International Electronic Commerce Essay Example

your personal mailbox. This convenience is especially beneficial in today's world where mobile computing is replacing desktop computers for individuals who are frequently on the move.

Gamma, Yahoo, and Hotmail are the leading companies in the website services sector. Nonetheless, certain web mail systems have a disadvantage - they enforce an email storage limit. This can result in the deletion of old emails from your account and the loss of vital messages. An alternative is to utilize email client software such as Outlook, Incredibly, and Thunderbird. These clients are installed on your computer and enable you to store sent and received emails without any capacity restrictions.

Many businesses prefer to use these email clients for their secure email archiving capabilities. However, certain systems restrict access to email from any internet-connected computer, thus limiting usage to personal workstations in the office. Email is particularly advantageous in international trade as it eliminates the challenges of coordinating communication across different time zones. Unlike phone calls, where contacting someone who is asleep can be difficult, with email, you can receive a response the next morning without having to wait for days.

One advantage of emails is that they keep a written record of proposals and negotiations, preventing misunderstandings and aiding in dispute resolution. Additionally, emails eliminate the need for postage fees and allow for easy distribution to multiple recipients without printing the message on paper. Furthermore, email serves as an effective marketing tool by enabling the creation of "address books" to store customer and other contact information for disseminating information about a company.

The internet serves as a comprehensive library and market research tool. It is the largest collection

of information where one can easily access various topics such as science, technology, countries, business, culture, and weather. This vast array of information is particularly beneficial for executives who frequently travel for international business purposes. However, it is crucial to exercise caution in selecting reliable and accurate information from the internet.

It is essential for exporters or importers, regardless of their size, to have a website as it represents their business in the market. However, poorly designed websites can hinder the benefits obtained from the market. Your website serves as your public face, and if its design is not appealing, it can create an unprofessional impression. It is recommended to seek help from a professional webmaster who can handle both the design and management aspects of your website. While tools like Frontage or Macromedia Dreamweaver may be helpful, achieving the right design for your page requires professional expertise.

There are professionals available who can assist in enhancing the appearance of your website. However, some of these designers may lack the ability to build a sophisticated database system that many companies require. To succeed in the market, it is crucial to consider the potential for growth and development of your webpage. Several questions arise for companies: Will your site need frequent or daily updates? Will you need to provide information in multiple languages? Will visitors be asked to fill out a form to access certain parts of your site?

Companies often structure their websites as sales channels, depending on the type of business. Hiring experts may be necessary to maintain the quality of these sites. It is important to note that while many e-commerce packages are

designed for domestic trade, they can also be used for international trade with legal restrictions in each country. To avoid complications, it might be advisable to either limit e-commerce sales or restrict them solely to the domestic market.

The internet has revolutionized the promotion and consumption of products and services by providing online platforms for negotiations and transactions. Tools like Faction and PUC exist to support electronic commerce, allowing buyers and sellers to negotiate and finalize contracts for international product sales. For more information about Faction, visit www.antidemocratic.com.

The Credits for Electronic Presentation ("elect") supplement is an extra part of the Uniform Customs and Practice for Documentary Credits. Its purpose is to allow the presentation of electronic records, either alone or with physical documents.
Moreover, there is a service called Trade Card (ebb) that provides an alternative option for international payments. This service serves as a substitute for other forms of international payment. More information about this service can be found at www.Trademark.com.
In addition, Bolero is a beneficial platform that simplifies the process of exchanging documents. By using this software, the time required to handle commercial transaction documents has been reduced from 25 days to just 24 hours.

The internet is a clever technological solution for various everyday issues, but it also has disadvantages. Due to its unprotected nature and operation over open networks, anybody can intercept and read the transmitted information with minimal technical skills. If the information is not protected, it should be considered as secure as a postcard. Email, for example, cannot maintain confidentiality.

In order to ensure the security of internet usage for business purposes, it is necessary to

take certain actions. These actions prioritize confidentiality in order to protect the privacy of email and other online communications. Fortunately, there are various encryption software and services that can assist with this. One such example is Pretty Good Privacy (BGP), which is a "freeware" encryption software that can be obtained from different websites. BGP holds great significance as it was the pioneering encryption program on the internet, leading its creators to face legal consequences in the USA.

The widely used encryption method is SSL (Secure Sockets Layer). Cryptography also plays a crucial role in authentication and digital signatures with the help of public key infrastructure (PKZIP). On the internet, identifying users is challenging because there is no universally accepted mechanism or control over email address names. Public key cryptography, known as "public key structure" or "digital certificates," can effectively solve these problems by securely identifying individuals and companies.

