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What impact do online business have on e-business
Importance of e commerce in the modern era
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For this research paper I have decided to take a look into the idea of the fear of security risks in online shopping for consumers and businesses. As a consumer myself, and a young woman, I often find myself wanting to purchase things online, as many people do. Purchasing online is quicker, cheaper, and more convenient, as you can do it from anywhere. I have recently built up enough courage to purchase something online with my credit card for the first time and it got me to thinking about how many other people must be a little hesitant to do this as there is a possibility of something going wrong while doing so. As it turns out, my fears were unnecessary this time as I got my shipment with no problems. However, I do feel that a lot of people probably run into troubles while shopping online, and many people could be afraid of having personal or financial information leaked out while doing so.
I also feel that online purchases are a big part of many of today’s businesses, and I would assume they must lose customers or potential customers due to the risks or fears associated with online shopping. Throughout this course we have discussed many aspects of technology and the topic of e-commerce, referring to the buying or selling of goods online, has been a part of that. (Baltzan, 2012) In class we have also talked about the digital divide, and how businesses have advantages over other businesses when they have access to technologies. (Baltzan, 2012) I had mentioned in class once that a simple advantage to having access to technology is that you can bring in more potential customers with the use of online shopping. I think this is so because of the reasons I stated above: it is quicker, cheaper, convenient, etc. I still do believe this...
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...ese types of unexpected issues and have managers who are able to prevent these things from happening or at least be able to solve the issue if it is to arise. (Straub, 1998, pp. 441-469)
Throughout the large amounts of research done surrounding this topic, it is shown that there are many potential risks for both the consumer and the supplier in any online transaction, as well as potential risks for any business using technology or online interactions. Although these risks do exist, e-commerce and doing business online are still a growing trend due to all of the advantages associated with it, such as convenience, less time consuming, etc. (Lim, 2003, pp. 216-228) The trend is expected to continue growing and it is very important for us as consumers and business-doers to be aware of the issue and take what precautions we can to keep ourselves and our information safe.
Here I go again preparing to go to the store Stater Bros and checking my shopping list to see what to buy. As I walk through the store to my left, I can see the organic food and wind up at Services Deli while when going to my right. Buying prepared food saves me time cooking at home and the store has exclusive recipes for everyone. “Human begins walk the way they drive, which is to say that Americans tend to keep to the right when they stroll down shopping mall concourses or city sidewalks,” according to Malcolm Gladwell in his article “The Science of Shopping” (1). He explains how consumers’ shopping behaviors are affected by walking from scanning from left to the right and how it is easier for shoppers to do. Charles Duhigg, writer of The Power of Habit, says that “Realization came from a growing awareness of how powerfully habits influence almost every shopping decision. A series of experiments convinced marketers that if they managed to understand a particular shopper’s habits, they could get
The digital era arrives. Blue Book information editorial board and Social Science Literature Publishing House (2010) pointed out that “China's e-commerce transaction volume reached 3.85 trillion yuan in 2009”. Utilisation of e-business services was also high amongst Hong Kong people. About 98.3% of all persons had used e-business services such as Octopus Card and Automatic Teller Machine (Census and Statistics Department, 2009). One of the pitfalls for the development of e-business, however, is the concerns on consumer privacy. According to Green’s (1999) survey, 54% of respondents had decided not to purchase a product because of a concern on overuse of personal information collected in the e-business transaction. This essay examines the circumstance on protection of consumer privacy in e-business. As e-business is surging by astronomical number and consumer information is a kind of property, the protection of consumer privacy in e-business becomes significant. This essay begins with the causes of the problem, and then move on to analyse the effects. Lastly, the essay concludes with the solutions to the problem.
The ability to conduct warfare through technological methods has increased information security awareness and the need to protect an entities infrastructure. Subsequently, cyber warfare produces increased risk to security practitioners that employ technology and other methods to mitigate risks to information and the various systems that hold or transmit data. A significant risk to information lies in the conduct of electronic commerce, hereinafter called e-commerce. E-commerce is the purchasing or selling of goods and/or services through the internet or other electronic means (Liu, Chen, Huang, & Yang, 2013). In this article, the researcher will discuss cyber warfare risks, present an evaluation on established security measures, identify potential victims of identity theft, and present an examina...
The early adopters were always comfortable buying PCs online, she notes, but the general public has taken a while to catch up. "What we know about how consumers buy online is that they start with low-ticket, low-risk goods like books, and they eventually begin to trust the Internet more and graduate to higher end products like PCs and travel."
