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  • Viii. Caution and Drawbacks On E Business

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    Freedom Ang
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    This document discusses the cautions and drawbacks of e-business. It notes that many early e-business ventures failed due to poor management, ineffective marketing, poorly designed logistics, and intense competition. While e-commerce grew rapidly in the late 1990s, some remained skeptical of its potential. The document also compares the internet boom to the 1849 California Gold Rush, noting that in both cases most money was made not by prospectors but by suppliers of necessary goods. Specific drawbacks discussed for the Philippines include the need for clear e-commerce laws and regulations to encourage internet commerce and reduce tariffs. The government is seen as playing a vital role in the growth of e-commerce through planned intervention and regulation.

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    drawbacks of ecommerce

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    This document discusses the cautions and drawbacks of e-business. It notes that many early e-business ventures failed due to poor management, ineffective marketing, poorly designed logistics, and intense competition. While e-commerce grew rapidly in the late 1990s, some remained skeptical of its potential. The document also compares the internet boom to the 1849 California Gold Rush, noting that in both cases most money was made not by prospectors but by suppliers of necessary goods. Specific drawbacks discussed for the Philippines include the need for clear e-commerce laws and regulations to encourage internet commerce and reduce tariffs. The government is seen as playing a vital role in the growth of e-commerce through planned intervention and regulation.

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    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
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    6 views7 pages

    Viii. Caution and Drawbacks On E Business

    Uploaded by

    Freedom Ang
    This document discusses the cautions and drawbacks of e-business. It notes that many early e-business ventures failed due to poor management, ineffective marketing, poorly designed logistics, and intense competition. While e-commerce grew rapidly in the late 1990s, some remained skeptical of its potential. The document also compares the internet boom to the 1849 California Gold Rush, noting that in both cases most money was made not by prospectors but by suppliers of necessary goods. Specific drawbacks discussed for the Philippines include the need for clear e-commerce laws and regulations to encourage internet commerce and reduce tariffs. The government is seen as playing a vital role in the growth of e-commerce through planned intervention and regulation.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 7

    VIII.

     CAUTION AND DRAWBACKS ON E­
    BUSINESS
    H.M Deitel 
     Has a word of caution for parties 
    who want to engage in 
    eCommerce/eBusiness
     Certain Precautions that need to 
    be addressed
     Caused many eBusiness failures 
     Poor Management
     Ineffective marketing
     Ill designed logistics
     Intense competition
     Gold Rush
    Ian Chaston (2001)
     Wrote that despite the amazing growth in the number of websites open 
    between 1995 and 2000, plus the strong support the Internet has 
    received from individuals.
     Some industry brokers have remained skeptical about this technology 

    In 1995, Churbuck 
     Presented a series of 
    companies that invested in 
    creating a web presence and 
    received no real return from 
    their investment.
    Romano 1999
     compared the Internet to 1849 California “gold rush” ­ which 
    people who made money were not the prospectors but the 
    individuals providing product such as tools, food and 
    clothing
     In today's, “Internet Gold Rush”
     Roman concluded that the only people making money are the 
    suppliers of computer hardware, telecommunication 
    equipment and software
    E­Commerce/E­Business 
    Drawbacks in the Philippines 
     E­Commerce Law
     Have clear directions and regulations 
    encouraging Internet commerce 
     Reduce tariff rate
    HP President Raymond Del Val 
    (MBA Thesis in UA&P)
     Underscored the vital role of government in the growth of e­
    Commerce 
     He pointed that Philippines market is not yet ready for the 
    e­Commerce/e­Business market it needs a planned 
    intervention.
     It also important that the government also functions as a 
    watchdog against restrictive policies and unhealthy 
    business practice.
     He cited cable companies should encourage to play major 
    pole in promoting internet access
     Government and private business purchasing cooperatives 
    should leverage volume purchase for broadband services
     According to him, there is a need for coherent and 
    complimentary plans among telecommunication 
    companies, internet service providers, and all other parties 
    directly and indirectly involved in the development of 
    internet related service.

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