scholarly journals Impact of E–Commerce in Pandemic Situation

Author(s):  
Hephzibah Beulah Gole

Electronic Commerce is commonly known as E-Commerce. It is trading of products or services using computer networks, such as internet. E-commerce includes buying and selling of raw material, products, services or any kind of goods and services through an electronic medium (internet) by the consumer, retailer, and business. In these present Pandemic situations social distancing and staying home pushed the consumers towards online shopping. However the uncertain consumer demand and supply issues affect the E-commerce Industry. In this study we will discuss about the Impact of E-commerce in present pandemic situation. In this study I took the data from different sources like different websites, on advertisements, news papers, e-books and different manual books i.e., Journals etc. This brief discusses how the COVID-19 crisis is accelerating an expansion of e-commerce towards new firms, customers and types of products, likely involving a long-term shift of e-commerce transactions from luxury goods and services to everyday necessities. E-commerce is not an IT issue but a whole business undertaking. Companies that use it as a reason for completely re-designing their business processes are likely to reap the greatest benefits.

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Asier Minondo

Purpose This paper aims to analyze the impact of COVID-19 on the trade of goods and services in Spain. Design/methodology/approach This paper uses monthly trade data at the product, region and firm level. Findings The COVID-19 crisis has led to the sharpest collapse in the Spanish trade of goods and services in recent decades. The containment measures adopted to arrest the spread of the virus have caused an especially intense fall of trade in services. The large share of transport equipment, capital goods, products that are consumed outdoors (i.e., outdoor goods) and tourism in Spanish exports has made the COVID-19 trade crisis more intense in Spain than in the rest of the European Union. Practical implications The nature of the collapse suggests that trade in goods can recover swiftly when the health crisis ends. However, COVID-19 may have a long-term negative impact on the trade of services that rely on the movement of people. Originality/value It contributes to understand how COVID-19 has affected the trade in goods and services in Spain.


2011 ◽  
pp. 5-48
Author(s):  
Ferruccio Marzano ◽  
Cristiano Colombi

The paper refers to the construction of some Indexes of Competitiveness and their application to the empirical analysis of the behaviour of Italian manufacturing industry in recent years. The idea is that an essential role in competitiveness is played by the specific characteristics of the goods and services concerned. With particular reference to competition between a mature economy (like Italy) and an emergent one (e.g. like China), attention is specifically directed to the behaviour of goods' demand and supply according to their characteristics. Then, an extended Leontief Input-Output model is pursued including the impact of goods' characteristics. At the empirical level, the role of goods' characteristics is analysed as to the behaviour of competitiveness of Italian manufacturing products in the period from 2000 to 2008.


2022 ◽  
pp. 185-202
Author(s):  
Ana Paula Lopes

As the COVID-19 pandemic has spread across the world, the existence of disruptions in demand and supply have become more severe, conducted by containment measures taken by countries and affecting different sectors around the world. Although businesses and workplaces are restarting activities in some countries, with containment measures gradually being lifted, overall consumer demand is expected to remain low, also determined by the loss of jobs and income. Therefore, the scale of the impact on supply chains exceeded anything most companies had anticipated. This study aims to understand how companies were affected and identify some lessons learned about their vulnerabilities and the possible ways to address them in the long term. On the other hand, it is intended to reveal some of the impacts of COVID-19 and make some practical suggestions that can help in political and operational decisions to strengthen and build additional resilience in supply chains in the future.


2021 ◽  
Vol 13 (23) ◽  
pp. 13366
Author(s):  
Hiroe Ando ◽  
Fumitaka Kurauchi

The road network is one of the most permanent elements of the physical structure of cities, and the long-term impacts should be considered for effective and efficient road network improvement. It is therefore important to catch up on how the road will be used after construction. However, we do not have much knowledge on the pattern and time lag in the change process of travel demand and supply in the real situation. To explore such changes, this study proposes to evaluate a network with eigenvector centrality (EC) measures that can evaluate the importance of nodes in a network. We believe the analysis based on topological properties by the graph theory is suitable to verify the evolution of road networks. This study analysed long-term changes over 20 years in an actual city to understand the impact of road network improvements. The EC analysis with the weights of traffic indices obtained from survey data evaluates the connectivity of road services on the supply side, and traffic concentration on the demand side.