Among those, the perceived relative advantage of Internet utilization was found to be the most important contributing attribute, especially in firms that are in growth phase. The new channel that the Internet has created was able to bring buyers and sellers closer together, thereby, making interaction much easier and convenient. Not only does this nurture customer channels but also strengthens relationship to better suppliers and more suitable partners for the business (Lee & Cheung,
Advances in technology, particularly in regards to social media and online shopping, have ‘dramatically changed the way we collect and use personal information.’ Personal information can be transferred globally and more rapidly now than ever before. ‘This has influenced the way we think about privacy and the protection of personal information.’ (Australian Government, Office of the Australian Information Commissioner) Despite the advantages of online shopping, such as the large availability and convenience it brings, it also presents consumers with a number of risks, which are not apparent in the traditional retail environment.
In this report author has presented various levels of end to end security on B2C web site. Number of security threats has been informed along with recommended technical controls that can be put in place in order to provide counter measures against web security threats to B2C web sites. Further, customer side measures have also been informed, that can be easily monitored and setup by the customer in order to protect themselves while using B2C web site. Finally, author wants to add that security issues do occur and they clearly a threat but by performing security threat analysis and but educating customer regularly about changes on website and additional protection features, trust in shopping on B2C web site can be maintained that eventually generates revenues.
In this essay I will be explaining how advertisers find different ways to connect to the consumers and will show examples of how these advertisements influence the consumer in buying that product. Before this I need to understand the consumer behavior and on the following I need to understand Maslow’s Hierarchy of Needs.
In conclusion, e-commerce makes our life much more easier, because it saves time, we can get our goods with in a short period of time, other than that it connects to businesses around the world, we can buy goods that we can’t get from the local market. The last thing we also can get goods that are not available in the shopping mall and with the cheaper price. As I know, using e-commerce to shop online is the right choice for because it is so convenient.
However, since shopping online has also become the latest trend of purchasing products, online shoppers nowadays tend not to be as skeptical as they were before when it comes to giving out their personal and credit card information. Well, definitely not today as online shopping is considered to be one of the safest and the most convenient ways to purchase products. Personally, I always see to it that I keep myself updated and informed with the latest products and new technology online that are on sale – with a very few clicks. With this, I have learned that the best and fastest way to owning good products and best buys is through online shopping.
Shopping is something that has to be done whether you enjoy it or not to get essentials needed. We all go places where merchandize is being sold for a specific reason. Whether you go to the mall, shopping centers, or your local grocery store, you 'll always encounter many types of shoppers. Shopping isn’t always as fun as it sounds to everyone, but it is something we often do. This is the only way we get products we need, by personally buying them. You have three main shoppers including impulse buyers, list makers, and bargain hunters.
Online and in-store shopping differentiates in various ways. However, they both are convenient ways to shop. Recently, online shopping has been most convenient for me, but I enjoy both ways of shopping. I believe that shopping preferences change depending on a person’s situation. I noticed that many people are starting to prefer online shopping more than in-store shopping.
Everyone likes shopping, but everyone has their own way of spending when they go shopping. I love shopping, but I hate being at the mall, if I don’t need to be there then I won’t be there. I’ve noticed that when I have money, I do not buy anything, and when I do not have money I want everything I see. From my experience I’ve observed that there are people who shop smart, people who are just plain addicted to shopping, people who join another person while shopping, basically called window watchers.
Electronic Commerce as popularly as E-commerce has become a big deal in our growing economy due to the increase use of online systems. E-commerce now of the fastest growing business in the world. The technology has change the way of business. Business that have physical location have now made it an effort to focus their online business. It is the new sort of business platform where you can make use of different technologies like electronic data interchange or transfer document electronically. Online business is an effective of sales.
Going to the mall is like being at a zoo. Herds of inconsiderate teenagers crowd the walkways, girls fight over the best pair of shoes, and the merchandise is thrown all over the place. Imagine being able to have a stress free day of shopping without annoying kids running around and the ease of looking at perfect displays that have not been touched by the grimy hands of children. If you could eliminate the younger population from the mall, shopping would be much easier for everyone. Parents can enjoy their day out, girls-day won’t be interrupted by kids running a muck in the store, the employees jobs will be easier by not having to fix the displays that were messed up by children, and the amount of merchandise stolen will decrease if the younger population sticks to online shopping! Shopping