Paper Details  
 
   

Has Bibliography
10 Pages
2402 Words

 
   
   
    Filter Topics  
 
     
   
 

ECommerce

use of a third party service company to provide the missing pieces to complete the total functionality of the business. This is a cost-effective way to allow a site to get up and running much faster and concentrate on the product or service rather than getting overwhelmed with the technical challenges (DeCourey, 1999). Finally, a possible disadvantage to E-commerce is not having a strong organizational commitment. A functional web site that is going to be successful will soon need additional resources in technology and skills. E-commerce is evolving at a very rapid rate and the business owner must be willing to evolve with it. Newer and more advanced technology will cost more, but should be supplemented by additional revenues. Also, the company must be willing to change the entire business or start a new one when they can see the need for change. “Yahoo started as a commercial operation in 1995, with a simple, if enormous, list of Web sites to help people navigate the Web. But like the Web itself, Yahoo is changing fast. The once amazing ability to search the entire World Wide Web became outdated in a Net instant, so Yahoo, at the tender age of two years, began reinventing itself as a place to trade stocks, make travel reservations, and conduct commerce.”(Hof, 1998) Rest assured the future of E-commerce is intact and ever changing. “Like electricity, antibiotics, or the car, the Internet is a revolutionary technology.”(France, 1999) It is quite evident that E-commerce is only gaining speed. As one article stated, “The growth of E-commerce won’t diminish, it will become such a pervasive influence on how a company works that all functions within an organization will have a stake in their E-commerce strategy.”(Wareham, 2000) With Internet traffic doubling every 100 days the digital economy is alive and growing. The huge growth of virtual communities is causing shifts in economic power f...

< Prev Page 7 of 10 Next >

    More on ECommerce...

    Loading...
 
Copyright © 1999 - 2025 CollegeTermPapers.com. All Rights Reserved. DMCA