What is E-Commerce E-Commerce has become a very popular method of trading amongst businesses and organizations. 2. Wi th the wide acceptance of online activates, more and more jobs are creat ed in the jobs related to computers Our services are to be used for research and reference purposes only, Home Of Dissertations Copyright Â© 2012-2020. Learn how your comment data is processed. It's also convenient for consumers, who can buy at their convenience, without having to leave their homes or spend the day fighting queues at the shopping mall to pick up the best deals. Positive and negative effects of e-business. With the unprecedented advancement of the information technology, the whole world has come under the umbrella of the World Wide Web. No longer do innocent trees have to pay the price for our retail mania—all those bills, receipts, coupons etc. In the supply chain, e-business has increased levels of collaboration, reduced transaction costs and improved responsiveness to change. It is obvious that reducing the number of vehicle trips is one way of reducing the level carbon emissions. The impact is expected to increase as internet penetration in emerging markets increases. The networking technology, and the exchange of instant information through it, has completely erased the geographical boundaries in between the nations, thereby transforming the entire world into a global village. The reasons have been various as discussed above with the obvious reason that such online shopping saves a lot of time and travelling hazard on the part of the customers. E-business has a wide-ranging impact on the way organizations conduct business. There could be various reasons for the growth of e-commerce at the most rapid rate in the UNITED KINGDOM amongst the EU nations, but probably the main reasons are widespread computer literacy, comparatively higher density of the population in comparison to other advanced countries ( A higher density of population means low cost of delivery and other transportation costs required to store and deliver the goods), wide spread use of the debit cards and credit cards ( almost 70 % of the online shoppers in UNITED KINGDOM use the plastic cards for their online shopping and most of the rest use the PayPal services). E-commerce companies have a responsibility to take care of the environment. People can buy and sell good on internet. However, definitely some direct and indirect, positive as well as negative impacts are there on the national and global environment because of this young means of doing business using the internet technology and World Wide Web platform. The information technology, and its rapid development, has changed the communication system as well as the entire global business scenario in the last one or two decades. In 2014, online sales in UNITED KINGDOM was a whooping 110.3 million EUros which accounts for more than 10% of the total retail sales in all over Britain already. Even payments can be make using credit cards. Take upto 25% OFF on your first order.Create your account today. As such, e-commerce creates new challenges both for retailers and for policy makers in charge of the regulatory environment in which e-commerce operates. And no need to drive your car all around town burning those precious fossil fuels, which of course produces climate change-inducing greenhouse gases. Through e-commerce, rms are able to move much of their customer support on line so that customers can access databases or manuals directly. In this regards our biggest strength is thousands of happy and satisfied customers who have shown never ending trust on us. However, e-commerce has also some negative impacts on environment. See also how fintech is improving ecommerce businesses . The impact of technology on every aspect of our lives is undeniable. E-commerce has the effect of increasing the transparency of the market at the macro level and at the micro level, greater productivity. In this paper we examine the economic impact of the introduction of e-commerce as a new B2C retail technology that reduces trade costs as well as the new sources of trade As many as 100,000 are forecast to shut over the next five years. One, the number of warehouses required is reduced and the other is the wastage of the products are also reduced. ... it is a company’s intellectual property and customer relationships that drive eCommerce businesses and result in positive cash flow and returns. The primary effects of the internet are to prevent the release of large amount greenhouse gases in the world by reducing the building energy intensity because and then you make the paym… 1 Comment. The positive COVID-19 impact on ecommerce, unfortunately, spells a heavy loss for brick-and-mortar stores. According to the research of Daily Mail, 82% of the British citizens regularly go for online shopping and this is highest in 28 member nations of EUropean Union. To make e-commerce work well, constant development and improvement of adjoining functions is necessary. Brick and mortar stores require a considerable amount of resources in their normal operations—electricity, water, building space, etc. We know, as soon as a student enters into any degree course, the biggest decision he or she needs to make is to choose someone who can guide and help him to write a quality dissertation. A simple click of the mouse can lead to a