Innovation of ... (e.g. e-commerce, web-based financial srvice, Research Paper

Innovation of ... (e.g. e-commerce, web-based financial srvice, paperless office, or ...) - Research Paper Example Special cases are presented on Business to Consumer markets to show its growing popularity from the consumers’ side. Website companies are cited which owing to web interface technology is increasing its revenues and customer base. In total, the paper analyses the innovation of electronic commerce technology from different angles to show its growing impact on the world economy. Advancements made in technological, social and organizational fields helped in expanding the horizon of electronic commerce to enter the realm of web-internet in the spring of 1993. Prior to this event electronic commerce depended on telecommunication technology as its medium of trade. Organizational and Social activities have become dependent on electronic commerce owing to its web-interface. In this connection, the ambit of electronic commerce now covers a broad range of activities in the fields of commerce, collaboration, communication, connection and computation. Electronic Commerce functioning along these varied fields have opened opportunities in innovation of the same. Opportunities identified along the business and social spheres include addressing larger markets, enlarging the scope of collaboration with business partners globally, transformation of business processes and working on the development to make electronic communication much faster. (Zwass, 2003) In this context Stratum Media, an electronic commerce technology developer in United Kingdom announced on the development of â€Å"Eros† technology, which an online vendor of Consumer Electronics and Home Appliances is using to promote its products. (Hollander, 1999) Further observation states that the internet web earns its success in becoming a global infrastructure for electronic commerce activities. The internet web acts as a link between the technology and innovation interface and business organizations. Internet web works towards being a global model for sharing of

Training Module Assignment Example | Topics and Well Written Essays - 1250 words

Training Module - Assignment Example With regard to project management timeline, it can be apparently observed that there pertain numerous scopes as well as risks relating to the development of the training plan. In this regard, the scopes might encompass generation of greater customer value and employee motivation among others. On the other hand, the risks might comprise having negative attitude towards the organization and unwillingness of the leaders among others. It is to be stated that different sorts of activities like interactive learning, demonstrations and analysis of case studies can be executed in order to make the training plan more effectual for Tesco. 2. Identification and Rationale of the Goals/Objectives Goals/objectives in the training module are the major considerations that can support an organization to accomplish its desired expectations (Gullett & Bedi, 2007). Therefore, following are the major objectives that require to be undertaken in order to build an effective training module. Increasing Produ ctivity Increasing productivity will be a primary objective of the overall training module which can eventually enable Tesco to strive the capability of each individual employee within the organization. The main reason behind this objective is to maintain and develop the present brand position along with long-term sustainability of the organization in the highly competitive retail industry (Koller,Harvey, & Magnotta, 2010). Establishing Communication between Employees and Working Environment The objective of establishing effective communication between the personnel and the working environment can deliver adequate support to an organization towards developing the performance level of each individual. The rationale of this particular objective is to increase the amount of coordination amid the employees and raise operational effectiveness by a greater level (Wilson, Stine & Bowen 2009). Minimizing Cost and Time Cost and time minimization is often regarded as the major goals of traini ng module that can enable an organization to increase its revenue and accomplish superior competitive position over its chief business market participants. In terms of rationale, it can be affirmed that the objective of minimizing cost and time has been taken into concern for Tesco due to the augmentation of extreme business market competition in the respective industry and alterations in the business environment (Wilson, Stine & Bowen 2009). 3. Outcomes and Rationale of the Training Module In relation to the proposed training module for Tesco, it can be anticipated that three major outcomes can significantly reinforce the performance of the organization. The potential outcomes from the training module have been discussed in the following section. Adequate Control of the Process The training module concerning electronic and online technological aspect can improve the capability of Tesco to obtain greater control and efficiency in its overall operational as well as functional process (Ellis, 2009). Increase Knowledge and Capability The training module concerning electronic and online technology can emphasize upon providing greater scope for innovation and also formulating effective ways to meet the ultimate objectives of the organization at large (Ellis, 2009). Productive Working Environment The nature of the proposed training module can be recognized as that it has been designed to make aware the employees to become much