Jimmy Carrasco
ISCOM/374
September 25, 2017
Prof. Melva Elliott
The Development of e-Business
E-business is the undertaking of a business over the internet, electronically. The business does not only buy and sell but it has to convince consumers and to also collaborate with business partners. Signs of an e-business is not only the ability to sell but to whom the products and services are being sold to. The issue of to whom the services and products are being sold to and to look at the feature to what customers will go for next(Bhusry,2005). A good e-business website should be able to show al the current assets information, legacy and all the data that is relational on sources, warehouses, and even data marts. The website should be able to show great visuals, formatting that is advanced options of output like excel spreadsheets, harts among other peripherals.
Structure, History, and Growth of the Selected E-Business
Ebay
eBay is undoubtedly the premier online website and the home to corporate for successful brands for the internet. Bay has almost 100 million visitors that are active, the marketplace for eBay hosts millions and millions of wholesale and retail business deals in around 30 countries on a single day. eBay is known to have core businesses that are two. It has a payment system which is PayPal and which was once part of the business. Bay was started by a 28-year-old individual in the year 1995. Currently, eBay is under the leadership of Pierre Omidyar as the President while Devin Wenig is the CEO. eBay is known to employ workers estimated to be about 17,700 all over the world. eBay went public in the year 1998 and it currently has a capitalization of the market totaling to $40 billion. The position of eBay in the e-commerce, payments and retail landscapes has continued to change as all the sectors continue to evolve(Shaw,2006). eBay’s IPO in 1998 took place in the era of fabled ‘dot-com bubble’ and it is sad that it was influenced by a lot of forces which made technology and some IPOs on the internet to be infamous.
eBay’s target price which was at $18 initially as the target price went to a climb that was steady reaching the heights of $58 per single share in the year 2004 only to decline thereafter. eBay’s growth in terms of revenue was at first 30% the year in year out and that made eBay one of the best performing websites in the e-commerce field. However, in recent times, the revenue of eBay has been slowing down as the payment business method continues to be reorganized more and more. That has been the strategy of change with the aim of characterizing the marketplace of the business. The declines in the business field can be said to be as a result of competition that has increased mostly from competitors like Amazon.com. The difficult economic times have also made it difficult making the revenues, listing, and the profit has fallen from the year 2008 and heading to 2009.Leadership challenges have also been witnessed in the business as some of the changes that were introduced failed to work more so in the era of John Donahoe(Bhusry,2005).
structure and major components and features of the eBay website eBay website is well organized and visitors to the site cannot have regrets at all as all the issues are well-taken care off. All the commodities being sold together with the services being provided have their designated parts welcoming visitors in a manner that is of business dealings. The eBay site is organized into sections that total to 5. These sections are; sell, buy, My eBay, Help, and community. Under the Buy section, there are the things that are being sold. The subsections in this part are the likes of; Antiques, Art, Baby, Books among others. In the sale section, there are subsections like; sell activities, selling resources. My eBay section caters for My account and My selling account while in the Community there is why eBay and Feedback(Shaw,2006).
Supply chain management (SCM) considerations and business-to-business (B2B) and business-to-consumer (B2C) models
In the supply chain management, a business should consider several aspects and this even goes to eBay business undertakings. One of the issues is Regulatory Oversight; when eBay follows the rules, it does not mean that the suppliers are also following the rules. In this case, it means that eBay should oversight the policies of a supplier and even the practices. Counterfeits consideration as the other thing that should be taken into account eBay. This happens mostly in the sections of electronics(Zhou,2004). There should be planning that is rigorous and the vendors should have to be selected carefully. Supply chain management also calls for having a plan for backup; this is because the origin of products, services, and materials may not be static. Each for the eBay changes suppliers, there should be an evaluation of environmental regulatory aspects among others. The business to business considerations for e-commerce are Objectives and drivers; e-commerce business should be ready to review the objectives for the corporate and the e-commerce strategy. Metrics is the other consideration and in this, it will call for a change of objectives as business matters do change. Mergers and acquisitions, channel partners are the other considerations. In the business to consumer model considerations, a business should look at how to sell products directly to its customers. This can be done either through marketplace that is online or websites for a company.
Legal and regulatory requirements for SCM in e-commerce and traditional commerce
In e-commerce, there are legal and regulatory considerations that should be taken into account and these are the like of; straightforwardness in the transactions. Once there is money that is received for the sales as per the delivery of products as shown in the timeframe, all that should be adhered to. Delivery policy and shipping should be taken into account(Shaw,2006). There should be clear policy for delivery and the customers should know when to expect their products. The Refunds policy should also be well stipulated as there are times things do not move well and customers want to gain trust. Traditional commerce legal and regulatory considerations should have aspects of inspection of goods physically, face to face meeting between business owners and customers. The marketing should also be done and there is also no platform that is uniform for information exchange.
Potential Ethical Issues in E-Business That Differ From Traditional Business
E-commerce, when compared to traditional business, has a lot to do with it. For instance, in e-commerce, there is an intrusion into privacy by use of the pins or even emails used by customers unlike in traditional business. Spamming of email is the other thing where businesses may fill customers email address with unnecessary information(Zhou,2004). E-commerce is also full of piracy as there are businesses that will steal material online without paying or acknowledging the source unlike in traditional business.
References
Bhusry, M. (2005). E-commerce. New Delhi: Firewall Media.
Shaw, M. (2006). E-commerce and the digital economy. Armonk, NY: M.E. Sharpe.
Zhou, Z. (2004). E-commerce and information technology in hospitality & tourism. Clifton
Park, NY: Delmar Learning.
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