IGNACIO, VIVIEN MAE D.

BSN2B

IS101

1. What is the impact or effect to the economy when small businesses will
go global and used the technology to sell their products world wide? (10
points)
Technology has revolutionized the way companies conduct business by
enabling small businesses to level the playing field with larger organizations.
Using technology, can reduce business costs. Basic enterprise software
enables a firm to automate back office functions, such as record keeping,
accounting and payroll. But using this type of strategy should create secure
environments for maintaining sensitive business or consumer information to
avoid any conflicts. Furthermore, it has a huge impacts since you have to deal
with a bigger companies and can improve our community. Expanding business
can harbor more opportunities, manpower, and technology as well.

2. Based on the 10 myths of e-commerce give atleast one myths to support

or explain further your answer on question number 1? (10 points)
The number 1 myths “e-commerce is easy.” There are so many things to
consider and take care of. You have to brainstorm everything you need in a
company, where is the best suppliers? , logistics, delivery options, payment
options, and another essential to what is to consider is what you will be selling?
Who are your target customers? This is just a few things to consider and to go
globally it takes a step-by-step process and that could lead to many years to
process. Most probably, there are even more thing to consider when starting
an e-commerce business. Although, going globally can harbor a lot of
opportunities but we have to have a good plan and decision-making.