1 Assess the business functions of Easyshopping.com
2 Evaluate business aims of Easyshopping.com and show how they relate to stakeholders.
3 Analyze the impact, including the risks, of introducing e-Commerce system in Bangladesh.
4 Discuss the global impact of easyshopping.com
Task 1.1 Assess the business functions of Easyshopping.com
Answer: Easyshopping.com is a business organization just like any other businesses; however the difference is that they trade with their customers using the internet as a medium of communication. A business functions are a set of activities divided into different segments or departments which must co-ordinate with each other in order for the business to function properly and generate revenues. Just like every businesses, Easyshopping.com should also ensure that their functions are working together in order for the business to survive in the market. Their business functions are quite similar to any businesses but the difference is that they are highly specialized in using Information Technology such as computers and the Internet in order to reach their customers. Therefore Internet plays the role of market in such trades. Both the business and their customers reach each other through the internet.
In order for the business to generate revenues the functions of Easyshopping.com should work effectively; such functions involve Marketing, Human Resources, Finance, Customer-Care, and most importantly the functions of their IT department.
The marketing is also done over the Internet, they use protocols such as e-mail, Facebook, and advertisement to other popular websites in order to reach their potential customers and promote themselves. When a business attracts more people with their goods...
... middle of paper ...
...th their cultures. For example “Ekushey Boi Mela” is a Bangladeshi festival which is organized as a tribute to the Martyrs of 1952. Bangladeshis who are living abroad can also check all the latest books that are released every year and can get their copy without coming to Bangladesh.
Traditional outfits such as “Lungis” and “Sarees” are also a good attraction for foreign people, therefore Easyshopping.com allows those foreigners to purchase such items from their home without travelling to Bangladesh.
As a conclusion, globalization is a major factor for the development of human civilization and businesses to flourish. Therefore Easyshopping.com also works as a catalogue of Bangladeshi products for the foreign investors, they can learn many facts about the products which are being produced here and can make their decisions about investing money in this country.
The ecommerce industry is growing faster than ever. TJ Maxx needs to start focusing more on ecommerce not only to keep up with competition, but also to make sure they do well during weak economic periods. ecommerce, overall, tends to do very well during lackluster economic times. TJ Maxx will be able to cut costs more easily the more they expand their ecommerce business. Our business idea will allow them to expand their ecommerce as we will take over their website and delivery. TJX Companies’ three ecommerce sites accounts for only about 1.0% of the company’s total sales. However, the online channel is a key growth driver and TJX is taking initiatives to improve its online business. The ecommerce sales
Internet advertising is at an all time high, and consumers are attracted to products that they can get more information on over the Internet. Also, "buzz" promotion can be created efficiently via Internet.
Viewing it through the lens of economic progress, the garment industry notably contributes to Bangladesh’s GDP. It has become the largest foreign exchange earning branch mostly exporting clothing to the United States of America and Europe. Starting from the late seventies, Bangladesh’s garment
Institute for Global Labour and Human Rights (2013) Gap and old navy in bangladesh: cheating the
I read ‘I almost died making your clothes!’ in Scope magazine about sweatshops in Bangladesh and the bad conditions and wages the workers get. It was tragic because most of the workers were working in American clothing companies. It was horrible because then that meant someone had made my clothes in those conditions. I was sad to hear that it still happens around the world and so I writing to you about it. I want to make sure that some of my favorite brands aren’t doing that.
Bangladesh is being exploited for cheap labor by many big brand companies. Due to the unsafety of these factories many deaths have occurred. A factory collapsed in Bangladesh killing over 1000 people and the big brand companies are being forced to be held accountable for these incidents. This is known as the deadliest disaster that ever occurred in the clothing industry. Accidents like these happen often in Bangladesh. The safety standards in this country are usually never imposed.
The FBA will work hard to make your business profitable. We aim to make your business grow irrespective of whether you sell and ship a handful of items annually or thousands of orders a year.
The financial ramifications for the accidental cultural oversight may cost the company severely. In order to bounce back and win their loyal customers back, Footwear Bangladesh needs to strike back quickly and effectively. In addition, they will need to continue to promote their good name so as to not fall under any further scrutiny. This will involve planning and awareness of what is important to retaining their client base, including cultural sensitivities.
The most important features for business would be Confidentiality, Access Control, Integrity and Availability. The few selected, were chosen given that the nature of the business is an online magazine additionally they were chosen because a good designer should be able to derived the others. It also stated that the user will be required to choose a username and password so access control was mandatory.
The business model and marketing strategy is the backbone of Zappos business growth and development. By adopting customer oriented business model and marketing strategy the company gains popularity and favor in the eyes of our consumers. The company is famous for creating stylish and unique design of shoes that attract a younger generation of people that helps generate profitability because the younger generation purchasing power tends to be high (Hsieh,
To setup Bangladesh Criteria of high quality and size and put together and promote the typical adoption of standards in national in addition to international basis pertaining to materials, items, structures, routines and operations and, every so often, to distance themself, revise, alter in addition to amend the identical.
The most troubled sector of recent times is Readymade Garments (RMG) sector of Bangladesh which is the backbone of our economy. This labor intensive industry has accommodated 4.5 million workers 80% of whom are women in the last fiscal year1. So there are about 5,000 garments factories scattered across the country. 78% of our foreign earnings come from this sector2. This sector keeps our economy moving but the industry has been facing numerous problems. Poor working conditions, bad industrial relations, low wage, arrogant and ruthless attitude of owners or management and lack of solid and positive initiative on behalf of successive governments has made this sector questionable to world market. It has lost GSP (Generalized System of Preference) advantage in the U.S market which has created image crisis for the industry. This is fear of loosing GSP advantage in the EU market as well. To save the employment generation and one of the largest foreign currency earning sectors, BGMEA, BKMEA and Government should adopt an integrated approach on the one hand and boost up image of this industry on the other.
The internet is changing marketing not to mention the world. "The number of internet users worldwide is expected to reach almost 1.4 billion by 2007" according to Armstrong & Kotler (2007) p. 26. The internet is also changing the ways that companies are conducting their marketing.
Internet marketing is a reliable tool and affordable. It is easy to introduce a product and brand through internet. It is easy for marketers to work on internet marketing. They can show a better thing to consumers in less time and cost. (Jamie Swartz)