Electronic Commerce

876 Words2 Pages
bulb-icon

Recommended: advantages and disadvantages of internet promotion.

Introduction:
Electronic commerce is the use of the internet or a network to transfer and use data. It can also be defined as the use of the internet to buy and sell products and services. This can be either through business to business or business to customer or customer to customer. (Investor Words, 2013) With the use of the internet more and more business’ have to find more ways to interact and supply things for their customers. With the big business’ doing this such as Amazon (Investor Words, 2013) in order to compete, it may mean that small business have to do this as well. The following will highlight the use of ecommerce with a small businesses and the impact of implementing it or not implementing it and also the impact of going to implement ecommerce This will also be put up against what the impact on a small business would be if they did not use ecommerce and what the impact this would be on a small business within the conclusion.
The Bad Impact:
Loss of Privacy
When a business wants to bring in the use ecommerce they have to consider the privacy of the information that they collect when using the internet to sell and buy services to Customers. When doing this, they collect data of the customers, whether it’s on their purchases, there personal details and they also use these to details to send personalized advertisements (OverBlog, 2013). Some have argued that this can be an invasion of privacy. This could especially impact a small business because it not using the proper legalities could make the business get lots of fines, and result in them having to pay a lot of money that could be damaging to the business (OverBlog, 2013). This could also spin the other way, in order for business to avoid issues of privacy before imp...

... middle of paper ...

...67.html [Accessed: 10 Dec 2013].
4. Iacovou, C., Benbasat, I. and Dexter, A. (1995.) Electronic data interchange and small organizations: adoption and impact of technology. MIS quarterly, pp. 465—485
5. Investor Words. 2013. E-Commerce. [online] Available at: http://www.investorwords.com/1637/e_commerce.html
6. OverBlog. 2013. Negative Effects of E-Commerce. [online] Available at: http://businessresources.over-blog.com/article-negative-effects-of-e-commerce-86589177.html [Accessed: 10 Dec 2013].
7. Rogers, P. and Rogers, P. 2012. Top 50 Ecommerce Websites. [online] Available at: http://www.paulnrogers.co.uk/top-50-ecommerce-websites/ [Accessed: 10 Dec 2013].
8. Savitz, E. 2013. The Future Of E-Commerce For Small Businesses. [online] Available at: http://www.forbes.com/sites/ciocentral/2013/03/13/the-future-of-e-commerce-for-small-businesses/ [Accessed: 10 Dec 2013].

Show More
Related

  • Online Privacy: Is It Really Possible?

    1848 Words  | 4 Pages

    ..., websites and online marketers do find ways around users’ precautions to gain personal information. There are many people out there who want to use personal information like credit card numbers or addresses to cause harm to others. These cases are the extremely negative ones that people want to and should avoid. The case of companies and third parties tracking browsing history and other information for advertising purposes hover over a finer line between good and bad. For some people, tracking can be considered convenient in terms of shopping for what they are interested in, and others may be uncomfortable with the thought of being tracked without knowing. As stated in the beginning, complete privacy is unlikely, but being informed about the tactics of the Internet can help one protect themselves and others in their care to be as careful and private as possible.

    Read More

  • Privacy and Ethical Concerns with Behavioral Advertisement

    740 Words  | 2 Pages

    If big business’s past is any indication of its future, it proves that businesses cannot be trusted to act ethically towards the masses. There must be laws in place that protect the consumer and outline the extent an advertiser can reach before divulging into privacy violations. An opt-out or do not track option before behavioral advertisement occurs will sufficiently address the ethical and privacy concerns posed by behavioral advertisement. The line must be drawn in order to empower consumers with free will and to restrict the severity of big business surveillance.

    Read More

  • Online Data Tracking: An Invasion of Privacy?

    1364 Words  | 3 Pages

    The personal connection Americans have with their phones, tablets, and computers; and the rising popularity of online shopping and social websites due to the massive influence the social media has on Americans, it is clear why this generation is called the Information Age, also known as Digital Age. With the Internet being a huge part of our lives, more and more personal data is being made available, because of our ever-increasing dependence and use of the Internet on our phones, tablets, and computers. Some corporations such as Google, Amazon, and Facebook; governments, and other third parties have been tracking our internet use and acquiring data in order to provide personalized services and advertisements for consumers. Many American such as Nicholas Carr who wrote the article “Tracking Is an Assault on Liberty, With Real Dangers,” Anil Dagar who wrote the article “Internet, Economy and Privacy,” and Grace Nasri who wrote the article “Why Consumers are Increasingly Willing to Trade Data for Personalization,” believe that the continuing loss of personal privacy may lead us as a society to devalue the concept of privacy and see privacy as outdated and unimportant. Privacy is dead and corporations, governments, and third parties murdered it for their personal gain not for the interest of the public as they claim. There are more disadvantages than advantages on letting corporations, governments, and third parties track and acquire data to personalized services and advertisements for us.

