ipl-logo

E-Commerce In The 21st Century Essay

1343 Words6 Pages

ntroduction

Currently, the way we perceive the world we live in has changed drastically, given that the influence and use of technologies and the Internet is increasing, they are revolutionizing the way in which the society carries out its daily activities. In the following work we will focus on one of the most important facets that sustains the economy of any nation, which are commercial transactions; however, the main topic of interest are commercial activities that are associated with the use of digital tools, known as information technologies. Therefore, the following essay aims to inform your readers about new trends in trade with technological influence of the twenty-first century.

E-commerce, "Electronic commerce is the use of electronic means to carry out all activities involved in business management: supplying and demanding products and/or services, finding partners and technologies, making negotiations with their counterpart, selecting the transport and insurance that is best suited, performing banking transactions; all those operations that require trade to any part of the world through the use of the Internet". This is an economy that owes its rapid development of their great ability to speed and ease with which a purchase can be performed.
According to Rayport and Jawarski, (2002, p. 7) electronic commerce "is …show more content…

Reintermediation is the opposite of disintermediation: is to add an intermediary to facilitate business. EBay an online auction house, is a good example of reintermediation. EBay has no products, warehouse or inventory. People who want to register their merchandise to sell something with eBay. Those interested in purchasing the product visit the website eBay to see what products are available. In conclusion, it is a site where there are different buyers and sellers and where eBay is the intermediary in the process of buying and selling

Show More
Related

  • Tootsie Roll Financial Analysis

    668 Words  | 3 Pages

    At present the organization serves over 200 countries providing “goods, dollars, and know-how” (UPS, n.D., 1). Usahas a few stores located in these countries, together with the USA, the place people cannot best have their applications sent, however they can additionally buy supply merchandise from them as good. On September 5, 1995, Piere Omidyar situated eBay sitting in his residing room. EBay acquired it first begin with a lie declaring “that it used to be situated to support Omidyars finacee trade Pez sweet dispensers and that lie was once again with the aid of a public family members supervisor in 1997.

    Read More

  • The Pros And Cons Of Non-Resident Spe Simulation In Ontario

    1389 Words  | 6 Pages

    Infill is defined by the American Planning Association as “redevelopment that optimizes prior infrastructure investments and consumes less land that is otherwise available.” (infill) Infill development is meant to be the most efficient utilization of land, resulting in more compact land use and development. (infill) This can happen in a number of ways, including demolishing single-family homes and in turn developing a multi-family home or condominium complex where that single-family home once stood, or constructing a new building on a vacant lot. (infill TO)

    Read More

  • Reconstructing New Orleans After Hurricane Katrina Essay

    1432 Words  | 6 Pages

    Reconstructing New Orleans after the hurricane Katrina is one of the most involving city-rebuilding projects that have been taken on in US history. The challenges in reconstruction and recreation of what used to be is the aspect of having to decide and agree on which areas should be rebuild first. The federal and state government have received different opinions on what should be done on different areas. For example, suggestions to utilize a 150-acre piece of land in New Orleans for an amusement park or use it to create a retail mall are some of the conflicting suggestions that have come up. Much of the land has been controlled by the city since the rebuilding efforts in 2009.

    Read More

  • Protecting Innocence In A Carceral State By Erica R. Meiners

    1033 Words  | 5 Pages

    110). According to the author, the aim of restorative justice is to heal communities from an incident where people were harmed and, ideally, help prevent the same thing from happening again. I believe that, there is going to be a higher possibility of crime reduction in schools and in different neighborhood if victims and offenders mediate a restitution agreement to the satisfaction of each other. In conjunction to this, if the government can be more committed in supporting these approaches, I believe that there will be a massive drop in crime

    Read More

  • Frederick Jackson Turner Frontier Thesis

    718 Words  | 3 Pages

    For instance, the National Reclamation and Homestead

    Read More

  • Feral Cat Overpopulation Essay

    1555 Words  | 7 Pages

    Feral cat populations have skyrocketed over the last few decades, and no one can quite agree on what to do about it. The overpopulation of feral cats pose a danger to birds and other wildlife, along with some risks to humans given the diseases they could possibly carry. Both sides agree something must be done about the feral cat population, but the debate comes in what should be done. For years the solution to the problem was to simply kill the feral cats, but the use of TNR, trap-neuter-return, is becoming more popular. TNR offers the option to shrink the population of feral cats, without causing the death of thousands of kitties.

