Scant comprehensive literature exists about e-commerce risks. Anecdotal evidence indicates that the main risks associated with e-commerce concern hackers‚ viruses‚ and interception of credit card numbers travelling over telecommunication lines. Technological advances can mitigate many perceived risks and recent surveys indicate greater concern over more mundane issues such as running out of stock and high shipping costs. We have categorized risks in three primary areas: information risks‚ technology
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CHAPTER ELECTRONIC COMMERCE— TECHNOLOGY AND PROSPECTS 1.1 INTRODUCTION Commerce (the trading of goods) has been a major impetus for human survival since the beginning of recorded history and beyond. The mass adoption of the Internet has created a paradigm shift in the way businesses are conducted today. The past decade has seen the emergence of a new kind of commerce: e-commerce‚ the buying and selling of goods through human-computer interaction over the Internet. Traditional physical
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The Advantages of E-Commerce Kyvonne Coleman‚ Marketing 552 August 26‚ 2013 Professor Maureen Murphy Advantages of E-Commerce Economic Commerce (e-commerce) is a term used to describe any transaction of business that is conducted over the internet where an end-user provides information to receive or purchase a product from a retailor of any sort. Being in an age that majority of businesses thrive off of e-commerce‚ any business down to a fast food restaurant such as Pizza
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Internal Planning Factors Planning Factors These are the factors that relate to what is already happening inside the business. This includes how the organisation is changing to cope with new methods of working or new demands made on it‚ such as the introduction of technology or new products or services. It is also a way of considering the new skills that will be needed in the future and those that the existing staffs already have. The gap between the skills already present and those that are needed
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and the potential for rich interaction‚ the internet is a natural medium for travel transactions. Airlines are turning to e-commerce to keep business flying‚ and the reason they are focusing on selling tickets through their Web sites is that it is the cheapest distribution channel. From the customers perspectives‚ Internet have revolutioned the way of buying flight ticket. Customers can now purchase their tickets directly from the airlines via the Internet using intermediaries and/or cybermediaries
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ability to perform so many simple tasks at such great speed and with such a high degree of accuracy is what makes computers useful. “One can think a computer as a clerk who does nothing all day but sit and perform trivial‚ routine tasks according to given sets of instructions‚ and who does with perfect accuracy‚ infinite patience‚ a flawless memory‚ and unimaginable speed (Savitch‚ 1989:3)” The most commonly used system by several companies is the sales system and inventory system creating a web-based
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ECONOMIC IMPACT OF E-COMMERCE Ziaul Hoq School of Business American International University-Bangladesh (AIUB) Banani‚ Dhaka 1213‚ Bangladesh and Md. Shawkat Kamal Department of Management and Business BRAC University‚ 66 Mohakhali C/A Dhaka‚ Bangladesh. and A H M Ehsanul Huda Chowdhury School of Business American International University-Bangladesh (AIUB) Banani‚ Dhaka 1213‚ Bangladesh ABSTRACT E-commerce has a significant impact on business costs and productivity. E-Commerce has a chance
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Review Questions RQ1. Describe three factors that would cause a company to continue doing business in traditional ways and avoid electronic commerce. Traditional commerce can be a better way to sell items that relay on personal selling skills. Many businesses are using a combination of personal contact enhanced by an online presence to sell items such as high-fashion clothing‚ antiques‚ or food Small purchases over the net would actually increase the cost of doing business due to the fact
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Prospects and Problems Of E-commerce Prospects and Problems of E-Commerce Prepared for S I Nusrat A Chaudhury Associate professor Department of Business Administration & Head of Career Counseling Center East West University Prepared by Razoanul Amin Talukder 2005-2-10-207 Sazzad Hossain 2005-3-10-091 Tanzia Afrin 2005-2-10-271 Sk. Abdul Mukit 2005-2-10-135 Golam Kibria 2005-3-10-136 Date of Submission: April 13‚ 2008 [pic] 10 April 2008
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Although e-commerce application is not very popular in Sri Lanka‚ there are several organizations which successfully apply e-commerce in their business. One of the such organization is Kapruka (www.lanka.info). The main objective of Kapruka is to provide online shopping facilities. In addition they have wide range of services for customers. They are gift delivery in Sri Lanka‚ photo print and delivery to customers‚ download Sinhala Mp3‚ rent a car in Sri Lanka‚ astrology services‚ and obtain
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