The Challenges in Managing Technology Essay

3049 Words 13 Pages
THE CHALLENGES
IN
MANAGING Technology

CONTENTS
Introduction …………………………………………………………………………….2

Section I     The Challenges in Technology ……………………………..2
               Types of e-commerce…………………………………………...3
Designing the Web Page………………………………………..4
Keep it Simple…………………………………………………..5
Choose your Product……………………………………………6
Improve Security and Trust……………………………….…….6
Creating Customer Confidence…………………………………7
How the Competition is doing………………………………….8

Section II     E-Commerce and Organizational Management…………………...……9

Section III      E-Commerce and Management of Information
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The 1999 Christmas holiday season is known to be a major event in the e-commerce revolution. Online shopping approached 1 percent of holiday retail sales within the US for the first time. It has been projected that the number of US households accessing the Internet will increase from 28 millions to 43 million individuals by the year 2003. And the number of individuals accessing the Internet worldwide will increase from 81 million to 140 million during the same time period. And In the new millennium male users are no longer significantly predominated and people of age 40 and older had major presence. E-commerce applications are not limited to sales and support activities, but also include web sites for information. For example in year 2000-holiday period 45 percent used the Internet for gift ideas, 32 percent used the web to compare prices, while only 24 percent actually bought gifts online (Martin, Brown, DeHayes, Hoffer and Perkins 2002).

Types of e-commerce
One can distinguish the two types of commerce, where traditional or physical commerce is a transaction that takes place via contact between humans in a physical outlet such as a store. On the other hand the e-commerce is a digital transaction usually takes place over the Internet. According to the relationship between buyers and sellers, e-commerce can be categorized into four types as described

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