Preview

E-Trade Strategy and Electronic Commerce

Powerful Essays
Open Document
Open Document
8672 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
E-Trade Strategy and Electronic Commerce
E-Trade Strategy and Electronic Commerce

Table of Contents

Introduction………………………………………………………………………………..3

Part I……………………………………………………………………………………….4

Part II…………………………………………………………………………………….23

Conclusion……………………………………………………………………………….27

Bibliography……………………………………………………………………………..28
Introduction

In this report we are tiring to find out the advantages and disadvantages of using e-commerce for exports and imports in the garment industry worldwide.
The statistical data found will help us analyze how different companies operate around the world, in different markets. In order for us to establish our own e-commerce trading firm we need to be familiar with the competition in order to achieve an advantage. We need to be familiar with the customers as well to be able to provide them with what they would want. Assessing these factors can help us in utilizing the resources and capabilities the company has in order to the greatest return from them. The questions that we are looking to find answers to are the following;
• How did the e-commerce industry develop
• The value of e-trade around the world
• How is the competition
• Threats of new entrants
• Key success factors
• How to establish an e-commerce firm and make it successful.
Part I

Background of Electronic Commerce

E-commerce is the buying and selling of products over electronic systems such as computer networks and the Internet.
The face of e-commerce has changed dramatically over the past 30 years. In the 1970s it was used only to facilitate the sending and receiving of commercial documents from one company to the other. New inventions, such as the acceptance of credit cards and the use of ATM machines in the 1980s expanded the use of e-commerce. From the 1990s e-commerce has further expanded into information mining and warehousing, as well as into enterprise resource planning. The first pre-internet online system was introduced in 1991, American Information Exchange, in order

You May Also Find These Documents Helpful

  • Better Essays

    Book Bunker

    • 1932 Words
    • 8 Pages

    References: Efraim Turban David King Judy Lang (02/2012). Introduction to Electronic Commerce, VitalSource eBook for DeVry University [1] (VitalSource Bookshelf), Retrieved from http://online.vitalsource.com/books/9781256517344…

    • 1932 Words
    • 8 Pages
    Better Essays
  • Best Essays

    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.…

    • 2336 Words
    • 7 Pages
    Best Essays
  • Powerful Essays

    Nowadays E-Commerce is the buzz word on everyone’s lips be it the buyers or the sellers. Even education is turning towards reaching out more students electronically and students are willing to pay for such education! Although it is omnipresent but we never realize its importance primarily because it is known by different names. People do site promotion, SEO, affiliate marketing, and many other things but the goal is same i.e. to get clients and sell the products or services of the company. 'E ' is just a medium to transact online.…

    • 2884 Words
    • 12 Pages
    Powerful Essays
  • Powerful Essays

    E-Trade Case Study

    • 33330 Words
    • 134 Pages

    You made good use of critical feedback in strengthening the descriptive sections. Despite your problems in building a combined analytical map in the analytical section, you show good understanding of Newtonian analysis and recommendations, and a reasonable handle on Euclidian analysis. Overall, your group demonstrates a handle on doing strategic analysis. It earns the group an A on the project.…

    • 33330 Words
    • 134 Pages
    Powerful Essays
  • Powerful Essays

    Electronic commerce commonly written as e-commerce,is the trading or facilitation of trading in products or services using computer networks, such as the internet. Electronic commerce draws on technologies such as mobile commerce ,electronic funds transfer,supply chain management,internet marketing,online transaction processing,electronic data interchange(EDI),inventory management systems ,and automated data collection systems.Modern electronic commerce typically uses the World Wide Web for at least one part of the transaction’s life cycle,although it may also use other technologies such as e-mail.…

    • 2354 Words
    • 10 Pages
    Powerful Essays
  • Powerful Essays

    organization in order to have a proper idea about the problem scope and the background.…

    • 6874 Words
    • 28 Pages
    Powerful Essays
  • Best Essays

    The following report is a document made with the intention of accomplishes the first assignment of E-Commerce 2 course of the University of Ballarat at IIBIT Sydney.…

