Are the Internet and e-commerce truly revolutionizing business practice? This book explodes the transformation myth by demonstrating that the Internet and e-commerce are in fact being adapted by firms to reinforce their existing relationships with customers, suppliers, and business partners. Detailed case studies of eight countries show that, rather than creating a borderless global economy, e-commerce strongly reflects existing local patterns of commerce, business, and consumer preference, and its impact therefore varies greatly by country. Paradoxically, while e-commerce is increasing the efficiency, effectiveness, and competitiveness of firms, it is also increasing the complexity of their environments as they have to deal with more business partners and also face greater competition from other firms. This incisive analysis of the diffusion and impact of e-business provides academic researchers, graduates, and MBA students with a solid basis for understanding its likely evolution.
Industry 4.0 and Global Businesses: A Multidisciplinary Investigation provides a multidisciplinary perspective on the transformative effects of Industry 4.0 by aggregating original theoretical, conceptual, and empirical research.
"This book offers insights into issues, challenges, and solutions related to the successful application and management aspects of electronic business, providing a comprehensive framework for researchers and practitioners in understanding the growing demand of e-business research"--Provided by publisher.
How small businesses can use the Internet and e-commerce to succeed in the global marketplace. Small companies account for a surprising one-third of U.S. exports, and their market share is growing. The Internet has played a major role in helping these companies develop an increasingly powerful international presence. Global E-Commerce Strategies for Small Businesses describes the export opportunities e-commerce holds for small-to-medium size enterprises (SMEs) all over the world. The book is organized in two parts. The first uses examples and case studies of small exporting companies from six countries to show how SMEs and new entrepreneurs are not only successful but also often responsible for job creation, innovation, and economic growth in their regions. It also examines common obstacles to exports such as local and international laws, cultural differences, trade barriers, taxation, and transport infrastructure. The second part covers the steps in setting up a global business: researching business opportunities, identifying and reaching out to customers, building and keeping an online image, closing the deal, and maintaining customer support. Written in a casual, accessible style, the book offers an overview of the tools and services available to help smaller companies flourish in the global marketplace.
Provides an understanding of the technologies of electronic commerce. The text does not concentrate solely on the Internet but suggests that the Internet is only a bridge technology. Each chapter contains an overview of a theory or practice followed by one or more business case studies.
Mobile devices have become an essential item in the daily lives of many people. As with any innovation, mobile services present both opportunities and challenges to current business models. The development of mobile communication coupled with evolving mobile services have completely changed the business landscape and have transformed consumer behavior. It is important to understand the impact that these services have on users’ lives, business, and society. Impact of Mobile Services on Business Development and E-Commerce is a collection of innovative research that focuses on the importance of mobile services in business development and discusses the provision of decentralized services, mobile commerce and marketing, and new models for the delivery of mobile services such as business-to-consumer and peer-to-peer. While highlighting topics including global market, consumer behavior, and customer satisfaction, this book is ideally designed for business managers, executives, marketers, entrepreneurs, financial advisors, consumer behavior analysts, computer engineers, software developers, IT specialists, students, researchers, and business professionals.
The convenience of online shopping has driven consumers to turn to the internet to purchase everything from clothing to housewares and even groceries. The ubiquity of online retail stores and availability of hard-to-find products in the digital marketplace has been a catalyst for a heighted interest in research on the best methods, techniques, and strategies for remaining competitive in the era of e-commerce. The Encyclopedia of E-Commerce Development, Implementation, and Management is an authoritative reference source highlighting crucial topics relating to effective business models, managerial strategies, promotional initiatives, development methodologies, and end-user considerations in the online commerce sphere. Emphasizing emerging research on up-and-coming topics such as social commerce, the Internet of Things, online gaming, digital products, and mobile services, this multi-volume encyclopedia is an essential addition to the reference collection of both academic and corporate libraries and caters to the research needs of graduate-level students, researchers, IT developers, and business professionals. .
