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E-Commerce - Essay Example

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While there is a general acceptance that private organizations should be given the mandate of steering up the development of ecommerce, most governments have already showed recommendable participation either as supplies or consumers of ecommerce products and services. For instance, the government may offer robust, reliable and communication system to the members of the society through acquisition of telecommunication and internet facility so as to reduce the cost of e-commerce to the citizens (Blakeley & Matsuura, 2001). The government may also use an e-commerce site in determining unpaid dues such as packing fee. This is made possible by simply longing through the specific site and keying the relevant identifier which would then give a result as to whether a person has paid his dues or not. Conclusively, most government also uses e-commerce site for purchase and procurement activity in drawing the attention of private organizations. ...
For instance, it offers the most convenient shopping method as compared to traditional markets. This is because the system allows logging in and making purchases at any time of the day where a buyer can simply make payments through electronic transfer. Besides, it helps in sustainable management of time and overhead cost of travelling. E-commerce offers unlimited boundaries of trade since customers can be sourced globally. This enables online trade to have a higher competitive advantage in contrast to the rival traditional markets which are constrained

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regionally (Satterlee, 2001). Electronic commerce is a convenient type of trade because it requires very minimal fund and regulation requirements to set up. Besides, all the transactions are integrated electronically, and this would, therefore, call for a cut down in the cost of hiring employees that is always synonymous with traditional markets in handling physical procurements. Consequently, it gives room for a choice of a range of commodities because everything is simply click away and does not require any physical set up of an organization (Satterlee, 2001). Despite the above merits, e-commerce does not offer a guarantee of quality product because the customers are never physically attached to the product and can only view its image. Besides, any sudden technical failure may lead into a very huge loss since everything is operated through the system. Several sources have also noted that some customers still do not trust the security mechanism under e-commerce since most of the electronic transactions involves disclosure of physical address and accessibility to virtual account which, may cause dire consequence in case of unethical breach

Summary

Electronic commerce Name: University: Introduction For a long period of time, many people have since confused electronic commerce with electronic business. Electronic business is just an application of technological aspects and the internet in support of the business without transactions while E-commerce refers to tractions that are carried through the internet and the World Wide Web with the aid of digital enabled gadgets which, allows for transmission and receptions of market data between the seller and the buyer…
Author : vhalvorson
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