Research Topic - Complications And Problems Of Global E-Commerce
Research Topic - Complications And Problems Of Global E-Commerce
Introduction
The electronic commerce or commonly known as the e-commerce is kind of market place where the buying and selling of the products and services are among the buyers and sellers are take place over the internet by the use of modern information technologies. The increase in globalization has provided the opportunity to the business to carry out their business activities in other target markets all around the world. It has provided an innovative way to the business companies to make trade with different potential companies and customers that exist in other countries. The trade activities that are conducted through the e-commerce are occurred between both the B2B and B2C groups.
With the increase in modern information technologies and tools, the e-commerce aspect is also increasing to the greater extent and the businesses are also flourishing faster. The e-commerce has provided many benefits to the business companies and to the industries. The e-commerce has made the supply chain systems more effective as well as it has improved the post sales supports. The e-commerce has made more enhanced the electronic distribution. One of the important benefits of the e-commerce is that it has made more effective teamwork systems through the use of faster and more efficient and effective internal communication systems. It is estimated that in near future, the increasing use of e-commerce will change the way of conducting the trade as well as it will also be accountable to the transformation in manufacturing and distribution systems, product design, and the level of relationships between the buyers and the sellers.
Along with the number of benefits, the e-commerce has also provided the companies and businesses with various complications and problems. These problems within the domain of e-commerce are providing various critical challenges to the companies that operate their businesses through the use of e-commerce. The following section aims at discussing in detail the complications and problems that are posed by the rapidly growing e-commerce upon the business companies.
Discussion
There are the number of problems and challenges that are being faced by the companies that operate their business online through e-commerce. Most of the companies have suffered great financial and reputation losses because of the unsecured e-commerce business channel. There have been not proper rules and regulations developed to specifically protect the business companies from the issues of the e-commerce environment. The international law governing bodies and institutions are still busy in analyzing the sever effects of the global e-commerce upon the companies so as to formulate better and enhanced rules and regulations to protect the companies from complications and problems that are occurred to them due to global e-commerce systems.
The most common global e-commerce complications that are being occurring to the business companies because of the inefficient e-commerce system involve the following.
The issues in the supply chain
The issues of the distribution channels
The shipping issues
The issues of cost efficiency is delivering the goods and services to the customers