WHAT IS ELECTRONIC COMMERCE? The advance and growth in IT & internet have enabled revolutionary vast changes in the way businesses and people trade. Trading in its simplest definition is all about communication. The spread of computers worldwide and the usage of information technology have played a major role in facilitating and enhancing the communication between traders therefore gave the ignition for E-commerce to come to light. Electronic commerce (e-commerce) has many definitions found
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E-commerce advantages and disadvantages E-commerce provides many new ways for businesses and consumers to communicate and conduct business. There are a number of advantages and disadvantages of conducting business in this manner. E-commerce advantages Some advantages that can be achieved from e-commerce include: • Being able to conduct business 24 x 7 x 365 . E-commerce systems can operate all day every day. Your physical storefront does not need to be open in order for customers and suppliers
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Introduction to E-Commerce Electronic commerce‚ commonly known as e-commerce‚ eCommerce or e-comm‚ refers to the buying and selling of products or services over electronic systems such as the Internet and other computer networks. However‚ the term may refer to more than just buying and selling products online. It also includes the entire online process of developing‚ marketing‚ selling‚ delivering‚ servicing and paying for products and services. The amount of trade conducted electronically has
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And in another hadith: “The best of sinners are those who repent” Allahumma innaka `afuwwun tuhibbul `afwa fa`fu `annaa – O Allah! You are forgiving‚ and you love forgiveness. So forgive us! After giving adhan in the baby’s ear‚ is it from the Sunnah to give iqaamah in the other ear “Say‚ ‘O My servants who have transgressed greatly against themselves through sins! Do not despair of the Mercy of Allaah. Indeed Allaah forgives all sins to those who repent. Indeed He is the Oft-Forgiving‚ the Most
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Chapter 1 Introduction 1.1 E-Commerce or E-Business: Electronic commerce which is commonly known as E-commerce or E-business is a modern concept of doing business. In layman’s language‚ it is the buying and selling of products and services over electronic systems which mainly comprises of internet. In this form of business the payment for goods and services is also done electronically i.e. by using credit cards. This concept has reached its maturity in developed countries like the United States
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Alibaba Group and its Impact towards Business & Society Alibaba Group is an e-commerce company founded by Jack Ma in year 1999. As an entrepreneur‚ one must be willing to take the risk in starting a business. Being an entrepreneur‚ Jack Ma has vision‚ innovation and determination. He foresaw the potential of the Internet that is going to help in business growth in China. He took a risk and began his entrepreneur journey. He started the business of Alibaba to help other small businesses
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unscrupulous stockholders‚ creditors‚ and other parties related to the financial performance give enormous pressure to accounting professionals (2012). Consequently‚ business managers are in severe stress in maintaining ethical standards. Some human-resource professionals agreed that they have to compromise the code of ethical business conduct because of the oppression. And as a result‚ according to the opinion of Swanson and Fisher (2008)‚ ethics and its importance in decision making have become significant
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Case Study | Alibaba Group “ 5 Application Delivery Networking solutions enabled us to build F globalized data centers that are secure‚ reliable‚ and fast.” Wang Zhilei‚ Operations Director‚ Alibaba B2B Overview Alibaba Builds a Secure‚ Reliable‚ and Fast Data Center Using F5 Application Delivery Networking Products Global e-commerce leader Alibaba Group is the largest e-commerce company in China. The company plans to expand its operations significantly‚ and needed to support several
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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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1. Introduction to Corporate social responsibility and MAS Holdings. Corporate social responsibility or CSR in its general definition is where a company sets out regulations for itself as to have no dispute with the norms and standards‚ may it be environmental or social‚ of its external environment. Some companies however‚ go the extra mile‚ companies such as MAS Holdings‚ a private listed company‚ founded by Mahesh Amalean and his two brothers‚ where they have been practicing CSR‚ maintaining proper
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