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E-commerce - Essay Example

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This essay talks about E-commerce as a way of incresing customers and sales with the help of modern IT technologies and internet. The author critically shows all benefits and disadvantages that can occur, when a company decides to use this method for business improvements…
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E-commerce

Download file to see previous pages... The Author of essay "E-commerce" describes features and benefits, that can be obtained with the usage of this method. Also, the writer claims that the world largest computer network is the internet. With the astonishing growth of the Internet nowadays, many companies are finding new ways to expand their business opportunities. One can even say that there are almost all companies used computers in their everyday business. Thus, E-commerce is emerging as an increasingly important way for businesses to reach potential customers.
Rapid deployment of their cyber security measures helps to provide added security to their online resources such as e-commerce websites, extranets, and intranets. It is essential for these resources to operate in the safe, secure and stable environment as organizations work on huge stores of data and it is important to ensure to ensure the integrity of the data and protect the company’s e-commerce and IT infrastructure. With the dramatic evolution of communication and computing technologies and their standardizations, e-commerce has been more on the boom. Lowering of operation costs, enhancement of speed of transactions, and ease of global reach to vendors and customers are some of the major reasons for the increasing popularity of this emerging way of commerce today. The project analyses some of the major issues in terms of security of transaction and assets in e-commerce activities and components.
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The importance of information security for effectiveness of decision making for managers; its importance from the perspective of honour and goodwill of the organization and also from the technological perspective is discussed in the project. Security in E-commerce- Overview A secure e-commerce system accomplishes its tasks and goals without any unintended side effects. An insecure and unsafe e-commerce system may generate access to unintended complexities and threats which can have the potential to damage its intentions or purpose. In the software industry, security can be understood from two different perspectives. Software consumers regard protection of their information as one of the crucial and specific features of the system. Integrity, confidentiality and availability account for three of the main concepts in the protection of e-commerce system. This is crucial from both the perspectives of both the client and the vendor. A safe and secure e-commerce system not only allows easy and effective transaction between the vendor and the service provider but also adds to the goodwill and reputation of the company for being cautious about securing its clients’ information and data. It demonstrates its worth as being a reliable company which serves as its competitive strength in the market (IBM, 2005). The impact of Security on E-Commerce on the management of organizations It is important to understand that security is not only about technology. The security of e-commerce activities ultimately reflects through proper decision making and management of the organization. The primary essence of the management in any organization is decision making. Managers are ...Download file to see next pagesRead More
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