E commerce Assignment
E-COMMERCE
INDIVIDUAL ASSIGNMENT
PREPARED BY:
NORHAFIZAH BINTI MOHAMED TAN
PBS 1332345
FOR:
DR. HALIYANA KHALID
E-commerce in China – The Problems!
Introduction
China is the fastest growing Internet economy in Asia/Pacific, with Chinese Internet users forecasted to account for approximately half of all Internet usage in the region by the end of 2005. The number of Chinese internet users rose to 120 million by the end of 2004, making China one of the world’s top three online populations and further driving the grown of ecommerce, according to the “E-commerce in China‟ report. The number of internet users is expected to increase by 5% every year. E-commerce has become an economic phenomenon that broadly affects the production, exchange, distribution, and consumption of products and services all around the world. China is one of those countries that it is still adjusting with its new development strategies, and still has to face many other challenges in E-commerce. Under the pressure of E-commerce, many inefficient distribution channels will be weakened or even eliminated, while many more efficient ones will be introduced and enhanced. Many industries are still meeting consumer’s rejections against E-commerce. Therefore, the issue facing China is not to worry about this kind of rejection and disappearance, but how to face challenges, grasp potential chances, and advance E-commerce.
E-commerce Problems in China
From the journal referred E-commerce industry in China mainly having problem with the E-commerce fundamental business. It means that most e-commerce activities remains focused on business-to-customer (B2C) activity. This contrasts sharply with the current global market, where the number of B2B transactions has surpassed B2C transactions and is growing by leaps and bounds.
Besides that dealing with customer feel about security aspect while perfom online transaction also being the major problem for E-commerce industry in China. Customers
INDIVIDUAL ASSIGNMENT
PREPARED BY:
NORHAFIZAH BINTI MOHAMED TAN
PBS 1332345
FOR:
DR. HALIYANA KHALID
E-commerce in China – The Problems!
Introduction
China is the fastest growing Internet economy in Asia/Pacific, with Chinese Internet users forecasted to account for approximately half of all Internet usage in the region by the end of 2005. The number of Chinese internet users rose to 120 million by the end of 2004, making China one of the world’s top three online populations and further driving the grown of ecommerce, according to the “E-commerce in China‟ report. The number of internet users is expected to increase by 5% every year. E-commerce has become an economic phenomenon that broadly affects the production, exchange, distribution, and consumption of products and services all around the world. China is one of those countries that it is still adjusting with its new development strategies, and still has to face many other challenges in E-commerce. Under the pressure of E-commerce, many inefficient distribution channels will be weakened or even eliminated, while many more efficient ones will be introduced and enhanced. Many industries are still meeting consumer’s rejections against E-commerce. Therefore, the issue facing China is not to worry about this kind of rejection and disappearance, but how to face challenges, grasp potential chances, and advance E-commerce.
E-commerce Problems in China
From the journal referred E-commerce industry in China mainly having problem with the E-commerce fundamental business. It means that most e-commerce activities remains focused on business-to-customer (B2C) activity. This contrasts sharply with the current global market, where the number of B2B transactions has surpassed B2C transactions and is growing by leaps and bounds.
Besides that dealing with customer feel about security aspect while perfom online transaction also being the major problem for E-commerce industry in China. Customers
References: 1. E-Commerce Education in China: Driving Forces, Status, and Strategies, Journal of Electronic Commerce in Organizations Zhang et al. 2. The Future of Ecommerce in China, www.estwetcenter.org. 3. E-commerce in China 4. http://techonomy.com/2013/03/regulation-could-mean-e-commerce-slowdown-in-china/ 5. http://koehlerservices.com/images/stories/pdf/In_the_News/China_Business_Handbook_2014_-_Ecommerce_in_China.pdf