Definitions of E commernce

8/6/2019 Definitions of E commernce

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ST. LAWRENCE UNIVERSITY

FACULTY OF BUSINESS AND MANAGEMENT STUDIES

YEAR OF STUDY: 3

COURSE UNIT: E-COMMERCE AND E-BUSINESS

COURSEWORK NO. 1

GROUP WORK:

NAME REG. NO.

1. WALUDE JOHN BACO/08/D/110

2. KIMANZI LENNOX BABA/09/DK/J0269

3. JOHN GUOLIC GUOL BAIB/08/D/002

4. BIOR ATEM KUIR BABA/08/D/120

5. NZOBA CHIMENE BAIB/08/D/105

6. AJAK ABRAHAM BABA/08/D/150

7. WAWERU FRANCIS BAIB/08/D/108

8. KARIBWAMI ELOIDIE/ BAIB/08/DB/J0155

9. KIBOCHA NAOMI BAIB/09/D/101

10. NTIROROANYA JACQUES DARIUS BABA/08/DB/A1180

Sept.-dec, 2010



Definitions of E-Business

E-Business is the uses of electronic communication and digital information

processing technology in business transaction to credit, transform ad redefine

relationship between organizations and clients.

Factors enabling e-business

Demographics factors

A country demography are likely to act as enablers or inhibitors for e-business

development, as they related to market size ad centralization, consumer needs and

ease of access to technology.

• Economic and financial factors

• The availability of financial resources such as venture central to support on-

line business and start-up is another factor that enables e-business.

• The availability of on-line payment methods such us credit cards are used

sparingly.

• The availability of investment capital which promote the expansion of the ICT

sector and e-business.

Technology factors

The telecommunication infrastructure

The nature of the available telecommunications sources especially the availability of high bandwidths for rapid information transmission for example, telephone

exchange which is a system of electronic components that connects telephone calls,

pairs enabling digital sources such as ISON or DSL.

Cost of telecommunications:- relates sources which is part are related to the

management and regulatory regimes of the telecommunications system and parts

though the choice pf technologies uses in the delivery of those services.

• Availability of computers equipped with a modem and appropriate software’s

in the national economy and the trained capacity to use them. Examples,

Services oriented artechiture with capitals (SOA) which is the reliable set of design

principles used during the phases systems development and integration in

computing.

Political factors



• Availability of policy researches the public, private ad academic sectors and

the existence of business culture and the spirit of entrepreneurship within the

national economy.

Examples,

E-government refers to use of information and communication technology to

provide s and improves government services, transaction with citizens, businesses

and other arms of government.

Policy and structural factors

The legal ad policy environment establish by government to facilitate business in

general and e-business in particular both of which have direct effect on trust

accorded to electronic transactions. In African context, availability of government,

financial resources often increase implementation of policy and thus have

encouraged e-business.

Tax and tariffs policies that encourage or support economic activity rather than act

as barriers to growth.









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Definitions of E commernce