Memorandum

To:           Jake Cook

From:     Liying Wu

Date:      2/1/2005

Re:          Article Review 4

Source Citation:

Rahman, S.M., & Raisinghani, M.S. (2000). Electronic commerce: Opportunity and challenges. Hershey: IDEA Group Publishing.

 

Summary:

             With electronic commerce growing exponentially, staying competitive through an effective e-business strategy is tough challenge.  This book looks at the critical fundamental elements that could impact a user’s perception of business-to-business and business-to-consumer electronic commerce.  It presents a study of key components and concepts of e-commerce.  Our research will focus on how business can generate its competitive advantages through e-commerce.

 

Research Questions:

1.         Why e-commerce is important for business?

 

Outline Ideas:

1.        The trends of e-commerce

2.        The changing form of electronic payment systems

3.        The competitive advantages through e-commerce and e-payment

4.        The challenges of e-commerce and e-payment

 

Direct Quotes & Paraphrases:

1.        “The future ain’t what it used to be.” (Rahman, & Raisinghani, 2000, p. 1)

 

2.        “The growth of international interconnected computer networks and the pervasive trend in commerce of using these networks as a new field for business operations is stimulating demand for new payment methods.” (Rahman, & Raisinghani, 2000, p. 12)