 15 AACSB: Use of IT 22) The integration of video, audio, and text marketing messages into a single marketing message and consuming experience is an example of: A) richness. B) ubiquity. C) information density. D) personalization. Answer: A Diff: 2 Page Ref: 15 AACSB: Reflective Thinking 23) Which of the following qualities is least likely to decrease a consumer's search costs? A) ubiquity B) global reach C) information density D) richness
  • 34. Answer: D Diff: 3 Page Ref: 14–19 AACSB: Analytic Skills 24) Which of the following is the best definition of transaction cost? A) the cost of changing ... Get more on HelpWriting.net ...
  • 35. Electronic Commerce ( Ec ) 2.Introduction: Electronic commerce (EC) provides a cost effective technique for organizations to marketplace their business, improve communication, identify potential business partners, and launch new way to their customer to purchase products online. Online buying is the process of selling and buying goods or services by using computer via internet. Since the development of www (World Wide Web), vendors have looked for a way to sell their goods and products to people who like to spend time on the internet. Shoppers can visit web stores from their houses and shop while they are sitting in front of their computer or laptop. Internet and online shopping has the ability to provide a lot of types of businesses with the ability to rise up ... Show more content on Helpwriting.net ... Once company set up an online shopping, time is to build up a strong customer satisfaction and trust to attract shopper through their website. SMEs's employers should have the ability on how to communicate with their customer. Hence, this project will be studying on the Athletic t–shirt via internet that would provide a safe and trustful online shopping, provide a new way for customer to purchase goods or services via internet, and fit along with the business procedures and analytical tools to enhance the businesses which would be trustful and safe. 3.Problem Statement: The sub problems are: –The slow art at which countries are adopting e–commerce and e–business –Difficulties encountered when implementing online business. –Problems faced by SME's. –What are the problem face when Develop and implement an online marketplace by using online shopping. The main problem is: Low usage of online shopping by SME. Online shopping is generally presented in very positive terms but along the potential benefit come potential problems for poor and developing countries. Nowadays, many SME are migrating or adapting to online shopping in order to contribute to a safer environment and for saving time. In order to them to adapt to these methods, there are some problems faces by the SMEs especially among poor country. "One of the major issues is that, most of the SMEs may be resistant to embrace online technologies due to perceived risks that include privacy and
  • 36. ... Get more on HelpWriting.net ...
  • 37. The Role of a Trusted Third Party in Enhancing Electronic... The Role of Trusted Third Party in Enhancing Electronic Commerce Buying online used to be a bit of a gamble. There were so many ways hackers could access personal information, or even companies online could sell that information without the consumer knowing. Moreover, it used to be incredibly easy to make purchases with a stolen credit card. Luckily for all online shoppers, this is no longer the case. Third party companies like Verisign and Trust–e are now strong providers of security measures which ensure that online transactions can be verified and trusted, therefore allowing consumers to have greater trust in e–commerce and spend more online. Verisign is one popular company that acts as a third party to millions of e–commerce transactions annually. The company provides authentication services for online e–commerce transactions so that online buyers are more protected when buying products and services online from their favorite vendors and companies (Verisign 2012). They are now working with Symantec–Norton, a major anti–virus and computer program protection software company that has gained a great share of consumer trust within the marketplace. As part of this collaboration, Verisign also offers security services that are proven and trusted. One of their primary products is providing companies with a digital security certificate "that authorizes that you are who you say you are" (Obringer 2011). The company also provides Secure Socket Layer (SSL) Certificates, and ... Get more on HelpWriting.net ...
