2024 – 1 Identify the advantages and disadvantages of taking your small business online

2024 – 1 Identify the advantages and disadvantages of taking your small business online.

1. Identify the advantages and disadvantages of taking your small business online by performing a SWOT analysis. Include 2-4 items in each category. 

2. Because the Internet connects computers all over the world, any business that engages in e-Commerce instantly becomes an international business. The key issues that any company faces when it conducts international commerce include trust, culture, language, government, and infrastructure. Explain how you would address each of these issues.

Face 2 additional complicating factors

3.Businesses that operate on the Web must comply with the same laws and regulations that govern the operations of all businesses, but they face 2 additional complicating factors as they try to comply with the law. First, the Web extends a company’s reach beyond traditional boundaries. Second, the Web increases the speed and efficiency of business communications.

Explain how you would overcome these complicating factors that come with e-Commerce in order to comply with the law.

4.Law enforcement agencies have difficulty combating many types of online crime. Describe 2 online crimes prevalent in e-Commerce and what you would do to prevent these crimes.