E-commerce Essay Example | Topics and Well Written Essays - 500 words - 2

E-commerce - Essay ExampleThe emergence has been facilitated by the evolution of internet, communication infrastructures and computer systems. The maturation in internet content like text communicate and multimedia and support service such as online catalogues, security systems and payment settlement systems have besides supported the growth in e-commerce (Pankaj, 2005). Many global organizations have adopted e-commerce in order to increase their market share, develop new online subsidiaries, attain a competitive edge in the market, reduce the penetration barriers in the global market and reduce the costs of doing business. E-commerce has evolved from the transaction level business to a affinity based business that is characterized by two way communications with full integration of internet capabilities in to the business (Pankaj, 2005).E-commerce offers several benefits to business organizations, customer sand suppliers. For instance, e-commerce leave reduce the costs of crea ting, processing, distributing and storing good and services (Pankaj, 2005). Business organizations can reduce business overheads involved in selling over the supply orbit and the time spent between the outlay of capital and the time the goods and services are received. E-commerce will create a competitive edge for business organizations and enhance the business reputation through improved, new found business opportunities, increased flexibility, enhanced customer service and reduced supply chain time (Laudon & Traver, 2010).The customers will benefit from increased convenience in shopping since they can access goods and services 24 hours a day at the comfort of their location (Pankaj, 2005). Customers can easily access the recent product culture within a short period of time and access a wide variety of commodities. E-commerce had facilitated competition, which has lead to new innovative products and discounts to the customers. Customers