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Saturday, December 28, 2013

Explain Technical and operational factors of E-commerce

Technical and Operational Factors of E-commerce
(i) Protocol (Standards) Making Process
A well-established telecommunications and Internet infrastructure provides many of the necessary building blocks for development of a successful and vibrant ecommerce marketplace.
(ii) Delivery Infrastructure
Successful e-commerce requires a reliable system to deliver goods to the business or private customer.
(iii) Availability of Payment Mechanisms
Secure forms of payment in e-commerce transactions include credit cards, checks, debit cards, wire transfer and cash on delivery.
(iv) General Business Laws
The application of general business laws to the Internet will serve to promote consumer protection by insuring the average consumer that the Internet is not a place where the consumer is a helpless victim.
(v) Public Attitude to E-commerce
The public attitude toward using e-commerce in daily life is a significant factor in the success of ecommerce.
(vi) Business Attitude to E-commerce

The willingness of companies to move away from traditional ways of doing business and develop methods and models that include e-commerce is essential.

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