Friday, February 28, 2020
The Constraints and Opportunities for an E-Commerce Strategy Assignment - 1
The Constraints and Opportunities for an E-Commerce Strategy - Assignment Example It should also allow the customers to give feedback and share their business experience with others. This helps to attract more customers to your business. The second element is the layout. The layout should help to ease navigation around the website. A simple layout facilitates the navigation process, therefore, allowing customers to easily locate the products and services that they need. It also facilitates the payment process. The third element is the ordering process, which can also be referred to as the shopping cart. This is part of the purchasing process and it should be designed to suit the needs of the customers and the employees. It should be designed in a way that facilitates understanding between the employees and the customer. The business should provide a shopping cart that meets the customersââ¬â¢ needs. The fourth element is the payment process. The website should facilitate the exchange of funds from the employee to the business. One should consider how the custom ers will pay for the products and services by establishing a mode of payment that can easily be transacted by the customer. The payments should also appear real time to eliminate misunderstandings that could arise from delays. The fifth element to consider is the order fulfillment. All transactions that have been paid off should be completed through the delivery of the relevant products and services. This helps to build trust and attract new customers through positive ratings (Clark, 2012). à There are several opportunities that a business can receive from engaging in e-commerce. Firstly, the business is able to target a wide range of customers. The internet has very many users from different backgrounds; therefore, one can easily locate many potential clients using a single interface. Secondly, it is a form of marketing.
Wednesday, February 12, 2020
Multinational Corporation Influences Research Paper
Multinational Corporation Influences - Research Paper Example This structure has individual departments and the workers work in their own area of expertise, and this system enhances the function of each department. Workers have close contact and can share knowledge which is healthy in terms of product advancement and at the same time functional structure is an economical structure. Centralization of this structure causes flexibility problems among different departments.Divisional Structure is flexible in terms of adopting changes, occur in an environment. Each department is responsible for different product and work is always carried out with their individual finances, marketing strategies or warehouses etc. This structure needs a duplication in its resources because the workers of the same field are divided into different departments and thus there no exchange of information or knowledge between workers. Innovative and differentiation strategies are always part of a divisional structure.Matrix Structure is complicated but is the most accurate structure. It has both above-explained structures within itself and works with functional structure with assigned managers for each product. The matrix structure is the most difficult structure to be implemented because of its dual authority as there are sometimes two managers for each product: Product manager and functional manager, but it is very productive for Multinational Corporations. In short matrix structure is a cross functional structure which carries a plentiful space for improvement and innovation before the product is released for market inflow.
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