Assignment Research Project
Assignment Research Project
Organisation
Author Name
HND Business
TABLE OF CONTENTS
Acknowledgement................................................................................................................... 3
Abstract.................................................................................................................................. 4
Introduction............................................................................................................................. 5
Learning Outcome 1............................................................................................................. 7
Task 1.................................................................................................................................. 7
Outline and produce the research project specifications by defining the research
question/hypothesis, describe the research aims and objectives; rationale for selection
of the topic; outline of the literature and data collection methodology etc......................7
Task 2.................................................................................................................................. 9
Discuss the factors which you have considered or the factors which helped you in the
selection of this research project......................................................................................9
Task 3................................................................................................................................ 10
Select and discuss the literature relevant to your research project. Critically analyse the
suitability of your selected literature/references for your research project.....................10
Literature Review........................................................................................................... 10
Types of E-Commerce..................................................................................................... 11
The Advantages and Disadvantages of Internet Marketing............................................11
E-Commerce Success Model........................................................................................... 13
Task 4................................................................................................................................ 15
Develop a plan that indicates the procedures and estimated time to undertake the
research project activities/specification as planned.......................................................15
Learning Outcome 2........................................................................................................... 16
Task 5................................................................................................................................ 16
Identify and match the required resources to meet the defined research
questions/hypothesis for the selected research project..................................................16
Task 6................................................................................................................................ 17
Develop a plan to collect data for your research project by explaining the sources and
types of data. Also specify the questions which you have planned to use in
questionnaire/interviews (if planned).............................................................................17
Task 7................................................................................................................................ 20
Present the data in a suitable format collected from various sources for the research
project............................................................................................................................ 20
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ACKNOWLEDGEMENT
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ABSTRACT
This paper postulates around the current trends in online business which
poses immense possibilities that the Internet has to offer. The research
primarily focuses on expanding and increasing the business capacities of
superstores which have large quantities of different products to sell but
unfortunately these products due to lack of access to the people presumably
do not reach to the desired consumers and audiences thus through the
utilization of the internet and through joint ventures by different superstore
owners to combine their business and offer the products of their owned
superstores on a platform of internet and yet still be able to pocket profit and
expand business is worth while giving large opportunities to establish
themselves firm roots.
The core concept revolves around the Case Study of the famous e-commerce
site Ebay which incorporates different vendors and provides them with an
online store to conduct their respective business.
But this remains limited only to the online retailing and by incorporating this
sort of mechanism the scattered and various superstores will very well
benefit from the potentials of joining and merging their business to offer
wider variety of products which they cant seem to offer at their stores but
could possibly ship them at others.
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INTRODUCTION
In todays high-speed, always-on data economy, understanding how to best
engage with clients means understanding the statistical data and how to
transform it into actionable insights. eBay, the leading online retail and
auction site, has proven that this is now the rule rather than the exception.
The key to eBays extraordinary success is its ability to turn enormous
volumes of products offered into useful insights that customers can glean
directly from the pages they visit routinely. To accommodate this explosive
growth of products, eBays data centers perform billions of reads and writes
each day. This increasing demand to process product demands at blistering
speeds meant eBay needed a solution that did not suffer from the
bottlenecks, scalability limitations and transactional constraints associated
with common relational approaches According to the SEC filing, eBay
summarizes the core messages to define its proposition as follows:
For buyers:
Trust
Value
Selection
Convenience.
For sellers:
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LEARNING OUTCOME 1
Understand how to formulate a research specification. (Learning Outcome 1)
TASK 1
RESEARCH QUESTION:
This research is about the impact of putting conventional form of
merchandise into e-commerce. So in our questions and studies our main
focus is how e-commerce will help the superstores join them together on an
internet platform to expand their range of products and increase business.
Our study will answer the following key aspects.
Potentials of E-commerce?
Future implications?
