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... Scaleable amount of Internet users has attracted many companies to engage in electronic commerce (e-commerce). In Asia, the tremendous change in infrastructure and economics has pushed more businesses to join this commercial evolution.
The purpose of this paper is to reveal how e-commerce has been developing in the Asia, with the focus on Japan, Hong Kong, Korea and Singapore. In the first part of the paper, there will be a brief background on e-commerce. We will then reveal e-commerce policies different countries have set, and the problems that some countries have met in implementation.
Background of E-Commerce
E-commerce can be described as electronic-based business transactions. ... In fact, e-commerce includes full business process integration from product presentation, order taking, back-end fulfillment to customer service. Electronic commerce is divided into four categories according to their commercial targets: Business-to-Business (B2B), Business-to-Government (B2G), Business-to-Consumer (B2C) and Consumer-to-Consumer (C2C).
Due to the tremendous benefits e-commerce provides, more than millions of companies in the world have involved in this innovative way of running business. E-commerce can lower order-taking cost and catalogue distribution cost by automating processes such as stock taking and ordering processes. ... In e-commerce, resources can also be saved as companies can set up low-cost on-line trading networks to interact with their business partners, vendors, customers and remote offices.
Approximate Word count = 1040
Approximate Pages = 4.2
(250 words per page double spaced)
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