  • 38. Electronic Commerce : Global Positioning System Introduction The first problem regarding Electronic Commerce was that there might not be enough material available for research. The applications of Electronic Commerce are very common as countless business employee the technology to further their business abilities and potential (Gavish, 2001). Business of different sizes among all major and minor industries continue to enter Electronic Commerce. Digital marketplaces have already torn down the walls within and between companies, bringing together buyers and sellers in one interoperable community (Bezos, 1995), (Omidyar, 1995). In this literature review we will go through the literature side of all components for all steps required for our project, "Travel XTream". Below is a list of ... Show more content on Helpwriting.net ... There is also a major spike in B2B Electronic Commerce in countries like India and China. In China the sales rose to 444 million pounds alone in 2011. Overall the global B2B Electronic Commerce transactions reached 12.4 trillion dollars in 2012 (Sila, 2013). Service Based Applications (CBA) Electronic Commerce has become such a massive and wide field of business, research and development that it even poured into the service based applications of emerging electronic commerce systems that are available anytime, anywhere on personally computing systems i.e. Smartphone (Mahmoud Manafi, 2011). Security Security is one of the first and most frequently presented issues in Electronic Commerce, for example online auction frauds (Lian & Michael, 2013). Security is the largest obstacle for companies working via Electronic Commerce (MandiД‡, 2012). Consumers are highly concerned with the possibility of having their details, required for online purchases, stolen or forwarded to other companies' i.e. spam advertisement. Security Measures Unfortunately personal detail theft is not the only risk of Electric Commerce (E–Commerce), Print Scan (P.S) attack is also a major problem. Though for every problem and dysfunction there is also a solution i.e. watermarking in E–Commerce is the solution. Print Scan is the process is the process of obtaining information from an ID card's or document's hologram or binary bar. ... Get more on HelpWriting.net ...
  • 39. Electronic Commerce Essay Electronic commerce One of the fastest growing industries today is electronic commerce. Almost anything can be purchased, traded, or sold all via the Internet. A person sitting in their living room dressed in pajamas on a rainy Saturday morning in mid December can hookup to the internet and place their bid on a new chess set for the holidays without ever setting foot in the department stores. They can pay for it with their credit card through a secure transaction and have it delivered right to their door in a couple of days for less than they could get it retail. An article by Jan Thomas said that the electronic commerce industry is booming and that it has grown at an alarming rate of over 2000 percent since last year. She ... Show more content on Helpwriting.net ... The consumer would log on to their Internet service provider and point their browser to one of many places depending on their needs. They can read about the product features and benefits, see how it compared to other models in similar price ranges and even see color pictures. If they want to purchase it, they can use their credit card without fear that the numbers will fall into the wrong hands. This is all done in much less time than it takes to just drive to the mall. Another reason for the boom in online commerce is the fact that the price of computers has been driven down by the Asian economy crisis. Families who could not afford a computer in the past now can. This holiday season the local Best Buy had a computer system advertised for $499.98, which included a monitor and a printer. This time last year the lowest price on a complete system was around $1199.98. According to a recent study by the Duncan group, only thirty–five percent of American households currently have a computer. About six percent of them even knew that they could really purchase online. When asked if they would consider purchasing online, and overwhelming sixty–seven percent said they would defiantly look on the Internet before going to the department stores (34–35E). According to one Best Buy store manager, they have been selling computers at a rate of about 40–60 computers per day. As prices continue to fall and more and more ... Get more on HelpWriting.net ...
