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What are the objectives of the present strategy that has been undertaken by the organization as far as the aspect pertaining to electronic business is concerned with regard to the meeting of the aims and goals at the optimum level?
Such a question is appealing in nature since it would help in the identification of the factors pertaining to the objectives of the strategy of electronic business (Kim and Peterson, 2017). It would also help in the resolving of the issues pertaining to the electronic business strategy adopted by the organization in a proper manner. The activities pertaining to the strategy of electronic business are to be analysed as far as the viability of the organisation overall is concerned. The question also implies the aspect pertaining to the analysis of the strategy related to electronic business in a desired manner as far as the desired outcomes at the organizational level are concerned. The importance of electronic business in the contemporary times is also taken into account by the virtue of the question. The activities pertaining to the electronic business being carried out in the organization can also be delved into by the virtue of the strategy pertaining electronic business as far as the comprehensive solutions within the stipulated timeframe is concerned . It also implies the desired outcomes as a result of the electronic business strategy at the internal level of the organization (Linzbach, Inman and Nikolova, 2019).
The methodology of the research is based on the collection and analysis of the relevant data in the desired manner. The data would be collected mainly in the secondary form due to time and budget constraints. However, primary data in the form of survey questionnaire amongst the employees in the organization would also be taken into consideration in order to depict originality and authenticity in an effective and efficient manner. The analysis of the data would be carried out manner in order to capitulate upon the report in the desired manner. Qualitative research would be taken into account with regard to the electronic business strategy of the organization as it would help in the timely solution to be derived with regard to the issues of the strategy pertaining to electronic business on part of the organization (Silverman et al., 2016). The concept of electronic business and its positive impact would be analysed. The methods of the research are to be carried out in a planned manner in terms of the derivations of the results (Walliman, 2017). The responses to the survey questions would be sampled which would facilitate the ease of the analysis of the data in an effective and efficient manner. The secondary data would be in the form of books and journal articles along with online sources such as electronic books and online articles of various newspapers and journals. The credibility and relevancy of such kinds of secondary sources are to be taken in to account in an incredible manner regarding the verification. It would help in the addressing of the research question as aforesaid thereby presenting the concept of electronic business in an effective and efficient manner as far as the formulation and implementation of the strategy at the organizational level is concerned . The techniques with regard to the electronic business strategy on part of the organization would also be taken into consideration in order to address the aforesaid question in the desired manner. It would also help in the assessment of the strategy pertaining to activities of electronic business of the organization (Taylor, Bogdan and DeVault, 2015). The plan of the research would be formulated and outlined in an organized manner in order to derive the results in a timely manner thereby resulting in the qualitative aspect relating to the analyses of the collected data. As a result, it would help in the responding to the aforesaid question. It would also imply the analysis of the theories which could be applicable to the aspect of the strategy pertaining to electronic business by the formulation of a report with reference to the assessment of the electronic business strategy on part of an organisation.
The electronic business has hitherto played an important role for the organization as a whole thereby resulting in the benefits for the organization to a huge extent. The activity pertaining to electronic business in the organization implies the sale and purchase of the products and services through the internet. It helps in the feasibility for the customers to place their order for the products they intend to purchase without having to go all the way for making the purchases. The strategy pertaining to such kinds of electronic business involved online marketing through the internet as far as social media is concerned with reference to the promotion of the products. As a result, the aspect pertaining to Integrated Marketing Communication is taken into account (Alsaad, Mohamad and Ismail, 2017). It is imperative that such strategy would be quite viable with reference to the meeting of the objectives of the organisation in a proper rand appropriate manner thereby providing a comprehensive solution t the customers. It would lead to the generation of a huge amount of profits and revenues for the organisation in the long run thereby providing the pathway for its scope and development in the desired manner. The strategy with regard to electronic business on part of the organisation implies the undertaking of a user friendly approach with regard to the