Download - Module 3
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Transition to E-commerce in India
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Challenges to Indian corporateAwareness,16%Infrastructure and accessHuman capacity and skillsLegal and regulatory frameworkFinancial institutesInternal resistance(cultural changes, not
many are prepared)
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External driving factorsSheer necessityGlobal marketValue for moneyNo-entries barriers
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Need of Act 2000For legal recognition transaction carried out
by means of electronic data interchange and other means of electronic communication
For electronic filling of documents ,with govt. agencies
For delivering govt. services by means of reliable electronic records
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Overview of ACT-2000Electronic contracts will be legally validLegal recognition of digital signatureDS to be effected by use of asymmetric
crypto system and hash functionSecurity procedure for ER & DSAppointment of certifying authorities and
controller of CA.CA should get license to issue digital
signature certificate
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Various types of computer crime defined and penalties are decided
Appointment of Adjudicating OfficerEstablishment of cyber appellate Tribunal Appeal from Adjudicating Officer to cyber
appellate Tribunal not to civil courtAppeal from cyber appellate Tribunal to high
court Act to apply offences committed outside IndiaNSP not to be liable in certain areasPower of police officers to enter into any
public place and search and arrest without warrant
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IT Act enablesLegal recognition to electronic recordFacilitate electronic communication by means of
electronic recordAcceptance of contract expressed by electronic
meanFacilitate e-commerce and EDIFacilitate electronic filing of documentsRetention of documents in electronic formPrevent computer crime, forged electronic record
falsification in e-commerce and electronic transaction
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Positive aspects for corporate sectorE-mail will now be valid and legal form(memos)E-commerce using legal infrastructureAble to use DSEntry of corporate in the business of being CA2001-2002,4% ,hike in online shopping2001-2002,13%-16%, Internet userCost- effective, time saving and profitable
solutionPush for e-commerce adoptionStarted using EDI & E-SCM
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Modern trends in E-businessE-business process Information sharing Order payment Fulfillment Service Support
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Modern trends in E-businessNeedSecurityInfrastructureDigital cashOnline catalogsEDIE-mailInstitution
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E-strategy
Integrated E-strategy
Technology
ServiceMarket
Brand
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Dimensions of E-strategyLeadershi
p
Technology
Service
Infrastructure
Organizat
ional
Brand
Market
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The commerce value chain
Attract(Adver.)
Interact(Catal.sale)
Act(Order capture)
React(Cust. service)
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Planning the E-commerce projectIdentifying the initiative’s objectiveLinking Objective to business strategyManaging business strategyContinuing operation of the initiative