Impact Of E-Business On Metal Trading.
Assignment 1 Impact of e-business on Metal Trading e-Business-1.
e-Business-1.
Assignment ? 1.
Impact of e-business on Metal Trading.
Name : Partha Sinha
ACS Membership No : 2153852
Telephone : + 971 3 7650772
Fax : + 971 3 7650771
Email : [email protected].
Address : POB: 80675, Al Ain. UAE.
Partha Sinha 1
Assignment 1 Impact of e-business on Metal Trading e-Business-1.
I declare that this assignment is based on my own work and that all material previously written or published in any source by any other person has been duly acknowledged in the assignment.
Partha Sinha.
07/07/2002.
Partha Sinha 2
Assignment 1 Impact of e-business on Metal Trading e-Business-1.
Impact of e-business on Metal Trading.
Abstract.
The dotcom boom of the mid-nineties, saw the birth of several online exchanges, some click-only and some established by their brick-and-mortar counterparts. All these exchanges saw a huge business potential in terms of volume and profits in bringing buyers and sellers together on a common platform. E-business was the magic word on everybody's mouth. But with time people saw that like their dotcom counterparts, the online trading sites were also going bankrupt. The major reasons identified were lack of globalisation, lack of properly trained personals, hefty transactions fees, lack of transparency and also the lack of any valued added services. This paper examines the impact of e-business in metals trading and what is needed to improve the Online trading in Metals, thereby addressing the shortcoming in the present e-business model and their possible remedies.
Introduction.
Throughout history, businesses big and small have always been trying to device new ways/concepts/tools to improve their business ...
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