RATIONALE:
E-commerce is a vast area which is discussed in many lengths in numerous
articles and studies. Infect nowadays eastern hemisphere is following the
modern approaches and principles of modern technology in their
organizations and their performance is increasing day by day. In prior studies
internet of things is discussed only in the context of organizations that how
should it work and behave in organizations. Now in this paper I choose ecommerce industry as where there is a much need of improvements and
changing the notions of people and their insecurities regarding it. Because ecommerce industry is often perceived as flawed and vulnerable to losses and
damages both financially and organizational. E-commerce is a broad area
and it is studied by many authors and there are many articles on it but I will
specifically see in the context of Ebay in the E-commerce industry. Hacking
and explicit online mal-practice now days are very heinous and grave issues
to discuss and to focus on it because in much organization due to such
practices many business and vendors cant perform according to the
expectations. There have been empirical studies to discuss this topic. In
additions there are other products of these variables that have not been
examined.
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TASK 2
DISCUSS THE FACTORS WHICH YOU HAVE CONSIDERED OR THE
FACTORS WHICH HELPED YOU IN THE SELECTION OF THIS RESEARCH
PROJECT.
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TASK 3
SELECT AND DISCUSS THE LITERATURE RELEVANT TO YOUR
RESEARCH PROJECT. CRITICALLY ANALYSE THE SUITABILITY OF YOUR
SELECTED LITERATURE/REFERENCES FOR YOUR RESEARCH PROJECT .
The literature survey examined journals, articles, papers and notes. The
review was done to identify gaps in the prior research and to fill that gap
with a theoretical contribution.
LITERATURE REVIEW
Literature on web theory is scant because it is a relatively a new area and
the technologists at the forefront of Web design are typically not sufficiently
academically inclined to formulate the relevant theories (Day, 1997). While
previous research has examined Internet usage (Teo, Lim, & Lai, 1999),
commercial websites (Gonzalez and Palacios, 2004), website design (Kim,
Shaw, & Schneider, 2003), website effectiveness from the consumers
perspective (Bell & Tang, 1998), pricing paid placements on search engine
(Sen et. al., 2008), and bidding (Bernard and Simone, 2011). This form of
online advertising emerged in 1998 [Fain and Pedersen 2006], rapidly has
become the central business model of the major search engines [Jansen and
Mullen 2008], and is one of the most rapidly growing segments of the online
marketing area [SEMPO Research 2009] Search engine has become a
necessity for people to surf the web [Hsien-Tsung Chang, 2011]. It is a simple
user interface is designed. Any user simply fills in several fields and the
system makes the decision about what to find, where to search and how to
look at. The threshold of search is lowered. SEM is an internet marketing
model aiming at promoting the ranking of websites in the search engine's
search results page which can make a web site introduce into more web
users and website traffic [iProspect 2008]. Li-Hsing HO et. al., (2011)
explained about exploration of SEO technology applied in internet marketing,
Kesharwani and Tiwari (2011) studied the importance of website quality
towards the success or failure of any e-vendor. Khan and Mahapatra (2009)
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studied that the quality of internet banking (i-banking) services in India from
customers perspective. Malhotra and Singh (2007) carried out a research to
find the i-banking adoption by the banks in India. Thus, it is high time that
India should act fast and decisively in order to use the growing electronic
trade to our advantage.
TYPES OF E-COMMERCE
Waghmare G.T. (2012) has defined the following types of e-commerce: (i)
B2B E-Commerce: Companies doing business with each other such as
manufacturers selling to distributors and wholesalers selling to retailers.
Pricing is based on quantity of order and is often negotiable. (ii) B2C ECommerce: Businesses selling to the general public typically through
catalogs utilizing shopping cart software. By dollar volume, B2B takes the
prize, however B2C is really what the average Joe has in mind with regards to
ecommerce as a whole. for example, indiatimes.com. (iii) C2C E-Commerce:
There are many sites offering free classifieds, auctions, and forums where
individuals can buy and sell thanks to online payment systems like PayPal
where people can send and receive money online with ease. eBay's auction
service is a great example of where customer-to customer transactions take
place every day. (iv) Others: G2G (Government-to-Government), G2E
(Government-to-Employee), G2B (Government-to-Business), B2G (Businessto-Government).
