Table of Contents
Task 1 ......................................................................................................... 4
Introduction ............................................................................................. 4
Organization ............................................................................................ 4
Types of the organization..................................................................... 5
Private Sector ...................................................................................... 6
Public Sector ..................................................................................... 12
Business Aims and objectives ............................................................... 17
Smart Objectives ............................................................................... 17
Business Aims ................................................................................... 20
Alternative Aims and Objectives ........................................................ 21
Pest Analysis on Ebay........................................................................... 22
4.1. Political ....................................................................................... 22
4.2. Economic .................................................................................... 22
4.3. Social .......................................................................................... 23
4.4. Technological.............................................................................. 24
4.5 External Factors ........................................................................... 24
Stakeholder analysis on CD shop.......................................................... 26
Implementing stake holder analysis ................................................... 28
Task 2 ....................................................................................................... 37
Impact of Ecommerce ........................................................................... 37
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Summary ............................................................................................... 36
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Summary ........................................................................................... 73
Electronic transactions law ................................................................ 73
Consumer protection ......................................................................... 76
Privacy and data protection ............................................................... 77
Online content regulation ................................................................... 77
Cybercrime and cyber security........................................................... 77
Online dispute resolution and domain-name regulation ..................... 78
Summarizing on legal implications ..................................................... 78
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References ............................................................................................... 81
Task 1
Introduction
A social unit of people that is structured and managed to meet a need
or to pursue collective goals. All organizations have a management structure
that determines relationships between the different activities and the
members, and subdivides and assigns roles, responsibilities, and authority
to carry out different tasks. Organizations are open systems--they affect and
are affected by their environment.
Organization
Organization is the foundation upon which the whole structure of
management is built. Organization is related with developing a frame work
where the total work is divided into manageable components in order to
facilitate the achievement of objectives or goals. Thus, organization is the
structure or mechanism (machinery) that enables living things to work
together. In a static sense, an organization is a structure or machinery
manned by group of individuals who are working together towards a common
goal. Alike 'management', the term 'organization' has also been used in a
number of ways. Broadly speaking, the term 'organization' is used in four
different senses: as a process, as a structure of relationship, as a group of
persons and as a system, as given below:
Organization as a Process: In this first sense, organization is treated as a
dynamic process and a managerial activity which is essential for planning
the utilization of company's resources, plant and equipment materials,
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various social, economic & rumen requirements. Following are the main
Private Sector
Individual ownership or Sole Proprietorship.
Partnerships
Joint Stock Companies
Public Sector
Departmental Organizations
Public Corporation.
Government Companies
Private Sector
Individual Ownership:
Ownership
As the name suggests, such type of business is owned & operated by
one person. This is the oldest and simplest form of business organization.
The businessman invests capital, employs labor & machines.
Profit Sharing
Stance owner alone enjoys the profits and suffer the losses in his
business. Therefore, he is the supreme authority to decide into different
matters concerning it his business and has unlimited freedom of action within
legal jurisdiction.
Nature of business
Overall control in single hand helps him in quick decision efficient
administration and working. Such organization owner himself is responsible
personal property.
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for the liabilities. Hence the creditor can collect the money even from the
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act quickly without any bodys advice and can avail the benefit.
Disadvantages
1. Amount of the capital that can be invested is limited; therefore, modern
factory cannot be run with this system of organization.
2. Owner cannot be the master of all techniques management, sales,
engineering processes etc., since work suffers.
3. Due to unlimited liability owner cannot take risk to start a big industry.
4. Limited opportunity for employees because organization is not
permanent.
5. Uncertainty
of
duration
I-e
death
imprisonment
or
insanity
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Advantages of a partnership
It is relatively easy to form but considerable amount of time should be
invested in developing the partnership agreement.
1. It is easier to raise capital compared to a sole proprietorship as there
are more than one investor.
therefore there are no corporate income taxes.
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which have adopted their model of company law, these are known as
unlimited companies. In the United States, they are known simply as "jointstock companies".
