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1. E Commerce
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e-commerce
In recent years, the use of Internet commerce has grown drastically. The fastest increase has been in US, where the Internet usage and E-commerce has largest impact. The emergence of the Internet has been a major contributing factor. Where advances in telecommunications and computing largely occurred side-by-side in the past, today, they converge on the Internet. In its most basic sense, electronic commerce can be defined as conducting or enabling the buying and selling of goods or services through electronic networks, including the Internet. In my position paper I would first tell you some arguments about e-commerce, summarize some articles about e-commerce and also give some steps and valued opinion when enetering e-commerce. Companies are using electronic commerce to enter new markets that would have otherwise been excluded from due to geography, cost, or other reasons. Companies look to electronic commerce to extend their products to new sets of customers and new parts of globe. The Web enables a company to introduce a new product into the market, get immediate customer reaction to it, refine and perfect it, all without incurring huge investment in a physical distribution infrastructure or buying a shelf space at a retailer of distributor. (E-commerce, 2000) When the product is right, the company can launch it through traditional channels with much greater assurance of its success. One of the biggest attractions of electronic commerce is its ability to help companies lower the costs of doing business. Article “Managerial Issues for expanding into International Web-Based Electronic Commerce”talks about how Expansion into foreign markets raises issues of language, cultural, technological, domain name and business practise variances. Author talks about how when developing the web page we should internationalizing the web site. I agree with him because multilingual sites are key to a globally conscious organization. The article is writing that to be fully able to use the advantages of e-commerce there must be defined steps, which would ensure that whole system would work permanently. Provide confidentality of payment information and enable confidentality of order information transmitted along with the payment information. Another step is to ensure the integrity of all transmitted data. Businesses are restructing around the idea of connectivity. Connectivity means 24-hour call centers, 24-hour live help via interactive chat sessions on its Website, and online supply-chain management among buying and selling customers. Another good point in the article was that e-commerce over Internet also increases the danger of misusing the information used during the e-business. Author is writing that in order of e-commerce to become e-business enabled the manager should develop a dynamic, database-driven online catalog.
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