list 2 advantages and 2 disadvantages of e commerce?

Answer 1

Advantages for end-users:
1. Many choice and alternatives
2. Reduce search cost
3. Convenience
4. More complete information of the material facts about the product beforehand
5. Low switching costs between different sellers

Disadvantages for end-users:
1. Need to be computer tech/ Internet savvy
2. Security problems: Privacy, Authorisation, Authentication, Integrity, Non-repudiation (PA2IN)
3. Bandwidth problem
4. Information overload
5. Web pages compatability and file format support
6. Interoperability of e-commerce systems/ payment transfers
7. High shipping costs
8. Fraud and cybercrimes, e.g. identity thief
9. Currency exchange issue
10. Poor consumer protection - consumer must consent to use of electronic records of confidential information
11. Misleading factual compilations

Advantages for organisations:
1. Availability of business - 24x7x365
2. Cost reduction in operation
3. Reduce transaction costs
4. Improve customer service and communication
5. Competitive advantage
6. Increased sales from new online sales leads giving rise to increase revenue
7. Able to identify potential new partners easier
8. A faster opportunity for products/ service branding
9. Disintermediation - cutting out the middlemen
10. Faster possibility of stock output

Disadvantages for organisations:
1.Losing the bargaining power of products and/or services to buyers
2. Legal and Intellectual Property Rights issues
3. Webpages translation - 43% of Internet users are non-English speakers
4. Low barriers of entry for new competitors
5. Greater need for technical employees in organisation
6. Greater reliance on ASPs (Application Service Providers) and outsourcing
7. Theft of proprietary information by insiders and outsiders
8. Denial of service
9. Fast "Burn Rate" - the speed at which dot-coms spend investors' money.
10. High "Churn Rate" - The proportion of customers (typically subscribers) that no longer purchase a company's products in a time period.

Answer 2

Disadvantages Of Disintermediation

Answer 3

Advantages: It encourages free thinking. Even Buddha said to question everything. It is a very peaceful and tranquil spiritual path. Disadvantages: The only one I can think of is that I live in the southern USA and there are no Buddhist temples even remotely near me.

Answer 4

Advantages:
* Wider reach: you get customers from across the globe
* Customers need not leave their offices/home to buy something
Disadvantages
* Fraud... Fraud....Fraud.. It can happen any time
* Some Customers want to have the feel of the product... you lose them

Answer 5

advantages

broader cliental base
make your own hours

disadvantages
dealing with peoples credit cards
working all hours :) lol

Answer 6

importation of non-domestic products
international cooperation

trade imbalances
excessive tariffs