2019 ◽  
Vol 12 (41) ◽  
pp. 16-23
Author(s):  
Jamal Hasan

Abstract E-commerce is the purchase and sale of goods and services over the Internet. It assumed that despite the ever-expanding online transaction, the retail shops would not disappear. Various surveys have shown that customers still prefer to shop in stores and the number of purchases is increasing. Currently, they mainly use combinations of ecommerce and retail stores. Before the final purchase in the store, customers prefer to find out all the necessary information via the Internet. In the case of online shopping, customers prefer to look at the product in a retail shop and then purchase it via e-shop. In this paper, we decided to verify my hypothesis. The article aimed to determine the impact of e-commerce on retail stores.


2020 ◽  
Vol 26 (6) ◽  
pp. 619-628
Author(s):  
N. P. Golubetskaya ◽  
E. V. Ushakova ◽  
T. V. Chirkova

The presented study focuses on a comprehensive analysis of digital technologies in the context of formation of priority directions for the development of regional socio-economic activities and deepening of business segments with allowance for the creation of innovative potential of economic entities.Aim. The study aims to develop a comprehensive approach to the formation of scenario approaches for the development of regional socio-economic systems in the context of the structural reorganization of the global economy.Tasks. The authors identify directions for the development of regional socio-economic systems in the context of digital technologies; assess the potential for entrepreneurship in segments that ensure the progressive development of regional socio-economic systems; develop recommendations for improving the performance of economic entities at the regional level of management.Methods. This study uses general scientific methods of cognition to comprehensively analyze the impact of digital technologies on the operation of regional economic entities within a common information space.Results. Business structures serve as a driving force in the use of information and communication technologies as they make it possible to increase the efficiency of production and provide competitive advantages in the long term. The structure of the global market of goods and services is transforming due to the rapid development of innovative technologies that accelerate the transition from the idea to the final product, its distribution and service. The global market determines the vector of progressive development based on the achievements of digital technologies in the long term. New organizational forms of regional socio-economic activity have formed under the influence of Internet technologies, reflecting the transition from marketing assessment of consumer behavior towards business models based on intellectual capital.Conclusions. The world’s largest IT companies have become major players in the international market of goods and services within the global digital space. Networking between economic entities is influenced by the dynamically developing active investment activity of leading enterprises. The capital market is currently transforming due to the increasing investment in international projects and programs by consortia and integration groups with the participation of major companies and countries that have the potential of using digital technologies. Global investment flows tend to increase in the segment associated with “mass-market” technologies. New opportunities for the development of entrepreneurship have emerged – for example, in the field of online games, e-commerce, and storage of database arrays. This process will inevitably reinforce the importance of global enterprises using intellectual capital and comprehensive analysis of data of the digital space of regional socio-economic systems. Global and local digital markets are transforming entrepreneurship, creating new organizational forms for its implementation in regions that have the potential to create intellectual capital as a tool for solving national socio-economic problems.


2019 ◽  
pp. 366-373 ◽  
Author(s):  
Tatyana Milova ◽  
Kateryna Troshkina ◽  
Yevhenii Horlov ◽  
Jaroslaw Dobkowski

The paper summarized the arguments and counterarguments in the scientific debate on the impact of corruption on a country's brand. The modern approaches to the analysis of corruption’s impact on the country's macroeconomic indicators were analysed. The authors justified that increasing the corruption’s level is considered as one of the most significant deterrents to the radical political and economic changes taking place in the countries by society. The main purpose of the paper is to analyse the long-term cause-and-effect relationships between Control of Corruption and the country's brand. Four European countries (Latvia, Lithuania, Poland and Ukraine) were selected as the object of the investigation, which pursued an evolutionary policy of reforming the political and economic system after the collapse of the Soviet Union, which encouraged the practice of eliminating corruption. The research period was 2000-2018. With a purpose to check the hypothesis of the investigation the 3-stage algorithm to estimate the long-term cause-and-effect relationships between Control of Corruption and the key parameters of the country brand is developed. The developed algorithm was based on the Augmented Dicker-Fuller test and granger casualty test. It is established that for Ukraine, the interconnections between Control of Corruption and International migrant stock, Control of Corruption and Exports of goods and services, Control of Corruption and Foreign direct investment had a unidirectional character of influence of the corruption’s level on the components of the country’s brand. The findings proved that 51.73%, 43.79% and 66% of the total fluctuations of International migrant stock, Exports of goods and services, Foreign direct investment depend on changes in the level of corruption in the country. The obtained results allowed concluding that for the European Union countries (Poland, Lithuania and Latvia) it was the country brand that had a positive impact on reducing the corruption’s level. It was justified that the choice of a specific model for combating the corruption’s level in the chosen countries significantly determined the course of their political transformation and influenced the change’s rate of the social and economic development. Keywords: brand, stakeholders, competitiveness, investors, corruption.


