Globalization of E-Commerce in Business

Abstract

The paper outlines the realm of global e-commerce, pointing out inherent risk areas that could threaten this position. It does so by utilizing a list of drivers and inherent characteristics and their influence on promoting e-commerce; Governmental policies that serve to enable the diffusion of e-commerce; the level of e-commerce readiness that globally has attained through its infrastructure and societal characteristics; the resulting level of e-commerce diffusion and finally the social and economic impacts that e-commerce has had to date and is expected have in the future. This paper investigates the relationship between globalization, e-commerce adoption or acceptance that lead to business performance and effectiveness. Data collection analysis through online survey is also been done to see how different age group acceptance on e-commerce to support the case of how e-commerce can improve in business performance, efficiency and co-ordination, In this paper, we will discussed how globalization impact of e-commerce in business with policy implementation, pro and cons of e-commerce enhancement in the increase to business. It will outline the framework of the new policies and regulations needed by e-commerce. There will be future research and conclusion based on what I believe globalization of e-commerce will lead to growth in business.

Keywords: E-commerce, Globalization, Business