E-Commerce In A Developing Country Like Bangladesh: Philosophy And Reality.
Author: Md. Mahedi Hasan
Biographical Sketch: Md. Mahedi Hasan received Master of Business Administration (M.B.A.) Major in MIS, Degree from Sikkim Manipal University Of Health Medical & Technological Science and B.Sc (Hons) in Computer Science Degree from Bangalore University, India, Presently Working as a Senior Lecturer, Prime University, Dhaka, Bangladesh. His areas of interest include E-commerce, Digital Image, and MIS.
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International Journal of Engineering Research & Technology (IJERT) ISSN: 2278-0181 Vol. 1 Issue 8, October - 2012
1. Abstract E-commerce has a significant impact on business costs and productivity. The Internet has opened up a new horizon for trade and commerce, namely electronic commerce (ecommerce) has a chance to be widely adopted due to its simple applications. Thus it has a large economic impact. It gives the opportunity for “boundary crossing” as new entrants, business models, and changes in technology erode the barriers that used to separate one industry from another. This increases competition and innovation, which are likely to boost overall economic efficiency. However, e-commerce is considered as close substitute for the conventional on-shop transaction keeping in mind the premises that different types of media (print, audio,
delivery process in buying and selling system. Of course, in this age of information super high-way, nobody can challenge the possibility that effective and quality services can be offered through different types of modern media – without any real shopping place. Real shopping centre can be substituted by the virtual market environment. Now a question frequently strikes our mind: “Is the realities in the developing countries like Bangladesh, where access to modern technologies
References: 16. The Daily Star, December 08, 2000. Money Suits Galore: 57,435 Cases Lying Pending with Artha Rin Adalat, Article, Page 1. 17. The Daily Star, December 08, 2000. No Laws, No Tax, Editorial, Page 6.