Author(s):  
J. M. Gruzina ◽  
Kh. P. Kharchilava ◽  
K. Yu. Mukhin

Due to the rapid development of digital technology, the structure of future jobs is becoming increasingly complex, and university graduates need to acquire the right combination of skills to succeed in a rapidly changing world. The need for continuous replenishment and updating of professional knowledge is determined by the pace of scientific and technological progress, the transition to the information stage of the development of society, and the widespread use of innovative technologies. There are prerequisites for the formation and development of the category of “strategic outsourcing”. Unlike the services of the service, which have a one-time, episodic nature, strategic outsourcing is usually transferred to the functions of professional support for the uninterrupted operation of individual systems and infrastructure based on a long-term contract. Strategic outsourcing allows not only to restructure business processes radically but also significantly improve opportunities and prospects. The purpose of this study is to study the concept of outsourcing in entrepreneurial training and the development of human capital.


2021 ◽  
Vol 2021 (2) ◽  
Author(s):  
S. Pokhylko ◽  
T. Dvorianova ◽  
E. Voloshyna

This article is devoted to analysis of the theoretical foundations and economic essence of drop shipping and the influence of COVID-19 on drop shipping development. The authors conducted bibliometric analysis of the most relevant publications in the Scopus database. The most cited publications on this theme are presented in the paper. Systematization of the scientific background shows that e-commerce exponential growth enhances the impact of drop shipping on developments in business processes. Thus, such an e-commerce drop-shipping supply chain has many advantages. One of them is evident in collaboration with manufacturers and the search for consumers to be supplied for buying their goods and services. Concomitantly, a drop shipper advertises a product to a producer on drop shipper’s own websites employing all the marketing strategies and taking orders from the clients. The authors particularly noted the features of inventory management when such a method of e-commerce is used. The reason is that there is no need for a drop shipper to store any products. Hence, the inventory costs are drastically cut. This paper analyzes the main drop shipping tools and their advantages for improving business indicators. The paper embodies the essence of dropshipping from a drop shipper side. The article carries out an analysis of drop shipping types, the most common e-commerce platforms and marketing tools to improve the running the business. This work compares advantages and disadvantages of drop shipping for both a seller and a buyer. Author's algorithm of drop shipping– steps of the drop shipping model functioning - is presented in the work as well as current statistics of the interrelation of the pandemic COVID-19 and a tremendous growth of e-commerce. It was defined that the sales amount among some product categories has soared several times as the pandemic started in the world. Clients preferred to purchase toiletries, medication, food, books, clothes and shoes in online stores. The results of the scientific study are analysis of the major indicators of the drop shipping market and forecast for the future rise in such purchases without a straight participation of producers. Due to the fact that this drop shipping innovative concept provides flexibility and time saving, the clients do not have to visit brick-and-stick stores. Which is attractive to clientele and used widely during the lockdown.


Author(s):  
Halyna Rachynska ◽  
Iryna Harasiuk

Corporate social responsibility is the responsibility of an individual company for the impact of its decisions and actions on society, the environment, through transparent and ethical behavior that promotes sustainable development, health and well-being of society, takes into account the expectations of stakeholders, complies with applicable law and international conduct. Taking into account that the main economic role of banks is to provide financial opportunities for business by increasing the monetization of the economy through cheap credit, promoting the production of high value-added goods, so that not to become a raw material appendage and a powerful supplier of labor to other countries it is important to analyse the social responsibility of banks in the context of ensuring the social and economic development of the state. The urgent task in the near future for Ukraine involves the formation of the concept of its development, focused on people, concentrating on financial investments in the basic infrastructure of cities in the field of education, medicine, ecology. One of the tools for this strategic task is the social responsibility of banks, based on their interaction with regional and local governments in order to form and develop partnerships to ensure the efficiency of business processes, soften the monetary policy of the National Bank of Ukraine (NBU) at the expense of money issued by commercial banks in the form of cheap loans. The article monitors the main areas of social responsibility in the banks of Ukraine, identifies obstacles to the active development of social responsibility of banks. The priority tasks set for Ukrainian banks to intensify their social responsibility are the formation and publication of a mandatory Management Report, also partnership of banks with influence groups, non-governmental organizations, as well as with local authorities, their systematic transition from project-based social responsibility to program-based activity in their initiatives, adaptation of international projects and strategies of banks to the Ukrainian market, introduction of innovative products and services in the operational activities of banks, which help to solve specific social problems and create new opportunities for people.


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