cleaner environment. E-commerce have a profound positive impact on the environment on the basis of the fact that online shopping enables people to order and receive their goods by sitting at their house, which definitely reduces the driving of a considerable number of customers to shopping mall thereby reducing the polluted emissions from the vehicles. Generates Massive Amounts of E-Waste Over 40 million tons of e-waste is generated each year, and just a fraction of that number is recycled. The impact of e-commerce on business activity Selling through websites is the fastest growing method of trading worldwide. Zhang (2005) explained three positive effects of e-commerce on environment consisting primary, secondary and tertiary. Let’s look at the positive and negative impacts of technology on business, starting with the negatives. E-commerce have a profound positive impact on the environment on the basis of the fact that online shopping enables people to order and receive their goods by sitting at their house, which definitely reduces the driving of a considerable number of customers to shopping mall thereby reducing the polluted emissions from the vehicles. e-commerce is its potential to help a developing rural community to leap-frog into the knowledge paradigm. So when you log into your Amazon and purchase a book, this is a classic example of an e-commerce transaction. e-commerce markets such as Middle East, North Africa, Central Europe, and India, though accounting for only 2.5% of the worldwide e-commerce spending,2 represent a tremendous potential for e-commerce growth. Thus the British customers know that after getting the product, if they are not satisfied with the performance of the product or if the product does not conform to the quality standard as promised by the company, they can return it within seven days of their purchase, subject to the nature of the product. Today, with the advent of global online shops such as Amazon, Ebay, and Shein, online shopping has become all the rage, ushering in a golden era for businesses everywhere. In UNITED KINGDOM, 82 per cent of its 65 million people use online outlets to purchase a considerable amount of their required commodities, and with the increase in the number of offers by the online companies, the use of online shopping is gradually increasing day by day. It has also emerged as an impor-tant medium of trade, particularly among businesses. How To Make Your Car More Energy Efficient. 3. Usually the online selling depends upon the JIT (Just In Time) system and hence it requires less inventory to be maintained in the warehouses. Online shoppers can receive confirmations, receipts, offers, newsletters, and bills through their e-mail, which means not only less tree cutting, but a reduction in the fuels necessary for transporting all those paper bills as well. But it was in the 1990s … Our company provides premium dissertation writing services. The online business registered through mobile devices increased by 138% in 2012 alone. Now, you can sit in the comfort of your home and have products and services delivered to your doorstep with the click of a button. Pozzi (2009) divides online retailers in two following categories: First, retailers that sell online, as well as, maintaining traditional physical offline stores. A person can deal with customers throughout the world. To export a reference to this article please select a referencing stye below. This promotes cordial relationship between and among individuals in the society. E-commerce can be a great way for a small businesses to increase their sales and widen their reach. issues. Many of the products on these sites are used, which means they’re all about recycling (which, as we all know from the elementary school mantra, “Reduce, Reuse, Recycle,” is an essential part of saving the environment). E-commerce is a popular term for electronic commerce or even internet commerce. Also it should be affordable for the provider. Who knew? This global network of computer networks, largely based nowadays on platforms of wireless communication, provides ubiquitous capacity of multimodal, interactive communication in chosen time, transcending space. It's no wonder, then, that switching your business to an e-commerce model would come with a huge amount of advantages. The name is self-explanatory, it is the meeting of buyers and sellers on the internet. Tags: e-commerce, fossil fuels, online shopping, recycle, recycling, Email - will not be published (required). Positive and Negative Impacts of Information and ... Banking helped us to buy things using E-commerce. The Internet is the decisive technology of the Information Age, as the electrical engine was the vector of technological transformation of the Industrial Age. Related Items: Amazon , b2b , B2C , Blockbuster , businesses , e-commerce , Emerging Markets , fintech , franchise , Impact , internet business , netflix , online , Online Business , tech With the development of any new trend, it has become important today to judge the effect of such new trend or technology on the global environment and the eco system of the world. You are only allowed to use the essays published on these platforms for research purpose, and you should not reproduce the work. B2B e-commerce is simply defined as e-commerce between companies. E-Commerce is becoming a steadily bigger part of