The Social Economic and Legal Impact Resulting From eBusiness

Essay by Wardie January 2006

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This project is to investigate and analyse the social, economic and legal impact resulting from the adoption and growth of eBusiness. The project also investigated the web-based business of Rosenbluth and Dell.

eBusiness is not just the buying and selling of goods and services it is also servicing customers, collaborating with business partners and conducting electronic transactions within an organisation. eBusiness is the complex fusion of business processes, enterprise application and organisational structure necessary to create a high performance business model. In business to date, eCommerce and eBusiness are used interchangeably.

A brief history of the emergence of eCommerce and eBusiness :

1969 Packaged switch network

1971 An elementary form of email, a computer messaging system

1991 The beginning of the World Wide Web (WWW)

1993 Force browsers Netscape

1995 The Internet

The widespread adoption of technology and broadband has enhanced the growth of business. Travel services, (96% of Ryanairs businesses are done on line) books, compact discs (CDs) and entertainment tickets continue to be the biggest online purchases among Internet users.

Consumers can compare prices and check all of the different tour operators on line. They are often given a discount for booking their ticket online. This means the intermediaries are made redundant which in turn leads can lead to job losses.

Many businesses are selling solely on line. For example, and Netflix conduct all of their business is done online. EBusiness is likely to have a huge impact on the way we do business. It has the potential to lead to dramatic growth in trade, increase markets, improve efficiency and effectiveness and transform business processes.

Ireland's e-commerce sector has grown rapidly in recent years, mainly attributed to U.S. and other non-European computer and information technology companies' use of the country as a gateway...