E-Commerce and Business Process Term Paper

Pages: 6 (2340 words)  ·  Bibliography Sources: 5  ·  Level: College Freshman  ·  Topic: Business

SAMPLE EXCERPT:

[. . .] Consumer-to-Peer Networks (C-to-P) business designs are focused on the interaction between peers in online networks and revolves around exchange of online services between peers.

Business Models within Growing e-commerce Areas

How the Web and also the Internet Modified Enterprise: Structure, Strategy, along with Procedure

Further classifications of e-commerce models are done below (completed based on transaction partners):

Figure: Types of E-commerce models

Security and legal issues

There happen to be specific securities and legalities that cause problems for these type of e-commerce businesses nevertheless. There are generally numerous reviews of web sites as well as directories being compromised, and security openings in software program. For instance, Microsoft has over time issued numerous security updates and 'patches' with their software program. A number of financial as well as other company websites, such as Barclays Bank, Powergen as well as the Consumers' Association in the United Kingdom, have seen breaches in security and safety where 'a technological oversight' or perhaps 'a fault in the systems' resulted in sensitive customer data being open to all (Barkley et al., 2008).

The business facilities pertains to problems like international commerce contracts, taxation laws and regulations as well as other legal contracts that help all sorts of online trading and thus is a buffer highly relevant to all kinds of businesses (Barkley et al., 2008).

Apple Company and E-commerce

At the standard of the business itself, such as for Apple Inc., there are lots of obstacles to e-commerce that link to problems of business structure along with culture. These happen to be most critical for big businesses that have to handle change management problems. For instance, there exists a sense that a lot of work nevertheless must be carried out to design and style the best organizational framework and business culture which will encourage and then increase the advantages of prevalent e-commerce programs. Furthermore, there is also an understanding that partners encounter comparable organizational as well as technological issues, which enhances the obstacle even more (Barkley et al., 2008).

A good illustration of effective e-commerce had been when Steven Jobs, Chief executive officer and founding father of Apple inc, declared iTunes, a brand new service providing legitimate, down-loadable individual songs just for 99 cents a song which would be playable in Apple company's iPods or perhaps Apple desktop computers, the company had been given far better than average odds of success mainly because of Apple's previous results with revolutionary appliance designs, as well as the large stable of songs trademarks which Apple had thoroughly arranged to aid its online songs list. Handful of rivals could complement the mixture of inexpensive, legitimate tunes and effective appliance to experience them on (Laudon and Traver, 2009).

One quite unique competitive edge stems from becoming the very first mover for Apple inc. A first mover edge is really a competing industry edge for any company that comes from being the very first in the market together with a serviceable product. If initial movers create a devoted following or perhaps a distinctive user interface which is challenging to mimic, they could maintain their initial-mover edge for very long periods. Amazon online offers a great illustration too. Nevertheless, in the history of innovation-powered business advancement, most initial movers do not have the complimentary assets required to maintain their benefits, and frequently follower companies enjoy the biggest benefits (Laudon and Traver, 2009).

Conclusions and Recommendations

Along with the e-retail business in particular, plenty of challenging lessons in relation to building lasting and beneficial e-commerce companies could be figured out. This can simply be carried out by concentrating on the sensible growth and development of a consumer brand name via lucrative customer purchase and amazing customer support. Amongst today's achievements, based on these criteria: Quidsi (owner of Diapers.com as well as Soap.com), Shipping Agent as well as Onestop Web. Furthermore, it is additionally wise to carry on and spend money on other kinds of category-leading businesses that perform within the e-commerce environment, like Criteo along with Convertro, which are growing to be invaluable resources to assist e-tailers take advantage of the growing complicated opportunities in internet marketing.

References

Barkley, D.L., R.D. Lamie, and D.M. Markley. (2008). E-Commerce As A Business Strategy: Lessons Learned From Case Studies Of Rural And Small Town Businesses. These materials were developed as part of the Southern Rural Development Center's National Rural e-Commerce Extension Initiative. They are based upon work supported by the Cooperative State Research, Education, and Extension Service, U.S. Department of Agriculture, under Award No. 2005-45064-03212.

Beesmer. (2010). Bessemer's Top 10 Laws of E-Commerce. Beesmer Venture Partners.

Fruhling, A.L. And L.A. Digman. 2000. "The Impact of Electronic Commerce on Business Level Strategies." Journal of Electronic Commerce Research, 1(1): 13-22.

Laudon, K.C. And Traver, C.G. (2009). E-Commerce: Business, Technology, and Society, Fifth Edition. Prentice Hall, Pearson Education, Inc.

Montgomery, R. 2007. "What is E-commerce." Access e-commerce program website, http://www.accesse.info.

OECD. 2001. "The Internet and Business Performance." OECD Business and Industry Policy Forum Report and Proceeding. http://www.oecd.org/sti/business-forum. [END OF PREVIEW]

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