Information Age‚ the Internet economy is said to be the next growth engine. The advanced technology of the Internet has brought traditional business activities to a whole new level‚ which is electronic commerce. Internet is the strong force which fuels the growth of e-commerce. Electronic commerce refers to a wide variety of online business activities for any forms of products and services. Examples of online business activities are the delivery of business information‚ the transfer of ownership
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IT2301 ELECTRONIC COMMERCE UNIT – 1 INTRODUCTION Traditional Commerce and E-Commerce: Traditional Commerce: Traditional commerce perhaps started before recorded history when our ancestors first decided to specialise their everyday activities. Instead of each family unit having to grow crops‚ search for food‚ and make tools‚ families developed skills in one of these areas and traded some of their production for other needs. It started with bartering‚ which eventually gave
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merchants traveled around the world and learned the more efficient ways to govern and different cultures or rituals they could adapt. Trade helped shape and link societies and people from the entire world and this motivated and sustained long distance commerce. 2. Eastern Hemisphere societies developed long distance trade more extensively than Western Hemisphere societies because of geography. Some geographical differences added obstacles. For example the narrow bottleneck of Panama covered with
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Chapter 15 E-Commerce Strategy and Global EC Learning Objectives Upon completion of this chapter‚ you will be able to: 1. Describe the strategic planning process. 2. Understand how e-commerce impacts the strategic planning process. 3. Understand how EC applications are formulated‚ justified‚ and prioritized. 4. Describe strategy implementation and assessment‚ including the use of metrics. 5. Understand the causes of EC failures and lessons for success. 6. Evaluate the issues
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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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2001 Internet E-business and Strategies‚ McGraw-Hill Irwin‚2001 • Alt and Zimmerman‚ E-business‚ Hill Irwin;2000 • Applegate‚ E-business models‚ Hill Irwin;2001 • Arnould‚ E.J Consumers‚ 1st edition‚ McGraw Hill‚ 2002 • Burnes B. Electronic commerce ‚ Prentice-Hall;2002 • Cateora‚ P.R and Graham‚ J.C‚ International Marketing‚ 11th edition‚ McGrawHill ‚ 2003 • Collard. D. R ‚ Achieving Total Quality‚ Short Run Press Limited ‚ 1993 • Chen S.‚ Strategic Management of e-business; Chichester:
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Brief Description of week 2 submission: At the beginning of the semester my understanding of responsible commerce was‚ for companies to build a socially acceptable business‚ that not only conformed to shareholders wants but to that of society and the environment. Social responsibility is about being transparent so that the business has the trust of the community. It is about looking after all people who have an interest in the business managers‚ to employees‚ the community‚ government‚ it is all
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Chapter 1 1.1 Background of the study Since the launch of Internet the large planet has become a smaller one. It has rendered enormous impacts on business sectors. Remarkable development in ICT (Information and Communication Technology) has introduced a global revolution in banking sectors. The global trend in business arena set some challenges that cannot be fulfilled with the help of the traditional banking system. The survey of current banking system in Bangladesh reveals the fact that it
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and Employment. Non-economic activities are undertaken not for earning money but for personal satisfaction. Examples: A housewife looking after her family‚ A person visiting a temple are the examples of non-economic activities. 1.Introduction to Commerce Difference between Economic and Non- Economic Activities. Basis Purpose Reward Economic Activity Profit Non-Economic Activity To satisfy personal‚ social‚ religious and patriotic beliefs. Not expected to create any financial reward Emotional and
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