Description
Chapter 7 Assignment: B2C E-Commerce
Introduction
Electronic commerce (e-commerce) is the conducting of business activities (e.g., distribution, buying, selling, marketing, and servicing of products or services) electronically over computer networks. It includes any business transaction executed electronically between companies (business-to-business), companies and consumers (business-to-consumer), consumers and other consumers (consumer-to-consumer), public sector and business (government-to-business), public sector to citizens (government-to-citizen), and public sector to public sector (government-to-government). Business activities that are strong candidates for conversion to e-commerce are ones that are paper based, time consuming, and inconvenient for customers.
Business-to-consumer (B2C) e-commerce is a form of e-commerce in which customers deal directly with an organization and avoid intermediaries. Early B2C pioneers competed with the traditional “brick-and-mortar” retailers in an industry, selling their products directly to consumers.
What To Include
Part One: Research
- Do research to capture data on the growth of B2C e-commerce and retail sales over the past 10 years.
Part Two: Chart and Share
- Use the charting capability of your spreadsheet software (example: Microsoft Excel) to plot the growth of B2C e-commerce and retail sales and predict the year that B2C e-commerce will exceed 10 percent of retail sales.
- Document any assumptions you make.
- Final thoughts : Consider what your finds will mean for future generations of shoppers. This should include personal opinion and research to support them.
Requirements
- Format Requirements: Chart Portion
- Include the required chart within the same document as part two.
- Make sure that that chart is readable and all relevant information is obvious.
- If you need to include a key or additional information please do!
- Format Requirements: Writing Portion
- Times New Roman; 12 pt. font.
- You must use Microsoft Word; 1’ Margins
- 1.5-line spacing.
- Your name and assignment due date must be on all assignments.
- Write a one-page paper (400 hundred words & TWO APA Citation) in your own words.
Explanation & Answer
Attached.
Running Head: B2C E-COMMERCE
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Name:
Class Title:
Project Title: IS301 Chapter 7 Assignment: B2C E-Commerce
Date:
B2C E-COMMERCE
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IS301 Chapter 7 Assignment: B2C E-Commerce
Part One: Research
I have collected the data of retail sales and e-commerce sales of the U.S for the years 2009 to the
year 2018 from the website https://www.census.gov/data/tables/2018/econ/e-stats/2018-estats.html.
Using the data, I have prepared the spreadsheet below for the total retail sales, e-commerce sales
and the percentage of e-commerce sales to the retail sales. The table below shows the data I have
obtained.
Total
Retail
Trade
Year
Sales...