Nature of business
Limited financial resources & heavy burden of risk involved in both of
the previous forms of organization has led to the formation of joint stock
companies these have limited dilutives.
The capital is raised by selling shares of different values. Persons who
purchase the shares are called shareholder. The managing body known as;
Board of Directors; is responsible for policy making important financial &
technical decisions.
There are two main types of joint stock Companies.
Private limited company
Public limited company
Real world Example
Today Published Company is a type of Joint Stock Company. It
composes of the shareholders and it profits is shared according to their share
values.
Private limited company: This type company can be formed by two or more
persons. The maximum number of member ship is limited to 50. In this
interfere in the working of the company.
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transfer of shares is limited to members only. The government also does not
Public Sector
Such ownership is the only serious competitor to the joint stock
companies. This form is most suitable for the establishment & development
of modern industries, because of facilities like owner, transport; Credit,
insurance etc. are easily available to them.
The private ownership & the joint stock company gave rise to exploitation of
labors & of the consumers.
the economic unbalance in the nation. It serves as a means to obstruct the
monopolistic tendencies.
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the
governmental
organizations
have
following
essential
characteristics;
1.
2.
3.
4.
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2. Such organizations are suitable for public utility serviced & defense
industries.
3. Because of the government control, complete secrecy is possible like
in ordinance factories etc.
Disadvantages
1. Because of bureaucratic control generally timely decision are not
taken.
2. Government officials prefers to work according to certain rules &
regulation & thus it becomes difficult to ring out major modifications is
innovation etc.
3. Lack of initiative because promotions are seniority based rather than
merit based.
Public Corporations
Ownership
A public corporation is wholly owned by the Government center to
state. It is established usually by a Special Act of the parliament. Special
statute also prescribes its management pattern power duties & jurisdictions.
Though the total capital is provided by the Government, they have separate
entity & enjoy independence in matters related to appointments, promotions
etc.
Nature of Business
A public organization is a state-run organization. It is government
state provisions, but in some cases an alternative tax will. A public service
organization is an organization with an aim of providing services for the
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controlled and is paid for by public taxation. Usually a general tax will pay for
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Smart Objectives
The establishment of all objectives should be created using the
S.M.A.R.T. philosophy. What do we mean by an S.M.A.R.T. objective?
S.M.A.R.T. is an acronym that is used to guide the development of
measurable goals. Each objective should be:
Specific
Measurable w/Measurement
Achievable
Time-Oriented
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Realistic
Smart Objectives
Specific
Specific answers the questions "what is to be done?" "How will you
know it is done?" and describes the results (end product) of the work to be
done. The description is written in such a way that anyone reading the
objective will most likely interpret it the same way.
To ensure that an
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Measurable /Measurement
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end point or due date is the actual end of the task, or sometimes the end
Business Aims
The main aims that a business might have are:
Survival a short term objective, probably for small business just starting
out, or when a new firm enters the market or at a time of crisis.
Profit maximization try to make the most profit possible most like to be
the aim of the owners and shareholders.
Profit satisficing try to make enough profit to keep the owners comfortable,
probably the aim of smaller businesses whose owners do not want to work
longer hours.
Sales growth where the business tries to make as many sales as possible.
This may be because the managers believe that the survival of the business
depends on being large. Large businesses can also benefit from economies
of scale.
A business may find that some of their aims and objectives conflict with
one and other: Growth versus profit: for example, achieving higher sales in
the short term (e.g. by cutting prices) will reduce short-term profit. Short-term
versus long-term: for example, a business may decide to accept lower cash
flows in the short-term whilst it invests heavily in new products or plant and
equipment. Large investors in the Stock Exchange are often accused of
performance rather than investing in a business for the long-term.
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another one (e.g. survival in the first year may lead to an objective of
4.2. Economic
Interest and Exchange Rates
A future instability in Exchange rates would have heavy effects on
eBay. Interest rates would also be affected by the instability and therefore
affect eBay in bad ways.
