Increased use of e-business
In this assignment I’ll be explaining how the government supports the development of e-business, secondly I’ll be producing a personal development plan to help an individual to prepare for an increased use of e-business. The government supports E-business in many ways in order to help them to be developed and run efficiently therefore it’s good for the business and also good for the economy as the whole process is going good.
However the government plays a huge role in order to carry out and ensure that the e-businesses are doing good, and this is by implementing legal legislations, initial considerations about setting up a website, the infrastructure support, support for training and courses, security and last but not least data protection. The government plays a huge role by implementing these factors into the e-business and this is how e-businesses do well and become successful such as Amazon and eBay.
The first factor that I’ll be talking about is ‘legal framework/legislations in which online business operate’ and I’ll go through all the legal laws and how that helps supports the e-business. The first legislation act that I’ll go through is Legislation framework – E commerce regulation – 2002. This act has helped both the customers and the e-business because now businesses provide full information about their organization products, order and many other factors which now avoids trouble with the law, and it’s also beneficial for the customers as they’re informed about the product and the business.
The second law that I’ll like to conclude is ‘ Consumer protection distance selling regulations’ and basically this act makes sure that there is protection to the consumers who shop by phone, mail order via the internet, and it protects the customers basic information. However it’s good for the development of the business because now there is a act passed down, more customers online are being confident to order online.
The last act that I’d like to include is ‘Data protection Act 1998’ and this basically is an act of businesses keeping In hold of the customers personal details such as name, address bank details and the business are not allowed to share it with anyone or else there could be serious problems with the law. Overall this is great for the development of the business because now the laws are enforced mainly on the e-business department, this will enable customers to feel trustworthy and confident to order anything online due to the follow laws and regulations which allows the customers to feel confident just as much as shopping physically.
The second point that I’d like to talk about is ‘initial considerations about setting up a website’ and this is very beneficial for anyone who would like to start an e-business. As you know technology is rapidly evolving and more and more people are using the internet for many different reasons, but shopping Is more common and there is more and more online customers using the internet to shop as it saves time and money. According to the statistics people spend ?
52 billion via online In the year of 2015 and this shows that a lot of people do use online internet, hence why the government especially in the UK are encouraging people to start up an online e-business and they also explain the steps and inform people who are willing to do so. Furthermore I’d like to mention some points which the government did say about selling online, one of the points were “Selling your products online will help improve efficiency and productivity, another point is it will reduce costs and other beneficial points.
The government in every sort of form is helping and supporting e-businesses with the infrastructure so it will be easier for them to find new customers from overseas and far distant markets. One of the ways that the government is trying to improve the infrastructure is by transforming the broadband in an another level by 2017, and this will be done by the government investing 1 billion pounds in the broadband and mobile infrastructure and this will enable provide superfast broadband coverage to 90% of the UK by 2016, provide superfast broadband to 95% of the UK by 2017 and improve mobile coverage in remote areas by 2016.
This is a very good factor for the e-businesses because people from remote areas in the UK will have access to the internet, furthermore 95% of the people living in the UK will be with superfast broadband and this will be a good factor as they can surf through the internet and do regular shopping and this will increase the online shopping, 100% guaranteed by 2018. Another support from the government is that they will help more than 7,000 online businesses to export their products overseas to other countries outside of the United Kingdom.
The UK government offers free training and advice for businesses that are considering adopting a strategy of e-commerce. The government site will be (www. businesslink. gov. uk) and this gives advice on training, grants and support schemes. The national government department for Business, Innovation and Skills has the following purpose: ‘We want to make sure that Britain is the best place in the world to run an innovative business or service – this is critical to the UK’s future prosperity.
I’d like to conclude that the government in Wales are trying to help businesses in the Wales region to become more profitable with their welsh government e-business team, and they aim to help the businesses by reducing business costs, become more innovative, develop and grow. Furthermore they are also helping the businesses in Wales with their ICT, some of the examples which the government has helped the business to adopt some technology are customer relationship management systems, financial management packages, stock control systems and many more.
Furthermore you can apply for an e-business grant from the Welsh government if you want to open up an e-business in Wales and grant usually gets the business in between ? 1-10,000, however there are some requirements which the business need to pass and they are, businesses must employ less than 250 staff and have been trading for at least 1 year, businesses must be situated in the convergence area of Wales to be eligible and lastly businesses must be a business to business type operation.
# Lastly the main important point that I’d like to conclude is security and data protection, both of these points are very crucial for the business to keep account of all the data from the customers and they need to take full responsibility of protecting the information extracted from the customers and it should not be revealed elsewhere of the business so it should be kept internal.
If the information is revealed elsewhere and the business get caught doing so, there would be deep punishment as this situation can go to the courts and there will be some serious repercussion. The government does give an advice to businesses about online security and data protection which is very beneficial for newcomers who wanted to develop and expand online, furthermore the government will also advise on what software to use and how to use it with the help of their own personal advisors.