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E-commerce has become an increasingly popular option for small and large businesses alike. However, not all businesses stand to benefit equally from...
E-commerce has become an increasingly popular option for small and large businesses alike. However, not all businesses stand to benefit equally from e-commerce ventures. A host of factors can influence a business's chances of having a successful e-commerce operation. Each business should carefully weigh the risks and drawbacks of e-commerce against the potential benefits before entering into the e-commerce arena.
To Prepare:
- Consider the possible drawbacks and risks related to e-commerce.
make an evaluation of what you think is the most significant drawback and the most significant risk of engaging in e-commerce and why. Give examples of businesses where the drawbacks of e-commerce outweigh the benefits.