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E-commerce Memo - Coursework Example

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The articles in supporting this point advocate the presence of BPO or business process outsourcing industry that has employed thousands of people from different countries all of which are connected by the virtual wires of the internet. In addition to this many of these BPO industries have played a pivotal role in the development and ballooning of revenues that are now obtained from their respective IT industries. Furthermore with the concomitant boom in the e-commerce industry, the scope of entrepreneurship among individuals has also increased and so have the prospects and opportunities that the industry has created. On the other hand there are also a number of managerial implications that the e-commerce has created are also worth mentioning during the course of discussion. It is also important to keep in mind that with the pinch of the recession that the automotive industry has encountered in recent times has further coerced them to devise measures through which they can elevate their dependency upon e-commerce amenities.

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Summary

With the innovations that have take place in the field of information technology with the passage of time, the ways of conducting business have also experienced rampant innovation and progress. The buzzword of this new millennium is E-commerce. …
E-commerce Memo
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