Economy Situation and trends
performance. Another Wall Street crash would probably devastating effects
on eBay while a second boom e-commerce would make eBays profit rocket.
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Taxation
Taxation might affect eBay in two ways. First of all higher taxing of their
profit might be possible. Secondly and more importantly if taxation for every
sale in online auction houses would be introduced this would seriously
damage eBay.
4.3. Social
Lifestyle Trends
Further integration of the Internet in the daily life will be a major issue
in the next years. This is a great opportunity for eBay and will affect them
very positively.
Consumer buying patterns
Consumer might develop completely different buying patterns meaning
that they might start buying everything online and getting it delivered. EBay
could make use of this and find new markets.
Brand image
EBays brand image might suffer over time and their competition might
then overtake their position as market leader.
Demographics
In some countries the population is becoming older and in some
younger. Older generations might not show much interest in a service like
eBay while younger generations generally show more interests in
innovations. This means that older societies might not be such a market for
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4.4. Technological
Consumer buying mechanism
In future buying of products will more and more take place on online
platforms. EBay might be able to take advantage of this by finding new
markets and increasing their market share.
Innovation potential
If innovations come, which they will, and eBay does no steps towards
them, one of their competitors will do so and maybe even inherit eBays
position as market leader
Patents
EBay might be confronted with further patent or licensing issues, which
can do them major harm. In very bad cases this could mean that eBays
earnings are cut down to large percentages because they go to patent
owners.
The Internet has had a major influence on the ways consumers and
businesses research and purchase products. Whereas in the early and mid1990s, it was rare for consumers to consider cross-border purchases this is
now becoming common via services such as eBay, with the result that even
small businesses can now serve a global market.
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customers.
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meet these changes, e.g. taking sugar out of childrens drinks, because
parents feel their children are having too much sugar in their diets.
The business also needs to be aware of their social responsibilities.
These are the way they act towards the different parts of society that they
come into contact with.
Legislation covers a number of the areas of responsibility that a
business has with its customers, employees and other businesses. It is also
important to consider the effects a business can have on the local
community. These are known as the social benefits and social costs.
A social benefit is where a business action leads to benefits above and
beyond the direct benefits to the business and/or customer. For example, the
building of an attractive new factory provides employment opportunities to
the local community.
A social cost is where the action has the reverse effect there are
costs imposed on the rest of society, for instance pollution.
These extra benefits and costs are distinguished from the private
benefits and costs directly attributable to the business. These extra cost and
benefits are known as externalities external costs and benefits.
Governments encourage social benefits through the use of subsidies
and grants (e.g. regional assistance for undeveloped areas). They also
discourage social costs with fines, taxes and legislation. Pressure groups will
also discourage social costs.
"Stakeholder management is critical to the success of every project in
every organization I have ever worked with. By engaging the right people in
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the right way in your project, you can make a big difference to its success...
and to your career."
As you become more successful in your career, the actions you take
and the projects you run will affect more and more people. The more people
you affect, the more likely it is that your actions will impact people who have
power and influence over your projects. These people could be strong
supporters of your work or they could block it.
Stakeholder Management is an important discipline that successful
people use to win support from others. It helps them ensure that their projects
succeed where others fail.
Stakeholder Analysis is the technique used to identify the key people
who have to be won over. You then use Stakeholder Planning to build the
support that helps you succeed.
The benefits of using a stakeholder-based approach are that:
You can use the opinions of the most powerful stakeholders to shape
your projects at an early stage. Not only does this make it more likely
that they will support you, their input can also improve the quality of
your project
Gaining support from powerful stakeholders can help you to win more
resources this makes it more likely that your projects will be
successful
By communicating with stakeholders early and frequently, you can
ensure that they fully understand what you are doing and understand
when necessary
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the benefits of your project this means they can support you actively
You can anticipate what people's reaction to your project may be, and
build into your plan the actions that will win people's support.
each stakeholder.
