An Analysis of Barriers to E-Commerce Adoption in Libya
VerifiedAdded on 2023/04/19
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Report
AI Summary
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.
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