Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Management Theories Expert

Question: CONSULTING OPPORTUNITY 2.1

The E in Vitamin E stands for Ecommerce

"Our retail shops and mail-order division are quite healthy," says Bill Berry, one of the owners of Marathon Vitamin Shops, "but to be competitive, we must establish an ecommerce Web site." His father, a co-owner, exclaims, "I agree, but where do we start?" The elder Berry knew, of course, that it wasn't a case of setting up a Web site and asking customers to email their orders to the retail store. He identified eight different parts to ecommerce and realized that they were all part of a larger system. In other words, all the parts had to work together to create a strong package. His list of elements essential to ecommerce included the following:

1. Attracting customers to an ecommerce Web site.

2. Informing customers about products and services offered.

3. Allowing customers to customize products online.

4. Completing transactions with customers.

5. Accepting payment from customers in a variety of forms.

6. Supporting customers after the sale via the Web site.

7. Arranging for the delivery of goods and services.

8. Personalizing the look and feel of the Web site for different customers. Bill Berry read the list and contemplated it for a while. "It is obvious that ecommerce is more complex than I thought," he says.

You can help the owners of Marathon Vitamin Shops in the following ways:

1. Make a list of the elements that are interrelated or interdependent. Then write a paragraph stating why it is critical to monitor these elements closely.

2. Decide on the boundaries and ultimate scope of the system. That is, write a paragraph expressing an opinion on which elements are critical for Marathon Vitamin Shops and which elements can be explored at a later date.

3. Suggest which elements should be handled in-house and which should be outsourced to another company that may be better able to handle the job. Justify your suggestions in two paragraphs, one for the in-house jobs and one for the outsourced tasks.

Management Theories, Management Studies

  • Category:- Management Theories
  • Reference No.:- M92383620
  • Price:- $15

Priced at Now at $15, Verified Solution

Have any Question?


Related Questions in Management Theories

Case study assignment -case description liang global

Case Study Assignment - Case Description: Liang Global Solutions (LGS) operates in the six New England states. LGS faced an important decision: selecting network software that would maximize functionality, manageability, ...

What changes would you propose if you were on the central

What changes would you propose if you were on the central planning committee that made decisions for your city?

Questionthere is no consensus on a definition of complex

Question: There is no consensus on a definition of complex systems or complex adaptive systems. Both terms are frequently used interchangeably within the literature. Rather, it is much easier to look at the characteristi ...

Assume that a salesman learned the price elasticity of

Assume that a salesman learned the price elasticity of demand for his products is -2.0. How many percent will increase in the total sales (revenue) if he cuts the price by 10%? Show your calculation process?

Identify a health technology or a specific aspect of a

Identify a health technology or a specific aspect of a payment system that is changing for your health care setting. Work as a team to prepare a PowerPoint presentation to educate and inform your co-workers about the rec ...

Questions -1 choose an industry and then use the library or

Questions - 1. "Choose an industry and then use the library or the Internet to find data from secondary sources that will be highly useful in developing a marketing plan." Start thinking of the industry that relates to t ...

Business research assignments -assessment 1 - literature

Business Research Assignments - Assessment 1 - Literature Review (2000 to 2500 words) For this assessment, students are expected to demonstrate their understanding of the extant, academic literature related to an approve ...

Journal empowering your peopleinstructionsama style with

Journal: Empowering Your People Instructions: AMA Style with references! Journal entries are private between you and the instructor. In this course, journals are low stakes opportunities to submit small portions of your ...

Identify three reasons that a project can fail explore each

Identify three reasons that a project can fail, explore each of the reasons, propose a solution that will eliminate the problem and turn the initiative into a success. Use a minimum of two peer reviewed sources. The work ...

After paying 150 you are allowed to open a newspaper

After paying $1.50, you are allowed to open a newspaper vending machine freely (i.e. get as many as you want). In contrast, a soft drink vending machine only drops one can after you pay the same amount of money. Why? Ple ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As