    • 2291 Words
    • 10 Pages
    Best Essays
  • Good Essays

    While the terms e-business and e-commerce are often used in the same context there is a difference between the two. E-commerce generally refers to financial transactions that take place on the Web, whereas e-business refers to all types of transactions over the Web. The use of the Web, or Internet, is perhaps one of the greatest changes in business practices today. "The transforming power of this mode of business extends far beyond the obvious points of convenience for the customer and cost savings for the business. The most powerful implementations of e-business enable a complete restructuring of business models" (Ware, 1999). The extensive acceptance and relatively low cost access is making a change in the world 's economy. This paper will attempt to identify some the reasons that e-business is important to the world economy.…

    • 638 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    In today quickly developing economy more organizations are hoping to have their business web, having an E-commerce is a standout amongst the most imperative business choices an organization could make in today's quick moving environment. As per investor words (n.d), E-commerce is the purchasing and offering of items and managements by organizations and customers through an electronic medium, without utilizing any paper…

    • 1669 Words
    • 7 Pages
    Powerful Essays
  • Best Essays

    Use of information to the discretion of the prediction of economic growth driven by investments in the Information and Communication Technology(ICT). This paper discuss on the use of ICT that contributes to the economic growth and how it being measured. Prediction analysis resulting to empirical studies and research had been carried out between ICT and economic growth found there is both mixed results depending on the methodology of the research engaged and geographical landscape or situation that should be considered. The analysis of estimates reveal a significant impact on economic growth of investments in ICT towards specific region implies whereby countries seek to enhance their economic growth, they need to implement specific policies that facilitate investment in ICT. A proposed future research has been made in this paper that could help to ensure the role and impact of ICT to spur the economy growth with the continuing trend that is growing is also given.…

    • 4671 Words
    • 19 Pages
    Best Essays
  • Powerful Essays

    Basically the history of E-Commerce starts as early as 1960s when the first Electronic Data Interchange…

    • 2549 Words
    • 15 Pages
    Powerful Essays
  • Powerful Essays

    The growth of the Internet in the past 10 years has been phenomenal. Companies large and small have embraced the Internet as a tool that can potentially expand their business beyond the traditional boundaries, which can give them a competitive advantage in the market place. The Internet and E-business websites seemed to many companies in the mid nineties as an elaborate, expensive and unnecessary company brochure. But the rapid evolution of e-business and Internet usage has seen their opinion dramatically change. In fact, companies now realise that they must participate in the e-business revolution to succeed in the modern and complex business environment. In 1996, Forrester Research Institute, a major E-commerce industry analyst, predicted that Business to Customer sales would be a $6.6 billion business in 2000, up from $518 million in 1996. In 2000 Business to Customer sales in the United States were actually about $18 billion, or 1% of total retail sales. In addition to that it is predicted that total e-commerce transactions in the US is predicted to reach between $3-$7 trillion in 2004 alone. Using the figures as a yardstick it is easy to see how far e-business has come and how much people have embraced it in such a short period of time.…

    • 2236 Words
    • 9 Pages
    Powerful Essays
  • Good Essays

    Electronic commerce is the process of buying, selling, or exchanging products, services, and information via computer networks. E-business is a broader definition of EC that includes not just the buying and selling of goods and services, but also servicing customers, collaborating with business partners and conducting electronic transactions within an organization.…

    • 3556 Words
    • 15 Pages
    Good Essays
  • Good Essays

    PROPOSAL E-Shop Website

    • 826 Words
    • 4 Pages

    E-commerce is fast gaining ground as an accepted and used business paradigm. More and more business houses are implementing web sites providing functionality for performing commercial transactions over the web. It is reasonable to say that the process of shopping on the web is becoming commonplace.…

    • 826 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    2 Sides of E-Commerce

    • 494 Words
    • 2 Pages

    Today with the advancement of Internet all steps carried in the business or trade such as Ordering, Selling, Marketing and Support are carried through E-commerce.…

    • 494 Words
    • 2 Pages
    Satisfactory Essays

Related Topics