IT430 Assignment No. 4 solution
Monday, June 13, 2011 Posted In CS and IT Edit ThisAssignment No. 04
Semester: Spring 2011
IT430 E-Commerce
Total Marks: 10
Due Date: 14/06/2011
Uploading instructions: Please view the Assignment Submission Process document provided to you by the
Rules for Marking: It should be clear that your assignment will not get any credit if: · The assignment is submitted after due date. · The submitted assignment does not open or file is corrupted. · Your assignment is copied from internet, handouts or from any other student (Strict disciplinary action will be taken in this case). |
Question (10)
Read the attached research paper thoroughly and write in your own words that how can e-commerce influence the small companies/enterprises in developing countries? Also propose different strategies that can be helpful for the success of small business using e-commerce in Pakistan
Your answer should not exceed more than a page and strictly to the point. Avoid irrelevant stories and lengthy answers otherwise your marks will be deducted.
NOTE: Every student should provide his/her own work, exact copying of text from the research paper or other students assignments will lead to copy case and zero marks will be awarded. Different softwares will be used to check plagiarism in assignments. Do not put any query at MDB about this assignment, if you have any query then email at it430@vu.edu.pk
Your assignment must be uploaded/submitted on or before 14th June 2011.
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Solution:
E-business:
An e-business is defined as a company/entity that has ah online presence. E-business that has the ability to sell, trade, barter or transact over the web can be considered as an e-commerce business. An e-business model is defined by company policy, operation, technology and ideology.
Advantages of E-commerce:
These are some advantages of e-commerce.
Personalize services
High quality services
No inventory cost
Worldwide reach of the business
Bulk transaction
Improved supply chain management
Convenient for customer
Increase affectivity through proper communication with customer
Increase profitability by producing customer oriented product.
Increase business activities as customer can order product at their home.
Strategies for small business:
Strategies helpful for the success of small business using e-commerce in Pakistan;
Following are the strategies that can be used in Pakistan.
• B2B strategy:
In B2B E-commerce strategy there is online selling and purchasing of goods and services between businesses or its supply chain management over the internet, private networks and intranets.
• B2C strategy:
In B2C strategy there is online selling of goods and services and contents to customers.
I think In Pakistan B2C strategy is more beneficial for small businesses
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how can e-commerce influence the small companies/enterprises in developing countries?
E-commerece can improve the living style in developing contries. It can improve accessibility of common man to higher athourties. To start the e-bussiness or online trading is not much difficult for small compnies, Becuse basically you need to develop a website to start the e-bussiness. In deveoping contries there is a concept that only the large companies can use the e-commerece for bussiness but it is wrong. The small companies did not need the very skill worker or I.T profeesionals to run e-bussiness. But there is some points that must keep in mind that the how many peoples are using the computers? Is people feel comfortable in e-shoping or not ? Peoples are must be much educated? If a company never keep this point in mind it never be successful in market.
Also propose different strategies that can be helpful for the success of small business using e-commerce in Pakistan?
There is alot of potential for e-commerece in Pakistan. This kind of bussiness is very much popular in youngsters both living big cities or small towns. In Pakistan there are a large number of I.T experts available. The large number of population use computers. So there can be successfully run the e-bussiness.
But the e-bussiness should follow basic good designprinciples, market properly, understand customers and their buying habits, price correctly,anticipate cash flow, monitor competition / technology / marketplace changes , keep growthslow and steady, delegate, develop good internal communications, you must get suggestions from the customers and improve it according to it.
• B2B strategy:
In B2B E-commerce strategy there is online selling and purchasing of goods and services between businesses or its supply chain management over the internet, private networks and intranets.
• B2C strategy:
In B2C strategy there is online selling of goods and services and contents to customers.
I think In Pakistan B2C strategy is more beneficial for small businesses.
Solution:
E-business:
An e-business is defined as a company/entity that has ah online presence. E-business that has the ability to sell, trade, barter or transact over the web can be considered as an e-commerce business. An e-business model is defined by company policy, operation, technology and ideology.
Advantages of E-commerce:
These are some advantages of e-commerce.
— Personalize services
— High quality services
— No inventory cost
— Worldwide reach of the business
— Bulk transaction
— Improved supply chain management
— Convenient for customer
— Increase affectivity through proper communication with customer
— Increase profitability by producing customer oriented product.
— Increase business activities as customer can order product at their home.
::::::::::::::::::::::::::::::::::::::::::::::::::::
E-business:
An e-business is defined as a company/entity that has ah online presence. E-business that has the ability to sell, trade, barter or transact over the web can be considered as an e-commerce business. An e-business model is defined by company policy, operation, technology and ideology.
Advantages of E-commerce:
These are some advantages of e-commerce.
Personalize services
High quality services
No inventory cost
Worldwide reach of the business
Bulk transaction
Improved supply chain management
Convenient for customer
Increase affectivity through proper communication with customer
Increase profitability by producing customer oriented product.
Increase business activities as customer can order product at their home.
Strategies for small business:
Strategies helpful for the success of small business using e-commerce in Pakistan;
Following are the strategies that can be used in Pakistan.
• B2B strategy:
In B2B E-commerce strategy there is online selling and purchasing of goods and services between businesses or its supply chain management over the internet, private networks and intranets.
• B2C strategy:
In B2C strategy there is online selling of goods and services and contents to customers.
I think In Pakistan B2C strategy is more beneficial for small businesses
:::::::::::::::::::::::::::::::::::::::::
how can e-commerce influence the small companies/enterprises in developing countries?
E-commerece can improve the living style in developing contries. It can improve accessibility of common man to higher athourties. To start the e-bussiness or online trading is not much difficult for small compnies, Becuse basically you need to develop a website to start the e-bussiness. In deveoping contries there is a concept that only the large companies can use the e-commerece for bussiness but it is wrong. The small companies did not need the very skill worker or I.T profeesionals to run e-bussiness. But there is some points that must keep in mind that the how many peoples are using the computers? Is people feel comfortable in e-shoping or not ? Peoples are must be much educated? If a company never keep this point in mind it never be successful in market.
Also propose different strategies that can be helpful for the success of small business using e-commerce in Pakistan?
There is alot of potential for e-commerece in Pakistan. This kind of bussiness is very much popular in youngsters both living big cities or small towns. In Pakistan there are a large number of I.T experts available. The large number of population use computers. So there can be successfully run the e-bussiness.
But the e-bussiness should follow basic good designprinciples, market properly, understand customers and their buying habits, price correctly,anticipate cash flow, monitor competition / technology / marketplace changes , keep growthslow and steady, delegate, develop good internal communications, you must get suggestions from the customers and improve it according to it.
• B2B strategy:
In B2B E-commerce strategy there is online selling and purchasing of goods and services between businesses or its supply chain management over the internet, private networks and intranets.
• B2C strategy:
In B2C strategy there is online selling of goods and services and contents to customers.
I think In Pakistan B2C strategy is more beneficial for small businesses.
