An Analysis of Barriers to E-Commerce Adoption in Libya

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Added on  2023/04/19

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This report examines the barriers to e-commerce adoption within Libyan organizations, exploring the challenges and opportunities of e-business in the country. The research, based on a survey of ninety-eight respondents, investigates factors limiting e-commerce integration, including issues of trust, web exchange instability, and the impact of internet fraud. The findings are consistent with similar barriers in other developing nations, highlighting the need for strategic designs for successful e-commerce adoption in Libya. The report references existing literature and provides an ordered list of barriers, emphasizing the potential for e-commerce to boost Libya's economic state through cost-efficient and quicker business transactions. Policy interventions are suggested to improve business processes and output. The study concludes that the amount of fraud over internet transactions is the main reason for organizations in Libya failing to adopt electronic commerce systems.
Document Page
The barriers to E-Commerce in Libya
Introduction
The E-business transactions can be referred to business
strategies that can effectively assist an organization to
conduct business over internet. The E-commerce is the
form of business that is conducted over the internet
electronically. The impact of E-commerce on a busi-
ness is greatly affected by the country it is been done.
The whole research has been done to show the barriers
that are preventing the organization in Libya to consid-
er E-Commerce as a great opportunity.
Policy Intervention on Ecommerce
Adoption
The economic stare of Libya can be boosted by the ad-
aptation of electronic commerce. It is because, e-com-
merceprovidescost efficientand quickerbusiness
transaction. After integrating the e-commerce into the
business, the business processes will be improved and
more output can be expected from the business.
Limitations
The current business transactions are associated with
the complexity that can be challenged with a lot of weak
points and concerns which can be needed for collabo-
rating the IT or Information Technology with the busi-
ness processes. This can allow the organizations to im-
prove the efficiency and quality of the transactions at
reduced risks and a profitable level.
Methods
On the basis of the limiting barriers lined to e-commerce
integration in the developing countries’ businesses, this
research has been done based on the e-commerce bar-
riers in Libya. In order to complete research, a survey
of ninety eight respondents has been conducted on the
e-commerce based organization in Libya.
Result and Discusssion
The findings of the research presents that e-commerce
competitive advantages have been controlled by various
factors. The amount of fraud done over internet trans-
actions is the main reason of organizations in Libya
failing to adopt electronic commerce system. Various
literature studies have also presented the same study. In
the figure 1 and table 1, the barriers to e-commerce ad-
aptation has been presented in ordered list in ascend-
ing order.
Issues relating instability related with web exchange
and trust is likewise portrayal in related past examina-
tions. The discoveries of this examination work are re-
liable and pertinent with the hindrances that frustrates
the reception of web based business among organiza-
tions in other creating nations. Hence, the discoveries
are centers towards Libya’s vital designs for a fruitful
online business appropriation among its business orga-
nizations.
Figure 1. Ranking of barriers to e-commerce adoption the
developing countries using Libya as a ase study
Table 1. Ranking order and the percentage description
of the respondents toward the barriers associated with
e-commerce adoption in Libya
Conclusion
In this exploration project, a broad examination on the
boundaries obliging the appropriation of internet busi-
ness among business association in Libya is led. Besides,
the writing study centers around the exploration issues
relating on the selection of internet business among
creating nations that has comparable business condi-
tion with Libya. Other than that, an overview was led
to find the issues that keep an effective appropriation of
internet business in Libya. The writing study and study
shares certain regular discoveries. This gives an under-
standing about the likeness in regards to the business
condition in Libya with other creating nations.
References
Albashir, W.A., Zainuddin, Y. and Panigrahi, S.K.
The acceptance of Islamic banking products in L
A theory of planned behavior approach. Internat
Journal of Economics and Financial Issues, 8(3),
El-fitouri, M.O., 2015.E-Commercein Develop-
ing Countries: A Case Study on the Factors Affec
E-commerce Adoption in Libyan Companies. Inte
tional Journal of Engineering Research and A
tions, 5(1), pp.102-115.
Massoud, A.M.E., Meriam, M.S., Akil, B.S. and No
K.B.M., 2017. Developing a model of E-business
mentation for SMEs in Libya. IJAR, 3(5), pp.681-6
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