The history of ecommerce can be traced back to the invention of the very old notion of “sell and buy” computers, electricity, cables, modems as well as the internet. The first e-commerce transactions was started in March, 4, 1983 by Alex Randall, (YouTube, 2008) but people started using ecommerce in 1991, when the internet was opened for commercial use and since then, there have been thousands of businesses which put up their businesses at web sites. The term ecommerce was used before to refer to the process of executing commercial transactions electronically thus with the assistance of the leading technologies such as Electronic Funds Transfer (EFT) and Electronic Data Interchange (EDI), through their help, they gave users opportunities to exchange business information as well as ability to do business transaction electronically. These technologies have been used even before, in the 1970s, these technologies’ ability was used by business companies as well as organizations to send electronically the commercial documentation.…
In this article, the main topic is online business. It explains the importance of e-business and how vital it is to have adequate laws that protect the business. These laws should be used and known worldwide, since any individual can make a purchase from anywhere in the world (different places, different laws). This article uses e-business in Mexico as a perfect example. E-business is at an early stage in Mexico, which means no specific laws pertain to e-business. E-business is not mentioned anywhere in Mexican laws or regulations, making it difficult to validate any enforcement. Mexico is currently in the process of drafting and putting together laws and regulations pertaining to e-business.…
a.) Given what you know of Li & Fung, is this a good move for the company? What is required of a firm as it alters a distribution channel or its place in a distribution channel? What is required of a firm in managing a consumer brand? Does Li & Fung have the necessary skills to succeed in these areas?…
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.…
Laudon, Kenneth C, Guercio Traver, Carol (2007). E-Commerce: Business, Technology, Society, Third Edition, Published by Prentice Hall. Copyright © 2007…
“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).…
Ans#1- Li & Fung Limited is a global trading group. A company would like to use the supply chain management services of Li & Fung because it manages the supply chain for high volume, time sensitive consumer goods, delivering the right location. It focuses on providing a one- stop shop service through a network of 69 sourcing offices in 40 countries. Company would prefer Li & Fung rather than organising in-house department or appointing a senior manager to handle these activities because it provides services range from product design , development, through raw material and factory sourcing, production planning and management, quality assurance and on to export documentation and shipping consolidation. Moreover company use Li & Fung because it could be an effort to also reduce costs.…
At a recent board meeting, a decision was made to investigate the possibilities of e-commerce as a…
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.…
Journal of Theoretical and Applied Electronic Commerce Research ISSN 0718–1876 Electronic Version VOL 4 / ISSUE 2 / AUGUST 2009 / 20-30 © 2009 Universidad de Talca - Chile…
The valentines dance was coming up at Niall and Micayla's school. They were bestfriends. They both secretly liked eachother, but neither of them knew it.…
Trading data (local/US$) 52-wk range Market cap. Shares o/s Free float Avg. daily volume ('000) Avg. daily value (m) Balance…
The goal of effective supply chain management is to "gain competitive advantage through optimizing flows within the enterprise". The Hong Kong listed company Li & Fung Ltd represents one of the world 's best examples of achieving this goal. The company financial history clearly tells that story. Just last year, L&F saw profit attributable to shareholder increase by 23%. In fact, over the past 14 years, L&F has seen steady compound annual growth rate of 22%. Not bad performance for a small family company that started in Guangzhou in 1906 trading silk and porcelain. In 1937, L&F moved its headquarters to one of the world 's most efficient seaports, Hong Kong, a move that would have a critical impact on their supply chain management. The L&F Group now has three main business groups in trading, retailing, and distribution. Garments make up the major portion of L&F business also including fashion accessories, furnishings, gifts, handicrafts, home products, promotional merchandise, toys, sporting goods and travel goods.…
Ahora, con el nuevo correo web inalámbrica desde teléfonos celulares y otros dispositivos de comunicación pda, el Internet se afecta a más vidas que nunca antes. Seguridad y privacidad se refiere, junto con e-business la reglamentación se hará más frecuente. Se convertirá en más difícil de averiguar que usted puede confiar en línea, con todos los inmorales, ilegales, y mercadeo por Internet y fraudes en línea y la publicidad e-business de estafas por correo electrónico. Negativos o difamatorios artículos publicados acerca de varias personas y empresas en otros sitios Web, si no se investigó, podría tener consecuencias jurídicas de difamación que se extienden en todos los países. Además, examinar cuidadosamente lo que se publica en Weblogs o Blogs de corto. Un blog es simplemente un sitio web en el que diaria, semanal o mensual se publican de pensamientos personal o corporativo, ideas y acontecimientos pueden ser publicadas y compartidas con otros. Interacción con los lectores se pueden configurar en forma de comentarios de los visitantes. Normalmente los sitios blog se puede establecer de forma gratuita.…
UNIVERSIDAD DE SAN CARLOS DE GUATEMALA FACULTAD DE CIENCIAS ECONÓMICAS ESCUELA DE ESTUDIOS DE POSTGRADO MAESTRÍA EN ADMINISTRACIÓN FINANCIERA TRIMESTRE II…