Prepared by Karin Bean globose E- duty Final Research Paper CSI 274 The impress of Global E-Commerce in the change World -Benefits and Challenges Prepared for Robert Quentin November 21, 2004 TABLE OF CONTENTS Introduction         2 Benefits of Global Commerce         2-3 Examples of Global Success         3 Successful collaboration in B2B Exchanges         4 Some examples of successful B2B         4-5 Infrastructure         6 Challenges of Global E-Commerce         6-7 Cultural preferences         7 Localization         8 Legal issues         8-9 Bandwidth         9-10 Consumer protection         11 Payments         11 Taxation         11 Laws         11-12 Economical Impact         12-13 Digital slump out         13 Definitions         13 Reference         14 ii INTRODUCTION Global E-commerce has been around for 25 years. It was habituated mostly for stock handcraft and financial transactions employ EDI and EFT Systems and was limited mostly to impinging corporation due to the broad(prenominal) costs of data transmission. The utilise of the internet and extranet have changed the focus global business is performed and has get under ones skin the global market significantly. The profit provides a more squalid and flexible infrastructure and thus en sufficients more companies to engage in global e-commerce. The use of the internet breaks down international borders and creates double-dyed(a) opportunities for companies to expand their business worldwide. also the benefits for businesses, there are challenges as well.
Those range from language barriers to diametric currencies, tax laws, and cultural differences in business ethics, to different aspiration laws. Furthermore technical challenges such(prenominal) as implementing effective net connections, interoperational platforms, and security systems are reconcile causing barriers for global e-commerce. BENEFITS OF ball-shaped COMMERCE The opportunity to engage in global e-commerce provides many companies with spectacular opportunities to expand their market. B2B opportunities enable businesses to reefer ventures, collaborate effectively and exempt costs by reengineering workbench and business processes. Businesses are able to join global work e-market spaces, and 2 exchanges in their prospective industry, If you ask to get a luxuriant essay, order it on our website: Orderessay
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