THE ADVANTAGES AND DISADVANTAGES OF INTERNET MARKETING
Melody and Robert (2001) remarked that the Internet can provide timely
information to customers because of its ability for instant communication,
and its availability 24 hours a day, 7 days a week [Lane, 1996]. On-line
marketing offers more choices and flexibility [Lamoureux, 1997] and, at the
same time, eliminates huge inventories, storage costs, utilities, space rental,
etc., [Avery, 1997]. People tend to associate Internet marketing with direct
marketing because companies participating in online marketing usually
shortened the supply chain [Edwards, et al., 1998] and reduced commission
and operating costs. The ability to serve as both a transaction medium and a
physical distribution medium for certain goods is a unique feature of Internet
marketing. Such advantages can be best realized by companies that provide
digital products/services such as software, music, news, consulting services,
online ticketing and reservations, telemedicine, insurance, banking, stock
brokerage, tax, and other financial service industries. Using the Internet as
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the distribution channel can reduce not only the delivery cost substantially,
but also ensures instant delivery of products/services.
Moreover, Ruckman (2012) suggested that Internet research becomes an
increasingly important tool during the purchasing process; more marketers
are seeing the advantages too. Its a win-win situation. Marketing
departments are investing more into online marketing today because its:
Attractive to a significant segment of the demographics for
most customer profiles. It can effectively reach the target
customer.
Faster and less expensive to conduct direct marketing
campaigns Measurable, which means that successes are
identifiable and repeatable
Open 24-hours a day
Cost-effective, in the long run.
Disadvantages:
There is no actual face-to-face contact involved in the Internet
communication. For the types of products that rely heavily on building
personal relationship between buyers and sellers such as the selling of life
insurance, and the type of products that requires physical examination,
Internet marketing maybe less appropriate. While internet marketing cannot
allow prospective buyers to touch, or smell or taste or 'try on' the products,
however a survey of consumers of cosmetics products shows that email
marketing can be used to interest a consumer to visit a store to try a product
or to speak with sales representatives [Martin at el (2003)]. Some of the
disadvantages of e-Marketing are dependability on technology, Security,
privacy issues, Maintenance costs due to a constantly evolving environment,
Higher transparency of pricing and increased price competition, and
worldwide competition through globalization.
E-COMMERCE SUCCESS MODEL
A growing number of studies are discussing e-commerce success. Using the
D&M model and the communication and ecology theories that anchor the
model, there is a need to evaluate the success of e-commerce systems at
different levels -- system, individual and organizational. Likewise, some eAUTHOR NAME
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commerce researchers (such as Von Dran et al, 1999; Kim, 1999; Loiacono
and Taylor, 1999) have focused on the system aspects of e-commerce
systems that establish the web presence of companies. Others (see Zhang et
al, 2000) investigated the quality of the content displayed on the web
system as distinct from the technical quality of the system. A growing
number of studies (Henneman, 1999; Nielsen, 1999) are also focusing on the
usability aspect of e-commerce systems while others (Han and Noh, 1999,
Jones & Kayworth, 1999) focus on assessing the use level and the
satisfaction of users and customers in interacting with e-commerce systems.
A few studies (Schubert and Selz, 2001, Kardaras and Karakostas, 1999)
have investigated the overall effectiveness of e-commerce systems and its
impact on organizational performance While each of the studies mentioned
above made significant contributions, little attention has been paid to
integrating the various independent variables into a comprehensive model
and in defining the dependent variable. Although Use and User Satisfaction
are the most widely used dependent variables in the e-commerce literature,
standard and systematic criteria for assessing Use and User Satisfaction of ecommerce systems do not seem to appear. For example, existing Use metrics
focus on using specialized software to calculate indices such as reach, hit,
click-through rate, conversion rate and do not extend to identifying what
really affects Use. In the same vein, there does not appear to be a
comprehensive framework and/or model that integrate the various
independent variables into User Satisfaction. In addition, despite the number
of emerging studies (Lam and Lee, 1999; Chen and Wells, 1999; Kim 1999;
Jahng et al, 1999; Meuter et al, 2000) that identify factors that affect
customer satisfaction in e-commerce, there is no comprehensive framework
and/or model that integrate the various independent variables suggested by
the studies to the satisfaction of the major group of users namely customers.
