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
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What is an E- Commerce? Electronic commerce‚ commonly known as e-commerce or e-commerce‚ is a type of industry where the buying and selling of products or services is conducted over electronic systems such as the Internet and other computer networks. 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
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www.ccsenet.org/mas Modern Applied Science Vol. 5‚ No. 2; April 2011 Towards Digital Economy: The Development of ICT and E-Commerce in Malaysia Muhammad Jehangir Department of Computer and Information Sciences Universiti Teknologi PETRONAS‚ Malaysia E-mail: janisbg22@yahoo.com P.D.D Dominic Department of Computer and Information Sciences Universiti Teknologi PETRONAS‚ Malaysia E-mail: dhanapal_d@petronas.com Naseebullah Department of Computer and Information Sciences Universiti Teknologi PETRONAS
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CHAPTER Introduction to e-commerce 1 LEARNING OBJECTIVES ● ● ● ● ● ● To understand the complexity of e-commerce and its many facets. To explore how e-business and e-commerce fit together. To identify the impact of e-commerce. To recognise the benefits and limitations of e-commerce. To use classification frameworks for analysing e-commerce. To identify the main barriers to the growth and development of e-commerce in organisations. WHAT IS ELECTRONIC COMMERCE? Even today‚ some considerable
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This has profoundly changed the economics‚ markets and industry structure‚ products and services and their flow. The consumer segmentation‚ values and behavior has been shifting constantly due to new technological advances in electronic commerce and mobile commerce. E-commerce has given consumers cheaper products and services‚ instant delivery‚ no sales tax and information availability. The changes in the Internet and World Wide Web technologies and services lead to new developments in the way E-government
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1‚ # 4 Exercise # 1 Review question # 1 briefly describes the technologies that are leading businesses into the third wave of electronic commerce. The technologies that are leading the business in the third wave of e-commerce are smart phone (mobile commerce)‚ tablet computers‚ radio frequency identification (RFI) devices and smart card and the social commerce. Today’s mobile phones are not limited to sending and receiving e-mails. Smart phone has software (apps) that can do many activities
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2014 China E-commerce Report (Brief Edition) www.iresearchchina.com 1 Overview of China E-commerce Market in 2014 2 Performance of Different Market Segments in 2014 2 2 Overview of China E-commerce Market in 2014 12.3 Trillion Yuan GMV With Steady Growth As one of e-commerce market segments‚ online shopping increased 48.7% in GMV in 2014 compared with 2013 and occupied 10% of the total retail sales of consumer goods in China‚ which showed that online shopping had become the most powerful
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Brick and Mortar Retail vs. E-commerce What is the Solution? 1. Executive Summary Although the recent development of the Internet has skyrocketed business sales for the average e-commerce company‚ there are many advantages that they are missing out on that a brick and mortar organization can provide. So where is the ultimate middle-ground a firm can search for when aspiring to provide quality products and quality customer service in the most efficient way? The following is a discussion on the
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Objective of study The first objective of the study is to identify the ethical problems and issues related to e-commerce. The Internet poses fundamental challenges to issues central to society. With the advent of E-Commerce‚ it brings with it a host of ethical issues surrounding customer privacy. In protecting individual and corporate privacy‚ it has become a major ethical issue where it has created an entire segment of Internet industry firms whose mission is to help consumers protect sensitive
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Through innovation‚ they strive to bring a seamless experience to let customers shop anytime and anywhere online‚ mobile devices and in stores. Overall‚ Walmart operates over 11‚000 retail unites under 71 banners in 27 different countries and e-commerce websites in 10 countries. A total of 2.2 million associates worldwide work for Walmart. Over the recent years however‚ other companies like Amazon have come into play‚ forcing Walmart to make the switch to having a strong E-business model. (Walmart
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