E-commerce

After looking at the different types of business information systems, I chose to cover E-commerce. E-commerce E-commerce as an information system for a company is something that can be very valuable for them. It is something that is very appealing to businesses of all sizes. From large to small business E-commerce gives them the opportunity to market and sell at a low cost. This gives small businesses the opportunity to compete worldwide.

E-commerce has made the exchanges between the business-to-business, business-to-consumers, and consumer-to-consumer effortless. With improvements in technology it also offers E-commerce opportunities to expand their network. This involves the evolution of M-commerce. Which is where mobile phones are used to conduct business. It is becoming more and more popular by both businesses and consumers.

With the evolution of E-commerce, simply daily business activities have had a step removed. Instead of having to get approval on large orders, employers can now go directly to a supplier’s web site and order the information they need directly from the catalog. With the change in companies systems, E-commerce is creating many new business opportunities.

E-commerce is also drawing many people to a new company, which is helping to increase their stock prices and market values. People like the convenience of being able to shop from home, but they also like when they have the chance to pick up that item from the store so they do not have to wait or pay for shipping.

In a Business Information System, such as E-commerce, four components are represented. These components are input, processing, output, and feedback. E-commerce makes imputing data for a company a lot easier. You can easily keep a computer system to tell what items are being sold and what items you are getting in without having to do a manual count. Processing of data is made easier with the E-commerce system. With a computer you can easily process and compare data using calculations. E-commerce allows the output of the information you have very easy to be received. You can easily turn your data into organized documents using a computer. E-commerce offers feedback for business and consumers in very different ways. For consumers you can now leave on-line comments to review a product, which not only gives other prospective customers an idea if the want to buy it, but it gives the business and opportunity to review the feedback and make changes to improve the product.