What are the major limitations on the growth of e-commerce

Assignment Help Business Management
Reference no: EM13928862

The question that was asked was: What are the major limitations on the growth of e-commerce? Which is potentially the toughest to overcome? Her, the student Carla's response or answer (post) to that question is below.

There are many benefits to the world of e-commerce where consumers and business owners are able to handle daily transactions within a matter of minutes to seconds on line. However, there are a number of limitations to such interactions from the on line business to the consumer. First is the face to face interaction that the consumer would be lacking (www.halwits.com). This transaction would require some form of trust on part of the consumer to the on line business. The next limitation would be the security of the transaction or sale. Consumers are all to aware of the security breaches going on with the brick and mortar businesses such as Home Depot and Target as of late. With this in mind, consumers are a little uncomfortable with their sensitive information being hacked and shared across the world. However, most banks will issue reimbursement on fraudulent charges this still adds little to the security of the vast majority of consumers choosing to shop on line and is making it a matter of risk.

Another limitation, is the technology with the cost of a bandwidth and sever tends to be rather expensive (www.halwits.com). However, this has not stopped most businesses from continuing their business on line and keeping up with other competitors its the cost one pays to remain in the industry and in some cases ahead of the competition. Another concern that has been partially cleared with the help of chat systems is the direct communication for the consumer. Most will see this issue surface in the form of a phone call or on line as well. Most phone systems will present you with the automated system for assistance before being able to speak to a live person. Still, with all these limitations, consumers are still shopping for what they want and in most cases happily on line.

Reference no: EM13928862

Strategic management and ethics

Write down the responsibilities of board of directors to stakeholders other than shareholders? What ethical issues surround executive compensation? How can we identify whether

Is the confusion statute constitutional

Is the Confusion statute constitutional? Discuss your legal reasoning. Illustrate what provisions of the U.S. Constitution will be applied by a court to determine the statute’

How does the article contribu te to contemporary thinking

How does this article contribu te to contemporary thinking about business ethics? Assess the ethical issues faced by the business leader or leaders in the article. How can you

International organizations and transnational roles

International Organizations and Transnational Roles. From the first e-Activity, propose if Libya's revolution was or was not the impetus for the attacks on the U.S. consulate

Aggregate demand and supply

Image that the mayor has hired you as a consultant to evaluate the increase in aggregate demand in the city where you live. Describe to the mayor one (1) aggregate demand an

Relationship between business operations and csr at bp

What is the relationship between business operations and CSR at BP - Does the organization consider CSR as obligatory or do they seek opportunities for CSR? In other words, i

Explain how you would respond to the given situation and why

Explain how you would respond to the given situation and why. Recommend an appropriate process and explain why this process is preferred. Describe the contract styles that wil

Where do you stand on this issue

Some courts hold which an engagement rings is a conditional gift which becomes an absolute (effective) gift only on marriage. Other courts conclude which when an engagement

Reviews

Write a Review

 
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd