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The world largest computer network is the internet. With the astonishing growth of the Internet nowadays, many companies are finding new ways to expand their business opportunities. One can even say that there¡¯re almost all companies used computers in their everyday business. Thus, E-commerce is emerging as an increasingly important way for businesses to reach potential customers. Introduction What exactly is e-commerce?
Available: http://www.pcworld.com/news/article/0,aid,114916,00.asp [23 June 24]. O?Brien, James A. (2004c). Management Information Systems: Managing Information Technology in the Business Enterprise. New York: McGraw-Hill.
Many of our competitors have already built-in e-signature verification within their systems for online business and for handling their financial records. Using this innovative, high-ranking technology can significantly cut down on the time it takes to process online business. Consequently, it is urgent that we take rapid action toward the procedures required for incorporating the use of Electronic Signatures. Proposal Solution An electronic signature program can provide this company with an advanced solution for handling transactions online, as well as for lessening the cost of processing files through mail or long distance traveling. "The use of an e-signature is creating greater consumer confidence in online business transactions…" (Hammar, Sven), over the Internet.
44 Issue 1. Retrieved January 31, 2005 from http://search.epnet.com/login.aspx?direct=true&db=buh&an=15695115 Database: Business Source Premier
Online customers also have much more interactive and complex relationships with online businesses than they do with traditional companies. This is because Internet technologies enable companies to build Web sites that can be customized to meet the specific needs of their B2B or B2C customers (Schneider, 2004). Online businesses can use this property of the online environment to manage the legal and ethical requirements of both business and consumer clientele. Ethics Ethics are especially important in the B2B framework because businesses selling to other businesses treat their customers more as partners and rely on reciprocal information sharing for developing mutually beneficial partnerships (Pepper, 2004). Because the relationship is more extensive, every time there is an exchange of information or data, it must be meticulously tracked and labeled as general business or confidential as appropriate (Dada, 2004).
Retrieved June 16, 2005, from: http://mike-pereira.com/subpage/docs/walmartcs.htm Usatoday.com. (2004). The Associated Press. Retrieved Wednesday 15, 2005, from: http://www.walmartfacts.com/associates/diversity.aspx