Tuesday, May 5, 2020

E-Business and E-Commerce of an ICT Organization- myassignmenthelp

Question: Discuss about theE-Business and E-Commerce of an ICT Organization for Business. Answer: Swot Analysis of an ICT Service in an Organisation SWOT ANALYSIS Organisation: IT-Commerce Lane Description of Current/new ICT service: IT Commerce Lane is the E-Business and E-commerce Website based on Electronic business services. This e-commerce site is used to provide the service of the web site to engage with the administrator community. It helps in doing the business and to discuss the process of the business on the internet. It basically deals with the better source of outcome and basically in designing, coding, promotional activities, marketing etc. Our organisation generally helps in organising, operating and promoting to share and gain the knowledge and skill through website (Andam, 2014). STRENGTHS It defines the main strengths of an organisation that surpasses and separates from the services being provided by the other organisation which generally leads to maintain the uniqueness and to maintain the competition which involves brand name of an organisation and the attractive domain name, loyalty, CRM, package discount, providing offers and seasonal offers etc. Providing gifts and new schemes to new customers (Boone Kurtz, 2013). WEAKNESS It sometimes lacks in the traditional form of branding for maintain the trust regarding the gross turnover, higher level of debt, lack of capital, an inadequate services, etc. Sensory Limitation. OPPORTUNITIES It is defined to lead to the best opportunity so as to provide the services globally and to all the geographical areas to be the most favourable network factors that company deals with it to give a competitive advantage. Maintaining the loyalty with the customers may lead to good and the positive feedback so that the company can get some permanent customers. THREATS It has the main factors and the features when making of the online transaction because sometimes it may lead to threat and the involvement of the third party which may harm an organisation in cost of inputs, growing competition in the market, etc. The prices involved with the goods and the services are normal and are economic and anyone willing to afford the organisational service it and buy the IT products and softwares of an organisation and start selling to the other customers on the increasing price rate (Barnes Hunt, 2013). Summary and Recommendation: In the simple form the E-commerce and E-Business is the process of buying and selling of the good and services over the internet. It concern with the main methodology of providing the e-business services by performing on the various designing tools, coding write-ups using new technologies, promoting all the business activities etc. The E-Business is the most prominent layer of performing all the business activities locally and globally to enhance the organisation name and providing the best services to the consumers and attracting them towards the gifts being offered so as to attract them towards the business organisations. It has become the modern way of doing the business following the traditional strategies for selling of the products. It mainly aims to have the proper accessibility to do the business globally reaching to all the geographical boundaries with the flexible speed and service available 24*7. Our organisation helps to provide the availability of information of all the products and services which becomes much easier and quickest way of accessing to the information on the website (Cavusgil et al., 2014). Abstract Electronic Commerce and business is the process dealing with the business activities performed on websites via the internet. It is used for accessing all the facilities being provide by the e-commerce site for the main purpose of buying or selling of the products. It is unlike to the traditional commerce being followed by it and carried out potentially and physical with the effort of team. In todays scenario e-commerce has made it easier for easy way of accessing to the web site by simply buying and selling of the products online (Wiengarten et al.,2015). It has brought the greater impact on reducing the physical work and is used to save time. It has been adopted as the successful lead in the world of computers. But there are hindrance which is brought up regarding the security issues and for this Security is the biggest challenge being accepted to and faced today for the advancement in the field of security (Chaffey, 2015). Definition of E-commerce and E-Business in ICT Organisation It generally refers to as the type of business or the transactions made which are purely based on the commercial basically involves with the accessing of information and to transfer the flow of information on the internet. It basically covers all the business types so as to increase the demand of a website over the internet. The E-commerce or E-business is totally based on the selling and buying of the products online through the particular website. It basically involves the trading in goods and services being performed between many organisations to provide all the IT facilities to the customers. It has emerged world-wide to access the easy way of doing the business and has become an important aspect to run the business globally (Galliers Leidner, 2014). Working of E-commerce and E-business for an Organisation The working involves the current ratio which basically involves the consumer to move over organisational website so as to interact with the organisation to buy the goods and services from it. It is essential for every client to interact with the employee of a company for moving to an online transaction server where all the information is being placed is being in the encrypted form. The process is as follows firstly the consumer will order to the desired good and the he will make the request for getting the service of that good buy processing to the private networks. Once the process is reached to the final process the information is being processed to the private networks to the gateways (Turbanet al., 2015). The whole process takes few minutes to complete 1 transaction. For this there are different ways of payments systems to process the desires the need of the customers. E-commerce is known for the very safe mode for making the transactions (Gregory et al., 2017). Latest Technologies Being Used for E-business It has become the important part for every E-Business website to update to the latest technologies so as to make the fastest way of accessing over the networks. Latest technologies being implemented in the organisations bring the vast changes