Hey there! Sign in to join this conversationNew here? Join for free
x Turn on thread page Beta

How do stakeholders benefit from e-commerce? watch

Announcements
    • Thread Starter
    Offline

    2
    ReputationRep:
    Anyone able to just give me some bullet point help for examples of how stake holders benefit from e-commerce? I'm really struggling with this particularly question.
    Offline

    1
    ReputationRep:
    This is some of the stuff I got on stakeholders.
    Attached Images
      
    Offline

    0
    ReputationRep:
    Consumers are affected as there’s greater choice and wider availability not just the sheer variety of products, but also how they can be accessed (e.g. Mobile, app, online) - Lower transactions costs & higher price transparency. E.g. Price comparison sites such as go compare. Have made it easier for customers to quickly compare prices. - Need for greater protection with the wide range of bank details given to e-commerce companies such as Sony’s previous data breach. - Finally more bargaining power as the internets given consumers the ability to express concern and display affection in the form of reviews.
    u Employees e-commerce requires employees to have different skills, since e-commerce has a fundamental impact on all a firm’s operations. Is there a growing digital skills gap? A recent report suggested that over 12 million people, and a million small businesses in the UK do not have the skill to compete in the digital era. Woking conditions : seasonal peaks in e-commerce transactions can mean more extensive use of temporary labour; some concerns about how such staff are treated (e.g. Panorama expose on Amazon working practises Suppliers. There’s greater need for integration of the supply chain: links with impact on operations. Much more sophisticated IT systems, greater use of JIT supplies. Some suppliers can now use e-commerce to transact directly with customers - disintermediation. Reduced bargaining power of suppliers? Potentially significant in the B2B market - customers find it much easier to source supplies and compare supplier pricesmpacts on society and others. Governments see e-commerce as a major driver of economic growth and job creation. UK government particularly keen to provide incentives to encourage the development and growth of digital firms. Concerns about tax avoidance: E.g. Google Tax ('diverted profits tax) as some of the largest global e-commerce businesses seem to be taking advantage of different tax regimes in their trading countries.
    Offline

    1
    ReputationRep:
    (Original post by lucasmillar12)
    Consumers are affected as there’s greater choice and wider availability not just the sheer variety of products, but also how they can be accessed (e.g. Mobile, app, online) - Lower transactions costs & higher price transparency. E.g. Price comparison sites such as go compare. Have made it easier for customers to quickly compare prices. - Need for greater protection with the wide range of bank details given to e-commerce companies such as Sony’s previous data breach. - Finally more bargaining power as the internets given consumers the ability to express concern and display affection in the form of reviews.
    u Employees e-commerce requires employees to have different skills, since e-commerce has a fundamental impact on all a firm’s operations. Is there a growing digital skills gap? A recent report suggested that over 12 million people, and a million small businesses in the UK do not have the skill to compete in the digital era. Woking conditions : seasonal peaks in e-commerce transactions can mean more extensive use of temporary labour; some concerns about how such staff are treated (e.g. Panorama expose on Amazon working practises Suppliers. There’s greater need for integration of the supply chain: links with impact on operations. Much more sophisticated IT systems, greater use of JIT supplies. Some suppliers can now use e-commerce to transact directly with customers - disintermediation. Reduced bargaining power of suppliers? Potentially significant in the B2B market - customers find it much easier to source supplies and compare supplier pricesmpacts on society and others. Governments see e-commerce as a major driver of economic growth and job creation. UK government particularly keen to provide incentives to encourage the development and growth of digital firms. Concerns about tax avoidance: E.g. Google Tax ('diverted profits tax) as some of the largest global e-commerce businesses seem to be taking advantage of different tax regimes in their trading countries.
    nice, seems solid. what bullet points have you done so far?
    • Thread Starter
    Offline

    2
    ReputationRep:
    (Original post by lucasmillar12)
    Consumers are affected as there’s greater choice and wider availability not just the sheer variety of products, but also how they can be accessed (e.g. Mobile, app, online) - Lower transactions costs & higher price transparency. E.g. Price comparison sites such as go compare. Have made it easier for customers to quickly compare prices. - Need for greater protection with the wide range of bank details given to e-commerce companies such as Sony’s previous data breach. - Finally more bargaining power as the internets given consumers the ability to express concern and display affection in the form of reviews.
    u Employees e-commerce requires employees to have different skills, since e-commerce has a fundamental impact on all a firm’s operations. Is there a growing digital skills gap? A recent report suggested that over 12 million people, and a million small businesses in the UK do not have the skill to compete in the digital era. Woking conditions : seasonal peaks in e-commerce transactions can mean more extensive use of temporary labour; some concerns about how such staff are treated (e.g. Panorama expose on Amazon working practises Suppliers. There’s greater need for integration of the supply chain: links with impact on operations. Much more sophisticated IT systems, greater use of JIT supplies. Some suppliers can now use e-commerce to transact directly with customers - disintermediation. Reduced bargaining power of suppliers? Potentially significant in the B2B market - customers find it much easier to source supplies and compare supplier pricesmpacts on society and others. Governments see e-commerce as a major driver of economic growth and job creation. UK government particularly keen to provide incentives to encourage the development and growth of digital firms. Concerns about tax avoidance: E.g. Google Tax ('diverted profits tax) as some of the largest global e-commerce businesses seem to be taking advantage of different tax regimes in their trading countries.
    So for example how does customers having more greater choice and wider availability affect stakeholders in this particular question scenario?

    EDIT: Nevermind was getting mixed up between stakeholders and shareholders *facepalm*
    Offline

    0
    ReputationRep:
    (Original post by Raihan.)
    nice, seems solid. what bullet points have you done so far?
    Notes on all of them but Essays on the first 3 you?
    Offline

    1
    ReputationRep:
    (Original post by lucasmillar12)
    Notes on all of them but Essays on the first 3 you?
    Just finishing up BP6. Would you like to exhange research after im done?
    • Thread Starter
    Offline

    2
    ReputationRep:
    (Original post by lucasmillar12)
    Notes on all of them but Essays on the first 3 you?
    (Original post by Raihan.)
    Just finishing up BP6. Would you like to exhange research after im done?
    I would be interested in seeing either of yours research if any of you would be ok with that?
 
 
 
Reply
Submit reply
Turn on thread page Beta
Updated: May 7, 2016
Poll
Do I go to The Streets tomorrow night?

The Student Room, Get Revising and Marked by Teachers are trading names of The Student Room Group Ltd.

Register Number: 04666380 (England and Wales), VAT No. 806 8067 22 Registered Office: International House, Queens Road, Brighton, BN1 3XE

Write a reply...
Reply
Hide
Reputation gems: You get these gems as you gain rep from other members for making good contributions and giving helpful advice.