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

E-Business in the United States - Essay Example

Comments (0) Cite this document
Summary
By the middle of 2001 the business revolution promised by the 'new economy' and the functions of the Internet had come to naught. The promise of a new business model based on e-Commerce or e-Business (as the term has been used interchangeably) failed to deliver as the dotcom phenomenon imploded into that of the dot-bomb…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER92% of users find it useful
E-Business in the United States
Read TextPreview

Extract of sample "E-Business in the United States"

Download file to see previous pages In Drucker's account, technology and the invention of calculating machines, in particular the computer, are central to the progress of society through the three revolutions outlined above. Traditional factors of production - land, capital and labour - have become secondary to knowledge. As long as there is specialized knowledge these factors can be obtained. In this view, company transactions become weightless. For example, the value of Coca-cola is tied not to the value of production of a fizzy drink, but the power the brand exercises in the market place.
In the above mentioned context, it is reasonable to compare the building of the interstate highway system in the United States between 1956 and 1976 and the Internet as innovations. The interstate and Internet are both network innovations. The former transformed the economic geography of the United States, promoting lower transport costs, greater market access, outward mobility into the suburbs and the rise of the local shopping mall. While the Internet offers a wider selection and a greater ability to search, the delivery of goods is not immediate. Consequently, Internet marketing may not be superior to the marketing of the conventional shopping malls.
The Internet remains part of the long march of creating innovations, but like all technology it is the nature of human inventiveness that makes them beneficial. The period of building the interstate system coincides with an annual average 1.6 per cent growth in real earnings on the Standard & Poor's 500 index of the financial performance of the top 500 US companies. Despite the enormous impact of the interstate on the economic geography of the United States why were these earnings not higher The answer according to Schiller was that the interstate system was just another innovation along the path of inventiveness. Similarly, evidence from McKinsey & Co., the international consultancy, shows that the impact of new technology, including the Internet, on productivity in the United States in the late 1990s was much less than was believed at the time (McKinsey 2001).
The relationship between technological change, economic growth, increased productivity and profits is much more complex and indirect than the easy direct relationship suggested by some popular commentators. In the past decade the service sector has been in the forefront of investment in new technologies in the advanced economies. But executives have been deluded: the payoffs have not been fully realized:
The primary reason is that technology alone does not determine corporate performance and profitability. Employee skills and capabilities play a large role, as do the structure of day-to-day operations and the company's policies and procedures. In addition, the organisation must be flexible enough to respond to an increasingly dynamic environment. And products must meet customer requirements. (Hackett 1994:21)
These observations act as a health warning to the business environment for e-Commerce. This warning is not posted to suggest that Internet-based transactions will fail to deliver material benefits to producers and consumers alike. Rather, they act to signpost the difficulties associated with claims that we now live in a new business, economic and social order. This paper attempts to explain the context in which e-Commerce has developed and the difficulty faced by companies that believe the ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“E-Business in the United States Essay Example | Topics and Well Written Essays - 5000 words”, n.d.)
Retrieved from https://studentshare.org/miscellaneous/1505981-e-business-in-the-united-states
(E-Business in the United States Essay Example | Topics and Well Written Essays - 5000 Words)
https://studentshare.org/miscellaneous/1505981-e-business-in-the-united-states.
“E-Business in the United States Essay Example | Topics and Well Written Essays - 5000 Words”, n.d. https://studentshare.org/miscellaneous/1505981-e-business-in-the-united-states.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF E-Business in the United States

E-Business

...?Introduction Banks have been in existence for centuries with their main role being keeping people’s money safely. Traditional methods of transactingbusiness with banks have changed a great deal over the last 30 years. Banks constantly change their operational strategies to keep pace with the changing consumer needs and preferences. A new banking environment has emerged with emergence of information technology. E-banking or electronic banking is the current trend where customers engage in financial transactions through websites offered by their banks. This trend took root in the UK back in the 1980s and has progressed well with many services being introduced under e-banking (Ali, Datamonitor (Firm) and Reuters Business Insight 2000...
6 Pages(1500 words)Essay

E Business

This report will focus some major e-business concern that the Sage administration can use to assess the ROI on e-business implementation. The report will also focus various aspects of the business that will have a positive impact on adapting the suggested e-business model. Putting it simple Dave (2009, p. 4) states, “E-business has introduced new opportunities for small and large organizations to compete in the global market place.” The trend of using information in getting the competitive advantage is getting more and more acceptability by intelligent business managers. In a fast pace business environment today the intelligent use of information can provide an edge in decision making process. Business profitability heavily relie...
6 Pages(1500 words)Essay