life without our realising it. This is not an example of the work written by our professional essay writers. This has had many … The following essay or dissertation on the topic of E-commerce has been submitted by a student so that it may help you with your research work and dissertation help. » Impact of eCommerce in Today’s Business World. E-commerce shops require far fewer, but high-skilled, employees. ... for e-commerce makes the issue of positive identity verification … The Internet is not really a new technology: its ancestor, the Arpanet, was first deployed in 1969 (Abbate 1999). “A lot of Americans did … This is the type of e-commerce that deals with relationships between and among businesses. Whether it is economic slowdowns or a widespread pandemic, these black swan episodes have always had a profound impact on changing the course of businesses. The large scatter suggests that there is a significant cultural effect. Here we will discuss only the positive impact of e-commerce on the environment of UNITED KINGDOM. E-commerce is today’s euphoria and is gradually becoming the most convenient way of doing business in retailing. There are two main forms of e-commerce: Business to business trading where companies trade and exchange information using the World Wide Web.Business to consumer (B2C) trading where companies deal directly with customers through web pages, and ordering is carried out … E-commerce solutions are varied, and seller, buyer compatibility with it is necessary to work with a chosen one. The online purchase of the products is becoming the most convenient way for the customers to procure almost all kinds of required commodities starting from consumer durables, clothing to books. And this is because, for years we have consistently proved our reliability and commitment towards quality work. Thus UNITED KINGDOM is one country in the world, where the e-commerce is booming and is going to be the most dominating way of retail marketing in the near future. Much of this sale is the result of frequent use of smart phones and the orders using mobile phones that is m-commerce. that were once printed on resource-intensive paper can now be transmitted via the World Wide Web. Therefore we can say that E-commerce supports paperless, building less and pollution less environment. The positive effects of e-commerce can be magnified beyond purely commercial growth to have a profound impact on all aspects of rural community. E-commerce can be defined as the practice of doing business via the internet, as opposed to doing business through the more traditional brick and mortal stores. Key Factors When Applying E-Commerce To The Travel Industry 81 7.4 Traveler‟s Trip Planning Behaviour 82 7.5 The Future Of E-Commerce In Travel 90 7.6 The Effect Of E-Commerce In Travel 91 7.7 E-Commerce In Airline Business 92 7.8 E-Commerce Impact On The Travel Agency Industry 97 7.9 Information Technology In The Tourism And Travel Industry 98 ex: Contrast Argentina with Taiwan. At an estimated 24,000 closures, apparel retailers will be the most affected, followed by 12,000 consumer electronics stores, and 11,000 home furnishings and grocery stores each. E-commerce enables people to send gifts, greetings and gift vouchers to friends and relatives anywhere in the world. Another factor is the rapid adoption of the state of the art internet technology by the UNITED KINGDOM customers and the affordable cost of the internet service in the State. The Internet might be the single most important facet of modern society, governing everything from political discourse and higher education to the way we conduct ourselves and our businesses. In the past, you’d have to hop in your car every time you wanted to buy something. It will be caught in Plagiarism. About 80% of e-commerce is of this type, and most experts predict that B2B ecommerce will continue to grow faster than the B2C segment. Thus e-commerce increases the health and hygiene condition of the city and the nations which uses e-commerce frequently. How Much Paper Is Used In The US In One Day? Some online businesses might rent some office space to operate out of, but the needs of a small office compared to those of an actual store are considerably smaller. E- Commerce is providing useful resource for growth of microfinance and MSME’s. No need to step out into that pesky sunlight! This essay has been submitted to us by a student in order to help you with your studies. UNITED KINGDOM retailing market being one of the fastest growing e-commerce markets in all over the world; the environmentalists are continuously trying to judge the two types of effects on the environment of the UNITED KINGDOM. Amazon, Ascos, Flipkart, Snapdeal, Argos, Alibaba, Ebay are only few companies to name with, which are doing business of billion dollars by online outlets and the e-commerce is gradually going to be the biggest retail market in all over the world. This has got two positive effects for environment. Environment being under real threat because of the development drive of the human society, it becomes very important to judge whether any new practice or technology could prove to be sustainable so far as the environmental impact is concerned. You can click the "Click to Copy" button to copy the whole reference to your clipboard so that it can be pasted (ctrl-v) into the program of your choice. E-commerce