Digital certificates, also known as "public key certificates," play a crucial role in digital signatures by being associated with the cryptographic key referred to as the "public key." These certificates are essential for verifying digitized data or emails, ultimately improving the reliability of electronic communications compared to traditional trading methods.

The advantages of utilizing digital signatures for commercial purposes are not yet fully acknowledged, and this industry is expected to undergo further transformations in the future. However, some other applications of PKZIP, such as "server certificates," are already highly developed and extensively employed. A server certificate serves to identify a server that runs websites and internet applications, rather than an individual. Furthermore, a server certificate enables the establishment of a secure SSL connection with visitors' computers,

ensuring the secure transmission of personal data or credit card information.

The most successful use of digital certificates is currently seen in the application of electronic agreements. Previously, national trade laws mandated written documents and physical signatures to make such agreements legally binding. In response, the United Nations introduced the "Model Law on Electronic Commerce" in 1996 to establish principles that form the basis of modern electronic commerce law. These principles include non-discrimination, technological neutrality, and functional equivalence.

The UN has adopted the Model Law on Electronic Signatures (MALES), which endorses the use of various technologies for electronic signatures. This means that legislation based on this Model Law may acknowledge digital signatures utilizing cryptography (such as public key infrastructure - PKZIP) as well as electronic signatures employing other technologies. However, when using electronic signatures for cross-border transactions, traders must consider legal issues.

In business, there are multiple services available to communicate with website visitors, many of which possess certification from the International Organization for Standardization (ISO). This certification indicates that the company behind the website operates in accordance with rules of good business practice. These trademarks, provided by reputable providers, impose strict requirements to enhance trustworthiness perception of each website and e-commerce activity.

The internet enables us to gather data from any location worldwide, a capability not possible in the past with paper. Internet technologies facilitate creating comprehensive profiles on individuals by collecting digital traces left on different websites. However, individuals who share their information online may lack control over its sharing with businesses, enterprises, or governmental entities.Companies must demonstrate responsible data handling practices to ensure customers trust how their personal information is being handled.

Many countries have

regulations for data collection, treatment, and sharing. Privacy is crucial in business strategy, as it is important to understand the boundaries regarding consumer details. Trust-ex. has been providing services and trademarks to help businesses achieve high standards in online privacy and customer satisfaction for over a decade. Additionally, internet security plays a role in safeguarding intellectual property, although digitized assets can become vulnerable when accessible online.

The organization in charge of overseeing internet intellectual property is consistently advancing its efforts to implement different strategies. These plans involve safeguarding copyright, patents, trademarks, and addressing related concerns by enforcing laws. Violating someone's intellectual property rights is considered a criminal act. The Internet, as an interactive environment, can be beneficial for publishers/inventors or potentially jeopardize their creations.

Preserving the rights of individuals involved in these events is extremely crucial. When a company develops a website, it becomes visible to people worldwide and transforms into a global business. However, understanding the traits and behaviors of potential customers is essential. This entails the ability to comprehend different customer languages to create an effective website where users can provide feedback and suggestions for business improvement, while also preventing any unexpected problems with the website design.

ICC has provided guidelines that have been the fundamental global standard for ethical Internet marketing behavior since 1995. The guidelines were revised in 1998 and are presented below: ICC Guidelines on Advertising and Marketing on the Internet Basic Principles Article 1 All advertising and marketing on the Internet must adhere to the principles outlined in the Chic's Codes, including Advertising Practice, Sales Promotion, Direct Marketing, Environmental Advertising, Sponsorship, as well as the ICC-ISOMER Code on Marketing

and Social Research Practice.

In order to adhere to ethical marketing standards, all advertising and racketing should be lawful, respectful, sincere, and accurate. By "lawful," it is understood that advertising and marketing messages must comply with the laws of the country where they originate. Furthermore, these messages should be aware of social responsibility concerns and follow generally accepted principles of ethical marketing.

The Internet as a medium and marketplace should not have its overall public confidence compromised by the design or transmission of advertising and marketing messages. Article 2 of the rules states that advertisers and marketers of goods and services who utilize the Internet to post commercial messages must always disclose their own identity and that of any associated subsidiary, if relevant, in a manner that allows users to contact them easily.

Article 3 states that advertisers and marketers should transparently inform users about the expenses of accessing a message or service that has a higher cost than the standard telecommunications rate. Users must receive this notice before accessing the message or service, giving them enough time to disconnect without being charged. The duration of this notice period can be determined by the marketer or required by relevant laws.

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