The steps of Stakeholder Analysis are explained below:
Step 1 Identify Your Stakeholders
The first step in your Stakeholder Analysis is to brainstorm who your
stakeholders are. As part of this, think of all the people who are affected by
your CD selling organization, who have influence or power over it, or have
an interest in its successful or unsuccessful conclusion.
The table below shows some of the people who might be stakeholders
in Myanmar CD World:
Stakeholder Analysis
External Stakeholder
Owner
Customer
Shareholder
Suppliers
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Internal Stakeholder
Manager
Business Partners
Technical team
Industrial Experts
Sales Staff
Government
Customer Service
Journalist
responsibilities,
roles,
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Internal stakeholders/
Owner
Shareholders
Roles and
Importance of a good
Concerns
responsibilities
relationship
Strategically plan
Improved productivity
campaigns. Make
and no understanding
of their stakeholders
their strong
on corporate memory
communication of
leadership values.
organization.
Involved in different
Improved access to
Expect an appropriate
areas of campaign
information to better
understand business
to budgeting and
organizing of materials.
affect an organization.
Shareholders also have
the right to vote at
company meetings and
good communication
will help ensure they
vote in line with the
management.
Managers
Clear communication
That staff/team
specified process is
reduces communication
parts in it.
advice in the
stakeholders in a
completion of your
consistent manner if
project.
Employees ( Technical
Pleasant working
Customer Service)
processes of your CD
understanding of who is
campaigns and
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messages.
completed.
changes to be made in
throughout your
business.
External Stakeholder
To completely perform the successful pathway of the Myanmar CD
World, the external providers (stakeholders) are also need to perform
together with the internal stakeholders. As the nature of the external, their
responsibilities are intent to provide and perform from the external view of
Myanmar CD world.
External Stakeholder
Roles and
Importance of a good
Concerns
responsibilities
relationship
The organizations
clients or customers
these stakeholders in
offers.
business to succeed
Business Partner )
quality resources at
reasonable prices.
information about an
designers or printers.
Require clear
communication about
or unprofessional way.
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Industry experts
Government bodies
organization or its
products/services and
or your products/
or your
products/services.
authority.
do so.
Legislate to regulate
Good corporate
other penalties on
do.
organizations that
environment.
Journalists
organization or its
products and/or
suggest in a positive
organization or its
services.
manner.
products/services.
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For example, your boss is likely to have high power and influence over
your projects and high interest. Your family may have high interest, but are
unlikely to have power over it.
Someone's position on the grid shows you the actions you have to take
with them:
High power, interested people: these are the people you must fully
engage and make the greatest efforts to satisfy.
High power, less interested people: put enough work in with these
with your message.
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people to keep them satisfied, but not so much that they become bored
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Summary
Beside the stakeholders, in order for a business to succeed and gain
the competitive edge, the business must know what changes are indeed
occurring, and what changes might be coming up in the future. I guess you
might call this forecasting. Thus, critical to the business is what we call
"informational resources." It is the collection and analyzation of data. Some
examples of critical information might include the following:
Competition (what are they doing?)
Customer behavior (needs, wants, and desires)
Industry outlook (local, national, global)
Demographics (the change populations, there density, etc.)
Economy (are we peaking, or moving negatively)
Political movements and/or interference
Social environment
Technological changes
General environmental changes
The above are just some issues organizations must be on top of. Well
it's never easy, but businesses that are successful include all of the above
(and more), to develop the appropriate tactics, strategies, and best practices,
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Task 2
Impact of Ecommerce
Impacts on Direct Marketing of Myanmar CD
World
Product promotion E-commerce
It enhances promotion of products and services through direct,
information-rich, and interactive contact with customers.
New sales channel E-commerce
It creates a new distribution channel for existing products. It facilitates
direct reach of customers and the bi-directional nature of communication.
Direct savings
The cost of delivering information to customers over the Internet results
in substantial savings to senders when compared with non electronic
delivery. Major savings are also realized in delivering digitized products
versus physical delivery.
