You are on page 1of 1

Over the years, E-commerce (Electronic Commerce) has brought lot of changes in the

business world. It refers to the buying and selling of goods and services without
using any paper documents to the customers through electronic medium
(investorwords.com, 2016). The E-commerce was introduced on 1970s as a transfer of
funds. The development of e-commerce was fast over the countries since 2000. E-
commerce is considered to be one of the ways of increasing profits in firms. Small
and medium-sized enterprises (SMEs) are determined by staff headcount and either
turnover or balance sheet total (Ec.europa.eu, 2016). SMEs have been contributing
to the more economic growth and job creation (forbes.com, 2015) .SMEs has
experienced significant changes in business when they adapted to e-commerce. This
essay will go through the relationship between e-commerce and small-medium sized
organization, changes and development E-Commerce has brought to the world of SMEs.

The introduction of E-commerce is one…show more content…


There are vast number of reasons why this e-commerce does not work actively, these
reasons vary according to the countries and regions. The cost is the important and
crucial issue for the small firms since they do not have much investment than the
larger companies. The lack of knowledge and awareness of E-commerce world, poor
business strategies, lack of skills and time to implement SMEs, fear of failure
etc. Security continues to be the most important problem for online businesses as
customers have to feel confident and trust about the integrity of the payment
process before they commit to the purchase. Slow internet connections, lack of
electricity supply and financial infrastructures will lead to poor e-commerce in
small and medium sized firms. There many positive and significant impact of e-
commerce in small and medium sized firms such

As more and more businesses look for ways to secure electronic marketing online,
there is a greater need for E-commerce. Whatis.com defines E-commerce (EC) as the
“buying and selling of goods and services on the Internet. As more and more
companies accept the challenge of E-commerce, e-business security and security
software is becoming a factor that corporations need to meet. We will discuss what
E-commerce is and how it is used and the advantages and disadvantages. Security
systems for EC have four categories that include: Authentication: Verifies who you
say you are. It enforces that you are the only one allowed to logon to your
internet banking account; Authorization: Allows only you to manipulate your
resources in specific…show more content…
EC systems are also used for the service industries. For example, online banking
and brokerage services allow customers to retrieve bank statements online, transfer
funds, pay credit card bills, apply for and receive approval for a new mortgage,
buy and sell securities, and get financial guidance and information (Khusial, &
McKegney, 2005). 3dCart is software that can be used for EC. The 3dCart has over
100 features to help any business grow. Some of the features are: 24/7 free
technical support, easy to use Web Administration, online support, forums,
tutorials, knowledgebase and videos, inventory control, real time shipping (UPS,
FEDEX), secure PCI compliant hosting; existing website migration, Google checkout;
PayPal payment, and many other features. E-commerce is the host for 3dCart and has
a 99.9% uptime. 3dCart is hosted at the largest datacenters around the United
States including: RackSpace, SoftLayer, ThePlanet, Peer1, and LiquidWeb. The
servers are continuously monitored, every 60 seconds, to make sure if a problem
occurs, the technicians are able to quickly solve it by working with the
datacenters.

You might also like