Page 148 - DCAP307_PLANNING_AND_MANAGING_IT_INFRASTRUCTURE
P. 148

Planning and Managing IT Infrastructure




                   Notes


                                     Notes  A key factor in increasing customer confidence is to prevent the risks of fraud and
                                    unlawful activities. There are various means of increasing the security of online financial
                                    transactions.

                                       Legal Aspects: As soon as you are doing business online, a legal framework comes into
                                       play which must be complied with to the letter. Fortunately, this sounds worse than it
                                       really is.
                                       After a slow start, electronic trading is taking off. People are going on-line at unprecedented
                                       rates and multiple on-line shops are appearing left and right.

                                       However, there are still a considerable number of barriers preventing many small and
                                       medium sized enterprises (SMEs) from going online and taking the opportunities offered
                                       by the Internet. These barriers include:

                                            Laws & Regulations
                                            Contractual Aspects
                                            Online Payments
                                            Privacy
                                            Data Protection & Intellectual Property Rights
                                       These aspects are just a few of those numerous factors relevant for the companies which
                                       are planning to do e-business.
                                       E-business marketing: Online marketing is a powerful tool that gives you new possibilities,
                                       but should be used with insight.

                                  Self Assessment

                                  State whether the following statements are true or false:
                                  13.  An organisation’s strategic planning process for e-business is not required to be firmly
                                       grounded in the whole of the business.
                                  14.  As soon as you are doing business online, a legal framework comes into play which must
                                       be complied with to the letter.
                                  15.  Online marketing is a powerful tool that gives you new possibilities, but should be used
                                       with insight.




                                     Case Study  e-Business in Small Danish Furniture Manufacturers


                                          he Danish furniture industry is very competitive. When related to the small
                                          population of Denmark, Danish furniture production and exports are quite
                                    Tsignificant on the global market, as the Association of Danish Furniture Industries
                                    (ADFI) claims.
                                    Danish Furniture On-Line

                                    The combination of advanced technology and an elevated level of technical competence
                                    makes productivity in the industry very high. Companies with less than 50 employees
                                    reach 84% of the productivity level of medium-sized and large enterprises.
                                                                                                       Contd....

          142                              LOVELY PROFESSIONAL UNIVERSITY
   143   144   145   146   147   148   149   150   151   152   153