The substitution of customer satisfaction for user satisfaction as a dependent
variable to e-commerce success warrants further discussion. Using customer
satisfaction as a dependent variable might overcome the theoretical
difficulty of the relationship of user satisfaction to organizational
performance. However, it might also introduce some conceptual and
operational complexities. Businesses depend on their customers. In fact,
customers are the very livelihood of business organizations. Customer
satisfaction has always been assumed as a necessary condition for the
success of organizations. There are several studies (see for a summary Andre
and Saraiva, 2000) that bring to evidence the benefits that derive from a
high level of customer satisfaction, namely through increase of customer
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TASK 4
DEVELOP A PLAN THAT INDICATES THE PROCEDURES AND ESTIMATED
TIME TO UNDERTAKE THE RESEARCH PROJECT
ACTIVITIES/SPECIFICATION AS PLANNED.
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FRAMEWORK PURPOSED:
As it has been shown in the previous section that e-commerce is the key
processes of increasing the performance of any business. As these variables
promote the value of businesses both conventional and modern which
ultimately help in gaining competitive edge. With the proposed framework
we want to give an approximate solution to these problems by establishing
the relationship between internet, conventional business doing practices and
e-commerce. We want to promote the healthy competition and working
environment like in which everybody should manage his/her work well and
should have control on his/ her conducts of doing business and to do the best
work which is the requirement of e-commerce industry. E-commerce industry
does not often have documented process for explaining how to increase
performance through adoption of internet alone it also requires keen
attention for search engine optimizations and marketing campaigns and
other tangible offers in benefits to the clients. Therefore, theoretical
framework is developing which aims to explain the relationship between one
independent and two independent variables.
Conventio
nal
Business
Internet
ECommerce
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This frame work describes that internet and conventional businesses are
dependent variable. While e-commerce is the synthesis of these two
variables.
LEARNING OUTCOME 2
Be able to implement the research project within agreed procedures and to specification
(Learning Outcome 2)
TASK 5
IDENTIFY AND MATCH THE REQUIRED RESOURCES TO MEET THE
DEFINED RESEARCH QUESTIONS/HYPOTHESIS FOR THE SELECTED
RESEARCH PROJECT .
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believed to be solely cognitive, but rather encompasses skills that assist one
in coping with day-to-day dealings and sell-buy in the world according to
Goleman (1996; 1997), this does not however mean that we must desire
traditional ideas of commerce, as these are also relevant to the individuals
daily dealings and work performance. Rather, we should look at both
traditional concepts of commerce as well as concepts of internet of things.
HYPOTHESIS:
H1: Internet acts as a catalyst and increases the conventional businesses
profits and extends its reach.
H2: Internet decreases the cost of doing business and maintaining it is
mostly and widely done by electronic devices.
TASK 6
DEVELOP A PLAN TO COLLECT DATA FOR YOUR RESEARCH PROJECT
BY EXPLAINING THE SOURCES AND TYPES OF DATA. ALSO SPECIFY
THE QUESTIONS WHICH YOU HAVE PLANNED TO USE IN
QUESTIONNAIRE/INTERVIEWS (IF PLANNED).
RESEARCH METHODOLOGY:
The questionnaires are used as the tool in order to find the relationship
between the Internet, conventional business doing and e-commerce. Then
the Statistical software is used known as SPSS that find the different results
of the frequencies, regression and correlation among the variables.
The convenient sampling is used and the data is collected from the ecommerce industry of the world. The entrepreneurs, businessmen and
organization of commerce sectors are used as the element of the research.
RESEARCH DESIGN:
The research design of our study is causal research design because it is
appropriate according to our framework in which we are examining the
impact of internet on conventional businesses and e-commerce. Another
reason to choose this research design is that it measures the cause and
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TASK 7
PRESENT THE DATA IN A SUITABLE FORMAT COLLECTED FROM
VARIOUS SOURCES FOR THE RESEARCH PROJECT.
