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Analsys of the Ethical Challenges faced by E-Commerce

There is no single, well-established, and widely accepted definition ofHowever, this is not a serious impediment. For present purposes it issufficient to follow the OECD view of eCommerce as: "Business occurring over networks which use non-proprietary protocols that are established by an open standard setting process such as the Internet." (OECD, 1998).Ecommerce provides a tremendous opportunity for any business, whether it's


Risk taking can bedaunting compared to larger organizations, particularly in ventures thatare still relatively new, unfamiliar and uncertain. [2]ConclusionThus we can conclude that ecommerce has yet to overcome many hurdles anddifficulties. It is a new field and needs more exploration so as toovercome problems of ethical situations and implementation. -----------------------[1] Definition of ecommerce[2] Perspectives and Future Challenges. [1]Challenges for the future of ecommerceA major challenge for ecommerce is whether they have the financialresources to invest in technology and other related costs for developing anE-business, or including E-business as a strategy to their existingoperations. Human resources need to be in place to meet the demands, sohaving staff to develop a new type of business, having the appropriateskill base within the organization, attracting and retaining employees withapplicable skills are all critical. terprise looking to market great new ideas or a largecooperation looking for new methods to increase its sales. But sellinggoods and services on the Internet have their own set of challenges thatinclude methods to set up and maintain secure, reliable and cost effectivesystem for authorizing payments and managing transactions. It has a longway t go and it can be an even more major success in the future than it istoday. This may be very difficult in today'sbusiness climate but it is essential to operate E-business properly. Finding sufficient time to invest in the development and implementation ofan E-business package is also a critical factor.

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