Thursday, October 15, 2009

E-commerce


Over the past decade e-commerce and become a safe and efficient way to do business. With credit card companies backing most fraudulent purchases, and safe data warehouses, there is almost nothing to worry about when it comes to buying merchandise over the internet. Because e-commerce has been around for some time now, strict rules and regulations are enforced by the government keeping tabs on all companies that do business over the internet making it very difficult for scams and fraudulent companies to get away with your money.
I would strongly encourage anyone to purchase things over the internet. In the beginning I was very skeptical about entering card numbers and giving out information to buyers, but after doing research and checking out company’s security policies, I have been put at ease when purchasing books, cloths, electronics, motorcycle parts, and even renting DVD’s.
With the invention of e-commerce has come a variety of benefits for consumers. Greater selection of almost any product is available at the click of the mouse. Prices can be found at a fraction of the cost and shipping costs are many times included.
For producers, and distributers, e-commerce gives a much larger population accessibility to your product and allows you to have a lower overheard allowing you to be located virtually anywhere, avoiding the high prices of malls, and highly populated areas. Advertising can be paid for on a per-use bases being charged only when people click on you add, and even employees can work from anywhere.
Overall, e-commerce has benefitted the economy and helped to expand company’s reach and consumer’s buying capacities. It is safe and easy as well.

Tuesday, October 13, 2009

Samsung Behold

I've been needing a new phone and here's one that I've been looking at for Tmobil. It's actually a pretty good deal for a touchscreen.

Wednesday, October 7, 2009

This week I found it very interesting how useful excel and be in pinpointing errors in a companies information. Using filters, pivot tables, and graphs to show how each table or row is related to each other can bring new information to view that can help improve. The key is to maintain correct information in your systems.

Saturday, October 3, 2009

Week 5

This week one particular subject that caught my attention were decision support systems. In my personal life I find it hard to make decisions, especially those that have a long lasting affect on my life. Some decisions I have known to be right, and having that knowledge has made such decisions obvious and easy to choose such as the decision to go on a mission. Many other decisions that I am faced with are much more difficult and require research, prayer, time, and weighing of options. I have found that the more information I have, the easier it is to make a good decision.

In the business world the same is very much true. In my marketing class we learned about how valuable gathering data for decision making is. It can be very beneficial if done correctly, helping a business know where to focus and how to be more efficient. One example was given was about a casino called Harrah's. While original thoughts lead managers to believe that "high rollers", or those who spent a lot of money when they came in and gambled, were the main source of revenue, studies done and analysed by decision support systems helped the company to recognize that regular average business men and women accounted for 82 percent of its revenue. This group accounted for only 26 percent of they're customer base (Levy, Grewal).

With the help of this information, the casino began implementing plans to benefit these regular customers to insure their business was made easy and convenient, allowing them to bypass lines, and come and go with ease.

In conclusion as a company or even in one's personal life learns to use such systems it can help decision making to be effective and simple.


Levy, Grewal. (2009) Marketing. New York: McGraw-Hill/Irwin Publishing. Pages 145-146.