Wednesday, May 6, 2020
International Barriers to E-commerce Essay - 734 Words
International Barriers to E-commerce Aravind Alluri Abstract In the recent years, the internet has been known for an impressive evolution, having a major impact on all aspects of life esp., e-commerce (EC). This paper mainly explains the EC and also identifies the various international barriers to e-commerce and they can be evaluated for EC success. Introduction E-commerce is a combination of three different areas of study, namely technology, business and law/policy. EC is a kind of electronic medium for trading in goods and services. It is considered as exchanges between individuals/organizations channeled through technology, supported by electronic means. Worldwide business growth of the Internet and theâ⬠¦show more contentâ⬠¦b. Integration of Legacy Systems: The actual issue is to integrate EDI transactions into legacy mainframe systems. Even though some have the updated high end systems, they donââ¬â¢t give much flexibility to integrate. This might not be a severe issue in some countries which have upgraded systems and give some flexibility. c. Language: Support for national languages in IT industry is necessary for true GEC. There should be language specific standards especially in EDI to resolve this issue. Every firm has to look for internationalizing their EC website i.e. language specific basing on the language in that country. d. Security: Unsecured transmission on the internet is quoted as the main deterrent for rapid growth of GEC. Although the security has been improved in recent years but still itââ¬â¢s a risk for commercial transactions. Globally many think that Internet is widely insecure esp. financial payment transactions. Security technologies such as pretty good privacy (PGP) are instantly available to use as a plugin to a web browser for enabling the secure environment for commercial transactions. The reinforcement of a secure internet payment method is crucial for the development of GEC. 2. Cultural Barriers In some countries esp. India, trade/business will be done face to face. They prefer to shop their needs by personally going to the local merchants rather than shopping online. Attracting theShow MoreRelatedElectronic Commerce Essay1144 Words à |à 5 Pagesï » ¿Analyze the role of EC in the modern business and social environments. Identify three international barriers to EC and evaluate their roles in the success of EC. This assignment tests your analytical and critical thinking skills and your ability to synthesize concepts around topics. The paper should be in APA format, 2-3 pages (not including reference page), with at least two references. With the introduction of internet, Ecommerce has taken its supreme position in Todayââ¬â¢s industry. EcommerceRead MoreMarketing Analysis : International Supply Chain Operations1146 Words à |à 5 Pageslogistically more challenging. 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