E-business

...? E-Business Contents Introduction 3 Website Structure Design and Concepts 4 Branding Activities of Thorpe Park 6 Social Networking Functions of Thorpe Park 7 Mass Customization Activities and Thorpe Park 11 Product 11 Price 11 Place 12 Promotion 12 Process 13 Recommendations 13 References 15 Introduction The expansion of activities pertaining to the domain of electronic business is found to render increasing amount of pressure on the web developers. The developers of the websites are required to render much focus on innovation and sophistication to help the website reach larger number of people. Expansion of business activities along the online sphere requires the developers to design some complex set of business application models...
13 Pages(3250 words)Essay

E-commerce sales in the United States

...?Retail E-commerce Spending Totals $161.5 Billion in Forbes - http www.forbes.com/sites/anthonydemarco 02/06/retail-e-commerce-spending-totals-161-5-billion-in-2011/ Anthony DeMarco – February 6, 2012 E-commerce sales in the United States have been growing steadily during the last couple of years. The e-commerce sector has achieved nine consecutive quarters of sales growth including double digits growth during the past five quarters. During the 4th quarter of 2011 e-commerce sales in the United States reached $49.7 billion. The e-commerce sales growth for the 4th quarter was 14%. The U.S. hit an all time high in 2011 with e-commerce sales of $161.5 billion. The trend in digital sales is extremely positive. It seems as if U.S. customers...
3 Pages(750 words)Assignment

E-Business

Moreover, we have developed a Blog on the same lines with the website. The report presents the development process of the Cafe Cuisine website, accompanying Blog, the models employed for designing the website and the business strategy utilized for the website. Analysis In the analysis phase of the website development process, we have analyzed the requirements of the website and differentiate these requirements into the functional and non-functional requirements. We analyzed on how the website would help to achieve the organizational objectives by assessing already developed food / restaurant websites. One of the important items is to identify the targeted audiences of the website along with the development of the web contents. Mo...
19 Pages(4750 words)Assignment

E-Business

.... Normally, the fundamental component of RPC Web services is the WSDL operation. Web services are also used to apply a design according to Service-oriented architecture (SOA) models, in this situation the basic unit of communication is a message, instead of an operation. Representational state transfer is also a web service which effort to follow HTTP and related protocols by limiting the interface to a set of well-known, standard operations such as Get, Put, Delete. This web service uses WSDL to express SOAP messaging over HTTP, which defines the operations. Service Oriented Architecture (SOA) Service Oriented Architecture is an architectural approach that leads all features of developing and using business processes, put together...
11 Pages(2750 words)Essay

E-Business

...Services Provided by Netflix a. Video on Demand (VoD) Video on demand (VoD) is an interactive TV technology that allows subscribers to view programming in real time or download programs and view them later. A VoD system at the consumer level can consist of a standard TV receiver along with a set-top box. Alternatively, the service can be delivered over the Internet to home computers, portable computers, high-end cellular telephone sets and advanced digital media devices. (TechTarget 2009, par. 1) As stipulated by TechTarget (2009, par. 4) “the VoD concept is not new. The first commercial VoD service was launched in Hong Kong in the early 1990s. In the United States, Oceanic Cable of Hawaii was the first to offer it beginning in 2000...
3 Pages(750 words)Essay

E-business

... of trust and operability in the existence of a website with secure credit card processing facilities and shopping cart. - Question: Is there such a thing as a secure server? Secure servers use a type of connection that is different from typical web pages in HTML. The secure pages require a SSL connection which stands for “Secure Socket Level” encryption technology. The manager will purchase required SSL certificates as needed to operate the ecommerce site with security. - Issues in Data Protection Act 1998 (Does it apply?) For business conducted in England and the United Kingdom, the manager should develop a plan to meet all requirements of the Data Protection Act of 1998. This will require the ecommerce site to have a Privacy Statement...
2 Pages(500 words)Essay

E-business

...E-Business Executive Summary The prime intention of this report is to describe an e-business system i.e. enterprise system, with emphasis to its significant contribution towards organisational management in the banking sector of the UK. Various important aspects have been taken into concern in this regard, including the tools that businesses and organisations in the UK banking sector might use for evaluating their respective e-business systems and the underlying benefits. Emphasis has also been delivered to the challenges arising from enterprise systems for observing the contribution made by these systems towards organisational management in the UK banking sector. It has been apparently observed that despite facing various challenges...
16 Pages(4000 words)Essay

Internal and External Environmental Analysis for the Bakery Business

Liberalization of foreign investment and technology policy of the government is supportive of establishing industrial units in the country.

