E- commerce

2www.ahmedtiger.weebly.comO.B. Second Advantages and Disadvantages First E- C Introduction Third SWOT Analysis: Evaluating Business Unit Opportunities E- commerce

3www.ahmedtiger.weebly.comO.B. Second Advantages and Disadvantages FirstIntroduction Third SWOT Analysis: Evaluating Business Unit Opportunities E- commerce E- C

4www.ahmedtiger.weebly.comO.B. Electronic Commerce and Electronic Business first. e- commerce Introduction Electronic commerce Electronic commerce Electronic commerce, commonly known as e-commerce or e- business consists of the buying and selling of products or services over electronic systems such as the Internet and other computer networks. The amount of trade conducted electronically has grown extraordinarily with widespread Internet usage. productsservicescomputer networksproductsservicescomputer networks Shopping on the Web Shopping on the Web Businesses trading with other businesses Businesses trading with other businesses Internal company processes Internal company processes Broader term: electronic business (e-business) Broader term: electronic business (e-business) Electronic commerce includes: Electronic commerce includes: All business activities using Internet technologies All business activities using Internet technologies

5www.ahmedtiger.weebly.comO.B. Internet, Intranet and Extranet first. e- commerce Introduction Internet - Interconnected global computer networks

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7 Internet, Intranet and Extranet first. e- commerce Introduction Intranet - Interconnected network (or internet) - Distribute internal corporate information

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9 Internet, Intranet and Extranet first. e- commerce Introduction Extranet -Intranet extended - Connects company with suppliers, business partners, other authorized users

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11www.ahmedtiger.weebly.comO.B. Categories of Electronic Commerce first. e- commerce Introduction  Business-to-consumer (B2C)  Business-to-Business (B2B)  Business-to-government (B2G)  Consumer-to-consumer (C2C)  Consumer-to-business (C2B)  Consumer-to-government (C2G)  government-to-consumer (G2C)  government-to-business (G2B)  government-to-government (G2G)

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13www.ahmedtiger.weebly.comO.B. AdvantagesAdvantages Second. e- commerce Advantages of e- commerce For the seller: Increases sales/decreases costIncreases sales/decreases cost Makes promotion easier for smaller firmsMakes promotion easier for smaller firms Can be used to reach narrow market segmentsCan be used to reach narrow market segments For the buyer: Makes it easier to obtain competitive bidsMakes it easier to obtain competitive bids Provides a wider range of choicesProvides a wider range of choices Provides an easy way to customize the level of detail in the information obtainedProvides an easy way to customize the level of detail in the information obtained In general: Increases the speed and accuracy with which businesses can exchange informationIncreases the speed and accuracy with which businesses can exchange information Electronic payments (tax refunds, paychecks, etc.) cost less to issue and are more secureElectronic payments (tax refunds, paychecks, etc.) cost less to issue and are more secure Can make products and services available in remote areasCan make products and services available in remote areas Enables people to work from home, providing scheduling flexibilityEnables people to work from home, providing scheduling flexibility

14www.ahmedtiger.weebly.comO.B. DisadvantagesDisadvantages Second. e- commerce Disadvantages of e- commerce Some business processes are not suited to e- commerce, even with improvements in technologySome business processes are not suited to e- commerce, even with improvements in technology Many products and services require a critical mass of potential buyersMany products and services require a critical mass of potential buyers Costs and returns on e-commerce can be difficult to quantify and estimateCosts and returns on e-commerce can be difficult to quantify and estimate Cultural impediments: People are reluctant to change in order to integrate new technologyCultural impediments: People are reluctant to change in order to integrate new technology The legal environment is uncertain: Courts and legislators are trying to catch upThe legal environment is uncertain: Courts and legislators are trying to catch up

15www.ahmedtiger.weebly.comO.B. SWOT Analysis Third. E- commerce SWOT Analysis: Evaluating Business Unit Opportunities  Strengths  Weaknesses  Opportunities  Threats

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