Reduced cycle time
The delivery of digitized products and services can be reduced to
seconds. Also, the administrative work related to physical delivery, especially
across international borders, can be reduced significantly, cutting the cycle
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Customer service
Customer service can be greatly enhanced by enabling customers to
find detailed information online. Also, intelligent agents can answer standard
e-mail questions in seconds and human experts' services can be expedited
using help-desk software.
Corporate image
On the Web, newcomers can establish corporate images very quickly.
Corporate image means trust, which is necessary for direct sales. Traditional
companies such as Intel, Disney, Dell, and Cisco use their Web activities to
affirm their corporate identity and brand image.
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Nevertheless, electronic cash is certain to come soon and it will change the
manner in which payments are being made. In many ways, electronic cash,
which can be backed by currency or other assets, represents the biggest
revolution in currency since gold replaced cowry shells. Its diversity and
pluralism is perfectly suited to the Internet. It could change consumers'
financial lives and shake the foundations of financial systems and even
governments.
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than direct to- consumer e-commerce is that B2B transactions developed out
of the electronic data interchange (EDI) networks of the 1970s and 1980s.
The steady growth in business-to-business e-commerce has changed
the cost and profit picture for companies worldwide. At the microeconomic
level, growth of B2B e-commerce results in a substantial reduction in
transaction costs, improved supply chain management, and reduced costs
for domestic and global sourcing. At the macroeconomic level, strong growth
of B2B e-commerce places downward pressure on inflation and increases
productivity, profit margins, and competitiveness.
Double-digit growth for B2C
E-commerce retail has become the fastest growing trade sector and
has outpaced every other trade and manufacturing sector since 1999, when
the U.S. Census Bureau started collecting and publishing data on ecommerce. That year, e-commerce retail sales represented less than 1
percent of total U.S. retail sales. In 2003 that number climbed to a little less
than 2 percent; by 2008 it had grown to 3.6 percent, and by the fourth quarter
of 2010 B2C e-commerce reached 4.4 percent of total U.S. retail sales. In
dollar terms, e-commerce retail revenue currently stands at approximately
US $165 billion, considerably less than the US $3.9 trillion that represents
the total U.S. retail market.
During the "Great Recession," which lasted from December 2007
through June 2009, manufacturing, wholesale, and bricks-and-mortar retail
fully recovered, even though U.S. gross domestic product (GDP) and
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sales took a heavy beating. By the fourth quarter of 2010 they still had not
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they can gain access to a variety of goods 24 hours a day, seven days a
week.
The characteristics of retail e-commerce merchandise also have
changed significantly over the past decade. Back in 2000, computer
hardware was the most common type of merchandise sold over the Internet.
Today, the variety of merchandise is extremely diverse, and shoppers can
buy almost anything online.
Online shoppers have benefited in other ways. The growth of ecommerce retail sales has reduced consumers' search cost, placed
downward pressure on many consumer prices, and reduced price dispersion
for many consumer goods. But this has led to a substantial decrease in the
number of small companies operating in certain industries, as they tend to
be less involved with e-commerce. Larger businesses, most notably retail
book outlets, new automobile dealerships, and travel agents, are better able
to compete in this new market environment.
The extremely rapid growth of e-commerce retail sales has provided a
major boost to residential parcel delivery services. That's because online
merchandise purchases involve some form of residential delivery by a thirdparty vendor such as FedEx, UPS, or the U.S. Postal Service. In addition,
there appear to be considerable synergies related to B2C parcel and heavier
freight volumesparcel industry insiders have observed that businesses
with strong e-commerce related B2C parcel shipment volumes often have
stronger B2B shipment volumes than those that do not engage in B2C e-
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commerce.