Threat: The UK food regulatory authority is planning to enforce the EC Regulations relating to food labeling. The labeling requirements under the new regulations will affect the food industry as the suppliers will be legally obliged to disclose the GM content of foods to the caterers. Thus business firms in the bakery industry also will be effected through the exclusion of flexible manner of labeling arrangements in the case of flour confectionery involving GM Soya or maize. (Genetically modified and novel foods (labeling) (England) regulations, 2000).

Trend: The new subs...
6 Pages(1500 words)Case Study

The Management, Leadership and Teamwork Competencies Required by a Small Business Owner

On the other hand organizational leadership is defined as the ability based on the specific skill of an individual to lead his/her subordinates in a manner that pre-planned organizational goals could be achieved within the defined time-frame.

According to Burns (1978) and Bass (1985), transformational leadership has a set of category constructs such as values, morals, farsightedness, long term goals, principles, acute awareness about the dividing line between causes and symptoms, mission statements, strategic perspectives, and human resources. Similarly, they identify a set of category constructs in the transactional leadership also. For instance concentration on the task at hand, short term goals and tactics, confusion co...
6 Pages(1500 words)Coursework

Business Information Systems

... structure inside the business comprises different combination of devises. This structure offers a great opportunity regarding the communication inner and outside the night club. This structure offers a great opportunity for the inner security management of business and additional operational management aspects. In this structure we have main devices like Telephone, Answering service/voicemail, cellular Phone, pager, toll free number, E-Mail, Website. From the security point of view Club IT has video cameras system, mirrors, and alarms in order to enhance security and reduce crime. In this structure the security officer constantly monitor and observe the overall security structure. With regard to new technology implementation at business...
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

The Main Threat to Small Business

When it comes to reliability factor big businesses are able to sustain because of their track record. Big businesses are able to pacify their customers using their past successful track records.
Nowadays most of the business opportunities and orders are posted online. This means that business providers need to be well integrated with supplier systems through online facilities. The infrastructure of the business model needs to be updated. But this is not an easy task for small businesses. E-based procurement is possible only with a well-maintained network on the internet. This requires a lot of financial and technical necessities which could not be supported by small businesses. On the other hand, Big businesses are well equip...
8 Pages(2000 words)Assignment

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

While each force of globalization is important, the technological revolution has impacted the business models, value creation and differentiation (Spelman, 2010). The cloud computing technologies that have made the popular social networking applications possible are now being applied to development, healthcare, and society. Today mobile telephones are more like powerful computers that take care of many of the societal challenges facing both developed and developing countries (Evans, 2010). In Chile, new software enables weather information to farmers who can now make informed decisions on when and how to sow or harvest the crops. However, the fear or ignorance of cloud computing technology could harm the chances of the SMEs becomi...
7 Pages(1750 words)Coursework

Validating Late Mover Advantages in e-commerce: Evidence from Selected Companies

... as the one with high competition and rivalry between competing companies. The market dynamics have been drastically changed over the years as marketing and selling over the internet has become an integral part of business strategies. The changing trends in the consumer behaviour and attitude towards shopping at their own ease has pushed businesses to rethink of their strategies and approach the business in an entire new way to which they may not be accustomed to. E-commerce has allowed firms to move away from traditional ways of business by overcoming the constraints including geographical, market selection and targeting, time, cost of operations, marketing and branding and restrictions over communications with customers. E-commerce poses...
12 Pages(3000 words)Research Proposal

E-commerce in China and the United States of America

...E-commerce in China and the United States of America THESIS STATEMENT The purpose of this paper is to answer three questions that are related with e-commerce and more specifically with the aspects of internet access in China and the United States of America (USA), mobile payments and business model of three social media platforms. QUESTION 1 The invention of the internet can be considered as one of the most influential innovations of the last century. At present, almost all individuals are influenced by the internet in one way or the other. The internet has emerged to play an extremely crucial role in the social as well as business life of people. More specifically, the internet in the developed nations such as the United States...
6 Pages(1500 words)Assignment
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 E-Business in the United States for FREE!

Contact Us