Dabbling in E-Commerce.Survey finds many Canadian companies This is a list of companies from Canada.
Directory: A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Current Companies are still not putting e-commerce e-commerce, commerce conducted over the Internet, most often via the World Wide Web. E-commerce can apply to purchases made through the Web or to business-to-business activities such as inventory transfers. high on their list of priorities More than 70% of Canadian companies do not consider electronic commerce to be a high business priority, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. a study released by Andersen Consulting See Accenture. . Even though 84% of senior business leaders interviewed agree that their companies will rely more on e-commerce within five years, few in Canada Canada (kăn`ədə), independent nation (2001 pop. 30,007,094), 3,851,787 sq mi (9,976,128 sq km), N North America. Canada occupies all of North America N of the United States (and E of Alaska) except for Greenland and the French islands of are readying to compete and thrive in the electronic economy. Only 20% of the more than 250 major Canadian companies surveyed were identified as e-commerce "Leaders," while 41% were characterized char·ac·ter·ize tr.v. character·ized, character·iz·ing, character·iz·es 1. To describe the qualities or peculiarities of: characterized the warden as ruthless. 2. as "Dabblers" and the remaining 39% demonstrated attitudes and behaviours associated with "Side-line History 1989 Side-line Magazine was started in 1989 by two university students David Noiret and Seba Dolimont who noticed that there was a distinctive lack of media interest in the independent music scene, and especially a lack of coverage in the darkwave, dark Observers." However, 90% of Canadian business Canadian Business is the longest-publishing business magazine in Canada. It was founded in 1928 as The Commerce of the Nation, the organ of the Canadian Chamber of Commerce. The magazine was renamed Canadian Business in 1933. leaders said their organization plans to spend more money on developing e-commerce capabilities in the next one to two years. And, companies that are already doing business on-line expect revenues from e-commerce to increase by nearly four times by 2001, according to the survey. E-commerce is not only changing the way business is conducted, it is changing the fundamental economic assumptions on which business is based. Canadian Canadian (kənā`dēən), river, 906 mi (1,458 km) long, rising in NE New Mexico. and flowing E across N Texas and central Oklahoma into the Arkansas River in E Oklahoma. executives must take action now to survive and succeed during this shift from an industrial economy to an electronic economy," says Rudy Puryear, global managing partner of e-commerce for Andersen. The study found that the top five business priorities among Canadian senior executives are: improving customer service (78%); Y2K See Y2K problem and Y2K compliant. Y2K - Year 2000 readiness (76%); increasing customer loyalty (68%); attracting new customers (65%) and cost reduction (62%). At 29%, exploiting the full potential of the Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the and developing e-commerce initiatives was ranked last in terms of the business priorities surveyed. "E-commerce strategies can deliver strong results on four of the top five business priorities cited by Canadian business leaders," noted Puryear. "Winning in the e-economy requires more than creating Web sites and virtual channels, or automating customer service and building new skills. Organizations must continuously evaluate their entire business in the context of the e-economy." The Andersen Consulting 1999 E-Commerce Survey of Canadian Business is the first in an annual series of reports designed to measure the evolution of e-commerce. The study, conducted by Northstar Research Partners, surveyed the opinions of business leaders from March to April 1999.
E-Commerce Revenue Projections
% of revenue from Current Next 1-2 years
1-9% of revenue 27 13
10-15% 7 13
20-29% 3 13
Over 30% 4 13
None 44 8
Don't know 15 31
Average 5.4 19.6
Attitudes to Future Use of E-Commerce
TOTAL 293
In five years time I expect Total Agree 84
that my company will be much Agree Strongly 81
more reliant on e-commerce
E-Commerce will provide a new Total Agree 80
channel for purchasing from suppliers Agree Strongly 74
E-Commerce will enhance our Total Agree 77
relationship with our customers Agree Strongly 73
Companies in my sector without Total Agree 67
e-commerce will be at risk of Agree Strongly 59
losing customers
E-commerce will create new revenue Total Agree 61
sources for my company by enabling Agree Strongly 55
the creation of new products/services
E-commerce will give the buyer Total Agree 58
more choices at better prices Agree Strongly 52
E-commerce will open up new geogr- Total Agree 54
aphical markets to my company Agree Strongly 48
E-commerce will be a different way Total Agree 44
of doing existing business, not a Agree Strongly 38
way to generate new business
E-commerce will eventually become Total Agree 46
more important than traditional Agree Strongly 40
distribution channels in reaching
customers
We would seriously consider Total Agree 31
outsourcing e-commerce in the Agree Strongly 22
future
|
|
||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion