StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

The Impact of E-Commerce on International Business - Essay Example

Comments (0) Cite this document
Summary
(Add (Add (Add Class Information) (Add Date) The Impact of E-Commerce on International Business E-Commerce has revolutionized the way in which business is conducted. E-Commerce makes it possible for a merchant from any corner of the world to sell his goods to any person in the world with a very few mouse clicks and to accept payments readily without any delay…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER93.6% of users find it useful
The Impact of E-Commerce on International Business
Read Text Preview

Extract of sample "The Impact of E-Commerce on International Business"

Download file to see previous pages And e-commerce often becomes handy in making products or services available to the consumer that may not be available in his country/area of residence. In simple words, e-commerce makes international markets easier, cheaper, and faster for the vendor as well as the consumer. But it must be admitted that e-commerce has its own disadvantages too, especially while coming to Internet security and delay in receiving the product ordered. The study on “Impact of E-Commerce on International Marketing” conducted by Payman, Rosamaria, Marco, Anand, Robert and Xiaowen in 2006 defines e-commerce as follows: “Electronic commerce primarily consists of the distributing, buying, selling, marketing and servicing of products or services over electronic communications systems such as the Internet and other computer networks like extranets, e-mail, e-books, databases and mobile phones” (Payman, Rosamaria, Macro, Anand, Robert, and Xiaowen). All kinds of commerce including B2B, B2C and C2C activities are performed in a number of ways including electronic funds transfer, supply chain management, online marketing, etc. As per the above mentioned study (Payman et al.), a voluminous sale of $12.2 billion took place in 2003 via e-commerce. Today, the World Wide Web has emerged as the exclusive venue of e-commerce ventures as it is the most widespread communication network of the world. A number of e-commerce companies took their shape in 1990s, but the “dot.com” collapse of 2000 and 2001 was a major setback for them. It was at the beginning of the new millennium that e-commerce received the popular attention and acceptance which it boasts about today. The extent and expansion of e-commerce relies cliquishly on the expansion of technology. E-Commerce is widespread in almost all the developed countries but it is still in primary stages of growth in many industrialized countries and is apparently non-existent in a good proportion of the third world countries. Electronic Commerce is, of course, a new methodology in global trade and commerce. A paper by Kuzic, Fisher and Scollar that studies the impact of e-commerce in Australia points out that e-commerce has its own tangible and intangible benefits. As Kuzic, Fisher and Scollary state, e-commerce is mainly “enhanced business efficiency, a boost in the automation of processes, transformation of traditional market chain, retained and expanded customer base, reduced operation costs and acquisition of a niche market” which are regarded as the tangible benefits; and, “enhancing education and well-being of consumers, consumer loyalty, competitive advantage and convenient shopping” are the intangible advantages. Many of these are clearly benefits that no other way of trading involves. E-Commerce is beneficial not only for the merchant but also for the consumer because it offers a wide range of products to choose the best from, and the remarkable speed of the processes cannot be found anywhere else. Compared to traditional markets, the transactions take place between the seller and buyer directly and no intermediates are present contrary to the traditional markets. When we think how the international market has been benefited out of e-commerce, a common opinion ...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“The Impact of E-Commerce on International Business Essay”, n.d.)
Retrieved from https://studentshare.org/business/1454906-view-order-instructions
(The Impact of E-Commerce on International Business Essay)
https://studentshare.org/business/1454906-view-order-instructions.
“The Impact of E-Commerce on International Business Essay”, n.d. https://studentshare.org/business/1454906-view-order-instructions.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF The Impact of E-Commerce on International Business

The Economic Impact of the Emergence of China and India

... in the market. Toyota’s positioning of value for money is also apparent in its cost structure. Toyota’s operating income margin is modest enough, as apparent in the trends of its operating income compared to revenues. e. Develop a summary of the organization’s current situation, including its mission or business overview, its current competitive position, and the forces and trends in its industry. Based on this situation, you will identify three to six current opportunities and issues you believe should be addressed through the strategic-planning process. Toyota’s competitive position is supported by its positioning strategy of launching new products that stimulate demand while improving its production engineering processes, as well...
10 Pages (2500 words) Assignment

Potential Benefits of International Trade

... Content Outline I. Introduction (a) Definition (b) Background II. The Reason Why Countries Take Part in International Trade (a) Major Commodities in Today’s International Trade and Economic Gains Arising From it (b) Reasons Compelling Countries to Place Restrictions in International Trade III. Conclusion I. Introduction (a) Definition The expression international trade refers to an exchange of commodities across boundaries of nations. Two major terms are used to describe international trade (that’s imports and exports). Imports are services and goods bought from other countries while exports are the services and goods sold to nations or individuals of foreign countries. (b) Background It’s estimated that the international business...
6 Pages (1500 words) Coursework

International Security Studies: Examination

Globalization affects international security in the sense that problems involving terrorism, the environment, religious extremism, weapons of mass destruction, and the economic crises have become more universal and widespread in character (Ivanov “Article”). As a result, these issues pose a greater threat to national and international stability and safety. More lives are now affected by threats to international security; these threats did not seem too ominous before the entry of globalization. Consequently, some extremists justify the use of mass weapons of destruction in order to guarantee their security. And as globalization continues to expand and to grow bigger as a phenomenon, threats to international security are...
7 Pages (1750 words) Assignment

International Law: Child Soldiers

Using children to fight wars is not only morally abhorrent but very bad very the physical and mental health of the children in question. That is in part why a series of international laws and treaties have come into effect to try to deal with this scourge. But the issue is more complicated than that. While child soldiers are victims of war crimes, they too can also perpetrate serious breaches of the law of armed conflict. Under normal circumstances, individuals who commit such acts, be they combatants or not,2 would be vulnerable to prosecution. However, because children in such situations are victims as well as perpetrators and because of the special protections afforded to children under international law, many have questioned w...
8 Pages (2000 words) Case Study

Business Information Systems

... resource planning applications provides a great help regarding the effective business management and handling, when corporations take additional client-centric business procedures. Client segmentation approaches are the ways to balance the deliverance of best purchaser knowledge by means of necessitate maximizing long-standing client profits and constancy. Though, increasing an effectual client segmentation policy is a severe challenge for a lot of corporations because they frequently are short of the capability to follow and deduce the enormous quantity of client data that subsist all through the venture (Chaffey, E-business and E-commerce Management, 2007) and (Chaffey & Wood, Business Information Management: Improving Performance Using...
8 Pages (2000 words) Case Study

Business Administration

... on a worldwide basis. In five years I see myself managing the technology department of an enterprise. I also want to lead the team of professionals in providing services to the clients with the help of the state-of-the-art technology infrastructure. Using the knowledge that I will obtain from the Information Systems & Management Department at the Warwick research department, which focuses in various settings and technical involvement, including the E-Business model and business knowledge along with the Finance Group research will help me make my contributions to the Warwick MBA Programme given my experiences within these fields. By becoming part of the Warwick MBA program will place me in a position where I will be able to help the faculty...
6 Pages (1500 words) Essay

Immigration and Its Impact on the United Kingdom

For example, for farming communities, fertile and well-watered land has been a pull factor in migration. Business opportunities and political stability are also examples of pull factors.
Since the turn of the 20th century, Great Britain and Northern Ireland have experienced a great influx of foreigners migrating into the country due to pull or push factors. There have been different waves of migrations to the United Kingdom, which has had different impacts. Because of this, the United Kingdom has had to respond in several ways, which includes coming up with new acts on immigration, nationality, and providing asylum to refugees.1 However, the topic of migration to the United Kingdom has attracted different political views and...
23 Pages (5750 words) Assignment

Business Plan Real Estate Agency

re representing our company as their business consultants and our responsibilities are limited to the knowledge of the client’s business and information provided by the client.
The company Of-Fit has been operating as office supplies and equipment supplier since 1998. Their corporate office is in Aberdeen and it has excellent industry relations. The company is a sole proprietorship and its owner is Mr. Andrew Schwatz who has been working in the industry for more than 20 years. The company current staff is 8 and its revenues are £115,690 and £156,178 in 2008. The company aims to expand its operations in other business areas and regions of the UK.
The detailed business plan developed for this report incor...
12 Pages (3000 words) Business Plan

Business Sustainability and Society: Coca-Cola Company

.... Cambridge University Press. Flex news. (2008). “Study: Coca-Colas India Water Usage Good, Could Improve.” Flex News. Retrieved on February 09, 2010: http://www.flex-news-food.com/pages/13504/Coca/India/studycoca-colas-india-water-usage-good-improve-dj.html Furrow, Dwight. (2005). Ethics. Continuum International Publishing Group. Hoffman, Andrew. (2006). “Coca-Cola learns a tough lesson about corporate sustainability.” Grist. Retrieved on February 09, 2010: http://www.grist.org/article/hoffman1/ Johnson, Craig E. (2008). Meeting the Ethical Challenges of Leadership. Sage Publications. Kolb, Robert (2007). Encyclopedia of Business Ethics and Society. Sage Publications. MarketLine. (2005). “Coca-Cola: international ethics could mean...
10 Pages (2500 words) Case Study

International Business: World Economic Forum and Davos 2010

...Introduction Globalization, one of the most hotly debated issues means global capitalism to some while others consider it to be the continuation of modernism with the forces of wealth, progress, democracy and happiness at play (Kellner, 2002). Globalization is considered to be beneficial which promotes economic prosperity, cultural diversity and technological advancement. According to the critical social theory, technology and capital work together to create a new globalized and interconnected world. While each force of globalization is important, technological revolution has impacted the business models, value creation and differentiation (Spelman, 2010). The cloud computing technologies that have made the popular social networking...
7 Pages (1750 words) Coursework
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic The Impact of E-Commerce on International Business for FREE!

Contact Us