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E Commerce

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E Commerce
Investigation and the Impact of E-commerce on the Operations of WM Morrisons

Contents Abstract 4 Background 6 The United Kingdom Retail Sector 6 WM Morrison Supermarkets PLC Company Profile 7 SWOT Analysis 8 Strengths 8 Weaknesses 9 Opportunities 9 Threats 9 E-commerce Impact on Retailing 10 Introduction 11 Literature Review 15 Mobile Commerce 21 Demographic profile of UK mobile shoppers, July 2012 (% of total): 23 GENDER 23 AGE 23 INCOME 23 Online Advertising 27 Methodology 29 Introduction 29 Philosophical Position 32 Type of Research 33 Causal Research 33 Descriptive Research 33 Relational Research 33 Quantitative Research 34 Qualitative Research 34 Pragmatic method of Research. 34 Primary Research 35 Secondary Research 35 Research Approach 36 Adopted Research Strategy - Combining Quantitative and Qualitative Research Methods 37 Research Methods / Design 38 Qualitative Research 38 Quantitative Research 39 Data Collection Methods 39 Advantages of Surveys: (Groves, 1989) 39 Disadvantages of Surveys: (Groves, 1989) 39 Secondary Data Collection 40 Data Analysis 40 Limitations 40 Conclusion 41 Results of the Research 42 Research Findings: Within-Case Analysis 42 ASDA/Wal-Mart 42 Sainsbury PLC 43 Tesco PLC 45 WM Morrisons 46 Discussion: Can WM Morrisons Create a Sustainable Competitive Advantage through E- commerce? 48 Advantage through Superior IT Resources 48 Advantage through Superior IS Capabilities 49 Advantage through Superior Relationships with Complementary Capabilities 50 Conclusion 52 References 53 eMarketer, 2012. Who Is the UK Mobile Shopper? Accessed March 13, 2013 from http://www.emarketer.com/Article/Who-UK-Mobile-Shopper/1009388 55 Bibliography 60

Abstract
There have been a plethora of opinions regarding the effect that the Internet and Electronic Commerce (E-Commerce for short) have had on the conventional brick and mortar form of

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    TABLE OF CONTENTS TABLE OF CONTENTS 1 CHAPTER 1 3 INTRODUCTION 4 1.1 Background 4 1.2 Motivation 4 1.3 United Kingdom Mortgage 7 1.4 Research Overview 7 1.5 Research Questions 8 1.6 Specific Aim 8 1.7 Overall Objectives 8 1.8 Research Scope 9 CHAPTER 2 10 LITERATURE REVIEW 10 2.1 Islamic Finance in the United Kingdom 10 2.2 Mortgages 11 2.3 Types of Mortgages in the United Kingdom 12 2.3.1 Variable Rate Mortgage (VRM) 12 2.3.2 Fixed Rate Mortgage (FRM) 12 2.3.3 Interest-based Mortgage 13 2.4 Islamic Mortgage in West 13 2.5 Islamic Mortgage 13 2.5.1 Islamic Mortgage Contract 14 2.5.2 MurÉbahah 15 2.5.3 IjÉrah 16 2.5.4 MushÉrakah 17 2.6 Growth and Global Expansion 18 2.7 Islamic Mortgage Lenders 19 2.7.1 Islamic Bank of Britain 20 2.7.2 HSBC Amanah 20 2.7.3 Lloyds TSB 21 2.7.4 Finance Companies (Houses) 21 2.8 Challenges and Issues 22 2.9 Community Awareness 23 2.10 Summary of the Chapter 24 CHAPTER 3 24 RESEARCH DESIGN AND METHOD 24 3.1 Introduction 24 3.2 Qualitative and Quantitative Methods 25 3.3 Primary Research 26 3.4 Secondary Research 27 3.5 Questionnaire 27 3.5.1 Pre-Testing 28 3.6 Population and Study Sample 28 3.7 Data Processing and Analysis 29 3.8 Limitations 29 3.9 Ethics 29 3.10 Summary of the Chapter 30 CHAPTER 4 30 DESCRIPTIVE ANALYSIS AND RESULTS 30 4.1 Comparative Analysis of Islamic Mortgages with Conventional Mortgages 31 4.1.1 Mortgage Lending in Western Banks 31 4.1.2 Islamic Mortgages 32 4.1.3 MurÉbahah Mortgage Structure 35 4.1.4 IjÉrah and MushÉrakah Mortgage Structure 36 4.2 Islamic Mortgage Growth in the UK 40 4.2.1 Islamic Mortgage Growth Analysis 41 4.2.2 Barriers in the Growth of Islamic Mortgages 43 4.2.3 Summary 45 4.3 Level of Awareness in Muslim Community of Manchester 45 4.3.1 Awareness of the Muslim Community 47 4.3.2 Summary 53 CHAPTER 5 53 CONCLUSION 53 5.1 Research Summary 53 5.2 Conclusion 54 5.3 Recommendations 56 5.4 Further Area of the Studies 57…

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