    Read More

  • Barry Levinston's Sleepers And The Restorative Justice System

    849 Words  | 4 Pages

    This type of justice system is designed very differently when compared with the retributive justice system. The restorative justice system endeavours to bring the victim and the offender together and allow them to speak with each other in the hopes to support the healing process. It will enable the victims to express themselves to the offender and lets the offender apologize and express their feelings to the victim. The restorative justice system often offers the victims of crime closure. The system encourages both parties to reveal themselves to each other and develop a solution for the future to satisfy both parties involved.

    Read More

  • Indeterminate Sentencing

    147 Words  | 1 Pages

    Restorative justice also known as balanced and restorative justice is “a sentencing model that builds on restitution and community participation in an attempt to make the victim whole again (Schmalleger 269).” Restorative justice focuses on “crime as harm and justice as repairing the harm”. This type of justice places crime control primarily in the hands of the community. 3. Indeterminate sentencing encourages rehabilitation using general unspecific sentences.

    Read More

  • Restorative Justice Vs Utilitarianism

    117 Words  | 1 Pages

    Restorative Justice processes are likely to reduce criminals from repeating offenses, as numerous recidivism studies have demonstrated. Thus, it would be more than justified to employ restorative processes a response to crimes under

    Read More

  • Amazon: Compare And Contrast The History And Business Model Of Amazon

    1177 Words  | 5 Pages

    Introduction The power and utility of the internet is common knowledge to literate people. It has fundamentally shifted the economic land scape to such an extent that its era is dubbed the new economy (Turban et e, 2011l). At the heart of this new economy is e-commerce. E-commerce is simply doing business online. Amongst the companies at the pinnacle of the new economy and more specifically e-commerce is Amazon.

    Read More

  • Share Purchase Essay

    793 Words  | 4 Pages

    Once a firm decides to redistribute cash to shareholders via a share repurchase, it has four channels at its disposal through which the share repurchases can be carried out: (fixed-price) tender offers, Dutch auctions, privately negotiated repurchases and open market share repurchases. A tender offer entails that a firm repurchases a number of shares through a one-off offer. The offer specifies the number of shares a firm wishes to repurchase, the particular price at which shares are to be repurchased and when the offer expires. A firm may also specify the minimum number of shares that must be tendered for the offer to not be cancelled.

    Read More

  • Challenges Of Globalization And Law

    1644 Words  | 7 Pages

    GLOBALIZATION, TECHNOLOGY AND LAW Globalization and Technology Globalization has completely transformed the way in which the world and its people interact. Earlier there were several roadblocks in the ability to communicate and interact with the people worldwide. But now, the world is becoming more and more globalized in all spheres: Business, financial, social, economical, etc. Over the years, a lot of technological advancements have come into picture including the changes in the field of Information Technology, having a significant impact on the global landscape.

    Read More

  • The Cause And Causes Of Online Shopping On The Internet

    996 Words  | 4 Pages

    Causes According to Amin & Noor (2013), the E-consumers generally refer to the purchaser of goods and services over electronic systems such as Internet and other computer networks. This new group of consumers is increasing in number over the years as on-line shopping become a trend and manifestation of modern life style. Based from the Paynter & Lim (2001), E-commerce would provide consumers with benefits such as interactive communications, fast delivery, and more customization that would only be available for consumers through online shopping. Product information in the Internet is more compact and it ranges from various sites.

    Read More

  • Benefits Of Online Shopping Essay

    1142 Words  | 5 Pages

    Online shopping has nowadays become a widely spread way of shopping among people on different continents and in different countries. Its popularity is constantly on the rise considering the spread of Internet technologies and the increasing share of online shops in the retailing business. Online shopping activities are gaining wide spread as far as they tend to provide the consumers with numerous benefits and increase the convenience of buying without leaving the house. The popularity of online shopping grows due to a range of reasons, including its convenience as well as time- and money-saving potential.

    Read More

  • Roles Of Money In Macroeconomics Essay

    1772 Words  | 8 Pages

    ROLE OF MONEY IN MACROECONOMICS 1. Introduction Money can be seen as the medium of exchange which is acceptable while transaction is being undertaken between two parties. Some of the common forms of money are: - Commodity money: This is when the value of the good represents its value in terms of money like gold or silver. - Fiat money: This is when the value of the good is less than the value it represents - Bank money: It is the accounting credits that can be used by the depositor Money serves a variety of crucial functions in the economy and this is why it has gained an unparalleled influence in the matters of economy at micro as well as macro levels. Some of the features of money that make it so important for any economy are as follows:

    Read More

More about E-Commerce In The 21st Century Essay

Open Document