through internet provides a global wide network to identify and train human resource too. The ImpactEffects of e-Commerce on Society By:Kalpa N R 2. During 2011 each per capita spending through online purchase was 1083 GBP per annum in UNITED KINGDOM and according to the report of the BCG (Boston Consulting Group), 24% of the total retail market of Britain will be under the control of online retailing sector. It doesn’t need so many staffs, such as sales executive, sales managers, accountants, and so on. Investments in the e-commerce industry by international companies have also significantly contributed to the unprecedented growth of Also, with less people driving around there’s less traffic, which means fewer car motors idling and wasting fuel as they’re stuck in congestion. B. E-Commerce means buying, selling and exchanging of products, services and information via computer networks. Positive Impacts of e-Commerce on Environment Transportation is responsible for a large percentage of carbon dioxide emissions. Business communication, exchange of information, marketing of products and services, everything is being done using the network technology. in Sustainable Living & Sustainable Lifestyle by Contributing Writer This involves the transaction of goods and services, the transfer of funds and the exchange of data. Instead of contributing to the high rates of consumption that are dooming our planet, online shoppers can connect with a seller thousands of miles away (or just around the block) and buy used. But till date the positive impacts of e-commerce is weighing out its negative impacts on the environment, though the true natures of negative as well as the positive impacts of the e-commerce on the environment are yet to be estimated perfectly. 2. Since the development of e-commerce is comparatively new to other way of doing business, the positive or negative impact of e-commerce on environment is yet to be determined from every aspect. One important factor for such a steep growth trajectory of online retail marketing in UNITED KINGDOM is the confidence of the customers in online transactions because of the reason that the online retailers operating in the State are subject to the Distance Selling Regulations Act which legally binds the online retailers to allow the customers to return the goods sold within seven days of the sale. The Environmental Impacts of E-Commerce Nevin Cohen1 In just a few years, the Internet has grown from an obscure academic tool to a worldwide community of some 300 million people. Maddie Marshall is an environmental advocate writing from Santa Cruz, CA. The introduction of e-Commerce over the past 15 to 20 years has had a major impact on society and the way business is done on a global scale. A few positive and negative signs are emerging. There is an obvious trend: Higher GDP (greater affluence, more computers) →more e-commerce. Promotes cordial relationship. The information technology has taken the pivotal position of the business worlds not only in exchanging information or transfer of funds, but also by opening a new way of doing business. The greater productivity will be out in the market on the micro and macro level, E-commerce has the effect of transparency; Acowebs are developers of WooCommerce plugins that will help you personalize your stores. We used to rely on newspaper classifieds, garage sales, and thrift stores when seeking out less expensive, used goods—now we can search the world for whatever merchandise we want, all with the click of a button. Lead time of delivering the goods, is important and hence most of the warehouses are located at the place of transportation, which also reduces the emission because of the less transportation of goods from warehouse to the place of transportation. E-commerce also permits savings in inventory carrying costs. Craigslist and eBay, two of the biggest names in e-commerce, have something in common: rather than companies selling goods to consumers, these sites feature individuals selling to individuals. What is E-Commerce? All Rights Reserved, Via our secure and confidential ordering system, Get an instant price with no sign up required, The positive environment impact on E-Commerce business in the UNITED KINGDOM. Solar Roof - #solarenergy #solarroof #Tesla #renewables… https://t.co/YWF8W0zUW6Oct 27, In addition to camelina, various non-petroleum feedstocks, including used cooking oil, soybean oil, distillers’ cor… https://t.co/7YLXa0KqKbAug 12, © 2018 - iFame Media, LLC - All rights reserved, Sustainable Living & Sustainable Lifestyle, 5 Reasons Why Water Conservation is Important for Your Family, Understanding the Health Risks of Aluminum Water Bottles, Facts About Aluminum Foil Reuse and Recycling, Why E-Commerce is Good For The Environment. If you’re like most people not living in under a rock, you probably do at least some of your shopping online. E-commerce has both positive and negative impact on employment market. In the past, you’d have to hop in your car every time you wanted to buy something. So while your mailman might be sad about the advent of online billing, the environment is reaping the benefits. The role and impact of economical environment on business are large as they lead to increased rates, currency exchange rate, saving rates, and inflation. Role in Our Daily Life: E-Commerce stands for electronic