The Economic and Social Impact of E-commerce By Daniel Karam 1. INTRODUCTION 2. BODY – a. Understanding E-commerce: a.i. Definition a.ii. Types b. E-Commerce’s Impact on economy: b.i. GDP Growth b.ii. E-Commerce in developing countries c. E-Commerce’s Impact on society: 3. CONCLUSION Abstract Electronic commerce has had large economic effects in
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E-commerce is the buying and selling of goods and services‚ or the transmitting of funds or data‚ over an electronic network‚ primarily the Internet (Rouse). These business transactions occur in business-to-business‚ business-to-consumer‚ consumer-to-consumer or consumer-to-business (Kinjal‚ 2014). The terms e-commerce and e-business are often used interchangeably. E-commerce is conducted using a variety of applications‚ such as email‚ fax‚ online catalogs and shopping carts and web services (Rouse)
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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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INTRODUCTION Electronic commerce Nowadays‚ E-commerce is widely used in all over the world. E-commerce is not only helps the businessman but also it is benefit to the customers. With e-commerce‚ it is impossible for us to face hardship of traveling to meet customers or to display and promote their goods to hypermarket but they can simply done their job by only used a internet. For customers‚ it is no longer for them to navigate a lot to get what they want or to stand in along queue but with enough
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1.0 BIBLIOGRAPHIC INFORMATION The title of the article is Impact of E-commerce on Travel and Tourism: An Historical Analysis written by the author‚ Farrokh G. Mamaghani‚ D.Sc. The journal for this article is International Journal of Management and was published at the year 2009‚ December. The author of this article‚ Farrokh G. Mamaghani‚ D.Sc is a Bachelor of Science (B.S.) in Physics from University of Tabriz‚ Iran and Master of Science (M.S.) in Systems Analysis and Management from George Washington
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E-COMMERCE BUSİNESS MODELS The ultimate goal of an e-business is to generate revenue and make a profit‚ similar to traditional businesses. It is factual that the Internet has improved productivity for almost all the organizations that are using it. Nevertheless‚ the bottom line is that productivity must be converted to profitability. To achieve profitability as the final goal‚ different e-businesses or e-commerce sites position themselves in different parts of the value-chain. To generate revenue
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Social Business Networking and E-Commerce BUS 352 e-Business December 10‚ 2012 Social networking websites have become most hyped phenomenon‚ be the site formed for the purpose of recreational social networking or for businesses or business professionals networking. In this particular assignment though‚ we will discuss about the social networking site that is formed for business professionals. We will discuss the elements and concepts pertaining to that social networking website that played
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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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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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First of all‚ Godiva.com wants to increase their sales‚ by using an online sales which at first they starts the click and mortar e-business Click-and-mortar organizations conduct e-commerce activities‚ but do their primary business in the physical 1- Identify the B2B and B2C transactions B2B- Refers to one business selling to another business via the Web Or Business-To-Business‚ a transaction that occurs between two companies‚ As opposed to a transaction involving a consumer
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