Conclusion
E-commerce had a great effect on the development of global economy
in developing countries. Small firms are gaining more profits by using ecommerce for making transactions with the clients. By utilizing ICTs facilities
reduction will encourage the firms to extend the number of transactions they
conduct across both organizational and geographical boundaries. Many
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developing countries are not able to utilize the efficiencies and potentialities
of internet marketing. By using the internet in developing countries only very
little business had been takes place with new customers/suppliers. Many
industries in the developing countries are not able to utilize the B2B ecommerce effectively. Trust is very important in the development of e-market
otherwise everyone will lose trust and it will become more complex rather
than utilizing its benefits. Banks and financial services companies in the
developing countries will need to adopt online payment systems commerce.
In the development of the e-commerce the government should also play a
key role by becoming Internet and business friendly and set Internet access
and use as a priority.
Drawbacks of E-Commerce
Investing in e-commerce has a number of drawbacks, most notably
those impacting the limits of its success on the global marketplace. The
primary concern for companies operating in the e-commerce field is
language barriers. While English has become the dominant form of
communication on the Internet, the majority of the world does not speak the
language. Other things to look at are the cultural barriers present between
certain distributors and purchasers. For example, business in many Eastern
Asian nations is usually conducted on a more personal basis. This limits the
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Task 3
Why E-commerce is important
Before considering why e-commerce is important, we need to divide this
title into global and local.
Why e-commerce is important in global market?
Why e-commerce is important in local market?
So lets analyses them, why e-com is important? Theres need to consider
the e-commerce market potential and its current market in both sectors
(global and local). Without the holding of the market share, e-commerce will
not survive anymore.
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investment opportunities.
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increasing demand for luxury goods. Neiman Marcus got all the information
it needed without entering into expensive real estate contracts or trying to
navigate the complexity of tier 2 and tier 3 cities. French luxury retailer Louis
Vuitton Moet Hennessy (LVMH) used a similar strategy, acquiring Sack's,
Brazil's leading online beauty retailer, to develop local recognition of its
Sephora cosmetics line.
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13%
Mexico
19%
Chile
27%
Russia
16%
Brazil
19%
China
78%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
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to $44 in the rest of Latin America. Over the next five years, Chile's online
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open their own digital Luiza stores on Facebook and Orkut and sell products
2014
2013
2012
2011
0%
10%
Asia-Pacific
20%
30%
America
40%
Europe
50%
60%
70%
Latin America
80%
90%
100%
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marketsChina,
India
and
Indonesiawill
see
faster
ecommerce sales growth than all other markets worldwide this year, while
Japan will continue to take a large share of global sales.
Our Region Main Driver
China, unsurprisingly, is the primary driver of growth in the region. The
country will surpass Japan as the worlds second-largest ecommerce market
this year, taking an estimated 14% share of global sales, as its total reaches
$181.62 billion, up 65% from $110.04 billion in 2012.
The US will remain the single country with the largest share of
worldwide ecommerce spending, at 29.6% in 2013down from 31.5% in
2012 despite relatively strong growth. This will continue throughout the
forecast period, though China is closing the gap fast. In 2016, China will have
22.6% of the worldwide market, vs. 26.5% in the US.
in the worldnearly 220 million in 2012, according to eMarketera result of
increasing internet penetration; a burgeoning middle class with growing trust
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China also boasts the highest number of people who buy goods online
Our Country
Our country is one of the developing country in Asia and our
government are trying to shape our policy to the democracy country. So
many polices and laws are changed and also changing for any business to
develop our nation. Moreover lets analysis our internet usage.
Category
2011
2012
2013 (e
1.1%
1.1%
1.2%
0.03%
0.04%
11%
14%
(population)
Internet
services:
Fixed
subscriber 0.03%
penetration (population)
Mobile services: Subscriber penetration 3%
(population)
Myanmar has a population of more than 60 million people yet mobile
and fixed line penetration levels among the lowest anywhere in the world.
With mobile user levels thought to be at around 10% and internet and fixed
line usage in the region of 2% - but a Government target of 80% by 2016
the market offers unequalled opportunities.
The Government has already shown its commitment with the granting
of two mobile licenses and this is sending a strong message to the world that
Myanmar is committed to infrastructure development on a truly massive
today that can provide such an opportunity to vendors, innovators and
solutions providers across a great amount of range for e-commerce.
