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Future Of E-Commerce Essay

1588 Words7 Pages

Instructor: Dr. Divya Rana
ASSIGNMENTS FOR E-Commerce (MGT101)

Assignment no 1
SORAYA ALMUTIRI
120003138

1. Discuss E-Commerce and E-Business and how e-business is helping corporates in business. (0.5 marks)
- - E-Business enables digital transactions and processes within the company, and the involvement of information systems under the control of the company, do not include e-commerce transactions that involve the exchange of value across organizational boundaries.

- - E-commerce and the use of the Internet and the Web, and applications for doing business. More formally, digitally enable commercial transactions between organizations and individuals.

- How to help e-commerce companies in the field of business. This is because it lasted …show more content…

- Tumblr: It is almost combines social networking and the Blog so that we can send and post blogs, text, images, video, links and many more. It is open source site was created by a group of volunteers for free so that he would open many opportunities for jobs and comments.
…………………………………………………………….
3. Identify the factors that will define the future of e-commerce. (0.5 marks)
The factors that will determine the future of e-commerce as follows:

* E-commerce technology (the Internet, and the Internet, and mobile platform) will continue through the deployment of all business activities, with overall revenues from e-commerce, and a number of products and services sold and the amount of network traffic movement on the rise.

* Prices of e-commerce will rise to cover the real costs of doing business.

* E-commerce will margins and profits to rise more typical of all levels of retailers.

* Conventional and well endowed and experienced Fortune 500 companies will play a more dominant role and …show more content…

4. Identify and describe the unique features of e-commerce technology and discuss their business significance. (0.5 marks)
* (ubiquity) Everywhere available almost everywhere, at all times, making it possible to shop from the desktop, at home, at work, or even from your car.

* Global-reach commercial transactions permits to cross cultural and national boundaries far easier and more cost-effective than is the case in traditional trade.

* Common global standards (universal standard) by all countries all over the world. In contrast, the most traditional trade techniques vary from state to state.

* Riches-refers (information richness) to the complexity and content of the message. It enables the dealer on the Internet to deliver marketing messages with text, video and audio to an audience of millions, and in a way not possible with traditional commerce technologies: such as radio, television, or magazines.

* Interaction (interactivity) allows for in-two-way communication between the merchant and the consumer and the merchant enables the consumer to engage in similar ways to experience face to face, but on a much larger global

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