E-Commerce: A Global Oppurtuni
In a world brimming with the pressures of economic stabilization and financial gratification, companies must adopt the methodologies of e-commerce in order to attract growth and prosperity. E-commerce, defined as "The application of advanced information technology to increase the effectiveness of the business relationships between trading partners" by the Automotive Industry Action Group of North America, is a realistic tool which enables companies to evolve electronically into a corporation better suited to serve their customers. E-commerce involves implementing regular business operations into a telecommunications network. The most common form of conducting business online is through web pages. Companies create these web pages (usually with the help of such design companies as NetDynamics) which allow customers to order goods and services from the convenience of their own home. Most new sites also allow secure financial transactions to be made. E-commerce is also used in the form of EDI or Electronic Data Interchange. This form of online business acts as a messaging system which automates and speeds the exchange of information between two linked companies. This format is usually found in
As businesses grow they as well as their customers will demand a higher level of security and speed, thus prompting technology developers to create more sophisticated equipment to meet these demands. With the evolution of e-commerce come countless opportunities for job placement- ranging from delivering packaged goods to maintaining e-commerce sites. The augmentation of e-commerce, with its capacity to create jobs and improve technology, is able to bring forth-strong economic growth of global markets. The site allows customers to book orders, track the transportation progress and establish payment- all online. The site gives the company the opportunity to, as Johan Lisnell, product manager of information technology of the company's marketing unit says, "open up a window to customers and have them do work we normally did. For example, Intel reports that it sells over $1 billion worth of products monthly over its website. E-commerce has the ability to destroy the barriers posed by a global landscape and create a harmonized electronic community. Take into account the scenario of British model solider manufacturer Len Taylor and his company Trophy Miniatures. The global opportunities of e-commerce are truly momentous. He saw his sales rise from 17 000 to 30 000 (British currency). Even though e-commerce has proven to effectively expose a company's products to the global arena, it also has the potential to provide services to consumers. " On a local spectrum, the success of Halifax, Nova Scotia based Pantellic Software can further attain to the global potential of e-commerce. Taylor experienced many sleepless nights during which he would answer phone calls from US customers (when it was evening over there). , which distributes gas to suppliers who then resell it to corporate and residential customers, has been operating a web site that allows corporate consumers to choose their energy supplier.
Common topics in this essay:
Certification Programs,
Boeing Internet,
Koop's E-commerce,
Johan Lisnell,
Organization WTO,
North America,
Miniatures Taylor,
Data Interchange,
Schenker-BLT Europe's,
Dale Cass,
economic growth,
global opportunities e-commerce,
opportunities e-commerce,
global opportunities,
create jobs,
site allows,
improve technology,
consumers choose,
information technology,
growth prosperity,
prosperity e-commerce,
growth prosperity e-commerce,
|
Acceptance Essays
