Management of information Systems Essay Example | Topics and Well Written Essays - 1250 words

Management of information Systems - Essay Exampleand Google have been satisfactory to reduce their costs of production, carry give away market segmentation, and produced differentiated products. The need to introduce modern applied science in regular business operations have been necessitated by the stiff competition created through globalization. bingle of these latest technologies is the electronic commerce. With the competition intensifying, companies much(prenominal) as Google Inc. have gone an extra mile to discombobulate their operations electronic.Qin broadly defines electronic commerce (e-commerce) as the widespread applications of computer networks and internet to communicate, carry out commercial transactions, and make online payments (34). It draws on a number of technologies including mobile commerce, supply chain management, electronic info interchange (EDI), automated data collection technologies, inventory management systems, on-line(a) marketing, and electroni c fund transfers. In this twenty first century, e-commerce heavily reply on the World Wide Web (www) in almost every life cycle of a transaction, though it also rely on other internet-enabled technologies such as e-mail. It is an e-business aspect that aids is data exchange and facilitation of financial payments (Laudon and Guercio 37). E-businesses take the form of virtual storefronts (E-tail), on-line marketplaces, e-mails, or fax.Since 2000, the numbers of business transactions conducted by Google Inc. via online platforms have more than tripled. Kurihara established that e-commerce accounts for over 60% of retails transactions globally. Information technology has directly impacted on the business sector by expanding customer bases, increasing product information symmetry, and improving product/service quality (72). Internet serves as an synergistic medium where the business community congregates and transacts. Besides, this medium helps in eliminating geographic barriers to t rade and commerce. E-commerce is critical in the fortify of customer