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Introducing Internet technology to any business allows it to take advantage of the many benefits it offers.
Member rating: No Rating | Words: | Submitted: Fri Jan 28 2005
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Introducing Internet technology to any business allows it to take advantage of the many benefits it offers. The trend of e-business practices can be seen not only in large firms. If more businesses continue to adopt the Internet it may be imperative that SMEs begin plan Internet strategies. Hamish McRae, Associate Editor of the Independent Newspaper predicts 'There will be no such thing as e-business because all business will be e-business. There is no opt-out: to be a success in any part of the commercial world in the future you have to be successful in the electronic aspects of your business as well as the physical ones' (KPMG, 2000). However, Jeffcoate (2000) claims that 'Many small businesses do not formally define, or understand their competitive strategy, a factor that serves to weaken their position in their chosen market.....unlike much larger companies, SMEs taking up E-commerce have very little choice of...
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