E-commerce Essay Example | Topics and Well Written Essays - 3000 words - 4

E-commerce - Essay ExampleIt is in addition based on the premise that competition is relentless and people atomic number 18 the most important piercing materials (Morrison Institute). Today the internet is aggressively used as a channel for businesses both new and open up ones through entrepreneurial start-ups and corporate ventures. E-commerce firms are defined as those that derive a significant or rapidly growing proportion of their revenues from consummateions over the internet but organizational and market phenomena confuse been just as influential as technology developments in the growth of e-commerce (Stace, Holtham & Courtney, 2001). Internet exchanges are upright not just for the customers or end users but it helps businesses to exchange and grow together. It is a platform to transact business, known as business-to-business (B2B), business-to-customer (B2C) and customer-to-customer (C2C) and has definite advantages over the traditional way of transacting business (Amit & Zott, 2000).Many firms have failed to tackle the benefits of online business even though the retail segment has picked up rapidly in the last a couple of(prenominal) years. The debate continues whether ecommerce complements fixed store retailing or replaces existing channels, namely the clicks and bricks channels. E-retailing has been constantly undergoing a assist of innovation which has caused a threat to the established retail and distribution channels. This new form of commerce is crocked with information and enables companies to speed up activities and increase their scope. The external and internal factors influence the firms air and companies can differentially obtain advantage depending upon their ability to conduct business (Burt & Sparks, 2003). A failure to lock would allow competitors to surge ahead. E-commerce can help to transform the traditional tasks and activities and the associated costs within the retain channel. The activities that are affected are the so urcing of products, stockholding, inventory