E-business Technology Basics

Question 1
SWOT analysis for JPeterman in evaluating the business strategy of the company.
Strengths
There are several strengths experienced as a result of the strategy of the company. There effective communication through the use of “Peterman’s eye which included “talk with us” and “travel with us” which are daily topics being discussed. They also have a live customer service “live help” which answers questions relating to several issues including mailing list issue, order inquiry, website issue and others.
The company provides very unique merchandise. These include items such as their vintage collections example the spoon mold and furniture. These would probably be hard to find elsewhere. These items are originally from other countries and this site would be one of very few places which would sell these items.
The use of the Internet is another strength of the business. With the growth of the Internet this enables the business to provide an easy way for customers to acquire these products and find a description for these items. The website is not complicated in making a purchase and a customer can complete a transaction: signing in as a member and even more importantly the opportunity to make a purchase as a guest. It is far less complicated than other website as they only require an address and payment method which can be a motivating factor for customers to shop on this site.

Weaknesses
The type of products offered is a weakness to this company. The business does not have an organized theme as they sell varying products. For example they sell women’s clothing where I could purchase a blouses, skirts and pants. On the other hand I could also purchase an Elm & Iron stool or a large copper colander. These items are usually f...

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...ce the cost and space of stocking up on inventory. Other benefits of extranets are that they enable quick communication amongst various partners even when their physical locations are geographically distant. Because the network is shared there is a certain level of transparency generated, (Sundaram, 2010). This also provides the ability for BECO to share information directly with the suppliers, process order and receive supplies and update quicker. Overall, the business would increase their profits due to the reduced processing time resulting from connections with their suppliers through the extranet system.

References
Schneider, G. (2013). E-Business (10th ed.). Canada: Nelson Education.
Sundaram, K. (2010, May 17). Advantages of Extranets for Businesses. Retrieved November 11, 2013, from http://www.brighthub.com/computing/enterprise-security/articles/71444.aspx