Free Assignments via E-mail

Enter your email address:

Subscribe the blog by your Email ID for the SMU MBA assignments updates.

Thursday, January 20, 2011

It is the solved assignment of MI0030 SMU MBA Assignment. The question is - “List out the Ecommerce opportunities for industries and give an example of your understanding for all the opportunities.” The solve assignment is in the sequence of QR System of Wal-Mart and Functions of Supply Chain Management.

Global Reach: The net being inherently global, reaching global customers is relatively easy on the net compared to the world of bricks.

Cost of acquiring, serving and retaining customers. It is relatively cheaper to acquire new customers over the net; thanks to 24 x 7 operations and its global reach.

An extended enterprise is easy to build. In today’s world every enterprise is a part of the ‘connected economy’; as such, you need to extend your enterprise all the way to your suppliers and business partners like distributors, retailers and ultimately your end-customers.

Disintermediation: Using the internet, one can directly approach the customers and suppliers, cutting down on the number of levels an in the process, cutting down the costs.

Improved customer service to your clients: It results in higher satisfaction and more sales.

Power to provide the ‘best of both the worlds’: It benefits the traditional business side-by-side with the internet tools.

A technology-based customer interface: In a brick-and-mortar business, customers conduct transactions either face-to-face or over the phone with store clerks, account managers, or other individual.

The customer controls the interaction: At most websites, the customer is in control during screen-to-face interaction, in what the web largely employs a ‘self service’ model for managing commerce or community-based interaction. The customer controls the search process, the time spent on various sites; the degree of price/product comparison, the people with whom he or she comes in control can rest with either the buyer/seller or the community member.

Knowledge of customer behaviour: While the customer controls the interaction, the firm has unprecedented access to observe and track individual consumer behaviour. Companies, through a third-party measurement firm such Vividness and Accrue; can track a host of behaviours on web sites visited, length of stays on a site, page views on a site.


New MBA Assignments

Opinions on MBA Assignments