e Business as dysfunctional
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What, if any, are the dysfunctional aspects of the "New Economy" promoted by eBusiness? Identify any legal, ethical, regulatory and social issues that might negatively impact people, organizations and/or society
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Solution Summary
This solution goes into issues of culture, security, language and localization when discussing potential negative issues surrounding the new economy promoted by e Business.
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Internet environment is dynamic and growing and it is facing lot of ethical, legal and regulatory issues. There are lot of dysfunctional aspects of New Economy, let us discuss this.
There are issues of diverse cultures and languages; legal and regulatory differences; localization, technology and infrastructure. Moreover the markets are flooded with various products. Various options are available for end customers to switch loyalties. Hence the product life cycles are considerably shorter. Shorter product life cycles have denied companies the sustained growth and financial benefits and posed a challenge of survival to many others.
Thus the ...
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