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 outgrowth in internet content like text messaging and mul mdia and support services such as online catalogues, security systems and payment settlement systems receive also supported the growth in e-commerce (Pankaj, 2005). Many global organizations have adopted e-commerce in order to increase their market share, create new online subsidiaries, constitute a competitive edge in the market, reduce the entry barriers in the global market and reduce the costs of doing line of descent. E-commerce has evolved from the transaction level business to a relationship 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, client sand suppliers. For instance, e-commerce will reduce the costs of creati ng, processing, distributing and storing good and services (Pankaj, 2005). Business organizations can reduce business overheads involved in selling over the run chain 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 military position (Pankaj, 2005). Customers can easily access the recent product information within a short period of time and access a wide anatomy of commodities. E-commerce had facilitated competition, which has led to new innovative products and discounts to the customers. Customers