According to COM [1], E-commerce means “doing of business electronically”. It encompasses many diverse activities from electronic trading of goods and services until after-sales service. Choi et al. viewed E-commerce as an “economic system where firms and consumers are aided by computers and networking technologies that enable an entirely new market” [2].…
a.) Given what you know of Li & Fung, is this a good move for the company? What is required of a firm as it alters a distribution channel or its place in a distribution channel? What is required of a firm in managing a consumer brand? Does Li & Fung have the necessary skills to succeed in these areas?…
At a recent board meeting, a decision was made to investigate the possibilities of e-commerce as a…
“E Commerce is one of the most important facets of the Internet to have emerged in the recent times. Ecommerce or electronic commerce involves carrying out business over the Internet with the assistance of computers, which are linked to each other forming a network. To be specific, ecommerce would be buying and selling of goods and services and transfer of funds through digital communications” (Benefits of Ecommerce", 2007).…
The advent of e-commerce in business was made possible by the introduction of technology. For example the internet and credit cards and this technology have continued to be made better. By using a few different types of web hardware and software, e-commerce won’t just give more functionality to a business, but it will improve the effectiveness. Plus, now that a great number of customers are able to high speed internet connections, for example broadband. It is even more important that e-commerce if efficient. If a website is slow, a customer is likely to choose to go somewhere else.…
Li & Fung manages about 7500 suppliers in more than 26 countries but does not run any of the factories because that would be a humungous task to manage such a large workforce. But working with these factories the company takes anywhere from 30% to 70% of their production so that Li & Fung is their largest customer.…
E-commerce can take place in different situations: Between businesses and consumers (B2C), as when you purchase from a shop’s website. You, the consumer can now do everything over the internet from banking online to shopping for computers, books, clothes, games, holidays, concert tickets etc! From one business to another (B2B), as when one company buys its supplies from another…
This study is the result of our bachelor thesis within business administration at Stockholm University. It has been a very interesting field of study and we think that we have found a somewhat interesting and unique approach within e-commerce. We want to give our thanks to our fellow students who gave us constructive criticism during the seminars and during the opposition in particular. We also want to give our thanks to our tutor Reiner Beck, who provided us with guidelines and interesting views on how to conduct our investigation. Finally we want to give our thanks to our respondents who enabled our interviews.…
The book consists of eighteen chapters. The first chapter is mainly an introduction for the rest of the book. It summarizes and reviews much of earlier literature on e-commerce and offers a glimpse of what will be discussed in details in later chapters. Issues and challenges that face developing nations when implementing e-commerce are discussed in this chapter but only very generally because they are studied extensively in later chapters. Moreover, this chapter is unique in this book because it is the only one that does not include a case study…
1. INTRODUCTION E-commerce is a way of conducting business over the Internet. Though it is a relatively new concept, it has the potential to alter the traditional form of economic activities. Already it affects such large sectors as communications, finance and retail trade and holds promises in areas such as education, health and government. The largest effects may be associated not with many of the impacts that command the most attention (i.e. customized product, elimination of middlemen) but with less visible, but potentially more pervasive, effects on routine business activities (i.e. ordering office supplies, paying bills, estimating demand). 2. OBJECTIVE OF THE STUDY • • • To examine impact of e-commerce on business cost and productivity. To evaluate present status of e-commerce. To identify how e-commerce reduces cost 49 • •…
Ecommerce is still evolving domain in business. Cases on ecommerce can become dated quickly. The cases we will discuss in class were selected because they illustrate the issues one needs consider in evaluating ecommerce opportunities, making strategic decisions, and using the Internet as a business tool.…
There has been contrasting views with respect to electronic commerce, however it needs to be noted that Electronic commerce is a structured method with the use of different methods and technologies for undertaking the business activities in a global arena which includes different methods like business-to-business (B2B) and second more famous is business-to-consumer (B2C) (Seilina,1990). The dramatic increase in the usage of internet has enabled the development of different businesses like the banking, insurance; supermarkets and other related elements like hospitals have also integrated the information technology into different segments of their operations.…
2. Juan G. Cegarra-Navarro, Maria Teresa Sánchez-Polo. 2009. Implementing e-business through eListening in the Spanish…
Electronic commerce is a fundamental part of today’s business world. It has undergone many changes since its inception and will continue to do so. The information technology field has always moved rapidly and businesses must align themselves with these changes in order to remain competitive. E-commerce has many advantages and has transformed business, as we know it. Although fewer in number, there are also disadvantages associated with e-commerce.…
UNIVERSIDAD DE SAN CARLOS DE GUATEMALA FACULTAD DE CIENCIAS ECONÓMICAS ESCUELA DE ESTUDIOS DE POSTGRADO MAESTRÍA EN ADMINISTRACIÓN FINANCIERA TRIMESTRE II…