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RESULTS:
DEMOGRAPHICS ANALYSIS:
First of all, there is a demographic analysis on explanation of the gender, age
and qualification and all shown below:
Variables
Gender
Age
Percentages
Male
56.7
Female
43.3
20-29
77.3
30-39
22.3
DESCRIPTIVE ANALYSIS:
Variables
Mini
Max
Mean
S. d
Internet
1.30
5.00
3.6662
1.12579
Conventional
business
1.30
4.90
E-commerce
1.40
4.40
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3.4949
2.8910
1.10241
.75156
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No. of Items
10
10
10
1.246
1.089
.651
CORRELATION ANALYSIS:
Variables
Internet
Conventional
business
Job
Internet
Conventional
business
.936
E-commerce
-.685
-.720
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Correlation is the statistical tool which tells that if there is any relationship
between the variables or not. Correlation lies within the range of -1 to+1,-1
shows that a strong negative relationship exists between the two variables
and +1 shows that a strong positive relationship exists between the two
variables. Zero shows that no relationship exists.
It is experiential that with the 1% level of significance conventional business
and Internet are positively correlated with .936 correlation coefficient. The ecommerce and Internet are showing a negative relationship with -.685
correlation coefficient. There is also a negative relationship between ecommerce and conventional business with 720 correlation coefficient
LEARNING OUTCOME 3
Be able to evaluate the research outcomes (Learning Outcome 3)
TASK 8
INTERPRET AND ANALYZE THE DATA COLLECTED AND PRESENTED IN
2.3 WITH THE HELP OF APPROPRIATE EVALUATION TECHNIQUES.
DISCUSSION
The science, technology and innovation development determines countrys
economic development and its competitiveness in the global market. The
slow transition progress of world's economy into a Knowledge-based
economy, and slow development of innovation and technology are directly
associated with slow adaptation to the new system. For the adaptation of
new systems and technologies, there are much needed voluntary human
behaviors that can increase Organization Performance. This study tests the
impact of Conventional businesses and Knowledge Sharing Behavior of
individuals in Organizational context and its impact on Organizational
Performance with a moderating role of Organizational Culture. The study
sample consisted of an unequal sample of more men than women. Generally,
gender moderates the effect of Knowledge Sharing ties (Lin, 2006). In
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increase the reach and expand the clients base to do business (Kurtolu,
2007). When entrepreneurs are fully engaged and involved in their work a
greater amount of opportunities and business capacity increase will result
and ultimately boost effective business doing (Lin & Joe, 2012). Well, our
results support the hypothesis. As culture in interpersonal and Organizational
relations act as a moderator, because it sets the scene for social norms as
well as formulate needed processes. The results from our instruments reveal
that the industrys Culture that have more flexibility, team work
environment, individual autonomy and trust in its cultural norms that culture
will boost up conventional mod of doing business and e-commerce.
Our second independent variable was conventional business, E-commerce
industry. Our study supported the third hypothesis that was that e-commerce
will increase conventional business. As per the previous studies conducted
that indicated about the relationship. Podsakoff & Mackenzie (2000) pointed
out that conventional businesses who havent yet adopted to the internet
derives from the assumption that it will decrease or offer less marginal
profits to win or pose an edge from the rest of the competition. Ahearne
(1997) also reported positive association between conventional business and
performance quality. As our hypothesis was supported, instrument reveals
that person engaged in OCB is the one who consider its Organization as a fair
and trust worthy place. Further, that person is highly satisfied with the job
and organization and would result in low absenteeism and tardiness, less
turnover, no counter productive work behavior, increased productivity,
following code of conduct that all will enhance organizational performance.
So our H-3 was also supported.
