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

Importance of Planning and Modelling for Successful E Business - Essay Example

Comments (0) Cite this document
Summary
The world has shrunk to a small speck called E-commerce, where it is now possible to exchange goods and money in the form of normal transactions. "Shopping on the Internet or online shopping, as it is more popularly known, is a form of shopping that has almost emptied shopping malls in various parts of the world" (Chaffey, 2007).
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER93% of users find it useful
Importance of Planning and Modelling for Successful E Business
Read TextPreview

Extract of sample "Importance of Planning and Modelling for Successful E Business"

Download file to see previous pages So what is it that is supposed to draw him Similarly, the housewife cannot smell the coffee beans that she is being offered on an online grocery store - so how does she know it will be something that she will relish every morning
These are the questions that are often asked in the arena of online shopping. In this regard, all the answers point towards a specific simulation application that may be used and categorised as aids in online shopping. E-commerce is currently an extremely vast field and requires the use of like HTML and Flash based applications for appropriation of simulation techniques where the online market place is concerned. The problem in this project mainly adheres to the fact that there are now a plethora of such models and theories. Thus, this has led to some amount of deliberation in terms of choosing the appropriate ones (Nemetz, 2002). Here, it may be noted that the competition in reaching an optimum model and plan for websites has been on a steady rise, thus making it difficult to pinpoint which of them is the best in terms of E commerce objectives.
It has been found that there has been a 94% increase for the year 2005 in the number of Britons buying products online as opposed to the 37% figure of five years ago (news.bbc.co.uk). This further implies the fact that E-Commerce is now a major field generating an excessive amount of revenue in the world of global economies. Owing to increasing trends in globalisation, there has been widespread exposure of people from all corners to products and services that are suddenly not out of their reach (Chaffey, 2007).
In this regard, the specific need areas of the people involved in terms of end users is a difficult area to study in order to arrive at the relevant simulation models and approaches. This depends largely on the demographic make up as well as the cultural influences, age, and product being sold. Therefore, E-Commerce is a vast subject to study and to find the appropriate simulation models for (Chaffey, 2007).
Scope of Planning and Modelling
The scope of business is decided by its advent upon various spheres of operation. To be effective, market intelligence is the foremost pre-requisite. In this regard, E-Commerce has been described along the following lines, in terms of its operational sphere:
Industry Association with various web pages: this gives rise to a certain amount of validation of the product and it elements, especially in terms of marketing and online shopping (Palmer et al., 2003). This can be seen in the example of www.indiamart.com which carries various industries and their associated companies'websites.
Availability of information: E-Commerce depends largely on the information system, which is an integration of knowledge management as well as the human effort as far as intellectual capital is concerned (Palmer et al., 2003). This can be seen in the PR based models of various universities in UK, US, Australia and other countries.
When described in context of these broad elements, E-Commerce can be referred to as the technological advancement in the arena of marketing which in turn gives rise to a whole new experience as far as shopping is concerned (Matsuo et al., 2003).
Decision Aids
In the world of increasing consumerism, the significance of decision aids is accentuated through a focus on market intelligen ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Importance of Planning and Modelling for Successful E Business Essay”, n.d.)
Retrieved from https://studentshare.org/miscellaneous/1531718-importance-of-planning-and-modelling-for-successful-e-business
(Importance of Planning and Modelling for Successful E Business Essay)
https://studentshare.org/miscellaneous/1531718-importance-of-planning-and-modelling-for-successful-e-business.
“Importance of Planning and Modelling for Successful E Business Essay”, n.d. https://studentshare.org/miscellaneous/1531718-importance-of-planning-and-modelling-for-successful-e-business.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Importance of Planning and Modelling for Successful E Business

Business Ethics in the Case of Timberland-City Year

The purpose of this study is to focus on the ethical considerations and dilemmas faced by the organization Timberland in terms of its coalition to City-Year and the steps that are taken and should be taken for the solution of those ethical issues.

