E-Business Perspectives Descriptive Essay by flcircle

E-Business Perspectives
An overview of services available on the Internet.
# 129200 | 894 words | 5 sources | MLA | 2010 | US
Published on Sep 15, 2010 in Computer and Technology (Internet) , Business (General)

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This paper discusses the impact that online shopping has had in recent years. It describes how companies can use it to their advantage once they have established the right media mix and although the internet industry is still working out many challenges, online shopping, banking, networking, and entertainment services are here to stay.

From the Paper:

''Since the invention of online shopping in 1979 by Michael Aldrich (University of Brighton), it has opened many new shopping advantages and disadvantages, but that has not slowed down the progress that it has experiences during the last 40 years. Schofeld projected online sales for 2010 to be $172.9 billion and $248.7 billion by 2014(2009). Schofeld says that online business is viable to the economy. Challenges such as online payments, customer satisfaction, supply chain management, and the advertisement of products and services have obviously not stood in the way of online shopping.
''The $172.9 billion online payments do not outline the challenges that previous years endured from customers who felt that it was not safe or secure to purchase online. Two of the major challenges were the basic use of the computer and the merchant's ability to deliver the purchased good or service (Angriawan and Thakur, 77).''

Sample of Sources Used:

  • Angriawan, Arifin and Ramendra Thakur. "A Parsimonious Model of the Antecedents and Consequence of Online Trust: An uncertainty Perspective." Journal of Internet Commerce, 2008.
  • Lim, Yet-Mee, Ching-Seng Yap, and Teck-Chai Lau. "Response to Internet Advertising Among Malaysian Young Consumers." Cross-Cultural Communication, 6,93-99, 2010.
  • Schonfeld, Erick. "Forrester Forecast: Online Retail Sales Will Grow to $250 Billion By 2014." TechCrunch, March 8, 2010. http://techcrunch.com/2010/03/08/forrester-forecast-online-retail-sales-will-grow-to-250-billion-by-2014/.
  • Teo, Thompson S. H. "To Buy or Not to Buy Online: Adopters and Non-adopters of Online Shopping in Singapore." Behaviour & Information Technology, 25, 497-509, 2006.
  • University of Brighton. Michael Aldrich Biography. http://www.brighton.ac.uk/, 2010.

Cite this Descriptive Essay:

APA Format

E-Business Perspectives (2010, September 15) Retrieved September 26, 2023, from https://www.academon.com/descriptive-essay/e-business-perspectives-129200/

MLA Format

"E-Business Perspectives" 15 September 2010. Web. 26 September. 2023. <https://www.academon.com/descriptive-essay/e-business-perspectives-129200/>