New Technology And Small Business Enterprise

Assignment 1 Research Contribution New applied science and minor business sector Enterprise E-commerce What are the advantages of E-Commerce for Small Business? Introduction Our world has exchanged drastically in recent years; we are living in the age of globalisation and abstain economic growth. Internet calling (e-commerce) has make an important fate of our busy lifestyle and major part of e actually telephone circuit sector in the world. As our lives fall in change the internet has changed the way we shop and do business it has become a preferred way of communication, shop and a alternative for consumer browsing, price comparison and a developing medium for proceeds purchases (Grant 2004). E-commerce, Technology and Small Business E-commerce is conducting business done electronic means and it includes the use of few different technologies to notify and work with customers, suppliers or to research the market about product, services, competitors a nd business opportunities. The technologies employ for e-commerce include the Internet, electronic mail, EFTPOS, telephone and fax machines. E-commerce is comparatively cheaper than traditionalistic way of doing business and offers its users the opportunity for global market pull in (Study Guide MAN15 ver. 12, 2011).

Small Businesses are different from Brobdingnagian ones in so many ways. They are most of the term in private owned and operated with a small number of employees and relatively low-spirited volume of sales. Most of the time small businesses have express mail funds to invest and they dont protrude a chance in competition with big corporations in traditional way of do ing business as it may be very expensive due! to high advertisement be and too it is time consuming with limited trading orbital perdition (Grant 2004). As technology plays a major role in the success and survival of every business large or small, it is very important for smaller businesses to be up to counter with ongoing changes in technology and follow it latest trends as it will speed up...If you want to get a blanket(a) essay, put it on our website: OrderEssay.net

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