  • 40. Electronic Commerce and Overstock Table of Contents A. Company Description3 a. Mission Statement & Vision3 b. Products & Services3 B. Executive Summary4 C. Architecture & Enterprise Resource Planning (ERP)5D. Supply Chain Management (SCM) 6 c. Participants in Supply Chain6 d. Suppliers & Order Management6 e. Suppliers & Financial Settlement6 E. Competition6 f. Analysis6 g. Competition Tracking7 h. Benchmarking7 F. SWOT Analysis9 i. Strengths9 j. Weaknesses9 k. Opportunities10 l. Threats 11 G.Marketing12 m. Target Market12 n.... Show more content on Helpwriting.net ... The press and our customers have noticed the organizations excellent customer service. A article states, "24/7 Customer, a leading Customer Lifecycle Management (CLM) solution provider helped Overstock.com to the # 2 slot in Customer Service among all U.S. retailers. Overstock.com has been rewarded for its exemplary customer service and continued level of excellence. 24/7 Customer has been providing online and chat support to Overstock.com for over four years announced today that it has once again earned the #2 spot in customer service rankings among all U.S. retailers, according to rankings published in the 2010" (Business, 2010). In addition to excellent customer service, another way that they attract customers is by offering a shipping price of $2.95 per order no matter what is ordered. Another main aspect of marketing is search engine marketing. "Over the last several years, Overstock has been competing for traffic with search sites such as Google, forcing Overstock to spend large sums on search engine marketing" (Stock, 2010). They have continued to invest money on search engine marketing to ensure that new customers are able to find them. Architecture and ERP: Enterprise Resource Planning is an information system that serves all departments within an enterprise. Overstock utilizes an Oracle bases product to reduce critical response times and to improve the customers shopping experience. This was implemented in 2008. "A component of ... Get more on HelpWriting.net ...
  • 41. Electronic Commerce And Its Impact On The Internet And... Due to rapid progress in the internet and cloud computing technologies, electronic commerce is becoming more and more popular. Many people and businesses deal with their payment transactions via the Internet. In a conventional payment system, buyers and sellers transfer cash or payment information through credit cards and checks, however in early electronic payment systems, online payment services must add capabilities to process orders, accounts and receipts. As e–commerce has gradually grown, digital currency payment have become popularized. The technologies of credit cards, electronic tickets, electronic cash (e–cash), and other advanced payment services have realized the vision of electronic commerce. Credit cards, debit cards and ... Show more content on Helpwriting.net ... Electronic cash payments are suggested to be made very cheaply, conveniently and quickly. Electronic Cash could potentially eliminate the need for a person to have a major credit card number. For these transactions to work, the consumer and seller have to set up with the same type of electronic cash and use compatible software. Major products include eCash by DigiCash and CyberCoin from CyberCash. Thesis Statement Smart cards and other forms of electronic cash present a huge advancement in technology, however the success of these two advancements Purpose of the Paper Electronic payments have become an integral part of e–commerce as well as a financial necessity for many payment systems. Many buyers and sellers have been exploring new possibilities in e–commerce. Many users have tried to implement electronic cash, smart cards, and other forms of electronic payment in their business transactions. In the past five decades, monumental technological developments have been created which force buyers and sellers to accommodate to the new e–commerce business practices. This paper will be discussing the following key points: History Major Implementations/Types of E–Cash Advantages/Disadvantages Between 1997 and 2001, Canada and North America first introduced a new technology of electronic cash to replace physical cash for low–value payments. The new technology was called Mondex and ... Get more on HelpWriting.net ...
  • 42. Business Case Study : Electronic Commerce Electronic Commerce is the process of exchanging products and services or information with the help of computer networks, which includes the Internet (Turban, King, McKay, Marshall, & Viehland, 2008). We can classify e –commerce by their relationship among different participants in the following types (Turban, King, McKay, Marshall, & Viehland, 2008). Business–to–Business (B2B): All the participants in this model are business organizations. For example, Dell applications include B2B with their suppliers (Turban, King, McKay, Marshall, & Viehland, 2008). Business–to–Consumer (B2C): This is an e–commerce model where the business organizations sell products and services to individual shoppers. For example, Amazon.com. E tailing is the other ... Show more content on Helpwriting.net ... In 1969, Internet began life in the US and mainly used by government and its departments, researchers and scientists. In 1990s, the World Wide Web came into existence and that is when e–commerce was coined. From then until today, e–commerce has seen both success as well as failures (Turban, King, McKay, Marshall, & Viehland, 2008). The failure was mainly because the e–commerce field was going through consolidations and organizations were trying different models and structures (Turban, King, McKay, Marshall, & Viehland, 2008). The other reason was giants like Amazon were working on expanding their operations and generating increased sales. However, the future looks bright for e–commerce and the usefulness is starting to materialize. As e–commerce expands, these benefits will increase significantly. E–Commerce offers benefits to business organizations, individuals and the society (Turban, King, McKay, Marshall, & Viehland, 2008). Benefits to Organization EC helps in locating customers and suppliers around the globe at a reasonable cost. Processing information, storage and distribution at lower costs. It helps to reduce delays, cost and inventories when coming to supply chain improvements (Turban, King, McKay, Marshall, & Viehland, 2008). Transactions are 24/7/365. Talking about customization, it is according to the customers wish, quick and at reasonable cost. Sellers ... Get more on HelpWriting.net ...