electronic system to be utilized for the purpose of the purchases to be made by the customers online. The role of the Information and Communications Technology has an extremely important role to play with reference to the aspect pertaining to the strategy adopted by the organisation with respect to electronic business as far as online sales of their products and services are concerned (Gillies, 2016). Such a strategy regarding electronic business plays an important role with regard to the attraction and appealing of customers to a huge level pertaining to customer loyalty. As a result, it leads to the fostering of an amicable relationship between the organization and its regular customers. The present strategy pertaining to electronic business is incredible as it has played a vital role in the aspect pertaining to the sales of products and services to a huge level thereby resulting in the satisfaction of the customers in an effective and efficient manner. It also helps in the aspect related to Customer Relationship Management. In order to carry out the appraisal, the views and responses of the customers would be taken into account. Such views and responses would be recorded through online surveys in the form of questionnaires. The aspect pertaining to telephonic interview may also be taken into account in order to record the responses of the customers with regard to their viability pertaining to using of the websites in order to purchase the products and the difficulties encountered by them with reference to the making of online purchases. The social networking sites would also be used as far as the appraisal pertaining to customer satisfaction is concerned. The strategy needs to be improved to a certain extent ads far as the progress and development of the organisation in the long run is concerned. It is imperative that the aspect pertaining to the implementation of new technologies would be quite helpful for the organisation provided that they do not pose challenges and difficulties to the regular and frequent customers of the organization (Kim, Dekker and Heij, 2017). It would help in the attraction of more and more customers with regard to the sales of products and services through online business. The appropriate strategy needs to be formulated and implemented with regard to the application of new technologies on part of the organisation as far as electronic business is concerned. The people entrusted with the online sales of the products and services of the organisation concerned must be well-versed with the technology to be implemented so as to imply that the sales continue to take place in an incredible manner as far as the maintenance of customer loyalty is concerned thereby leading to the appealing of more and more customers. In such aspect, the techniques pertaining to telephonic interviews and online surveys would be taken into account (Sherif, 2016). The aspect pertaining to supply chain management would also be improved as a result of the formulation and implementation of a suitable business strategy in electronic form with regard to the maintenance of electronic records in an effective and efficient manner in terms of the aspect pertaining to inventory. Since the organisation has already adopted the aspect of electronic business with regard to the sales and marketing of the products and services, there would not be any major complexities with respect to the implementation of new technologies as far as the strategic planning with reference to electronic business is concerned. The people involved in the electronic aspect pertaining to supply chain management must be provided training in an incredible manner so that the electronic business activity of supply chain management is carried out in the desired manner. It would help in the security of such electronic records in an organised and systematic manner (Chen at al., 2015). The development of the existing software or the implementation of new software can also play a vital role with regard to the aspect pertaining to electronic business activity involving the online sales of products and services (Oliveira et al, 2017). The software needs to be designed in such a manner so that it is feasible for the customer to understand as far as the purchases of products and services to be made online are concerned. It would help in the undertaking of a user friendly approach on part of the organisation as far as the aspect related to the satisfaction of the customers is concerned. As a result, the reviews of the customers would be quite vital with regard to the viability of electronic business strategy of the organisation. It would also lead to the aspect pertaining to commercial transactions online to take place in an incredible manner as far as. It would result in the marketing by the virtue of the internet in an effective and efficient manner. The social media would play an important role with reference to the promotion of the products in a proper and appropriate manner thereby implying online marketing in an effective and efficient manner as far as the formulation and implementation of a suitable strategy in terms of electronic business is concerned (Chaffey, 2015). As a result, the social networking sites would help in the success of the strategy pertaining to electronic business on part of the organisation. The aspect pertaining to the providing of a platform for the customers to air their grievances with reference to online purchase would help in the development of the aspect of electronic business on part of the organisation in the desired manner.
