The first one is it allows an explosive business growth in globally because it is not only on domestic as Web services are invented for organization to go global market. This will encourage other organization will do the same method to increase their profit. Secondly, Web services help these companies to expand their market reach as promotional activities for customer to get to know the product. Target market reach will be able for the company to find their potential customer to buy their product. Thirdly, it will give users the ability to act on information any time, any place, and from any smart device.
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It makes increase on the numbers of e-commerce fans. You may want to learn on the advantages and disadvantages so you can earn more benefits from there. • The Advantages • #1. Cost Effective • The entire financial transactions will eventually become electronic, so sooner conversion is going to be lower on cost. It makes every transaction through e-commerce payment a lot cheaper.
These benefits are of two main types: Improvements in infrastructural efficiency, as information systems replace old ones with systems that are more flexible, have greater reach and cost less to run, and new business opportunities made possible by new information systems. These opportunities include improvements in external and internal processes, tapping employees’ and external knowledge, and the creation of networked communities of customers and staff. ICT should be able to streamline your business, produce measurable improvements, but most importantly managers need to use the resource to be on the lookout for new business opportunities. BIBLIOGRAPGHY: 1. Heathcote.M .P, (1998) ‘A’ Level Computing 2.
E-commerce can also reduce cost associated with paper based processes such as postage and printing. It also helps build customer relationships by giving customers faster and more responsive services. Another important factor for using E-commerce is that it allows ability to compete and survive in the emerging digital economy when it comes to the global economy (Tapping the power of commerce, 1999 ) ADVANTAGES AND LIMITATIONS OF E-BUSINESS:Advantages and Limitations of E-Business Advantages: - Plans for improving its business, products, services. - It creates awareness in the society for understanding the technology - Access to global market and information. - Global reach - Better decision making - Ubiquity - Cost effectiveness and increased productivity - Quicker and easier communications - Strengthened marketing capabilities and reach - Access to broader information through research - Information density - Reduces asymmetry - Reducing the cost of doing business by lowering tr... ... middle of paper ... ...ts or loans.
The use of the internet and related technologies to encompass every business process that aim to integrate sellers with the consumers and suppliers using the internet is known as E-business. Before to decide to conduct business online is fundamental to know the main advantages and challenges that the company will deal with. The biggest advantage is expanding global reach, which means that the company can have a worldwide presence. The product can be available to customers from all over the world and it provides the opportunity to increase sales and open new markets that could not be reached before. In addition, an online strategy allows the company to be free of costs that are incurred only in physical stores.
Therefore, you should have the ability to learn a new skill pretty fast so as to find a success with a career in web designing. A web designer has to ensure that the website’s requirements are met effectively. For example, if a website is meant to generate e-commerce, then the design of the website plays a major role in the ultimate sales. The look and feel of websites has to be developed by the web designer using HTML programming, and other computer graphic programs. A web designer has to create a good user interface, create animations, determine the visual elements such as the font and style and ensure that it has an aesthetic appeal to its users.
The Future of Management Companies are geared into increase in efficiency and productivity, better choice of goods, more competitive prices, faster execution and better resource allocation. What was true then, will still hold true in the future, except it just may double up. Obviously, ideas like these contributed to the call for far better business management. Method Changes in Technology This has the most impact on any businesses out there and even the ones who has not yet embraced the Internet phenomena due to accelerating the speed of change, increasing competition, and the shifting structure of relationships. According to Dessler (2003), “the managerial uses of the Internet can in a sense, get a free ride on the Internet, they can substantially reduce their communications costs by building their management systems around the Internet.” Companies who see the Internet for all its glory will not hesitate to spend to be in gear with the latest trend because in the long run, it will save them money.
Amazon and Ebay: The New Face of Web Services CASE STUDY QUESTIONS 1. What are the purpose and business value of Web services? The principal purpose of Web service is create the exchange of data between business (for example e-commerce or e-business) in real time via Internet, and this way a business might share with its costumers, suppliers, and other business partners all the necessary information. As a result, the use of Web serving by any organization, which wants grow up and support a place in the market, is the best tool. This is because the increasing and development of the technology and communication (or by the globalization's growth) the use of the Web to make business is increasing too.