over the website like fast way of accessing the products; increase the experience of shopping better, fastest way of making the transaction on the internet. It makes it easy for the user to perform the better functions and for this our organisation promise to our user to have the consumer friendly environment on the website (Humphreys et al., 2014). It helps the organisation to deal with the latest technology that will lead to the great success as more transactions are being performed and more goods and services being shared with the B2B and B2C for the best trading ad increase the relationship behaviours that increase in the information and communication technologies (McElheran, 2015). Various Models of E-Commerce Business-to-Business- It can be simply defined as the business been made between two companies. This type of business deals in the relationships between the other electronic websites and among business. It is been involved with the two primary components i.e. e-markets and e-infrastructure. It maintains the scope between the various business operations to the other organisations that are being involved to increase the business activities like marketing and sales for the development of the business. This has been proved as the fastest growing internet market (Laudon Traver, 2013). Business-to-Consumer- It is also known as the commerce between the companies and to the consumers. It basically helps to involve the consumer for collecting information. It helps in receiving the products and the information goods over the e-commerce network. It helps in reduction of the transaction costs which provide the incresability on the consumers to access to information and helps the customer to compare the price of a product or services. It has become the growing demand on the feasible goods (Wymer, 2013). Business-to-Government- It generally defines the business been involved with the companies and the government sectors. It helps to have a proper use of involving the public demands regarding to the licensing procedures etc. This process increases the transparency policy regarding to the government process (Pantano, 2014). Consumer-to-Consumer- It simply involves the business between the individual or to the consumers. This type of business is been characterized as the growth in the electronic market places and the specifically in the other firms and to the businesses. This process has been proved as the greatest potential for developing in the new markets. This process has the peer to peer connection between the organisations (Popa et al., 2016). Rising of E-Business Models and Strategies for Success In todays scenario everyone is aware of accessing the internet and especially the E-commerce websites which basically intends to involve the consumer for buying of products and service from the market so as to consume the time. Now days more stores are being place on the internet for the business purpose from running a local business online to the International market giants. The people generally attracts towards this field so as to rise in the field of merchandising on the e-commerce to the coming upcoming years (Sahney, 2015). It is mostly the consumer driven because the consumer needs the more innovation towards the latest technologies being used in an organisation. Some of the Factors being involved in this for rise in the growth are: Consumer is free to access to the products and services according to their own choice. It is essential to have the full detail and the information to be provided to the customer for the easy availability. They have the facility of accessing to the mobile devices for the easy way of access and enhance convenience. This process helps to save the money being spent between the business and the customers (Soto-Acosta et al., 2016). But now days as more and more accessibility is been increased on the E-commerce Web site the security threats are taking place when the transactions are being made. For this it becomes difficult for the consumer loyalty. It is important for all the online business processes to stay true towards the branding and the services for the consumers perception on the store. It has been diversified into various forms form the past few years to divide the business transactions for the better needs (Wiengarten et al., 2015). Types of Strategies being adapted during E-Business Brick-and-click- It has the chin which is being built among all the business organisations for the online undertaking process of the stores. Purely Based Online- The business is fully and completely based on the online process with the limited corporate offices and warehouses. Marketplace- It has become the largest place for the E-commerce platform for buying and selling of the products to the customers and simultaneously ot allows the seller to sell the other products also. Bargaining- It is the most essential and the common strategy which is being placed where every consumer willing to pay the certain amount to be bargained on the selected products and services that the consumers wants to obtain. This strategy has the rising form because of the other business competitions in the market (Thorne, 2016). Answer 1. The report is been generated in the Turnitin Originality Report. Answer 2. Yes, it is self-checked. Answer 3 a.) No b.) No c.)No d.)Yes e.)No f.)Yes, I have added my own comments and the information which is relevant to the topic. Conclusion In todays scenario people are getting fond of opening a new start up and doing the E-business so as to have a good amount in their pockets. It is very essential to discover and made the analysis behind the e-commerce. It is the fundamentally proved that the e-commerce is being great to people who have the real ones business (Van Der Aalst, 2013).There is a wide range of accessibility on the internet which is being proved profitable for way of doing the e-business because this platform fulfils all the needs under one roof or at one place according to the consumer demand. It mainly aims that the Internet with all its advantages has the greater impact where the consumer can shop to all the services globally according to its desires (Veit et al., 2014). References Andam, Z. R. (2014). e-Commerce and e-Business. Barnes, S., Hunt, B. (Eds.). (2013).E-commerce and v-business. Routledge. Boone, L. E., Kurtz, D. L. (2013).Contemporary marketing. Cengage learning. Cavusgil, S. T., Knight, G., Riesenberger, J. R., Rammal, H. G., Rose, E. L. (2014).International business. Pearson Australia. Chaffey, D. (2015).Digital business and E-commerce management. Pearson Education Limited. Galliers, R. D., Leidner, D. E. 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