In the merger of the two organizations, Timberland and City Year, there are many ethical considerations. To develop legal business relationships between Timberland and City Year and to consider the stipulations of the required business laws, the following ethical considerations should be deemed:
  • None of City Year’s earnings should be incurred to any private shareholder or an individual.
  • City Year cannot participate in any political campaign or...
6 Pages(1500 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

Inversion in The Importance of Being Earnest

...Inversion in The Importance of Being Earnest Oscar Wilde’s The Importance of Being Earnest is heavily themed with hypocrisy. One of the most frequently occurring motifs in the underlying theme of hypocrisy is inversion. Wilde’s use of inversion is so profound that a close reading of the play’s title can retrospectively be inverted to actually mean the importance of NOT being earnest. Wilde takes a number of guarded, serious and reveled Victorian values and inverts them through satire and comedy. By inverting Victorian values in comic fashion, Wilde exposes the hypocrisy of those values through witty and often clipped dialogue. Wilde’s Algernon makes an emphatic observation about the solemnity of Victorian marriages and the hypocrisy...
6 Pages(1500 words)Essay

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

Asthma: Importance of Regular Reviews

Most of the patients develop symptoms in early childhood. 80-90 percent of them experience symptoms before 6 years of age (Brenner, 2009). But, the clinical presentation can occur at any age. If left unattended and in the presence of severe symptoms, asthma can contribute to morbidity and mortality. Asthma is an incurable disease and individuals with this condition will need regular follow-up and monitoring of symptoms. In this essay, the importance of regular follow up and review in asthma will be discussed along with clinical manifestations, diagnosing methods and management strategies with reference to an adult patient with asthma who is a passive smoker and is not on regular follow-up.
The most common symptoms of asthma i...
8 Pages(2000 words)Assignment

E-Commerce Marketing Plan for Gap Inc

The business of the bleu is a web-based or ecommerce business that offers the customers the products from the outfit and accessorize from head to toe with five basic brands. Bleu is aimed at offering and meeting the customer’s requirements for a unique lifestyle. Currently, Bleu also established the business regarding the full range of “accessories and furnishings” for a business customer to individualize their home, with a unique style of living and wearing. This report will present detailed analysis of the Bleu ecommerce website marketing plan. This research and analysis report will present a comprehensive overview of the different areas of Bleu online marketing strategy implementation.

Bleu business...
10 Pages(2500 words)Case Study

What Should We Know to Be Successful

Even though there are no specific short cuts for success people seek success wherever they move about. Questions such as “what makes one successful?” and “how can one become successful in life?” have become commonplace. It is ambiguous whether it is one’s education, popularity, talent, goals, wealth or profession that makes him successful. In fact, Success does not have anything to do with one’s environment, circumstances, level of education, or even financial condition. Success is not limited to any specific fields or walks of life: one can find successful people in almost all walks of life whether it be the film industry, business field, politics or in the world of science and technology. No d...
7 Pages(1750 words)Essay

The Importance of Recruitment

The salespersons are the ones who represent the company to the clients and bring business. Therefore, the profitability of the company highly depends on the efficiency of its salespersons. The human resource department follows several well-defined steps for recruitment and selection of the salespersons. There are some specific qualities that should be inherent in an individual to qualify as a successful salesperson. Few of these characteristics are natural and congenital whereas some others can be acquired through learning and experience. While recruiting salespersons, all these criteria need to be taken into account.
The selection of a wrong person as a salesperson can cause multiple problems for the company. If salespersons...
7 Pages(1750 words)Assignment

Globalization and Business Enterprise: Climate Change

Since globalization encompasses political, economical and environmental issues, there has been much debate amongst companies on how resources are to be allocated in order to minimize climate change. Climate change is being dealt with on a global scale. The “Green investing is on the rise”, where investors are buying stocks that are environmentally friendly. New Zealand, like other countries, is supporting the cause for environmental protection by legislative measures in trade, bills regarding carbon emissions and by being part of agreements with the UN and the Kyoto Treaty.

Climate change and globalization are intricately linked. With the passage of time, many environmental issues, like global warming, have...
6 Pages(1500 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 Importance of Planning and Modelling for Successful E Business for FREE!

Contact Us