Topic > The Impact of E-Commerce on Small Businesses - 1767

Introduction: E-commerce is a phenomenon that is rapidly emerging among businesses around the world and has affected businesses of all sizes in many ways wait. This research examines small business and its importance in the market and economy, CE, its benefits and limitations, and the impact e-commerce has had on businesses. Small Business: Definition: A small business can be a business with a small number of employees. The definition of "small business" often varies by country and industry, but is generally under 100 employees in the United States and under 50 employees in the European Union. These businesses are normally privately owned companies, partnerships or sole proprietorships. Small businesses are common in many countries and depend on the country's economic system. Examples include: small shops, hairdressers, traders, lawyers, accountants, restaurants, photographers, small-scale manufacturing companies, etc. Small businesses are generally independent businesses that have little influence on the market. Small businesses, often located in private homes, are called microenterprises (a term used by international organizations such as the World Bank and the International Finance Corporation). The term “mom and pop business” is a common expression for a single-family business with few or no employees other than the owners. When looking at the number of employees, the definitions in the United States and Europe are the same: fewer than ten employees. (sbc004.pdf) (Griffin, 2003) The importance of small businesses: Small businesses have a clear relationship with the overall economy, and if we take an example like the United States, where more than 86% of businesses. .. middle of paper... production planning and control, as well as supply and payment processes, change when companies provide customized products.• EC offers effective communication between supply and production and companies are able to respond efficiently and quickly to the question. (Turban, 2006) Conclusion: E-commerce has grown significantly in recent years, it has helped small businesses expand and create new businesses easier and faster than before, it has also changed the way they deal with customers and has helped the economy grow, and more and more companies do business on the web, all of this shows how important CE is in many respects and how it will continue to emerge among businesses. Bibliography: Griffin, Ebert. Business essentials. New Jersey: Person Education, 2003.Turban, Ephraim. E-commerce. New Jersey: Personal Education, 2006.