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Despite the difficulties, many technology companies experienced when the dot-com bubble burst --- Internet commerce (e-business) is here to stay. What resources does an International Internet retailer need other than merely a storefront on the Internet? Does it require fewer physical, financial, and human resources than a traditional retailer, or just as many? Explain

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Despite the difficulties, many technology companies experienced when the dot-com bubble burst --- Internet commerce (e-business) is here to stay.

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An internet retailer, apart from a storefront on the internet, will require all other basic ingredients of becoming a successful retail business, for example, a comprehensive and clear corporate strategy, mission ans vision followed by a well designed tactical plan and control mechanisms to successfully run the eretailing venture.

Further, the internet retailer will need a ...

Solution provided by:
Sandeep Bardia, MBA
Education
  • BCom, SGTB Khalsa College, University of Delhi
  • MBA, Rochester Institute of Technology
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