Hello, I am looking for someone to write an essay on E-commerce in Singapur. It needs to be at least 2750 words.In the essay "E-commerce in Singapour", the writer claims that the evolution of the Inte

Hello, I am looking for someone to write an essay on E-commerce in Singapur. It needs to be at least 2750 words.

In the essay "E-commerce in Singapour", the writer claims that the evolution of the Internet and powerful online technology has given way to a new area of commerce known as electronic commerce or e-commerce. E-commerce simply means doing business electronically. In other words, commercial activities are performed online such as buying and selling goods online, electronic funds transfer, and direct consumer marketing. With a large percentage of the population having access to the Internet at home and on the go, consumers are opting to shop online rather than going the conventional way to ‘brick and mortar’ shops. Today, e-commerce is proving to be a fast growing industry in Singapore with many aspiring entrepreneurs launching their business on the Internet. In order to compete with others and to increase market shares, the business organizations implement multiple technologies for shaping their core competencies and for achieving cost effectiveness. In this respect, e-commerce and e-business are two technological advancements which play very significant role in shaping modern trade. It has helped the managers in managing and controlling the challenging tasks of business activities. “According to Andersen Consulting, 80% of European top managers recognize the importance of e-commerce for their competitive edge – not only for marketing and sales but also for purchasing and procurement”. This paper will focus on the use of e-commerce and e-business in the retail industry of Singapore.