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E-Commerce Entrepreneurship

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1. How should the importance of e-commerce be assessed in creating an entrepreneurial strategy?
2. How is e-commerce an example of innovation?

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Solution Summary

335 words; 3 references; importance of e-commerce in creating a strategy and how it is an example of innovation

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1. How should the importance of e-commerce be assessed in creating an entrepreneurial strategy?
E-commerce involves the application of current information and communication technologies to manage the business. Among its functions are provision of 24/7 access to the business' products and services and other commercial transactions; improve internal systems that results in an increased customer satisfaction; and improvement in people management through stronger communication and deeper affiliation among workforce capabilities.. E-commerce should be assessed according to its effectiveness in achieving the company's goals. The company adopts new business ...

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