StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Starting a Business Online, Part 1 - Assignment Example

Cite this document
Summary
The ability of a business to realize the impacts and benefits of e-commerce to the business is central towards the evaluation of its necessity. The evaluation process requires an…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER93.5% of users find it useful
Starting a Business Online, Part 1
Read Text Preview

Extract of sample "Starting a Business Online, Part 1"

Download file to see previous pages

Designing of a mechanism of addressing the issues that relate to the regulations governing the operation of businesses is necessary. The online crimes also present a major challenge for most of the businesses. Therefore, this paper elucidates strategies and operations that help in the analysis and addressing various issues that relate to the e-commerce industry. A major strength is the expansion of the global market commanded by the store. It expands the geographic retail market for the clothes stores beyond the Jersey Shore boardwalk to areas all over the world.

Another strength is the time-saving potential of e-commerce both for the store and the customers. It reduces the physical movement through fast internet transactions. Lastly, the e-commerce provides the customers the opportunity to compare prices and potentiate their choice of a better business deal (Mahavidyalaya, & Sharma, 2014). Security is the major challenge due to the decreased trust and integrity of the e-commerce form of trade. Furthermore, there are many websites online that are fake thus reducing the authenticity of carrying out online business by the customers (Mahavidyalaya, & Sharma, 2014).

The e-commerce business will also lack the personal contact with the customers, thus causing an inability for bargaining and evaluation of customer satisfaction. The changing trends have made the customers interested in branded items through a global trade system. The number of internet users has also risen, and thus promoting the ability to reach the potential customers. The e-commerce also offers a twenty-four hour service to the customers, hence increasing the contact time with the customers.

Competition from other online businesses is a major threat to the business. Competition is global, rather than local. The laws and regulations are diverse and thus they may not support the business systems in all countries. Fraud and

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Starting a Business Online, Part 1 Assignment Example | Topics and Well Written Essays - 1000 words”, n.d.)
Starting a Business Online, Part 1 Assignment Example | Topics and Well Written Essays - 1000 words. Retrieved from https://studentshare.org/business/1663328-starting-a-business-online-part-1
(Starting a Business Online, Part 1 Assignment Example | Topics and Well Written Essays - 1000 Words)
Starting a Business Online, Part 1 Assignment Example | Topics and Well Written Essays - 1000 Words. https://studentshare.org/business/1663328-starting-a-business-online-part-1.
“Starting a Business Online, Part 1 Assignment Example | Topics and Well Written Essays - 1000 Words”, n.d. https://studentshare.org/business/1663328-starting-a-business-online-part-1.
  • Cited: 0 times

CHECK THESE SAMPLES OF Starting a Business Online, Part 1

Emotions and the Economy

starting a business {Your Name} / Number} {Date} 1.... Once the plant goes online, more manning would be required to deal with the production and maintenance aspects.... Introduction The current economic climate is less than business friendly given the large amount of market competition and the pervasive recession.... In this situation businesses that are firmly grounded with decades of business operation history are far more secure than new businesses....
4 Pages (1000 words) Research Paper

Starting a Business Online

starting a business online does not need big capital because you don't have to pay for rents and you can have fewer or lesser staff.... online business can offer more choice to customers as well as can provide more information to the buyers.... However, when running an online store, the features and benefits of each product is already provided and the customer can just browse each item.... online business is convenient to both the owner and the customer....
4 Pages (1000 words) Essay

Starting a Business Online, Part 2

To Sell or Not to Sell I will not sell my domain even if I just started my business online.... But on the part of the customer, this serves convenience, efficiency and credibility which are very necessary to win online customers.... This software is very important especially for a small online store because it serves as the frontliner of the business.... Shopping cart software makes it convenient for customers to shop in your online business because it eliminates filling out online forms for the products or services that the customers wanted to purchase in your online store....
4 Pages (1000 words) Term Paper

Starting a Business Online

starting a business online Answer 1 The conception of e-business or business online considers the transaction of products and/or services through the electronic media in which the significance of domain names is often regarded to be quite high (Stead & Gilbert, 2001).... hellip; The domain name system also identifies the role of the organization to attract online business and generate continuous traffic to its site (Bagby & Ruhnka, 2009).... In the referred case, the domain name of the organization can be identified playing a vital role to provide a professional appearance in the online business which can be more viable for the enterprise in its future conducts....
4 Pages (1000 words) Assignment

Starting a Business Online, Part 2

Electronic Commerce Name Lecturer Date My domain name becomes my copyright and patent once my local clothing line goes online.... This is because that is what my customers use to identify my online store.... It is what my business is identified with by my customers from all over the world.... The buyer may also use my domain name to market his or her business, hence there may be confusions of identity.... The domain name may also be used against my business by competitors to put down my business....
3 Pages (750 words) Assignment

Starting a business online, Part II

starting a business online part II Name Tutor Institution Subject code Domain name A domain name in the context of this new business is a primary source of identity and selling it for $1000 is ethically wrong because its sale therefore means that the business's identity has been sold out.... starting a business online part II Domain A domain in the context of this new business is a primary source of identity and selling it for $1000 is ethically wrong because its sale therefore means that the business's identity has been sold out....
3 Pages (750 words) Essay

Starting a Business Online

starting a business online Introduction Registration of domain name is the first step in starting a business online.... The entrepreneur select appropriate and attractive domain names to websites for their online business after taking into consideration several factors into account.... It should be imaginative to include online marketing tools like gift certificates and discounts apart from display of prices and special features....
7 Pages (1750 words) Research Paper

Starting a Business Online

starting a business online part 2 Name: Course: Lecture: Date: Georgia is a medium size clothing business that started almost a decade ago.... Previously our business was operating manually until we started to offer our services online.... The business operates in New Jersey Boardwalk and is managed by the two brothers.... Though we have not provided e-business services for long, our merchandise offer the internet is very familiar and especially to our....
5 Pages (1250 words) Term Paper
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us