The paper "Systems Requirements for E-commerce Server" is a great example of a finance and accounting essay. This is a mail order store business that deals with various tech toys such as LED shower lights, palm-sized radio-controlled helicopters and USB digital microscopes among others. The company operates in Australia and it is seeking aggressive expansion whereby part of its new business strategy is to tap on international clients from various parts of the world in the most cost-effective way. In order to achieve this, the organization has been forced into adopting an online business model that is accessible at any location across the world.
Traditionally the business has been operating through remote methods such as telephone calls or website view followed by ordering, a business model whereby merchandise is delivered to the client’ s addresses or a nearby retail location for the customers to pick them up personally. This practice today is outdated and with increasing globalization and business competition, the organization finds itself in a situation that it is forced to devise new ways of conducting business so that it may compete directly with its competitors.
These include upgrading its existing internet infrastructure and deploying new business models. Online shop Technological Infrastructure The organization has to upgrade its technological infrastructure. It has to begin by developing a website that embraces the latest online technologies with the capabilities of initiating global transactions. This requires a system that is simple and easy to use, reliable, scalable and comes bundled with numerous features such as multiple online payment formats such as accepting credit/debit cards, PayPal, web money, E-Gold, telegraphic transfers, western union integration among others. The system should also have an inbuilt shopping cart that will assist online shoppers to manage their items while conducting their shopping.
An electronic shopping cart also enables online shoppers to save their purchases and return later to the website to complete their shopping, it provides an opportunity of removing items from the shopping cart without deleting the entire order, it also connected to the order inventory and sellers may easily know whether they have enough products to fulfill their orders, sellers can easily track what has been purchased by the clients thus anticipating their future demands (Michael Moshkovich, 2010).
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