  • 43. Electronic Commerce And E Commerce Electronic Commerce Electronic Commerce Defined Salvatore (2013) defines electronic commerce or e–commerce stating, "E–commerce refers to the production, advertising, sale, and distribution of products and services from business to business and from business to consumer through the internet" (p. 150). These activities can take place in many environments between businesses and consumers. E–commerce has changed the way goods and services are exchanged and have given light to businesses and consumers to exist on a global scale without an established brand. With e–commerce defined, let us look at its origin. E–Commerce Origin E–commerce has origins that trace back to the mid 1900s. In these times very few organizations had access to the very expensive electronic data interchange (History of E–Commerce, n.d.). E–commerce is now being used in all types of business, including manufacturing companies, retail stores, and service firms. E–commerce has made business processes more reliable and efficient. Consequently, e–commerce is now essential for businesses to be able to compete in the global marketplace. "E–commerce is now being used in all types of business, including manufacturing companies, retail stores, and service firms. E–commerce has made business processes more reliable and efficient" (Smith, K.T., 2011, p.3). Consequently, e–commerce is now critical in order for businesses to compete in the global marketplace. Knowledge that was distributed over this network paved the ... Get more on HelpWriting.net ...
  • 44. Electronic Payment Social Commerce Essay Globetrotting Hotels is an example of a Virtual (pure–play) organization i.e. organizations that conduct their business solely online (Turban E. , Lee, King, McKay, & Marshall, 2008), and for this reason e–payment is assumed to be the sole means of payment. (Snellman, Vesala, & Humphrey, 2001) Defines e–payments as any payment service that makes use of information and communications technologies including Integrated Circuit (IC) cards, cryptography and telecommunications. However, in this study, e–payment refers to all electronic transactions as payment for goods and services. An electronic payment transaction is an execution of a protocol by which amount of money is taken from a payer and given to a payee (Akhilesh, Abhishek, Suresh,... Show more content on Helpwriting.net ... Direct Debit and Banking Services – This includes debit cards, Electronic Funds transfer, Electronic checks and Automated Clearing House (ACH). Examples of ACH providers include BPay, GoPay and NetPay. (Montague, 2010). PayPal– "In the U.S., PayPal has emerged as a dominant player for online and mobile payments, PayPal has 117 million active registered users across 190 markets" (Gupta, 2013). Accepting PayPal as a means of payment will mean convenience for a good percentage of the target audience. Smartcards – are the next generation of mobile payment. GH could have a smart card that records previous customer transactions and points earned. Customers will also be able to redeem points in any of the partner hotels for services or overnight stay. However the loyalty points can also be sent to the customer's phone as a virtual token that can be redeemed appropriately. Mobile payment – The GH website can also be optimized for mobile devices to enable customers search, book and pay from their mobile. In addition they can also partner with the prevalent mobile money provider in the region where they have the most customers, so that mobile money can be accepted as a means of payment for the unbanked in that region. 3.2. PAYMENT SECURITY Ensuring the security and privacy of sensitive customer details is Key for business success. GH will need to comply with Payment Card Industry Data Security Standard (PCI DSS), since ... Get more on HelpWriting.net ...