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How do businesses use value chain and swot analysis to identify e-commerce opportunities?

Businesses use value chain analysis to identify e-commerce opportunities by examining their activities to determine where they can enhance efficiency and create value through online channels. This involves assessing each step, from inbound logistics to customer service, to pinpoint areas for digital transformation. SWOT analysis complements this by evaluating internal strengths and weaknesses alongside external opportunities and threats in the e-commerce landscape. Together, these tools help businesses strategize on leveraging their capabilities and market conditions to capitalize on e-commerce growth.


What does VAN stands for in in e commerce?

Value Added Network


What is e in e-commerce?

The "E" in "e-commerce" stands for "electronic", thus phrasing e-commerce as "Electronic Commerce". E-commerce is a transaction from one organisation or individual to another external party, in which value is added. It is referring to the new digital channel that has emerged from the technology Internet, in which it is now possible for customers to purchase products on-line in return for their currency.


The major impact of e commerce upon strategic planning has been?

The major impact of e-commerce on strategic planning has been the necessity for businesses to adapt to a rapidly changing digital landscape. Companies must now prioritize online presence, customer experience, and data analytics to remain competitive. Additionally, e-commerce has shifted focus towards global markets, requiring strategies that encompass logistics, supply chain management, and digital marketing. Overall, organizations must integrate technology-driven approaches into their strategic frameworks to effectively meet consumer demands and navigate market challenges.


How much dollar value in transactions is conducted via e-commerce?

$700B in 2001...now???


Impact of INFORMATION TECHNOLOGY revolution in India?

An increase in favorable economic conditions such as IT employment and e-commerce capabilities.


What are the qualifications of e-commerce?

the technical definition is any exchange of goods or services for value over the internet.


How is e-commerce similar to non-electronic commerce?

E-commerce is the same as non-electric commerce, except that e-commerce is conducted online. They both involve selling and providing services for the consumers.


Can traditional commerce be replaced by E-commerce?

While e-commerce offers significant advantages such as convenience, broader reach, and lower operational costs, it is unlikely to completely replace traditional commerce. Many consumers still value the tactile experience of shopping in physical stores, particularly for certain products. Additionally, traditional commerce plays a vital role in local economies and community engagement. Instead, a hybrid model combining both e-commerce and traditional commerce is likely to persist, catering to diverse consumer preferences.


What is the full form of e-commerce?

The full form of e-commerce is "Electronic Commerce." E-commerce refers to the buying and selling of goods or services over the internet. This can include online retail stores, digital marketplaces, and B2B or B2C transactions.


What is social economic impact of e-commerce?

I think the impact is changing people's shopping way, which let people choose to stay at home and reduce their communication.


What are the kinds of e commerce?

Business to consumerBusiness to businessConsumer to consumerMobile e-commereceSocial e-commereceLocal e-commerce