It is imperative that there would be risks pertaining to electronic business on part of the organisation. Such risks involve the aspect pertaining to maintenance of the confidentiality of data of the customers in an incredible manner as far as the concept of online privacy is concerned. As a result, appropriate steps and measures must be undertaken by the organisation in order to prevent the cyber offences such as cyber espionage and cyber terrorism in addition to other related cyber crimes. As a result, the rules and regulations with reference to maintenance of the confidentiality of data are to be executed and enforced in order to imply the smooth modus operandi of the organisation by the virtue of an incredible electronic business strategy (Yu et al., 2016). The policies pertaining to the facilitation of electronic business on a large scale would also have an extremely essential role to play with regard to the aspect of the strategy of the organisation with reference to the attainment of goals in a proper and appropriate manner by the virtue of electronic business. The aspect pertaining to the financial capacity of the organisation would also be analysed and taken into account as far as the electronic business strategy to be formulated and implemented in a proper and appropriate manner is concerned (Han and Kim, 2019). It is to be seen whether the strategy in terms of electronic business would be appreciated by the large number of customers. It would help in the determination of the aspect related to the viability in the implementation of the strategy as far as electronic commerce is concerned. The aspect pertaining to the transfer of funds through the internet may also be taken into account with regard to the repayment of loans or debts by the customers. The present strategy pertaining to electronic business has to be developed further in order to cater the needs and demands of the customers in a regular manner. However, it is to be taken into account whether the electronic business strategy would be appealing to the customers or not. It has hitherto been observed that the online business has attracted a huge number of customers for the organization. Various businesses have registered growth at high levels as a result of electronic commerce as a result of the aspect pertaining to online transactions. The approach with regard to the development of the aspect of electronic business would imply the availability of the appropriate infrastructure for the purpose of the implementation of such a strategy taking account of the current strategy pertaining to electronic business on part of the organisation. The aspect pertaining to customer satisfaction in relation to the current electronic business strategy would play an important role in the determination of the feasibility with regard to the further implementation of the electronic business strategy with reference to the meeting of the goals and objectives of the organization in a proper and appropriate manner. The existing marketing strategy of the organisation would also have an important role to play with regard to the appraisal for the electronic business strategy (Turban et al., 2017). As a result, an effective an efficient business model would play a vital role with regard to the implementation and extension of the electronic business strategy. The key thing in this aspect is the satisfaction of the customers as far as Customer Relationship Management by the virtue of the strategy on part of the organisation is concerned. The aspect pertaining to the incredibility of online transactions may also be taken into consideration by conducting a survey amongst the customers in the target market along with the related strategies adopted by other organisations. Various organisations such as Amazon and Alibaba have played an important role with regard to the aspect pertaining to electronic business in an effective and efficient manner thereby attracting a huge number of users at the global level (Lee and Phang, 2015). As a result, they have carved a niche of themselves in the industry pertaining to electronic commerce as far as the attraction of customers at the international level is concerned. The software must imply the aspect pertaining to security thereby implying that only authorised people would have access to the data of the customers (Jiang, Jun and Yang, 2016). The breach of confidentiality of the data would attract stringent action. The people entrusted with the handling of the data of the customers must be trained in a proper and appropriate manner with regard to the maintenance of confidentiality of data in an effective and efficient manner as far as the aspect of privacy is concerned. It would help in the adherence to the guidelines on part of the organization with regard to the disclosure of information as far as the handling of data of the customers in an effective and efficient manner is concerned (Ramírez-Correa, Grandón and Arenas-Gaitán, 2019). The fabrication of data has to be prevented at a huge level as far as the information of the customers is concerned. It would imply the aspect of the authenticity of data to be protected in a proper and appropriate manner. The aspect of the signature in the digitized form would also imply the providing of comprehensive solutions to the customers (Cui and Pan, 2015). The aspect of the appraisal is to imply the relationship between the customers and the organizations in an incredible manner as a result of the strategy in question with reference to electronic business. The benefits of the electronic business would play a vital role with regard to the viability of the strategy pertaining to electronic business in the desired manner as far as the appealing of the wider public is concerned. The aspect of emerging of the organisation as a competitive force to reckon with in the market concerned as a result of the application and adoption of the strategy related to electronic business is to be taken into consideration as far as the achieving of a competitive edge is concerned. It would help the organisation to reach its potential at the optimum level in the industry pertaining to electronic commerce. As a result, the aspect of the electronic business strategy on part of the organization would play a vital role with regard to the progress of the organisation at further levels which may include expansion a t a certain extent (Mazzarol, 2015). The appraisal also implies the aspect related to the scope of the electronic business strategy in the future along with the steps and measures which are to be undertaken in order to implement the electronic business strategy in a proper and appropriate manner. As a result, the technique with regard to the appraisal would mainly imply the feedback of the customers determining their experience with the electronic business strategy in order to ensure that the electronic business strategy is reliable in nature without any major grey areas and loopholes as far as the long term goals and objectives on part of the organisation are concerned.
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