Preview

economic impact of e-commerce in developing country like bangladesh

Powerful Essays
Open Document
Open Document
5227 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
economic impact of e-commerce in developing country like bangladesh
Chapter 1
Introductory Aspects

1.1 Background of the Study
Electronic commerce over the Internet is a new way of conducting business. Though only three years old, it has the potentials to radically alter the economic activities and the social environment. Already, it affects such large sectors as communications, finance and retail trade (altogether, about 30 per cent of GDP). It holds promise in areas such as education, health and government (about 20 per cent of GDP). The largest effects may be associated not with many of the impacts that command the most attention (e.g. customized products, the elimination of middlemen) but with less visible, but potentially more pervasive, effects on routine business activities (e.g. ordering office supplies, paying bills, and estimating demand), that is, on the way businesses interact. I feel very interesting to make report on such a nice topic is the partial fulfillment of BBA program as assigned by my honorable supervisor and my report is titled “The economic impact of e-commerce in developing country like Bangladesh”.
1.2 Objectives of the study:
 To know the drivers of e-commerce in developing countries
 To know the significance of e-commerce in the global business
 To know the social impact of e-commerce in developing countries
 To know the economic impact of e-commerce in developing countries
 To finding out the problems faced with e-commerce in developing countries
1.3 SCOPE OF THE STUDY:
E-commerce includes online credit card transactions, e-cash, e-billing, e-cherubs, electronic invoices, purchase order and financial statements. These factors nowadays used in the developing countries which can significantly impact the economy and so studying such matters provide me idea to analyze at the contributing factors of the economy. E-commerce is the process of managing online financial transactions by individuals and companies. This includes business-to-business (B2B), business-to-consumer

You May Also Find These Documents Helpful

  • Satisfactory Essays

    JDT@ task 1A

    • 625 Words
    • 2 Pages

    Or WBS Project cost management can use earned value once the project has started by calculating what has beenn completed versus what needs to be completed. An also use a gannt chart anuse the tale in the case study to show how much people were paid to complete part of the project and the time spent. Can conduct skype meetings weekly to share the information to all team members. Using Skype to meet will be more efficient because team members could not set a day and time for ALL to meet in one location. A WBS can also be helpful here to separate all the costs and budgets to organize in a manner where the team can understand what money goes where.…

    • 625 Words
    • 2 Pages
    Satisfactory Essays
  • 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

    “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).…

    • 1838 Words
    • 8 Pages
    Powerful Essays
  • Better Essays

    • • • LO1 Know the technologies required for an e-commerce system Technologies • hardware e.g. web server and specifications, monitor, keyboard, mouse, modem, network card • software e.g. server, web browser, web creation and database creation software • networking e.g. ports, protocols, TCP/IP • domain names and registration • programming e.g. MySQL, PHP, JavaScript, HTML • internet speeds and connections • W3C. LO3 Understand the effects of e-commerce on society Risks • hacking • viruses • identity theft • passwords • fraud • returns • payments. Solutions • firewalls • virus software • SSL, HTTPS • data security methods • returns policy • secure payment software. LO2 Understand the impact of e-commerce on organisations Advantages • 24/7 opening • global business opportunities • start-up and running costs are low • can be used to expand a retail business • increased income • customer information can be stored • competitors can be monitored • can be searched easily • can be run from home • can be managed easily • ease of access by customers.…

    • 2553 Words
    • 16 Pages
    Better Essays
  • Powerful Essays

    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.…

    • 1587 Words
    • 7 Pages
    Powerful Essays
  • Powerful Essays

    Wyckoff, A. (1999). The economic and social impact of electronic commerce: Preliminary findings and research agenda. Paris: OECD.…

    • 1233 Words
    • 5 Pages
    Powerful Essays
  • Powerful Essays

    Electronic commerce, and more broadly electronic business, has seen amazing growth in the past 15 years. With the introduction of Web browsers that incorporated user friendly graphic interfaces, E-commerce saw the beginning of its amazing growth. While talking about e-commerce and e-business, it is important to understand that there is a difference between the two. E-commerce is the process of exchanging goods and services over an electronic means, most popularly done over the Internet. E-business is the total activities a business engages in over the Internet, this includes e-commerce. Simply e-commerce is a small part of the makeup of e-business.…

    • 2973 Words
    • 12 Pages
    Powerful Essays
  • Powerful Essays

    Acca Oxford Brookes Degree

    • 6446 Words
    • 26 Pages

    This research project is focused on the growth and impact of the e-commerce industry and how it has revolutionized global trade by practically, and amongst others scaled down some of the major impediments that have…

    • 6446 Words
    • 26 Pages
    Powerful Essays
  • Powerful Essays

    E Commerce in Thailand

    • 5370 Words
    • 22 Pages

    This e commerce report identifies opportunity and threats to online purchases and e commerce trends in Thailand. It reports consumer behavior towards online purchases and briefly analyzes e commerce industry in Thailand. E Commerce in Thailand remains a popular exchange channel because of rise in number of active internet users. In Thailand, the number of internet users estimated by www.internetstat.com shows it has 18.3 million users which accounts for 27% of the Thailand population in 2011. Facebook accounts for 10.6 million users. This proves technology penetration level and plays big role in influencing lives of consumers in Thailand.…

    • 5370 Words
    • 22 Pages
    Powerful Essays
  • Powerful Essays

    The primary objective of the study is to identify the main problems and limitations of E-marketing in Bangladesh.…

    • 6086 Words
    • 25 Pages
    Powerful Essays
  • Powerful Essays

    1) Briefly explain the evolution of microprocessor based on IC fabrication technology clock frequency & instruction cycle.…

    • 2982 Words
    • 12 Pages
    Powerful Essays
  • Powerful Essays

    The report is divided into several chapters to make it convenient for the readers to understand the scope of the report and the analysis it has made.…

    • 6254 Words
    • 26 Pages
    Powerful Essays
  • Powerful Essays

    market is worth about Rs 50,000 crores in 2011. About 80% of this is travel related (airline…

    • 9469 Words
    • 65 Pages
    Powerful Essays
  • Satisfactory Essays

    Research Plan Emarketing

    • 268 Words
    • 2 Pages

    The main objective of this study intends to determine the impact of e-marketing on physical businesses in Bangladesh. There are some other objectives too like:…

    • 268 Words
    • 2 Pages
    Satisfactory Essays

Related Topics