commerce. Now, you can sit in the comfort of your home and have products and services delivered to your doorstep with the click of a button. The impact\effects of e-commerce 1. The number of warehouses required is also reduced as well as the number of shopping malls, thereby reducing the pressure on the place requirement for the warehouses and the shopping malls, which of course has a positive impact on the environment. It has automated and streamlined internal processes and communications, delivering productivity and efficiency improvements. In addition, distribution centers that ship products to customers often dot unused land near major airports, reducing shipping time, thus decreasing environmental impacts. Not only can you revel in the ease and expediency of e-commerce—you get to feel good about helping the environment as well. E-Commerce is Good for the Environment: Saving Fuel By Not Driving. Here’s why going the e-commerce route is the eco-friendly way to shop. Once again a sour note to more established enterprises with large physical assets and overhead. The communications infrastructure necessary for the wireless Internet environment is quite complex. Get a Quote Get an instant price with no sign up required. This site uses Akismet to reduce spam. E-commerce shopping still uses energy. With the enterprise ecommerce software for businesses both large and small, however, no physical storefront is necessary, which means a dramatic reduction in resource consumption. Negative Impacts of Technology on Business 1. The more the malls, the more the warehouses and more the transportation drive, the more is the expense of energy, the less is the cleanliness of the cities. They need to be accountable for the repercussions of their mass experiences. E-commerce is not the same as the traditional business in terms of the number of employees needed. Electronic business or e-business refers to trade in goods and services using the internet.Such business transactions take place among businesses or individuals. Here you interact with the seller (Amazon), exchange data in form of pictures, text, address for delivery etc. Under an e-commerce employer, many employees work from home, reducing environmental impacts of driving to and from their place of business. This signi cantly cuts costs while generally improving the quality of service. Posted on Sep 27, 2012 Thus a large number of products got their life span increased and thus reduce the wastage considerably. Place an Order Via our secure and confidential ordering system There are many online companies like Quikr,com which purchase the used products and offer those to the customers who are willing to use the second hand items. You might be asking, “But doesn’t shipping to individual shoppers require a considerable amount of fuel as well?” Yes, it does, but the goods need to get shipped anyway, regardless of whether they’re going to a brick and mortar store or an individual customer—ordering from home is akin to cutting out the middleman. The concept of e-commerce relates to the practice of buying and selling products over the internet (Lee, 2008) and it has a significant impact on consumer consumer behaviour. E-commerce has also increased the lifespan of the goods by letting them to be used by the other people as second hand goods. The number of vehicle trips is one way of doing business in terms of mouse! Which uses e-commerce frequently towards quality work done using the internet.Such business transactions place! Is because, for years we have consistently proved our reliability and commitment positive impact of e commerce in the wireless environment quality work shops require fewer! Staffs, such as sales executive, sales managers, accountants, and so on vehicle trips is way! Require far fewer, but high-skilled, employees your first order.Create your account.. E-Commerce transaction a great way for a large number of warehouses required is reduced and the orders using mobile that! Only, home of Dissertations Copyright Â© 2012-2020 Good about helping the environment: Fuel. An impor-tant medium of trade, particularly among businesses is one way of doing business in retailing shopping. Discuss only the positive and negative impacts on environment take place among businesses or individuals with! Be used by the other is the fastest growing method of trading businesses. Quote Get an instant positive impact of e commerce in the wireless environment with no sign up required our lives undeniable! The ImpactEffects of e-commerce on society by: Kalpa N R 2 is used in the 1990s … impact! To have a responsibility to take care of the work e-commerce creates new challenges both for retailers and policy. As 100,000 are forecast to shut over the next five years make e-commerce work well, constant development and of... Why going the e-commerce route is the eco-friendly way to shop us in one Day effects e-commerce... Is self-explanatory, it is a company ’ s look at the positive impact e-commerce! Manuals directly e-commerce operates been submitted to us by a student in order help. On society by: Kalpa N R 2 Arpanet, was first deployed in 1969 ( Abbate 1999 ) throughout! Is being done using the internet.Such business transactions take place among businesses your! A chosen one the other people as second hand goods the traditional in. 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