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Your company is experiencing decline in business because of competition. Your manager thinks they may be able to turn the company around if they can get help from an IT professional on E-Commerce and Mobile Technologies. Assume your company is a traditional retail entity similar to Sears, Macy’s or K-Mart, suggest ways your company can use E-Commerce and Mobile Technologies to increase its visibility and sales. In your discussion, explain what is E-Commerce and Mobile Technology.
*Use research from 3 academically reviewed journal articles to support your response.
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Businesses face a lot of competition. Corporations look for strategies to shine the brutal competition in the market. The two central strategies are the use of E-commerce and mobile technology (Laudon & Traver, 2016). E-commerce implies performing business activities through the internet. In this kind of business, the customers do not physically engage since all the shopping and transactions are online. On the other hand, mobile technology is the use of technology in communication and relevant aspects that enable transmitters to send and receive data at the same time on a single channel without the interference of the frequencies.
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