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scale. I doubt there is another country of similar size anywhere in the world
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another. The key, then, is ensuring that you have a strategy appropriate for
your unique business needs.
What Happens without Strategy?
Best case scenario, nothing. But the worst case scenario could cause
a breach of customer information resulting in the loss of customer trust, large
fines, bad press, and other associated horror stories. Imagine a great
marketing opportunity that gets your website or product a prominent media
mention. When hordes of eager customers come knocking at your site,
theres no answer because your site crashed under the load. Weve all heard
stories of large-scale security breaches that damage a companys reputation
and stock price. Many of these types of disasters arise from an incomplete
or non-existent strategy.
Starting with a sound ecommerce strategy helps you identify and plan
for gaps, account for compliance, and support customer experience by
thoroughly considering all the moving parts of your store.
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Ecommerce sites have three ways to meet the PCI DSS requirements.
Merchants can either:
use a payment gateway which involves integration with an Application
Program Interface (API) to facilitate the transmission of the Primary
Account Number with or without the storage of this information;
transmit and store the Primary Account Number internally; or
Choose to outsource the transmission, storage and/or processing of
payment data.
Ultimately, the route an organization takes to meet the requirements of
PCI-DSS is a business decision and should be evaluated carefully. Each
approach has benefits and downfalls to consider.
96% of businesses in 2012 that were subject to PCI DSS and suffered a
breach were not in compliance.1
PCI Compliance
Ecommerce transactions must be performed in a way that helps build
consumer trust by limiting the risk of fraudulent activities, while ensuring the
privacy of consumer information. The reality, however, is that since 2005, the
Privacy Rights Clearinghouse has recorded over 152 million breached
records resulting from retail transactions in the U.S. alone.2 These records
include credit card numbers, personally identifiable information, or other
cardholder data that was lost, stolen, or accessed without authorization.
PCI Benefits to Business
To minimize this risk, the Payment Card Industry (PCI) created a
SSC), charged with setting and maintaining the Payment Card Industry Data
Security Standards (PCI DSS). PCI DSS helps alleviate the vulnerabilities
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Scalability
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management burdens. Choose a public cloud for low cost or private cloud
for workloads subject to stringent security or compliance mandates.
On-premises: Puts the burden of hardware, security, performance, and
scale on your IT team and your budget giving you ultimate control with all the
headaches that accompany being responsible for the entire ecommerce
infrastructure.
Hybrid Cloud: Combines on-premises or dedicated hardware with
cloud resources to achieve cloud efficiencies while meeting certain security
or compliance needs. In a hybrid environment, a retailer can opt to move
certain workloads, like email or content delivery to the cloud while
maintaining control over other critical systems best run on dedicated or onpremises gear.
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Users access site using an internet browser and their desktop, mobile,
or tablet device
Request travels over the Internet (caching name servers/root name
servers)
Technical:
Registered URL configured to resolve to a Public IP Address through
DNS then IP resolved to an Internet Service Provider (ISP)
IP Address request sent through a series of routers to your data center
IP Address and port number (80-http/443-https) travel through a series
of switches.
Web service server accepts the request and responds with content or
sends a request to a database server.
Information travels back to the customer for each request
Customer:
Views the requested data
Makes a decision to continue browsing the site
Adds an item to the web application/shopping cart
Continues to the check-out process
Technical:
Checkout and/or site registration process must adhere to privacy
regulations
Payment gateways must meet compliance guidelines
Confirm payment method used
Generate purchase confirmation
Transactional and order follow-up communication
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Business:
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and needs to be tied to your goals and the requirements of those goals.
The average site visitor never considers most items in the inventory,
but the inventory must capture as much informationhigh-level and granular
detailsto formulate a solid site strategy for a seamless experience. What
customers will notice is the sites ease of use, its accessibility, its
performance and its availability, none of which are listed on the inventory.
