scholarly journals Electronic Business and Trust – Anything is Possible

Author(s):  
Seppo J. Sirkemaa ◽  

Electronic Business is based on trust between the seller and the buyer. Trust is not an issue if seller and buyer know each other, and they have an existing business relationship. However, when there are no earlier experiences, when the customer is not familiar with the vendor or the products and services are new – trust can be challenging. If there is no knowledge whether the vendor is trustworthy, the buyer is trying to find different kinds of reviews and experiences from other customers to make sure the buying decision is right. Here we look at how these cues could be made available, and in this way adding value to both vendor and buyer. Ultimately, better information increases trust and helps in developing successful business.

2021 ◽  
Author(s):  
Yuliya Romanova ◽  
Pavel Muzychkin ◽  
Nataliya Zhenova ◽  
Lyudmila D'yakonova ◽  
Galina Eydlina ◽  
...  

The textbook contains a verified set of materials about the opportunities and technologies of doing business on the global Internet. Technologies and means of the electronic market, electronic cash flows and possibilities of their management are considered. Special attention is paid to the issues of site construction: tips and step-by-step instructions are given for the direct creation of a site, setting a task and implementing it to order, as well as numerous opportunities and tools for promoting a site on the web. The basics of the security of electronic business activity are presented. The material is presented in a clear and accessible form. For students and undergraduates of various profiles, studying in the fields of "Economics" and "Management", graduate students, as well as entrepreneurs who want to promote their business via the Internet.


2021 ◽  
Vol 6 (2) ◽  
pp. p44
Author(s):  
Hirohisa Sakai ◽  
James Fikes

Toyota Motor Corporation has developed a process to enhance the supplier and customer relationships through their Tier 1 shipping process. The Tier 1 shipping entity is the supplier to the customer producing the completed product. In their system, quality gates are inserted into the process to act as the gates from order through shipment to ensure the correct material is ordered and shipped on the proper dates to sustain Just-in-Time delivery. This paper describes the Toyota Manufacturing USA process to fulfill customer orders and build a successful business relationship.


2018 ◽  
Vol 8 (2) ◽  
pp. 94-100
Author(s):  
Snježana Stanišić ◽  

Management in banks has a unique aim, which is to create a clear picture of the appropriate directing of banking products, characterised by concentration on quality and integrity, maintaining interaction with the employees and beneficiaries of banking services and products, as well as creating solutions that would more successfully fulfil their needs. In order to achieve this, the management team should, first of all, accept all the accurate information on previous transactions, both those of legal and physical persons, and should fulfil their needs and realise their demands based on the principle of a business relationship. On account of the increased competition on the market, banks are additionally stimulated to introduce changes in their operations, to modernise their offer in order to survive on the market. The process of strategic planning in the banking sector may be presented as one of the most important factors for its long-term successful business operations.


2020 ◽  
Author(s):  
Bernd W. Wirtz
Keyword(s):  

Author(s):  
Peter Cunningham ◽  
Friedrich Fröschl
Keyword(s):  

2020 ◽  
pp. 34-41
Author(s):  
V.A. Morozov

The article deals with the methodological understanding of management information systems and their use for modern business. The article considers information flows moving through various structural levels of decision-making in the organization, as well as high-quality software for complex systems. We have studied the information management system (MIS), which includes the process of collecting, processing, storing, retrieving and transmitting relevant data for effective operation management. It is determined that the meaning of information management in organizations is to help solve the problems of institutional growth, development and productivity through the described methods of making better decisions related to the use of resources in a dynamic and changing environment.


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