Global E-Commerce

Prepared by Karin Bean orbicular E- physician Final Research Paper CSI 274 The bear on of Global E-Commerce in the trade World -Benefits and Challenges Prepared for Robert Quentin November 21, 2004 TABLE OF CONTENTS Introduction         2 Benefits of Global Commerce         2-3 Examples of Global Success         3 Successful collaboration in B2B Exchanges         4 Some examples of successful B2B         4-5 Infrastructure         6 Challenges of Global E-Commerce         6-7 Cultural preferences         7 Localization         8 Legal issues         8-9 Bandwidth         9-10 Consumer protection         11 Payments         11 Taxation         11 Laws         11-12 Economical Impact         12-13 Digital sic out         13 Definitions         13 Reference         14 ii INTRODUCTION Global E-commerce has been around for 25 years. It was habituated mostly for stock job and financial transactions employ EDI and EFT Systems and was limited mostly to contact corporation due to the luxuriantly costs of data transmission. The occasion of the mesh and extranet have changed the authority global business is performed and has bring up the global market significantly. The meshwork provides a more inexpensive and flexible infrastructure and thereof en ables more companies to engage in global e-commerce. The use of the internet breaks down international borders and creates without end opportunities for companies to expand their business worldwide. alike the benefits for businesses, there are challenges as well.

Those range from language barriers to diverse currencies, tax laws, and cultural differences in business ethics, to different emulation laws. Furthermore technical challenges such as implementing effective cyberspace connections, interoperational platforms, and security systems are gruntle causing barriers for global e-commerce. BENEFITS OF world(prenominal) COMMERCE The opportunity to engage in global e-commerce provides many companies with owing(p) opportunities to expand their market. B2B opportunities enable businesses to adjunction ventures, collaborate effectively and come through costs by reengineering court and business processes. Businesses are able to join global transaction e-market spaces, and 2 exchanges in their prospective industry, If you regard to get a lavish essay, order it on our website: Ordercustompaper.com

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