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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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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BT8902 – E-Commerce – 4 Credits (Book ID: B1186) Assignment Set (60 Marks) Answer all questions 6x10 = 60 1. Explain the different activities carried out on E–Commerce‚ with appropriate examples. The core activities that are carried out on Electronic Commerce are: a) Buying and selling of products b) Shipping of products c) Producing financial statements All the above functions are carried out without any human intervention‚ and that is the reason of coining “E” in E–commerce. This however
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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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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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4 Exercise # 1 Review question # 1 briefly describes the technologies that are leading businesses into the third wave of electronic commerce. The technologies that are leading the business in the third wave of e-commerce are smart phone (mobile commerce)‚ tablet computers‚ radio frequency identification (RFI) devices and smart card and the social commerce. Today’s mobile phones are not limited to sending and receiving e-mails. Smart phone has software (apps) that can do many activities and
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Journal Chapter 1: In the first chapter‚ the author first writes about the origin of the stone. Then it comes to the very end of the story and writes a conversation between the stone and the Taoist called Vanitas. Next‚ it starts to talk about the story which first starts with the decline of Shi-yin Zhen`s family. When reading the origin of the stone‚ I find the description of the stone provides me with a great sense of mystery‚ which keeps me reading forward. Maybe it is because the stone is
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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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Question 1 “E-banking will have a more profound effect on banking than ATMs ever did.” Do you agree? Surf the Internet‚ investigate the topic‚ and defend your answer. Answer 1- With cybercafes and kiosks springing up in different cities access to the Net is going to be easy. Internet banking (also referred as e banking) is the latest in this series of technological wonders in the recent past involving use of Internet for delivery of banking products & services. Internet banking is changing
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Review Questions RQ1. Describe three factors that would cause a company to continue doing business in traditional ways and avoid electronic commerce. Traditional commerce can be a better way to sell items that relay on personal selling skills. Many businesses are using a combination of personal contact enhanced by an online presence to sell items such as high-fashion clothing‚ antiques‚ or food Small purchases over the net would actually increase the cost of doing business due to the fact
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