Report On The London School Of Science & Technology (LLST)
12 Pages3959 Words30 Views
Added on 2020-02-05
Report On The London School Of Science & Technology (LLST)
Added on 2020-02-05
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Business Skills for e-commerce
Table of ContentsINTRODUCTION...........................................................................................................................3TASK 1............................................................................................................................................31.1 Assess an organization’s core businessfunctions .....................................................................................................................................31.2 Evaluate an organization’s business aims andshow how they relate to stakeholders.........................................................................................4M1 ...............................................................................................................................................4D1 ................................................................................................................................................4TASK 2............................................................................................................................................52.1 Analyse the impact including the risks, ofintroducing an e-Commerce system...........................................................................................52.2 Discuss the global impact of e-Commerceon society....................................................................................................................................5M2 ...............................................................................................................................................6TASK 3............................................................................................................................................63.1 Investigate market potential for an e-Commerce opportunity...............................................................................................................63.2 Evaluate current e-Commerce systems in useby organizations..........................................................................................................................73.3 Discuss the financial implications of an e-Commerce solution.....................................................................................................................7D 2................................................................................................................................................83.4 Design an e-Commerce solution............................................................................................8M3................................................................................................................................................9CONCLUSION ...............................................................................................................................9
REFERENCES..............................................................................................................................10INTRODUCTIONE-commerce is nothing but the selling and the purchasing the commodities with the helpof an electronic medium that is internet or online (Barnes and Hunt, 2013). This excludes thepaper work and also from moving here and there in the market for searching of things. Businessskills for e-commerce can be defined as the skills used to run the business electronically or overthe network. Doing business over the internet is so profitable. The present report is based onscattering the awareness of the business strategies or running the market on the mobile or theweb based system.TASK 11.1 Assess an organization’s core business functionsThe core business function is nothing but the task done in a business in order to achievethe aims and objective of the corporation. The London school of science and technology(LLST)consists of different business functions such as marketing, sales, accounting, administration,operationand Management information system. These are explained below:Marketing: The organization has the aim to establish a high ranked position in themarket. To fulfil this goal it have to perform effective marketing by using the moderntechnologies.Sales: In order to enhancer the sale the company have to do the process of sale by usingthe mobile as well as the web based system (Ifinedo, 2011).
Accounting: The work of accounting become quite simple by using the excel or spreadsheets.Administration: The company head take the responsibility of the administrative sector.The different norms are made to work the system smoothly. Operation & the Management information system: The working of the MIS is deal bythe IT department. They uses the internet in performing the various operations likebilling, payment, registration,etc. (Torlak and et.al., 2011).The LLST also take the technical or non-technical responsibilities. During this journey itwill have to face, such as integration of recent and new technologies, social networking, culturaland ethicalactivities.1.2 Evaluate an organization’s business aims and show how they relate to stakeholdersThe organisation's business aim is to design an effective business plan that proved to beprofitable for the company while dealing with the different stakeholders. Some of the objectivesof the business are listed below:Productive: The organisation focuses to improve the production on the monthly basis.Profitability: They want to increase the profit per annum.Customer Service: The enterprise focuses on the demand of their consumers.Change management: The corporation aims to do the changes in the existed business incomparison to the previous one.The Stake holders are nothing but a party having the interest in a corporation. They caneither affect or affected by the business-environment. The main stakeholder in any enterprise areinvestors , workers and the consumers. There are two types stakeholder namely the external andthe internal stakeholder. There are of two types namely the external and the internal stakeholders.The internal stake -holder are those who are committed to serve the organisation such as theboard members, former board members, the staff as well as the former staff member of theorganisation, the volunteers, etc. On the contrary the external stakeholders are those people whoinfluence the company's work in positive as well as negative manner. Such as the consumers,Community partners, the government bodies,the group of people being served by theorganisation but are not accessing the services. The objectives of the stakeholder are following:They want to gain profit.
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