Table of Contents Definition and types of E-commerce 3 E-commerce payment systems 3-4 Importance of E-commerce in modern business 3 Conclusion 7 Recommendation 7 References 8 E-Commerce refers to the buying and selling of products and services over electronic systems like the internet and other computer networks. This system depends on technologies like electronic funds transfer‚ supply chain management‚ internet marketing‚ online transactions
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E-commerce can be defined as‚ “ICT mediated transactions between an organization and its customers‚ suppliers and employees. It simply means that transactions between a firm and its customers and suppliers are transmitted over computer networks.”(Simon Fraser). Ecommerce has many advantages as well as disadvantages. I will attempt to elaborate on some of those advantages and disadvantages from both the buyer and seller point of view. I will begin from the sellers’ perspective. There are many
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for all of industry ’s superficial acknowledgement of the need for environmental responsibility‚ no other organization has so completely focused on balancing financial‚ social and environmental results. Dow has incorporated a highly successful e-commerce strategy‚ not only for the benefits it can yield in business results‚ but also as part of its ongoing implementation and management of its Triple Bottom Line business model. Introduction "The ocean will be dead in seven years!" So prophesied
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Table of Contents {text:bookmark-start} Definning e-commerce {text:bookmark-end} There are nearly as many definitions of e-commerce as there are contributions to the literature. (Damanpour‚ 2001) defines e-commerce as “any net business activity that transforms internal and external relationships to create value and exploit market opportunities driven by new rules of connected economy”. E-commerce is a “disruptive” innovation that is radically changing the way organizations do business (Macgregor
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E-Commerce:The Indian Market Scenario Author:Gaurav Karmarkar In simple terms‚e-commerce(electronic-commerce) refers to exchange of goods that takes place online i.e via the internet.Based on valuation‚75% of the e-commerce in India is travel related(airline tickets‚railway tickets‚hotel bookings etc) while actual online shopping accounts for a mere 12-13%.The present day growth of the Indian e-commerce market is marked at about 30% which is nearly more than thrice that of the average 8-10%
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business world. Many companies are turning to e-commerce and e-business. One recent statistic states‚ “E-commerce and online auctions will see a 16.9% revenue increase by the end of 2009.†There is no doubt that E-commerce is taking its turn in the consumer world. Among this research is the corporate giant‚ Wal-Mart. In this paper we will be discussing the advantages‚ and the disadvantages of both e-commerce and brick and mortar businesses. E-commerce is helping both consumers and companies
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E-Commerce in India – The Current Scenario E-Commerce in India – The Current Scenario There was a time when ‘E-Commerce’ as a term wasn’t heard of in India. However people still used to know that there are websites such as indiatimes.com and shopping.rediff.com which sells stuff online but to buy that‚ you need to have credit cards. Credit Cards‚ 10 years back‚ was not a common man’s common card‚ it was considered as a priced possession. People those times were more skeptical to use cards for online
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Repurchase intention in C2C e-commerce – A Taobao experience Acknowledgment I would like to take this opportunity to express my sincere gratitude to my supervisor‚ Dr. CHOW‚ Vincent W S‚ for his supervision and guidance. During our meetings each time‚ his priceless opinions and supports provide me practical insights to this project‚ his point of view always broadens my thinking and his encouragement makes me feel confident to overcome different challenges. Furthermore
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This approach in e-commerce is mainly based on a model that has been created by Pear Omidyar‚ the designer and owner of the ebay site‚ and inventive people like him. In this model‚ the good sellers find it possible to supply their goods to end customers in a broader environment. Omidyar has been tried to provide a situation according to the broad spectrum of visitors on the internet‚ which sellers to sell their goods in the auction of goods in the same way as the real world. But the main difference
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QUESTION BANK 13.1 13.2 Define E-commerce. What are the different types of E-commerce? Explain B2B E-Commerce using an example of a book distributor who stocks a large number of books‚ which he distributes via a large network of book sellers. Assume that the distributor has stocks of books of a large number of publishers and book sellers order books as and when their stock is low. Distributors give 1 month’s time to booksellers for payment. 13.3 Explain B2C E-Commerce of a customer reserving airline
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