Electronic commerce has the potential to radically alter some economic activities and the surrounding social environment. It changes the business environment, accelerates changes under way, increases interactivity, encourages openness, and alters the notion of time.This book examines such issues as the potential for growth of electronic commerce, its impact on the efficiency of the economy, its effects on how business is organized, and on markets, on jobs, and on society. It points out that countries will dismantle barriers to global electronic commerce at different rates, and that this may raise competitive concerns. It also discusses the electronic commerce's impacts on the costs of owning a "store," carrying inventory, conducting sales, placing and processing orders, customer support, and product distribution.
The transaction of products and services via the internet is referred to as "e-commerce," which is an abbreviation of the phrase "electronic commerce." It includes conducting commercial transactions and the exchange of information, goods, and services through the internet between various organizations, including consumers and enterprises. E-commerce has seen enormous growth in popularity and has fundamentally altered the method in which companies function as well as how customers purchase. E-commerce comprises a number of different models, such as business-to-consumer (B2C), consumer-to-consumer (C2C), and consumer-to-business (C2B). E-commerce that is conducted between companies and individual customers, known as business-to consumer or B2C for short, takes place entirely online. Transactions between companies are the primary emphasis of business-to-business, or B2B, e-commerce, which includes the sale of goods from wholesalers to retailers. C2C e-commerce refers to the practice of consumers doing business directly with one another via the use of online marketplaces to purchase and sell goods and services. Consumers providing products or services to companies is an example of business-to-business, or C2B, e commerce. This might include freelancing work or user-generated content. Many different things have contributed to the expansion of online shopping over the last few years. To begin, the proliferation of internet access and the steady march of technological progress have made it simpler for individuals to communicate with one another and do business through the internet. In addition, because of the ease of use and accessibility provided by e-commerce, this mode of doing business has become an appealing alternative for both consumers and companies. Consumers have the ability to buy from the convenience of their own homes while having access to a diverse selection of goods and services thanks to the rise of e-commerce, which also enables companies to access a worldwide client base and remain open around the clock. The term "global business" refers to the operation of commercial enterprises that extend beyond the confines of a single nation's borders. It includes the trading of products, 1 | P a ge services, and resources between other nations or areas of the world. The facilitation of commercial connections on a worldwide scale has been significantly aided by the rise of globalization as well as developments in transportation, communication, and technology. International commerce, foreign direct investment (also known as FDI), outsourcing, and multinational businesses (also known as MNCs) are all components that are included in global business. The movement of products and services across international boundaries is a fundamental aspect of international commerce. When a domestic corporation expands its activities into another nation, this is an example of foreign direct investment (FDI). The term "outsourcing" refers to the practice of contracting a business process or service to an external provider, who is often based in a foreign nation, in order to take advantage of the cost benefits or specialized skills offered by the external supplier. Multinational corporations (MNCs) are businesses that have activities and assets in more than one nation. This gives them the ability to do business on a worldwide scale. Participating in economic activities on a global scale comes with a number of benefits. It gives them access to broader markets, enables them to tap into new consumer groups, and helps them to diversify their income Sources. Companies may also reap the benefits of cost savings by doing business on a global scale. This might include gaining access to cheaper manufacturing costs or capitalizing on the specialized talents and reSources that are readily accessible in other nations. In addition, globalization has made it easier for people to share their information and ideas with one another, which has led to an increase in innovative practices and cross-national cooperation. However, doing business on a global scale also presents a number of problems. Companies are required to negotiate multiple cultural, legal, and regulatory settings, as well as manage the varying preferences of their customers and the circumstances of their target markets. They need to be able to comprehend various economic systems, languages, and commercial practices, as well as adapt to such differences. In addition, the likes of geopolitical considerations, trade restrictions, and currency changes may all have an effect on the operations of multinational businesses.
Introduction to Business covers the scope and sequence of most introductory business courses. The book provides detailed explanations in the context of core themes such as customer satisfaction, ethics, entrepreneurship, global business, and managing change. Introduction to Business includes hundreds of current business examples from a range of industries and geographic locations, which feature a variety of individuals. The outcome is a balanced approach to the theory and application of business concepts, with attention to the knowledge and skills necessary for student success in this course and beyond. This is an adaptation of Introduction to Business by OpenStax. You can access the textbook as pdf for free at openstax.org. Minor editorial changes were made to ensure a better ebook reading experience. Textbook content produced by OpenStax is licensed under a Creative Commons Attribution 4.0 International License.
