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Impact of E-Commerce on Business Performance in a Business to Business Environment

Impact of E-Commerce on Business Performance in a Business to Business Environment

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DEDICATION

This research material, titled “Impact of E-Commerce on Business Performance in a Business to Business Environment” is dedicated to God for His boundless grace and guidance. It is also a tribute to all computer enthusiasts whose contributions made my research journey smoother and enriched my documentation process, making the experience truly fulfilling.




ACKNOWLEDGEMENT

I am profoundly grateful to everyone who contributed to the successful completion of this project. I am especially grateful to my Supervisor (Name), the Head of Department (Name), and the Lecturers in the Department of Economics for their invaluable guidance and support. I also acknowledge the contributions of authors and scholars whose works on Impact of E-Commerce on Business Performance in a Business to Business Environment provided essential insights. Special thanks go to my study area (and any funding organizations, if applicable) for their financial assistance. I am equally thankful to stakeholders, including mentors, teachers, and colleagues, for their encouragement and support. Finally, I deeply appreciate my family and friends for their patience and unwavering support throughout this journey. Your contributions have been instrumental in making this research a reality.




Impact of E-Commerce on Business Performance in a Business to Business Environment


1.1 Background Of The Study

E-commerce is viewed as the electronic means of production, distribution, marketing, sale or delivery of goods and services .According to (Baker & McKenzie 2001 cited Kaynak et al 2005). Shultz & Baumgartner (2001) e-commerce is viewed as the buying and selling of products, services and information via computer networks”. Globerman et al (2001 cited Kaynak et al 2005) also states that ecommerce involves the contractual agreement between the buyer and the seller and conclusion of that agreement through the payment of goods and services via the electronic means

Watson et al. (1998) provides reasons as benefit of e-commerce .This include low transaction cost, customer service which provides good image of the firm, and increase visibility; to improve customer service, enable market expansion; reduced stakeholder communication costs through on-line transactions and information distribution. The research therefore seek to investigate the Impact of e-commerce on business performance in a business to business environment −


1.2 Statement Of The Problem

2 The World Trade Organization (WTO) provides a definition of E-commerce as the electronic means of production, distribution, marketing, sale or delivery of goods and services .According to (Baker & McKenzie 2001 cited Kaynak et al 2005). Shultz & Baumgartner (2001) e-commerce is viewed as the buying and selling of products, services and information via computer networks”. Globerman et al (2001 cited Kaynak et al 2005) also states that ecommerce involves the contractual agreement between the buyer and the seller and conclusion of that agreement through the payment of goods and services via the electronic means

Watson et al. (1998) provides reasons as benefit of e-commerce .This include low transaction cost, customer service which provides good image of the firm, and increase visibility; to improve customer service, enable market expansion; reduced stakeholder communication costs through on-line transactions and information distribution

The current trend in global trade and commerce show the increasing use of E-Commerce to increase sales globally; however there is also an increase in competition by larger firms’ .Brand Loyalty is also decreasing as customers can readily switch their buying pattern. Low Average Order Values. It often takes several days to locate the ideal product after intensive search. Many ecommerce solutions lack personalization, some are mechanical, and devoid of ‘intelligence ‘and ‘understanding’ Large firms requires. good numbers of consumers requires a more personalized, assisted, shopping experience, which many cannot provide.

Therefore the problem confronting this research is to determine Impact of e-commerce on business performance in a business to business environment


1.3 Objectives Of The Study

To determine the Impact of e-commerce on business performance in a business to business environment

E-commerce is viewed as the electronic means of production, distribution, marketing, sale or delivery of goods and services .According to (Baker & McKenzie 2001 cited Kaynak et al 2005). Shultz & Baumgartner (2001) e-commerce is viewed as the buying and selling of products, services and information via computer networks”. Globerman et al (2001 cited Kaynak et al 2005) also states that ecommerce involves the contractual agreement between the buyer and the seller and conclusion of that agreement through the payment of goods and services via the electronic means

Watson et al. (1998) provides reasons as benefit of e-commerce .This include low transaction cost, customer service which provides good image of the firm, and increase visibility; to improve customer service, enable market expansion; reduced stakeholder communication costs through on-line transactions and information distribution.


1.4 Research Questions

  1. What constitute the nature of eCommerce?
  2. What is the impact of eCommerce on business performance in a business to business environment?

1.5 Significance Of The Study

The study shall elucidate on the impact of eCommerce on the performance of businesses with a view to providing a comparative analysis with the traditional buying and selling practice


1.6 Research Hypothesis

Ho The impact of e-commerce on business performance in a business to business environment is low

Hi The impact of e-commerce on business performance in a business to business environment is low


1.7 Scope Of The Study

The study focuses on the appraisal of the impact of e-commerce on business performance in a business to business environment


1.8 Limitations Of The Study

The study was confronted by some constraints including geographical factor and logistics.


1.9 Definition Of Terms


E-Commerce Defined

E-commerce is viewed as the buying and selling of products, services and information via computer networks”.


Brand Loyalty Defined

This is the faithfulness which the consumers exhibit to a particular brand, with the view of ensuring repeat purchases, irrespective of existing competition.


CHAPTER TWO

2.0 Literature Review

2.1 Introduction

This chapter focuses on the review of related literature. A literature review includes the current knowledge as well as theoretical and methodological contributions to a particular topic. It documents the state of the art with respect to the topic you are writing. It surveys the literature in the topic selected. In this research work the literature review includes the conceputal review, theoretical framework, the review of related literature …

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Defense Procedure for Economics Researchers


In preparation for defending a project or seminar on Impact of E-Commerce on Business Performance in a Business to Business Environment, it is imperative that as a nursing student, you demonstrate comprehensive knowledge of your research. The defense process is structured to include presenting your work, answering questions, and illustrating its pertinence. Initially, provide a succinct yet thorough introduction to your research topic, emphasizing its importance and the objectives, ensuring that both the audience and the External Examiner can understand the scope of your study.


Prior to your defense, be thoroughly acquainted with your research abstract and the critical elements of Chapter One, including motivation for embarking on this research, problem statement, objectives, and significance. In Chapter Two, be ready to cite at least two references from the literature review. For Chapter Three, you should be equipped to discuss the methodologies, tools, and techniques utilized. In Chapter Four, defend your research by justifying the findings and linking them to your research objectives.


Conclude your defense by succinctly summarizing the study and offering insightful, evidence-based recommendations. A professional dress code, such as wearing a suit and tie, is vital to create a favorable impression and elevate your presentation.


During the question and answer segment, the External Examiner may pose questions pertaining to your research. If confronted with a challenging or irrelevant question, respond diplomatically with, “Sorry, Sir/Madam, the question asked is beyond the scope of my study.” Whenever possible, direct your answers back to your research findings to reinforce your expertise.


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