Behaviors of E-Tailing Maximino Ruiz University of Phoenix Behaviors of E-Tailing Technology changes the way companies do business throughout the globe. At one period in history when a technological change was introduced in an organization‚ it was a big deal because‚ unlike current advancements‚ the changes were not made so frequently. Every day‚ upgrades and new products are developed to make companies more efficient and productive
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E-Tailing E-tailing or E-retailing refers to the selling of retail goods electronically over the Internet. The term is a short form for "electronic retailing"‚ and surfaced in the 1990s for being frequently used over the Internet. The term is an inevitable addition to other similar terms such as e-business‚ e-mail‚ and e-commerce. E-tailing usually refers to the business-to-consumer (B2C) transactions. Online retailing is classified into three main categories: 1. Click
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are various electronic commerce activities and mechanisms. E-Commerce Activities and Mechanisms include the following but not limited to: E-Market Place: It is an online market usually B2B where buyers and sellers exchange goods or services. EC transactions take place in the electronic equivalent of a mall called the electronic marketplace (e-marketplace). Electronic marketplaces utilize different tools (electronic shopping cart‚ e-catalog‚ fulfillment technologies‚ and checkout and payment
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ABSTRACT E-tailing is defined specifically as the act of purchasing goods or services‚ traditionally purchased in a retail store‚ over the Internet. The firms like Amazon.com‚ e-Trade‚ etc. can offer almost unlimited content on request and can make changes as they are free from geographic boundaries and various other costs. E-businesses do more than simply provide alternative shopping sites to real-world stores; they can also expand existing markets and even create new ones. Internet-based businesses
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Indian retail has been quick to capitalize on this new concept‚ thereby heralding a new era of e-tailing. Although e-commerce has been prominent in the online domain for quite some time now‚ yet it is different from e-tailing in the sense that while the former includes sale of goods and services‚ the latter pertains to only goods. Despite certain prevalent inhibitions regarding the prospects of e-tailing in the country‚ this form of shopping has suddenly received a new lease of life and is well on
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Rise of E-tailing In Indonesia: An External Analysis Suryo Ariyanto Nugroho Middlesex University Business School Rise of E-‐tailing in Indonesia: An External Analysis Table of Content Executive Summary .................................................................................2 Introduction ..............................................................................................3 Industry Overview...................................
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largest public accounting firms in Norway provided misstatement data from 58 audits. The results show that inherent risk factors related to personnel issues are related to the incidence of misstatements at the financial statement level. These factors plus factors related to management integrity and prior period accounting adjustments are related to the magnitude of the misstatements. Inherent risk assessments at the account level had a marginally significant relationship with both the incidence and
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Inherent Risk i) expanded into a national manufacturer of high technology sustainable energy products brings with it a range of uncertainties‚ including compliance requirements and logistical problems increased potential for misstatement due to the judgements required requiring more judgement such as research and development (valuation)‚ intangible assets (valuation)‚ inventory (valuation) and property plant and equipment (valuation). ii) assets include “intellectual property rights”
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Inherent Risk * i/3 of audit risk model.. lesast amount of evidence awailable use professional judgement * not static‚ assessed at the planning stage mostly and audit too Major factors that an auditor should consider when assessing inherent risk 1) Nature of clients business – the more susceptible the client the greater the risk ( if the client is in a business with heavy changes in technology 2) Nature of data processing – the more poorly the IT system is made
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Inherent risk Computerizing risk Non-routine transactions (Beasley 2010‚ p268) ‘Transactions that are unusual for the client are more likely than routine transactions to be incorrectly recorded‚ because of the client often lacks experience in recording them.’ Why it is risk: Santos use a series of computerizing or IT technology to support their business for increase market competition. IT technology has been used for trade ordering systems between customs and Santos. Customers can order
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