Skip to main content

E-Commerce Notes #7


E-commerce II

E-commerce II started in 2001 with stunning technology popularity, developed digital infrastructure.

E-Commerce - IE-Commerce - II
Technology driven It was business driven
Emphasis on revenue growth. Emphasis was on earning profit
It was ungoverned Strong regulation and governance
Dis-intermediation Strengthening intermediaries
Belief in pure online strategies Believed in traditional financing
Entrepreneurial setup Mixed click & brick strategies
Beneficial for first movers Survival in imperfect markets


Technology :
  1. Mainframes (50 - 75) - Transaction automation used for payroll account receivables
  1. Mini - These were used for automation for business functions, e.g. HR functions, etc.
  2. PC (1980) - Desktop automation, word processing, etc
  1. LAN (1980) - used for doc sharing, communication of workgroups, proj. management, messaging & e-mail.
  2. Enterprise Wide Network - It is used for resource planning, integration of resources, e.g. - human resource planning, manufacturing designs, etc.
  1. Internet (1995) & WWW - For industrial system automation, Supply-Chain Management, CRM (Customer Resource Management)

Business : It includes following business concepts :
  1. Nature of elec. Market.
  2. Business models.
  1. Information goods.
  1. Industry structure
  1. Consumer behavior in elec. Market, etc



All other disciplines have a behavioral approach the researchers of info. Systems are interested to identify and build and concrete strategies. There are technical groups that focus on data-mining, AI, search engines, etc.

Economist focuses on consumer behavior on a website, responses to ad. Campaigns, branding, consumer segregation, improving ROI (Return on Investment), etc.

Management Scholar focuses on entrepreneur behavior, interested in challenge .. by young firms, in developing infrastructure, etc.



    Comments

    Popular posts from this blog

    Advantages and Disadvantages of EIS Advantages of EIS Easy for upper-level executives to use, extensive computer experience is not required in operations Provides timely delivery of company summary information Information that is provided is better understood Filters data for management Improves to tracking information Offers efficiency to decision makers Disadvantages of EIS System dependent Limited functionality, by design Information overload for some managers Benefits hard to quantify High implementation costs System may become slow, large, and hard to manage Need good internal processes for data management May lead to less reliable and less secure data

    Inter-Organizational Value Chain

    The value chain of   a company is part of over all value chain. The over all competitive advantage of an organization is not just dependent on the quality and efficiency of the company and quality of products but also upon the that of its suppliers and wholesalers and retailers it may use. The analysis of overall supply chain is called the value system. Different parts of the value chain 1.  Supplier     2.  Firm       3.   Channel 4 .   Buyer

    CONCEPTUAL VIEW OF MIS

    The concept is a blend of principles, theories and practices of management, information and system giving rise to a single product called MANAGEMENT INFORMATION SYSTEM . The concept of management gives high regard to the individual and his ability to use the information. MIS gives information through data analysis. While analyzing the information, it relies on many academic disciplines like management science, OR, organization behavior, psychology, etc. The foundation of MIS is the principles of management and its practices. MIS uses the concept of management control in its design and relies heavily on the fact that the decision maker is a human being and is a human processor of information. A MIS can be evolved for a specific objective it is evolved after systematic planning and design. It calls for an analysis of business, management views and policies, organization culture and the management style. The MIS,therefore relies heavily on systems theory.The systems theory offers soluti