Planning For E-Commerce Initiatives Students Name Institutional Affiliation Date Many businesses have realized the role that the internet has in changing the way that they run their businesses. With the development of technology businesses are making huge profits from selling their products and services through e-commerce. E-commerce is a term that means electronic commerce. It is referred to as electronic because all the businesses activities are completed over the internet. There are many reasons why smart companies are also increasingly using e-commerce. These include increasing their market sales on the already existing markets finding new markets for the purpose of providing better customer service to improve their relationship with their customers through effective and fast communication and also for the purpose of employing new employees’ through advertising the job vacancies over the internet ("Planning for Electronic Commerce " 2018). However these functions vary from business to business depending on with their strategies. Additionally they must be able to list and define their initiatives clearly so that they can easily measure them to determine their impacts on the business. Also very important to consider is their financial stability so that they can early enough know if they will be able to comprehensively implement the e-commerce and be ready for any maintenance costs that maybe required later. Weighing their benefits over the costs also determines the worth of their projects so that they don’t spend so much yet they don’t have any benefits. With proper planning businesses can be able to increase their sales improve customer satisfaction levels reduce the operation costs and also improve their financial position. References Craig R. (2018). Web Initiatives and E-Commerce Strategy. Electronic Commerce. doi:10.4018/9781599049434.ch012 Planning for Electronic Commerce. (2018). Retrieved from http://naljag1.tripod.com/ch12ecom/planning.htm Planning for Electronic Commerce. (2018). Innovative Planning for Electronic Commerce and Enterprises 19-41. doi:10.1007/0-306-47580-4_2 [...]
Read at least three articles that are no more than 12 months old. Apply the content from the articles to planning electronic commerce initiatives. The following requirements must be met: Write between 1,000 – 1,500 words using Microsoft Word in APA 6th edition style. Use an appropriate number of references to support your position, and defend your arguments. The following are examples of primary and secondary sources that may be used, and non-credible and opinion based sources that may not be used. Primary sources such as government websites (United States Department of Labor - Bureau of Labor Statistics, United States Census Bureau, The World Bank), peer reviewed and scholarly journals in EBSCOhost (Grantham University Online Library) and Google Scholar. Secondary and credible sources such as CNN Money, The Wall Street Journal, trade journals, and publications in EBSCOhost (Grantham University Online Library). Non-credible and opinion based sources such as, Wikis, Yahoo Answers, eHow, blogs, etc. should not be used. Cite all reference material (data, dates, graphs, quotes, paraphrased statements, information, etc.) in the paper and list each source on a reference page using APA style. An overview of APA 6th edition in-text citations, formatting, reference list, and style is provided here.