TRACKING TECHNOLOGY; THE DEVELOPMENT AND PERSPECTIVES OF E-COMMERCE Tracking technology Name: Class: Date Institution: INTRODUCTION E-commerce is the conduction of business and commercial affairs through electronic means. Electronic means ensure that companies are competitive and efficient in terms of production. The high level of e-commerce in the current business environment has not come instantaneously, but, there has been continual evolution. The centre of this evolution is technological advancement and globalization, two factors that have reduced the world to be in the form of a business village due to the ease in which operations are done. A sense of enhanced competition exists between various companies as they struggle to cope up with the high demands of the technology era[ ]. This essay outlines the development and the perspectives of e-commerce.
Being a large topic, the evolution of e - commerce is discussed as a component of the disadvantages of e-commerce. The use of the e - commerce and e - commerce selling invention hit the internet marketing with a thud on its invention in the late 1990s with its revolution of transforming the computer and internet industries. The use of the e - commerce came with several advantages that saw connections both in the internet and intranet easier and transfer of files become much easier between and among foreign businesses too but also came with disadvantage as it placed most businesses under
The biggest drawback of e-commerce is the issues of security and reliability. Even though competitors of different due number in the online market as well as the philosophy inherent in the development of the internet. initially, Internet was developed for military purposes, after that for educational and with the passage of time given little attention to how it can be controlled in the
The traditional method of doing business has always been face to face trading. It is a medium for both customers and businesses to negotiate and purchase and sell goods and services. However, with the progression of the technology age, businesses and customers alike are finding convenience and benefits through the use of e-commerce. Electronic commerce (e-commerce) involves online transactions and the trading of goods and services through the Internet, without time and geographical barriers (Network Solutions, 2014). This could include retail sites, large online music stores such as iTunes or business to business (B2B) transactions between companies. This is a new emerging technology and has brought many advantages (Network Solutions, 2014).
Today, changes in the way commerce is undertaken relies very much on technology. From Internet sites advertising etc., to making agreements via email, technology forms the development of modern business operations. The stage at which technology advances is very challenging on today’s law and introduces much difficulty in the construction of an adequate framework for e-commerce.
This report comprises of the information concerning the e-shopping and other website business, the findings are compared to two nations (U.S and China) concerning the familiarity and use of various tools that will help enhance the e-shopping businesses. In addition to this, the recommendations provided openly give some nitty-gritty details on how this business can be improved in order to attract
Laudon, K. C. & Traver, C. G. (2012) E-commerce 2012: Business, Technology, Society, 8th Ed., Int'l Ed.: Pearson England ISBN 978-0-13-801881-8
Electronic commerce as defined by Salvatore (2013) “refers to the production, advertising, sale, and distribution of products and services from business to business and from business to consumer through the Internet” (p. 150). Consequently, e-commerce is now essential for businesses to be able to compete in the global marketplace. “E-commerce is now being used in all types of business, including manufacturing companies, retail stores, and service firms. E-commerce has made business processes more reliable and efficient” (Smith, K.T., 2011, p.3). this paper will outline those perspectives in regards to the origin of E-commerce, Business to Business E-commerce, Business to consumer E-commerce, Consumer to Consumer E-commerce, and legal environment of E-commerce.
Small farms have an important part in the rapid expansion of the U.S. agricultural sector (USDA-NASS, 2015). Ninety-two percent of all farms in the United States are classified as small with small farms being defined as those with annual gross revenues of $250,000 or less (USDA-NASS, 2015). A way to increase the competitiveness of small farmers is to enhance their management practices and to expand their capacities through the use of tools such as electronic commerce (e-commerce) (Briggeman & Whitacre, 2010; Roe et al., 2014). E-commerce, an aspect of information communications technology (ICT), is defined as the buying, selling, and marketing of goods and services online (Hua et al., 2015).
Security issues that are associated with conducting business over the internet and the methods that are used to combat this security
E-Commerce has been a popular activity on the Internet, for it facilitates commercial acts between online service providers and individuals. The popularity of E-commerce could be reflected by the turnover of the industry. The turnover of e-commerce in Europe grew by 14.3% to reach 423.8 billion euros (about GBP 360.5 billion) in 2014, and that of the United Kingdom (UK) increased by 14.7% and reached 127.1 billion euros (about GBP 108.1 billion) in the same year (Ham, 2015). Important private information (e.g., bank information, gift card numbers) would be recorded while consumers doing online shopping and doing other E-Commerce activities. This recorded information would be stored on the servers of online dealers or be saved in consumers’
Firstly, e-commerce websites are not limited by the geographical area that they can service, therefore the whole world is at their playground which is a massive positive in terms of increasing their market. Another intelligible positives of e-commerce is the reduction in costs. E-commerce bring about lower costs in advertising and marketing, billing, payments and other operational processes. Moreover, it isn’t necessary to invest in real estates since an e-commerce merchant demands no key physical location. Secondly, an e-commerce retail trader has the ability to access information about their customer’s buying habits by making use of the information they provide in the registration form. They can also gain access to information by placing cookies on the customer’s computer. They can then use this to communicate relevant information. For e.g, if people want a
E-Commerce, otherwise known as electronic commerce, is one of the utmost vital features of the Internet to have ever been established. It is the electronic exchange of goods and service between a business to business or business to a consumer without barriers or distance. People have the freedom to go online and buy almost anything they want, at any given time of the day of night. With modern-day and continuously refining telecommunications substructures, we have been provided with the ability to trade data almost promptly. E-Commerce is all about utilizing these data flows in the most effectual way feasible. Whether you are a garment manufacturing company purchasing machinery from all over the world and manufacturing them in numerous locations or just a car rental company with stores in various city statewide, you have to ensure that your employees are receiving the most accurate information possible to share with their designated clients or partners.
Small farms have an important part in the rapid expansion of the U.S. agricultural sector (USDA-NASS, 2015). Ninety-two percent of all farms in the United States are classified as small with small farms being defined as those with annual gross revenues of $250,000 or less (USDA-NASS, 2015). A way to increase the competitiveness of small farmers is to enhance their management practices and to expand their capacities through the use of tools such as electronic commerce (e-commerce) (Briggeman & Whitacre, 2010; Roe et al., 2014). E-commerce, an aspect of information communications technology (ICT), is defined as the buying, selling, and marketing of goods and services online (Hua et al., 2015).
E-commerce (Electronic Commerce or EC) is the purchasing and offering of merchandise and administrations, or the transmitting of trusts or information, over an electronic system, principally the Internet. These business exchanges happen either business-to-business, business-to-customer, buyer to-purchaser or shopper to-business. The terms e-trade and e-business are frequently utilized reciprocally. The term e-tail is additionally in some cases utilized as a part of reference to value-based procedures around online retail.
To fully understand, how e-commerce impacts a company we must first investigate the real meaning behind e-business, this system was created to create a pathway that is catered to market services and goods. This entity was formulated for companies to conduct business. The relationship between customers and merchants can be attributing to e-business. This report will outline the functions of e-business. And how a company relies on it and outlines the system of e-business to establish a connection between customers and merchants. For a person to fully understand the strategy behind e-business we must explain through examples.
Electronic commerce (e-Commerce) describes the process of buying, selling, transferring, or exchanging products, services, and/or information through computer networks, principally the Internet (Turban et al., 2004). It is also refers to the process by which commerce is carried out using electronic means to conduct transaction between businesses, customers, individuals etc.