Report: The Impact of E-commerce on Global Business and Economy

This report provides a comprehensive analysis of the e-commerce industry's impact on global business and the economy. It explores the role of e-commerce in today's world, its advantages, and its effects on global business, marketing, and employment. The report utilizes a mixed methodology, including secondary data sources, to examine the influence of e-commerce on economic growth, employment opportunities, and business strategies. Key findings include the positive impact of e-commerce on the economy, the benefits of sustainability, and the effectiveness of the B2B business model. The report also discusses the role of technology, infrastructure, and various business models in the e-commerce landscape, concluding that e-commerce is a crucial development in the industrial revolution, offering unique opportunities for business expansion and customer satisfaction. The report also mentions the role of internet as an instrument to communicate and share information for overall growth of entire economy.

Mental Wealth
Introduction
Introduction
E-commerce is consider an important aspect within
the today's world because it refers to the transaction
between buyer and seller through electronic
platform that called as online. In addition to this, e-
commerce is also based over the multiple
technologies including online platforms, mobile
technologies, supply chain and logistics, digital
marketing and many more. Now a day's E-
commerce industry is going by bid shift as it also
opened various opportunities for countries for
developing their economic condition by providing
huge employment opportunities, create innovation,
reduce gap of distance between buyer and sellers.
With the help of e-commerce, people or business
organization can easily communicate and interact
with large number of customers. By this positive and
strong relation can be easily made and at the same
time also develop popular brand image.
Abstract
The main purpose of current study is to find out the
influence of e-commerce and its effects over the
today's world and economy as well. E-commerce is
refers to the fastest growing at a rapid pace in
Materials and Methodology
the over the world. As, it also includes the
penetration of internet and smart phone across the
certain level of society across the nation. With the
developing growth of economic, e-commerce put
their greater or positive results on the society and
their living standard.
Background
As per current scenario, E-commerce refers to the
important activity for people and business as it
provide a platform to communicate as well as
interact with large number of people through
different aspects such as digital platform, mobile
technology and many more. These are directly
contributes in improving the overall performance of
company at market place. In addition to this, e-
commerce has two sided impact on employment. As,
it includes traditional jobs will disappear and it also
create new employment opportunities. This will
improve the living standard of people and at the
same time make economy more strong. For today's
business survival, online transformation is
mandatory as it provide opportunities for expanding
business activities in an effective manner.
Objectives/Purpose
Research aim
To identify the impact of e-commerce industry on
the world today.
Research objectives
• To determine the role of e-commerce industry in
economy.
• To identify the advantage of e-commerce on
World economy.
• To evaluate the effects of e-commerce on Global
business, Marketing and Employment.
Research hypotheses:
• E commerce has a positive impact upon the
economy of today's world.
• Sustainability is the major benefit of E
commerce industry.
• B2B is more effective business model for E
Commerce than B2C.
in order to make overall research more reliable and
authentic as well.
Methodology
Furthermore, mixed method is consider as an
effective research methodology that is planned in
nature in which researcher includes all the
theoretical and numerical information that support in
drawing a valid and reliable information. In this,
both quantitative and qualitative information is
crucial as it help in meeting all the research
objectives and at the same time also assist in testing
the research hypothesis in a systematic way. In
above poster, secondary methods of data collection
is used by which investigator in acquiring detailed
and highly reliable data. This will directly
contributes in attaining authentic results to make
entire research effective and valid in nature.
Models
As per above conceptual framework it has been
analyzed that e-business includes various
infrastructure that help in improving the growth
level of company at market place. In addition to this,
media, capital, technology and public and many
more. All these are significant for e-commerce
business to develop their performance at E-business
industry.
Materials
Mainly, materials are the important resources that
used at the time of undertaking investigation
activities. For current research, investigator will use
secondary sources that assist them in attaining
positive and reliable outcomes

Mental Wealth
Along with this, it also contribute in sharing knowledge and reap productivity that
contribute to gains by findings information faster. With the assistance of this,
company can easily attain competitive advantage at market place.
Results and analysis
As it is most dynamic and visible component within the economy as it
generate various job opportunities to the people that may develop their
living standard. In context of business, e-commerce offer various
unique opportunities for effectively recognizing
the business, new market and customers as well. As it directly
contributes in reducing the cost, increase the earning of company and
also develop operational efficiency level that assist company in
attaining competitive advantage. On the other hand, e-commerce also
includes various aspects that put its impact over the economy like
reduction of transaction costs, improvement of access to market
information, better resource allocation, enhance competitiveness and
many more.
E-commerce is consider as an important activity that includes various new
dimensions that impact over the economic condition of the nation. Mainly, it has
potential to implement higher value within the business activities and their customers
as well. In the context of emergence of e-commerce is also refers to the most
important and curial development in industrial revolution. In digitalization context,
internet is refers to the instrument that used to communicate and sharing the
information that may assist in overall growth of entire economy.
OUTCOMES
Conclusion
From the above mentioned report it can be concluded that e-commerce
industry is an activity that includes the transaction and interaction
among different business. It may e-commerce improve the interaction
between customers and business that help in improving the economic
growth of the nation by increasing employment within the country. One
of the main advantage of e-commerce is to low financial cost and also
improve the buying experience and many more. Furthermore, it also
improve the flexibility and speed within business activities. By using e-
commerce company can easily offer quality products and services to its
large number of customers in order to satisfy their needs and wants.
References
• Nair, K.S., 2017. Impact of E-Commerce on Global
Business And Opportunities–A Conceptual Study.
Dubai: International Journal of Advanced
Engineering and Management Research, 2(2).
• Hanke, M., 2016. Airline e-Commerce: Log on.
Take off. Routledge.
• Anuj, K., Fayaz, F. and Kapoor, M.N., 2018. Impact
of E-Commerce in Indian Economy. IOSR Journal
of Business and Management (IOSRJBM) e-ISSN,
pp.59-71.
Further information
Acknowledgment