of Cncard on the Chinese electronic payment system and online game industry. Design/Methodology/Approach – The paper takes the form of a case study. Findings – To do online business in China‚ firms need to consider the payment problem because current e-payment system is not reliable and widely applicable. In this paper‚ Junnet.net‚ a Chinese online payment company specialized in online game industry‚ introduced a collective prepaid card Cncard to solve EPS problem. The findings show that Cncard
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Study notes for commerce. Consumer choice Comparison shopping * Impulse buying means buying something without giving much thought to whether you really need it. * A retailer is a person or business that sells directly to the consumer * Comparison shopping is shopping around to find the best deal * If there is a lot of difference in the prices‚ the cheapest product may not always be the best because it may be not last as long as the expensive product Retail stores *
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Open Market software and pay a small fee for every online transaction. After the first fiscal year‚ the total sales of all the merchants were very low in comparison to projections. Open Market then decided to focus on producing custom developed e-commerce applications which cost between $250‚000 to $1‚000‚000 dollars. In 1995‚ Gary Eichorn joined Open Market Inc. as the new President and CEO. After Eichorn joined‚ Open Market began broadening their target market and product lines in order to attract
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The Archetype of a Noble Savage The definition of a noble savage is a primitive human representing natural goodness and simplicity when not encumbered by civilization. When born‚ humans are naturally good. We are naturally benevolent and compassionate creatures and it is only through the corruption from society and others do we become immoral. The Monster consistently displays this trait by doing noble things‚ but by the influence of society he becomes evil and malicious. Therefore‚ the idea
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Introduction: Internet‚ E-commerce E-commerce is used to describe the execution of business transactions within and across countries using the internet. In simpler terms e-commerce is the process of buying and selling via the internet (Graham‚ 2008). These transactions may either be B2B or B2C or C2C. Generally internet usage level and infrastructure for e-commerce are very low in poorer countries (Shenkar & Luo 2008. The trend is fast changing and according to the Internet World Stats‚ as at September
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Chapter 1: electronic commerce (EC) The process of buying‚ selling‚ or exchanging products‚ services‚ or information via computer networks‚ including the internet e-business A broader definition of EC that includes not just the buying and selling of goods and services‚ but also servicing customers‚ collaborating with business partners‚ conducting e-learning‚ and conducting electronic transactions within an organization Pure and Partial E-Commerce Partial e-commerce is when a company will
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‘Electronic commerce and the Internet are fundamentally changing the nature of supply chains‚ and redefining how consumers learn about‚ select‚ purchase‚ and use products and services’ (Sreenivas‚ 2007) According to Barnes and Lea-Greenwood (2006) and Berger (n.d)‚ mass-communication has allowed consumers greater access to information and consequently the performance gap between companies can no longer be hidden. With the introduction of e-commerce‚ how consumers behave and what they demand
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uncertainty; the construction industry which has in the past been widely criticised for its lack of trust‚ inefficiency and instability are leaving clients with little choice but to vertically integrate some of the functions that has previously been bought through the market. This was evident in a current article in the Building magazine which recorded the following: Fears are growing that housing associations are looking to take their repairs and maintenance work back in house in response
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Zimbabwe internet firms to spy on customers afrol News‚ 7 June - Internet service providers (ISPs) in Zimbabwe have been ordered to spy on their customers‚ including the monitoring of so-called "illegal content" of e-mails. In addition to creating a new tool of censorship‚ this places "an impossible burden" on internet providers‚ the industry holds. The state telecommunications monopoly TelOne has asked internet service providers to sign commercial contracts that oblige them to take "all necessary
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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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