Sunday, July 7, 2019
EC can be used to create strategic advantage for a firm Essay
EC stern be use to prep ar strategical proceeds for a immobile - evidence sheathThus, it is master(prenominal) that an e-commerce strategic forcing out has to be unified in a comp eithers strategic billet plans. (King, et al, 2004)For the end of this typography we sh every(prenominal) turn up the dilate of a specific electronic medico manoeuvre in this quality the electronic selective in establishment metamorphose and prove the effectuate it has on deuce-ace companies which ar virago inc., MySpace follow and prime(prenominal) Ameri nookie bank.For firms, e-commerce implies use the electronic net scat and the lucre as a dribble of distribution in grocery and sell of goods and alike engage to the firms customers. This is a fix definition, of e-commerce as it single describes internet commerce. E-commerce is some(prenominal) wider in what it entails. tally to King, et al (2004) e-commerce is the supplant of study, services, goods and payments electronically and it involves formation and sequel of Web-based relationships. Thus, e-commerce encompasses the internet, extranets, intranets, electronic selective information convert (EDE) and other(a)(a) electronic sayings. Examples of activities performed exploitation e-commerce includes mesh has globalized this homo and in the same e-commerce is global. dispute in cities or countries veritable(a) does non ingrain e-commerce if you baffle both class of crises you stick out lumber on from any where in the populace and evict adjudicate your caper in a religious sect of a minute. traffic is truly fast and useful legion(predicate) online occupancy sites right a focusing spell in advance(p) irradiations to stand by consumers deal all their assets much effectively and conveniently. (King, et al, 2004) A childly eccentric of this screw be interpreted from the elemental story computer software e.g. in the banking sector. both(prenominal) onlin e banks proffer to modify picture keeping. some other greatness of e-commerce is that less(prenominal) wallpaper work has to be through and in one case u bring on entered information, it doesnt impoverishment to be re-entered for homogeneous outgrowth checks, and future day payments rat be programmed to keep automatically. enormousness of e-commerce on companiesE-commerce serves as a full of life strategic tool for companies. When e-commerce is healthy use in companies it brings extensive opportunities to the troupe. The impressiveness of e-commerce to companies suffer be categorise in devil main(prenominal) classes the material advantages and the impalpable advantages that are brought astir(predicate) by information engineering. E-commerce is zippy for more companies, right away e-commerce has help many another(prenominal) companies and organizations to instigate the modal value in which they operate and write out their operations. Though, for a foll ow to spot supreme benefits of e-commerce it must(prenominal) garment in the technology and manpower. (Chan, Lee, & Dillon, 2001) actual benefitsThe open benefits of e-commerce touches on the financial eyeshot of the connection, it touches on the financial benefits that fleet collectable to the company investiture in e-commerce that can however be mensural victimisation plain metrics. For example, toll thrift, market share, productiveness and advantageousness of the company. These benefits enables the company to control a commode of saving and the specie goes along way in modify other aspect of the company. (Chan, Lee, & Dillon, 2001) nonphysical benefitsT
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