Here is the synopsis of our sample research paper on The Reasons for Some Firms’ “Plunge” into E-Commerce
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Essay / Research Paper Abstract
This is a 5 page paper discussing the reasons why firms plunge into e-commerce without consideration for the return in their investment. From some perspectives, it would seem that many firms “plunge” into e-commerce without assessing the return on their investment. This “plunge” however has become a necessary process for all businesses due to the current expanding presence of e-commerce and its expected presence in the future. Electronic business has become an expectation from customers and businesses and those companies which choose to not “plunge” into e-commerce may be left behind their competitors. In addition, before looking at any return on investments, some initial benefits to e-commerce are obvious at the onset such as reduction of some traditional costs like publishing and distribution to a customer base among others.
Bibliography lists 3 sources.
Page Count:
5 pages (~225 words per page)
File: D0_TJecomm1.rtf
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Unformatted sample text from the term paper:
all businesses due to the current expanding presence of e-commerce and its expected presence in the future. Electronic business has become an expectation from customers and businesses and those companies
which choose to not "plunge" into e-commerce may be left behind their competitors. In addition, before looking at any return on investments, some initial benefits to e-commerce are obvious at
the onset such as reduction of some traditional costs like publishing and distribution to a customer base among others. E-commerce can be considered
very cost efficient for business which rely on taking orders from a large customer base. Without even reviewing the end results of the cost of implementing e-commerce into an order
system, the difference in customer-entered orders through e-commerce and orders taken through the mail or over the telephone can be visualized right away by firms. The number of internal sales
persons needed to be available to provide a twenty-four hour service to customers could be a considerable cost compared to the cost of customers being able to enter their own
orders in online order forms electronically. This simple step lowers personnel costs and also relates to fewer data entry mistakes. In addition, orders which are entered electronically can also be
processed electronically and sent directly to suppliers of the products, thus eliminating one more time costly step (Business, 2003). There are also several expectations in regards to e-commerce in todays
businesses. Once the process of electronic processing has begun and suppliers have converted their systems to accommodate businesses which work through e-commerce; for simplicity, they would expect all of their
business partners to also use electronic forms or orders. Businesses which have switched over to e-commerce may find it more beneficial to only deal with partners and funding institutions which
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