By utilizing a product based web experience for their business customers they have tailored their organization to effectively manage their supply chain as well as customer relations (David and Malone p. 103). Intel realizes that e-business is not only about selling products over the Internet but the involvement of managing the supply chain and customer service is also crucial. Tremendous value is added to the process of getting raw materials and also of supplying goods to retailers and distributors in a manor that is desired is required (David and Malone p. 106). The main use of business to business e-commerce is the simplification of all business communications. Intel is able to link with all business customers via the Web, which gives them instant access to each other.
Figure 1: Turley and Milliman’s retail atmospherics framework Nowadays, the retail industry transitioned from brick-and-mortar to click-and-mortar retailing. As a result of developing on the Internet that has increased the flexibility for retailers to operate an online store in addition from their physical store. Moreover, the online channel also offers the benefit in selling products to the online shopper that value another customer segment (Ofek et al, 2010). Otherwise, the consumers’ behaviour in the era was not relying on one channel. They use relevant of technologies to search for an information in different ways, such as, read reviews from other customers, visit the physical store before purchasing online, finding the best price of purchase (Aubrey and Judge, 2012).
In addition, most e-commerce enterprises will sell items that are shipped directly to customers from distributors, allowing fund allocation to finding out the market wants and ensuring superior customer service. For example, Amazon is a virtual company that has challenged traditional enterprise, grabbing a fair market segment, forcing book stores to also offer their products online often at a reduced price to the store price. Lastly, E-commerce has forced companies to change and think carefully about forging the right partnerships to ensure
DIFFERENCE BETWEEN E-BUSINESS AND E-COMMERCE: E-business and e-commerce are terms that are sometimes used interchangeably, and sometimes they are used to differentiate one vendor’s product from another. In both cases, the e stands for "electronic networks" and describes the application of electronic network technology - including Internet and electronic data interchange (EDI) - to improve and change business processes (Bartels, 2000) 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.
Evaluation of the potential of e-business as a channel to US’s consumer market: Levenburg (2013) asserts that for the retail businesses to maintain successful e-business approach, it is imperative they comprehend the novel channel. The fundamental comprehension of the multi-channel based transaction frontier is imperative to sustain a proper evaluation of e-business’s impact on the consumer market. It is imperative that retail businesses how the internet can be geared to deliver beneficial outcomes in regards to tapping into the consumer market. The changing operational structures are equally pivotal for evaluation especially the notion of supply chain operational shifts (Graig
Introduction E-business refers to the ability of an organization to transform its processes in a manner that it conveys additional consumer values with implementation of various forms of technology, philosophies, along with a computing paradigm that correlates with the novel economy. There is an association that exists amid the internet with e-business. The internet happens to be a wider concept when compared with e-business. E-business relies on the internet economy to enhance some of its most important processes that comprise of production, customer-focused, along with internal management processes. This paper intends to provide a detailed exploration in the relationship between the internet and e-business with a further review of some of the key strategies employed by organizations for e-business that include marketing, financial services, procurement, with consumer services.
E-Commerce is a system of doing business and trading systems which exploit the convenience and sophistication of the technology and applications using the Internet. Through e-commerce, company or individual can sale and purchase transactions to and from anywhere in the world that allows companies or individuals to acquire more customers and profits. Through E-Commerce them able to expand their business empires and introduce their business to the people of the world about the products or services they offer. Some types of E-commerce. The first is the business-to-consumer (B2C) in which the organization (business) is the seller, while the consumer is a person (buyer), the second consumer to business (C2B).
The United States' Role in International Environmental Policies through Treaties The United States plays a vital role in international environmental foreign policy through conventions and treaties. Creating international environmental policies is complicated. However, they are necessary. The environment can't be fixed with one policy or by one country. Therefore, the United States must actively participate in the creation of international environmental policies.
The recognition that the natural environment was fragile and need a special legal protections. At that time, numerous influences - including a growing awareness of the unity and fragility o... ... middle of paper ... ...ss. 6.0 – Principles and Concepts of International Environmental Law Basically, understanding and intellectual capacity of modern international environmental law, requests not only understanding of treaty law, but also the translation of principles and concepts into legally obligatory rules and implements. Principles and concepts stand for a common ground in international environmental law. Also, it reflects the past development of international environmental law and have deep impact on its future development.
Primary vs. Secondary Research Market research is grouped into two categories, primary and secondary, of which is defined by the source that collected data information to solve a specific problem. Primary data research is done by the organization for a specific objective and customized to meet that need. Aakar, Kumar, & Day (2007) define primary data as being collected for a specific purpose. If, for example, an organization is trying to figure out the customer satisfaction rate of it shoppers for a particular product by use of an online survey, the information gathered is considered primary data research.