Online Market between Problems and Challenges

Abstract

Today in technology changing world, the business has become all over the world because of the seriousness of the regular cost and benefit enjoyed by that nation. Interdependence and imagination is the key in today's business. An online business is a type of business plan that guides their activity by trading silly products and companies. Today, internet business offers many opportunities for all businesses and retailers in various regions. The advancement of information and communication technology has opened the doorways to improve business. With information and communication technology, online businesses are useful, ready to go 24 hours, reach all over the world and give ingenious customer departments. The improvement of e-commerce business is depending on the effective IT security system which is necessary technological and legal provision need to be put in place constantly and strengthened instantly. The companies are beginning to take advantage of the potential of e-commerce and critical challenges to overcome to maintain their business operation as online stores. This paper will explain the problems and challenges in e-commerce. This paper also will look at what amazon have to face as big brand e-commerce Company with its competitor. This information has been gathered using qualitative method from secondary data.