New Technology And Small Business Enterprise

Assignment 1 Research Contribution New engineering science and minor telephone line Enterprise E-commerce What are the advantages of E-Commerce for Small Business? Introduction Our world has veerd drastically in recent years; we are living in the age of globalisation and stiff economic growth. Internet calling (e-commerce) has fail an important pick of our busy lifestyle and major part of e really affirmation 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 imagination for consumer browsing, price comparison and a developing medium for crossway 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 trade in with customers, suppliers or to research the market about product, services, competitors and busin ess opportunities. The technologies utilise for e-commerce include the Internet, electronic mail, EFTPOS, telephone and fax machines. E-commerce is comparatively cheaper than handed-downistic way of doing business and offers its users the opportunity for global market execute (Study Guide MAN15 ver. 12, 2011).

Small Businesses are different from Brobdingnagian ones in so many ways. They are most of the term in camera owned and operated with a small number of employees and relatively rugged volume of sales. Most of the time small businesses have particular(a) funds to invest and they dont protrude a chance in competition with big corporations in traditional way of doing busines s as it may be very expensive due to high ad! vertisement be and likewise it is time consuming with limited trading orbital pit (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 throw with ongoing changes in technology and follow it latest trends as it will speed up...If you want to get a blanket(a) essay, place it on our website: OrderEssay.net

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