Author(s): Md. Mahedi Hasan
Published in: International Journal of Engineering Research & Technology
License: This work is licensed under a Creative Commons Attribution 4.0 International License.
Volume/Issue: Vol.1 - Issue 8 (October - 2012)
E-commerce has a significant impact on business costs and productivity. The Internet has opened up a new horizon for trade and commerce, namely electronic commerce (e- commerce) has a chance to be widely adopted due to its simple applications. Thus it has a large economic impact. It gives the opportunity for °»boundary crossing°… as new entrants, business models, and changes in technology erode the barriers that used to separate one industry from another. This increases competition and innovation, which are likely to boost overall economic efficiency. However, e-commerce is considered as close substitute for the conventional on-shop transaction keeping in mind the premises that different types of media (print, audio, video, telephone, computer based communication system, etc.) are synchronized in the delivery process in buying and selling system. Of course, in this age of information super high-way, nobody can challenge the possibility that effective and quality services can be offered through different types of modern media ? without any real shopping place. Real shopping centre can be substituted by the virtual market environment. Now a question frequently strikes our mind: °»Is the realities in the developing countries like Bangladesh, where access to modern technologies is very limited, meet the philosophy of e- commerce?°… This paper aims at examining whether there is any gap between the philosophy of the e-commerce and the reality in the developing countries like Bangladesh and identifies the factors lies behind this gap. Then suggests some measures to be taken to minimize the gap.
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