Preview

Business Skills for E-Commerce

Powerful Essays
Open Document
Open Document
4870 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Business Skills for E-Commerce
Business Skills for E-Commerce
Unit Report

Report on

E-Commerce

Submitted by:

Submitted to:
Contents
Learning Outcome 1 1 What is E-Commerce? 1 Role and Functionality of E-Commerce 2 Assessing Parcel2Go.com 2 Business Aims of Parcel2Go.com 4 Conclusion 4 Learning Outcome 2 4 E-Commerce: Analysis of Business and Consumer Impact 4 Global Impact of E-Commerce on Society 6 Impact on Jobs and Careers: 7 Impact on Educational Institutes: 7 Impact on Customer Base: 7 Global Impact: 7 Pros and Cons: 7 Learning Outcome 3 8 Market Potential for E-Commerce 8 1. Monopoly: 8 2. Division of Work: 9 3. Job Opportunities: 9 4. Limited Risk: 9 5. Healthy Competition: 9 6. Intensified Price Competition: 9 Evaluation of E-Commerce System of Parcel2Go.com 10 PEST Analysis 11 Financial Implications Related to E-Commerce in Parcel2Go.com 12 Running Costs: 13 Trustworthy Website: 13 Hacking: 13 High Risk: 13 Considerable Technical, Financial, Security Related and Legal Solutions in E-Commerce 14 Technical Solution: 14 Financial Solution: 14 Security Solution: 15 Legal Solution: 15 E-Commerce Design Principles: 15 Conclusion 16

Learning Outcome 1

What is E-Commerce?
‘E’ stands for electronic, so E-Commerce generally means doing business through electronic media. Nowadays the electronic media is the best and fastest medium for promoting a product directly to the consumers. Electronic media devices such as televisions, radios, cell phones and personal computers can be found in every house now, so advertising, buying and selling products over these mediums is a very convenient and promising way of doing a good business. It also gives the customers the ease of ordering stuff from home and receiving it on their doorstep. With the newly found scope of the E-Commerce in industry, many businesses started devising new ways of making the E-Commerce practical, more convenient and available

You May Also Find These Documents Helpful

  • Powerful Essays

    The history of ecommerce can be traced back to the invention of the very old notion of “sell and buy” computers, electricity, cables, modems as well as the internet. The first e-commerce transactions was started in March, 4, 1983 by Alex Randall, (YouTube, 2008) but people started using ecommerce in 1991, when the internet was opened for commercial use and since then, there have been thousands of businesses which put up their businesses at web sites. The term ecommerce was used before to refer to the process of executing commercial transactions electronically thus with the assistance of the leading technologies such as Electronic Funds Transfer (EFT) and Electronic Data Interchange (EDI), through their help, they gave users opportunities to exchange business information as well as ability to do business transaction electronically. These technologies have been used even before, in the 1970s, these technologies’ ability was used by business companies as well as organizations to send electronically the commercial documentation.…

    • 1567 Words
    • 4 Pages
    Powerful Essays
  • Good Essays

    But at societal level: continued conflict over copyrights, content regulation, taxation, privacy, and Internet fraud and abuse.…

    • 10780 Words
    • 44 Pages
    Good Essays
  • Powerful Essays

    The purpose of this report is to evaluate E-commerce structure and strategy of Barnes & Noble. As e-commerce market is highly competitive, it is important for the company to develop an effective strategy in order to gain customer’s loyalty, remain profitable and maintain the company’s image. The report will cover different aspects of Barnes & Noble strategy and performance and suggest possible solution to existing problems.…

    • 5016 Words
    • 21 Pages
    Powerful Essays
  • Powerful Essays

    1. What is e-commerce? How does it differ from e-business? Where does it intersect with e-business?…

    • 2397 Words
    • 10 Pages
    Powerful Essays
  • Powerful Essays

    ARRAY CONSULTANCY SERVICES 264 Shanti Pally, Kolkata West Bengal, India 700042 Satish Kr. Goenka Jindal Global Business School O. P. Jindal Global University Sonipat, NCR of Delhi…

    • 8835 Words
    • 36 Pages
    Powerful Essays
  • Satisfactory Essays

    Lizi

    • 6012 Words
    • 25 Pages

    – What electronic commerce is and how it has evolved into a second wave of growth…

