Driving forces for EC
A New world Order of Business?
Highly competitive environment
consumers are the focus
Business environment can change quickly
Business environment can change unpredictably
Docsity.com
Prepare for your exams
Study with the several resources on Docsity
Earn points to download
Earn points by helping other students or get them with a premium plan
Guidelines and tips
Prepare for your exams
Study with the several resources on Docsity
Earn points to download
Earn points by helping other students or get them with a premium plan
Driving Forces - E-Commerce - Lecture Slides, Slides of Fundamentals of E-Commerce
Students of Communication, study E-Commerce as an auxiliary subject. these are the key points discussed in these Lecture Slides of E-Commerce : Driving Forces, Highly Competitive, Environment, Focus, Consumers, Business Environment, Strong Competition, Global Economy, Trade Agreements, Countries
Typology: Slides
2012/2013
1 / 10
This page cannot be seen from the preview
Don't miss anything!
Related documents
Partial preview of the text
Download Driving Forces - E-Commerce - Lecture Slides and more Slides Fundamentals of E-Commerce in PDF only on Docsity!
Driving forces for EC A New world Order of Business? ^ Highly competitive environment ^ consumers are the focus ^ Business environment can change quickly ^ Business environment can change unpredictably
Driving forces for EC (Cont.) Market & Economic pressures ^ strong competition ^ global economy ^ regional trade agreements ^ low labour costs in third world countries ^ frequent & significant changes in markets ^ increased power of consumers
Driving forces for EC (Cont.) Technological pressures ^ Increased innovation ^ information overload ^ rapid decline in technology costs v
s performance ratio
Economic and Global Issues in EC
The Marketspace (Cont.) ^ Facilitate Transactions^ ^ Logistics^ ^ Settlement^ ^ Trust ^ Provide Institutional Infrastructure^ ^ Legal^ ^ Regulatory
IT Increases Market Efficiencies by ^ Expediting Or Improving Market Functions ^ Lowering Buyers’ Search Cost ^ Enabling Speedy Comparisons ^ Lowering Prices ^ Reducing geographical constraints ^ Lowering barriers to entry (especially smallfirms) ^ Increasing information to parties ^ Allowing greater product differentiation
^ Reducing Agency Costs Agency CostsFirm Size (Employees)