The study of the moderating role of Culture in conventional doing of business
shows that business Culture in many ways can impact the outcome of the
profits turnover of businesses in an Organization and organizational
performance. It may be concluded that there are certain factors which relate
to the Culture practiced in a Workplace and which have got lot to do with
inculcating the Conventional businesses amongst the entrepreneurs. The
results indicated similar results for the Organizations surveyed, which
reiterates the assumption that culture if nurtured can inculcate citizenship
behaviors in entrepreneurs within the e-commerce. It can be hence
speculated that strengthening the Cultural roots of an any business can lead
to observance of Citizenship Behavior across telecommunication sector in
world. In this study, we found support for the hypothesis that the
Organizational Culture is positively related to the dimensions of Conventional
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TASK 9
ON THE BASIS OF YOUR ANALYSIS PRESENTED IN 3.1/3.2 (TASK 8)
MAKE SOME USEFUL RECOMMENDATIONS FOR FURTHER
IMPROVEMENTS.
FUTURE DIRECTIONS
There are some promising directions and indications of todays study which
will help the future researcher First, as our study only covers the overall
perspective of E-commerce industry and how can a conventional business
benefit from the utilization of internet as its streamline operations for
conducting its business regulations and affairs , however, other components
of commerce operatives like transactions, order placements, stocks, cash
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flows, and man labor can also be studied in detail in future to find out their
impacts on expanding business client bases and their relative performances.
Secondly, this study has taken internet as an independent variable, while
many other variables like conventional business, e-commerce, market trends
and competitive schemes, Quality of products and business commitment can
also be used as dependent variable. Thirdly, for the further research sample
size can also be increased for getting more strong results and the
moderation of Culture. Lastly, to further explore the nature of the study and
variables future researches can be used Knowledge Sharing as a Mediator to
see its impact on any conventional business Performance if internet is very
well utilized and made as a mod of conducting business which plays the role
of catalyst.
CONCLUSION
Performance of any e-commerce business which utilizes the internet in this
case Ebay is the commerce sector of the world which is highly influenced by
the utilization of the internet, and organizational culture. Internet can
accelerate any conventional business that ultimately can improve business
performances. Business and evolving market trends and competitive
schemes and their commitment to upgradation of any conventional business
are shown by the employees of any I.T sector have showed good effect on
the performance of any business and this should be improved in order to
further improve business performance. Business culture also has a significant
impact on its performance in the long run. Business trends and culture may
even be a more important factor in determining the success or failure of the
organization in the coming decades. Culture is essentially a foundation for an
organization. If the foundation is not made strong enough, then how well of a
building, it would not be sturdy enough to support it. Business culture will
also affect the behaviors of the market and its resents would flow the vibe of
a healthy competition in the market, Like the Ebay is committed to the
people who are willing to give something of themselves as a contribution to
the good of the organization so this extra helping hand and participation in
the industry affect performance in a positive manner with the role it plays.
Based on the above discussion, e-commerce with the pace of internet and
evolving social fabric of the society and their tremendous acceptance of the
modern technology and gadgets is a social indicator as well as an important
statistical data which foresights the opportunities the internet or the so
called world wide web has yet to offer has a significant impact on any
conventional businesses performance and success of the it to achieve its
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objectives. So that the conventional business must and should pay more
attention on adopting the modern trends and internet just as the famous
quote cites to flow with the flow is in fact an opportunity and good omen in
disguise to better support the organization to achieve its objectives.
LEARNING OUTCOME 4
Be able to present the research outcomes (Learning Outcome 4)
TASK 10
(A)
PRODUCE THE RESEARCH PROJECT REPORT IN A PROFESSIONAL FORMAT
WHERE TITLE PAGE, TABLE OF CONTENTS, CLEARLY SEGREGATED SECTIONS AND
LIST OF REFERENCES. YOU ARE ALSO EXPECTED TO USE HARVARD REFERENCING
STYLE WITH APPROPRIATE USE OF LANGUAGE AND GRAMMAR.
(B)
PREPARE A 10-MINUTE PRESENTATION THAT DELIVERS THE RESEARCH
OUTCOMES TO YOUR CLASS PEERS. THE BEST RESEARCH PROJECT WILL FEATURE
ON THE COLLEGES WEBSITE FOR ALL FUTURE STUDENTS TO VIEW.
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