    • 6012 Words
    • 25 Pages
    Satisfactory Essays
  • Good Essays

    e-commerce chap 1

    • 26898 Words
    • 108 Pages

    E-Commerce: Business, Technology, and Society 2009, Fifth Edition, by Kenneth C. Laudon and Carol Guercio Traver. Copyright © 2009 by…

    • 26898 Words
    • 108 Pages
    Good Essays
  • Powerful Essays

    For this assignment I am going to compare, contrast and look at the history of two internet giants: Ebay and Amazon.…

    • 3362 Words
    • 14 Pages
    Powerful Essays
  • Powerful Essays

    Electronic Commerce became known as a new business model because of its influence on the power of the internet to offer business opportunities. Through this, different companies can now easily gain access to a worldwide market in promoting their products and services. It offers what is considered a more level playing field to compete with bigger and more financially sound competitors, not only for big companies but also for smaller companies. In a short period of time, the internet has transformed the traditional business models, and speed up business cycles. From the usual way of attracting customers to websites, businesses will now then use the internet as a tool to give the customers the information they want, anytime and anywhere.…

    • 2371 Words
    • 10 Pages
    Powerful Essays
  • Good Essays

    E-Comerce

    • 744 Words
    • 3 Pages

    E-commerce growth and development received a major boost in 1991 when the internet was finally opened for commercial use. Since then, most businesses have taken to the internet to sell and market their products and services via their websites. Development of technologies such as electronic money transfer and electronic data exchange allowed business and…

    • 744 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    E-COMMERCE

    • 1784 Words
    • 8 Pages

    The global nature of the technology, low cost, opportunity to reach hundreds of millions of people (projected within 10 years), interactive nature, variety of possibilities, and resourcefulness and rapid growth of the supporting infrastructures (especially the Web) result in many potential benefits to organizations, individuals, and society. These benefits are just starting to materialize, but they will increase significantly as EC expands. • Summary • Exercise Objectives After this lecture the students will be able to: • Describe the categories of E commerce • Describe the benefits and limitations of E Commerce In the previous lecture we divided the applications of E commerce in three categories, today we will divide categorize E commerce according to the parties involved in the business.…

    • 1784 Words
    • 8 Pages
    Powerful Essays
  • Powerful Essays

    E-commerce includes online credit card transactions, e-cash, e-billing, e-cherubs, electronic invoices, purchase order and financial statements. These factors nowadays used in the developing countries which can significantly impact the economy and so studying such matters provide me idea to analyze at the contributing factors of the economy. E-commerce is the process of managing online financial transactions by individuals and companies. This includes business-to-business (B2B), business-to-consumer…

    • 5227 Words
    • 19 Pages
    Powerful Essays
  • Powerful Essays

    Bba Papers

    • 4251 Words
    • 18 Pages

    References: 1. Turban, Efraim, Jae Kuy Lee and Michael Chung. Electronic Commerce: A Managerial Perspective. Prentice-Hall, 1999. 2. Whitley, David. E-Commerce: Strategy, Technologies and Applications. Tata McGraw-Hill, 1998.…

    • 4251 Words
    • 18 Pages
    Powerful Essays
  • Powerful Essays

    Electronic Commerce

    • 1835 Words
    • 8 Pages

    In this Information Age, the Internet economy is said to be the next growth engine. The advanced technology of the Internet has brought traditional business activities to a whole new level, which is electronic commerce. Internet is the strong force which fuels the growth of e-commerce. Electronic commerce refers to a wide variety of online business activities for any forms of products and services. Examples of online business activities are the delivery of business information, the transfer of ownership or rights of goods from one to another, and the establishment of business transactions. All these are conducted over the telecommunications networks and the electronic systems such as the Internet. In a similar manner, the parties which are involved in buying and selling interact with each other electronically rather than physical exchange.…

    • 1835 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    E Commerce

    • 1984 Words
    • 8 Pages

    E-commerce provides many new ways for businesses and consumers to communicate and conduct business. There are a number of advantages and disadvantages of conducting business in this manner.…

    • 1984 Words
    • 8 Pages
    Good Essays

Related Topics