The educated consumer might also pay attention to the privacy or
chargeback policy, the lock or green bar image on the browser (Extended
Validation), the available payment options, or even the ability to purchase
over a mobile device (M-commerce). A well-developed inventory guides the
strategy that delivers a superior user experience. It can also uncover areas
for improvement and those areas no one thinks about until something goes
wrong, like security or shopping cart functionality.
Creating a vetted inventory is exhausting, however its an important
first step to understanding how all of the sites pieces work together. Once
youve completed this inventory, youll have a better understanding of what
you need to do to implement the technologies and processes needed to
support your site.
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gained a 58% increase in conversions between 2011 and 2012. If your site
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Also this law will be replaced with new Electronic Transactions Law soon
by the responsible government personnel.
The aims of this Law
a) To support with electronic transactions technology in building a
modern, developed nation;
b) To obtain more opportunities for all-round development of sectors
including human resources, economic, social and educational sector
by electronic transactions technologies;
c) To recognize the authenticity and integrity of electronic record and
electronic data message and give legal protection thereof in matters of
internal and external transactions, making use of computer network;
d) To enable transmitting, receiving and storing local and foreign
information simultaneously, making use of electronic transactions
technologies;
e) To enable communicating and co-operating effectively and speedily
with international organizations, regional organizations, foreign
countries,
local
and
foreign
government
departments
and
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b) In using the certificate issued for electronic signature during the period
granted, take care to be completely accurate and correct with respect
to facts relevant to him or facts that are to be inserted;
c) If the secrecy of decryption of the electronic signature (Electronic
signature means any symbol or mark arranged personally or on his
behalf by electronic technology or any other similar technologies to
verify the authenticity of the source of the electronic record and the
absence of amendment or substitution) has been compromised or is in
a situation where compromise may possibly occur, inform the persons
who are related to his electronic signature as arranged by the
certification authority or by any suitable arrangement without delay.
d) The subscriber shall be responsible for the consequences of the loss
and damage to be caused by his failure to comply with the provisions
of section 17.
Penalty
The under mentioned are for legal protection and responsibilities of all
the stakeholders of an E-commerce businesses. It is called Offences and
Penalties in the law. These are Whoever commits any of the following acts shall, on conviction be
punished with imprisonment for a term which may extend to 5 years or with
fine or with both:
a) Sending, hacking, modifying, altering, destroying, stealing, or causing
loss and damage to the electronic record, electronic data message, or
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Consumer protection
stage. However, in November 2012 the Ministry of Commerce reported that
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and lets stand the one of the originals of Myanmar e-commerce CD selling
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References
http://www.businessdictionary.com/definition/organization.html#ixzz2
vCMw748H
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http://www.aboutcivil.org/types-of-business-organizations.html
http://www.studyfinance.com/lessons/busorg/
http://www.buzzle.com/articles/type-of-organizational-structures.html
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http://cec.vcn.bc.ca/cmp/modules/pd-smar.htm
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your-ecommerce-strategy
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http://www.emarketer.com/Article/Ecommerce-Sales-Topped-1Trillion-First-Time-2012/1009649
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http://www.developingtelecoms.com/events-overview/event-newsupdates/4827-myanmar-to-stage-first-infrastructure-and-mobileevent-in-2014.html
http://www.developingtelecoms.com/events-overview/event-newsupdates/5142-deputy-minister-of-communications-to-open-mobilepayments-and-e-commerce-summit-this-week.html
http://www.developingtelecoms.com/business/deals/121operators/5133-ooredoo-formally-accepts-licence-to-operate-inmyanmar.html
http://www.developingtelecoms.com/tech/apps-services-devices/71mfs-to-myanmar-s-unbanked.html
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mobile-finance/5116-oberthur-and-myanmar-mobile-money-bringing-
http://www.developingtelecoms.com/tech/networks-infrastructure/33wireless-networks/5007-myanmar-infrastructure-upgradecompleted.html
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Association of Southeast Asian Nations.pdf
Pearson on behalf of the Skills Funding Agency, Unit 13: Develop
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