E-Business

INTRODUCTION In the emerging global economy, e-commerce and e-business have increasingly capture a infallible component of business scheme and a strong catalyst for stintingdevelopment. The integration of information and communications engine room (ICT) in business has revolutionized relationships within organizations and those between and among organizations and individuals. Specifically, the use of ICT in business has enhanced productivity, encouraged greater customer participation, and enabled bulk customization, besides reducing costs. With developments in the Internet and Web-based technologies, distinctions between conventional markets and the global electronic marketplace-such as business capital size, among others-are step by step being narrowed down. The name of the game is strategic positioning, the qualification of a company to determine emerging opportunities and utilize the necessary human capital skills (such as intellectual resources) to make the intimately of these opportunities through an e-business strategy that is simple, workable and practicable within the consideration of a global information milieu and new economic environment.

With its effect of leveling the playing field, e-commerce coupled with the appropriate strategy and policy approach enables small and medium scale enterprises to vie with large and capital-rich businesses. On another plane, developing countries are inclined increased get to to the global marketplace, where they compete with and complement the more certain economies. Most, if not all, developing countries are already participating in e-commerce, either as sellers or buyers. However, to facilitate e-commerce growth in these countries, the relatively underdeveloped information infrastructure must be improved. Among the areas for policy intervention are: 1. High Internet access costs, including connection service fees, communication fees, and hosting charges for websites with sufficient bandwidth; 2.. Limited availability of credit... If you lack to get a full essay, order it on our website: Orderessay

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