    Read More

  • Netflix Case Study

    1320 Words  | 3 Pages

    Laudon, Kenneth C. Traver, Carol. E-commerce: Business. Technology. Society 3th ed. Pearson Prentice Hall. Upper Saddle NJ, 2007.

    Read More

  • Privacy versus Profiling

    1725 Words  | 4 Pages

    Murphy, Eve M. Caudill and Patrick E. “Consumer Online Privacy: Legal and Ethical Issues.” Journal of Public Policy & Marketing 19.1 (2000): 7-19.

    Read More

  • Protection of Consumer Privacy in E-Business

    1281 Words  | 3 Pages

    About 98.3% of all persons had used e-business services such as Octopus Card and Automatic Teller Machine (Census and Statistics Department, 2009). One of the pitfalls for the development of e-business, however, is the concerns on consumer privacy. According to Green’s (1999) survey, 54% of respondents had decided not to purchase a product because of a concern overuse of personal information collected in the e-business transaction. This essay examines the circumstances on protection of consumer privacy in e-business. As e-business is surging by an astronomical number and consumer information is a kind of property, the protection of consumer privacy in e-business becomes significant.

    Read More

  • The Impact of Technology on Business

    1185 Words  | 3 Pages

    E-commerce, a system by which people can buy, sell and deal without even seeing the person on the other side, has taken a front seat in improving the economy of countries around the world. Technology today has made it possible for monetary institutions to help locate the customers resources and help solve their problems at any given time through online banking.... ... middle of paper ... ...

    Read More

  • E-Commerce Essay

    1274 Words  | 3 Pages

    Electronic Commerce as popularly as E-commerce has become a big deal in our growing economy due to the increase use of online systems. E-commerce now of the fastest growing business in the world. The technology has change the way of business. Business that have physical location have now made it an effort to focus their online business. It is the new sort of business platform where you can make use of different technologies like electronic data interchange or transfer document electronically. Online business is an effective of sales.

    Read More

  • Current Marketing Trends And Strategies

    1752 Words  | 4 Pages

    Today, the world wide web is bigger than ever. You can do or find just about anything on the internet these days. E-Commerce is rapidly growing and it is considered to be one of the biggest trends in the business field today.

    Read More

  • Foreign Direct Investment (FDI) in E-commerce in India

    2939 Words  | 6 Pages

    E-commerce is about two decades old, yet due to its fascinating dimensions, it remains a challenging area for researchers and professionals.

    Read More

  • The Impact Of E-Business

    1822 Words  | 4 Pages

    E-commerce or electronic commerce is carrying out business communications and transactions through computers and over networks. It involves buying and selling of goods and services through digital communication. E-commerce also includes transactions on the World Wide Web and the Internet and means such as electronic funds transfer, smart cards and digital cash. E-commerce covers outward facing processes that interact with customers, suppliers and external partners such as sales, marketing, delivery, customer service, purchasing of raw materials and supplies for production.

    Read More

  • E-Business Architecture

    1853 Words  | 4 Pages

    What's e-business? It is the transformation of every business process through using the internet and associated technologies. In this transformation, each part of the business becomes a part of an intrinsic network, which enables employees, suppliers and customers of a given enterprise to conduct their tasks. People usually try to make a point in differing e-business from e-commence, but as I see, e-commerce is a part of the e-business category, and an important one.

    Read More

  • Essay On E-Business

    1433 Words  | 3 Pages

    ...ocurement operations with an integration of e-business into its policies. The evidence of growth following a business incorporation of e-business appears to be compulsory. Other organizational strategies associated with e-business identified in the research include sales with marketing of a business, financial procedures, procurement, along with consumer services. The internet economy represents a larger concept as compared to e-business, which makes the e-business a dependant of internet economy. In reference to the evidence provided within the research, it is clear that e-business contributes to streamlining of business operations along with the ability to gain access to novel markets. E-business ensures businesses have quicker with the easier forms of communication, strong marketing aptitudes, along with augmented operation hours for customer services offered.

    Read More

  • E-Commerce Makes Life Better !

    1570 Words  | 4 Pages

    E-commerce means that the company runs their business online, not like the traditional business way. We have to go the shopping mall or store to get goods that we need, E-Business is the enabling of electronic communication between any two or more participants in a business relationship. It helps companies capture abroad business field, cost saving, and market opportunity. E-commerce is an important factor that is making people’s lives more efficient.

    Read More

  • Ethical Issues in e-Commerce

    1594 Words  | 4 Pages

    Privacy is the condition where someone personal information can not be documented and be used by others (Parent, 1983). Privacy has been and continues to be a significant issue of concern for both current and prospective electronic commerce customers. The foll...

    Read More

More about Electronic Commerce

Open Document