and permit applications can now be served via the internet. As early as June‚ 2000‚ the Philippine government through the Senate and the House of Representatives approved the E-Commerce Law in recognition of the vital role of information and communications technology (ICT) in nation-building. Known as the "Electronic Commerce Act of 2000" or House Bill No. 9971‚ the act was passed because of the need to create an information-friendly environment which supports and ensures the availability‚ diversity
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Critical Evaluation of Relevant Issues in E – Commerce E-commerce is short form of Electronic Commerce which actually means the virtual business or buying and selling of products or services over electronic systems such as the internet and or mobile networks. The invention of faster internet connectivity and powerful online tools has resulted in this new method of trading or commerce arena – Ecommerce. Ecommerce offered many advantages to companies and customers but it also caused many problems
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FIVE COMPETITIVE FORCES OF INDUSTRY Michael Porter has postulated that the intensity of competition in an industry is determined by its underlying economic structure1. And he further contends as we saw above‚ that the industry structure is shaped by five basic competitive forces: the threat of new entrances into the industry‚ the bargaining power of suppliers to the industry‚ the threat of substitute products or services‚ the bargaining power of customers or buyers‚ and the Rivalry among Existing
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CONSUMER PERCEPTION ON SECURITY IN E-COMMERCE PORTALS ABSTRACT With the introduction of internet and e-commerce many companies have been performing their business transactions through e portals such as C2B (Consumer to Business)‚ B2C (Business to Consumer) etc. Increasing technology changes has bought tremendous changes in online business transactions and /or processes (buying and selling) and currently this process has become common. Currently E-commerce portals are playing a vital role in online
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In the 19th century‚ America had a basic economy and small industry. It was also a new country‚ with few customs and traditions. It had not had time to acquire any‚ because it was still so new. America has grown a lot since then‚ and a lot of the steps we have taken to get to today’s bustling economy and immense industry took place in the nineteenth century. Commerce and industry contributed to America’s nineteenth century identity because it provided the framework for a larger economy in the
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The U.S. airline industry has been in a chaotic state for a number of years. In 1993‚ a U.S. government report indicated that the industry had “Lost huge amounts of money in the past three years‚ and it has never made a sustained‚ substantial return on investment…” According to the Air Transport Association‚ the airline industry trade association‚ the loss from 1990 through 1994 was about $13 billion‚ while from 1995 through 2000‚ the airlines earned about $23 billion and then lost about $35 billion
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REPORT ON THE IMPACT OF E-COMMERCE IN AN ORGANISATION OR INDUSRTY. EXECUTIVE SUMMARY In my report on the impact of E-commerce on an organisation‚ I have found that in this vastly developing world for any organisation to survive with its competitors it is very Important to involve themselves in E-commerce‚ throughout my report you will be able to find the truth to this as I look at how it differs from traditional department stores‚ how we can Improve customer service using the internet
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Abstract In this paper I will be analyzing the airline industry using Porter’s Five Forces. Porter’s Five Forces is a business management tool that allows firms to possess a clearer perception of the forces that shape the competitive environment of an industry‚ and to better understand what these forces indicate about profitability with regard to the microenvironment. The forces include Competitors‚ Threat of Entry‚ Substitutes‚ Suppliers‚ and Customers. When firms are able to widen their conception
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Introduction to E-Commerce Revenue Models Objectives In this chapter‚ you will learn about: Revenue models How some companies move from one revenue model to another to achieve success Revenue strategy issues that companies face when selling on the Web An Introduction to E-Commerce Winter 85‚ 2 1 Objectives (continued) Creating an effective business presence on the Web Web site usability Communicating effectively with customers on the Web An Introduction to E-Commerce Winter
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P 2.2 Discuss the global impact of e-Commerce on society. Ans Positive effects of e-commerce on society * Convenience * Helpful for disables and aged people * Time saving * Information availability * Helpful for new business * Jobs for society * 24 hour service * Available niche products * Disintermediation * Environment friendly Negative effects of e-commerce on society * Unemployment * Increase in crime * Health
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