1 CHAPTER ELECTRONIC COMMERCE— TECHNOLOGY AND PROSPECTS 1.1 INTRODUCTION Commerce (the trading of goods) has been a major impetus for human survival since the beginning of recorded history and beyond. The mass adoption of the Internet has created a paradigm shift in the way businesses are conducted today. The past decade has seen the emergence of a new kind of commerce: e-commerce‚ the buying and selling of goods through human-computer interaction over the Internet. Traditional
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Most important factors of micro environment of business are as follows: 1. competitors‚ 2. customers‚ 3. suppliers‚ 4. public‚ 5. marketing intermediaries‚ 6. workers and their union! The micro environment of the organisation consists of those elements which are controllable by the management. Normally the micro environment does not affect all the companies in an industry in the same way‚ because the size‚ capacity‚ capability and strategies are different. For example‚ the raw material suppliers
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ECONOMIC IMPACT OF E-COMMERCE Ziaul Hoq School of Business American International University-Bangladesh (AIUB) Banani‚ Dhaka 1213‚ Bangladesh and Md. Shawkat Kamal Department of Management and Business BRAC University‚ 66 Mohakhali C/A Dhaka‚ Bangladesh. and A H M Ehsanul Huda Chowdhury School of Business American International University-Bangladesh (AIUB) Banani‚ Dhaka 1213‚ Bangladesh ABSTRACT E-commerce has a significant impact on business costs and productivity. E-Commerce has a chance
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1. Macro environment External environment is the uncontrollable factors‚ forces‚ situations‚ and events outside the organization that affect its performance and strategies. As shown in below figure‚ the examples of macro environment of an organisation is include factors such as social cultural‚ political and legal‚ globalisation‚ economy‚ demographical and also technology. Detailed definition of macro environment factors mentioned and the description showed as below. Figure 1: Component of
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Singapore Macro-environment PESTLE Analysis Political Singapore is relatively unique in terms of its political environment. There are very few opposition parties‚ and the main political group is the People’s Action Party (PAP) that governs Singapore since it achieved its independence in 1965. Singapore‚ under the leadership of the PAP‚ possesses a distinct political culture: authoritarian‚ pragmatic‚ rational and legalistic. Singapore’s power structure is highly centralised‚ regarded
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Micro Macro A company ’s marketing environment is made up of the ACTORS AND FORCES outside marketing that affect marketing management ’s ability to build and maintain successful RELATIONSHIPS with target customers. The marketing environment is made up of the micro environment and the macro environment. The micro environment consists of the ACTORS CLOSE to the company that affect its ability to serve its customers - the company‚ suppliers‚ marketing intermediaries‚ customer markets‚ competitors
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ASSIGNMENT ON E-COMMERCE IN BANGLADESH Submitted To: Submitted by: Table of Contents Ecommerce .....................................................................................3 History of E-Commerce....................................................................3 Why e-Commerce for Bangladesh……………………………………………….4 Traditional and Electronics Business Transaction ............................5 Traditional Commerce vs e-Commerce............................................3 Dimensions
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1.1 The micro-environment This environment influences the organization directly. It includes suppliers that deal directly or indirectly‚ consumers and customers‚ and other local stakeholders. Micro tends to suggest small‚ but this can be misleading. In this context‚ micro describes the relationship between firms and the driving forces that control this relationship. It is a more local relationship‚ and the firm may exercise a degree of influence. These are internal factors close to the company
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Overall‚ the expansion of the business through the e-commerce will be considerably beneficial‚ enlarging the market and people’s awareness of the organization. 1.2 The MD and the others directors of Mountain Footwear have requested for a report based on considerations in order to determine whether it would be an advantage or not to start up an online service aimed to allow customers’ purchases through the internet. 1.3 An explanation of e-commerce is given by Rayport & Jaworski (2001‚ p.3) who
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BDB2033 / BADB 2033 E-COMMERCE Semester : June 2013 Course Leader : Abdul Aziz bin Mohamed Office Location : Faculty of Business Administration‚ UNIRAZAK B1-10‚ Leisure Commerce Square‚ Petaling Jaya‚ Selangor Consultation Hours : by appointment Telephone : Off: 03-7627 7279 HP: 018-7785002 (call weekdays and during office hours only) E-mail : aziz@umtech.my Course Synopsis This foundational course focuses on principles of e-commerce from a business perspective
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