It is crucial to educate and train technically skilled and talented human resources, as they are the most valuable asset for any organization. This ensures that they become even more proficient and useful, allowing the organization to derive maximum benefits from their abilities. Furthermore, managing incidents and service desks is essential for any business, as there will always be unforeseeable circumstances that require attention.
Successful management of incidents is crucial for every organization, including Amazon which has endured multiple crises, proving its efficiency in handling them. It is essential to handle matter configurations effectively for long-term success, and despite meticulous planning, certain problems cannot be avoided.
To ensure success, Amazon needs to prioritize training its staff to handle unexpected situations rather than constantly reacting to every potential problem. As an IT-focused company, effectively managing data is critical for extra
...cting valuable insights. Given that Amazon operates solely online and faces fierce competition from other e-commerce platforms, it's essential to manage the virtual storefront and operations efficiently.
Ensuring the efficiency of process delivery is crucial for businesses like Amazon to meet their objectives and overall organizational purpose. The final stage of the cycle involves monitoring and evaluating the implemented process in the ME domain, assessing whether the benefits outweigh the costs.
Amazon faces various risks and challenges related to monitoring and evaluating IT performance, internal control, regulatory compliance, and IT governance. While evaluating the importance of IT in a business, it is crucial to ensure that the benefits surpass the cost incurred. In an entirely internet-based organization, consumer response determines the effectiveness of IT implementation. Despite having a flat hierarchy and free flow of information, Amazon needs to maintain some
level of control over its employees to ensure proper implementation of procedures and reinforcement in case of repetitive mistake occurrence. Compliance with organizational regulations is more critical than communication or reducing gaps among employees. Amazon must coordinate its IT department's regulations with suppliers and other stakeholders. With an IT-based business model, governance is crucial for proper implementation and supervision.
Despite the longevity of the internet, there remains a lack of trust in online transactions. Online selling companies like Amazon.com face difficulties in guaranteeing their customers' security.
Due to Amazon.com's neglect of technical risks, their e-commerce project has lost credibility in terms of security, resulting in potential customers being wary of making purchases on the site. However, other websites have implemented a thorough process to ensure the safety of personal and credit card information. Many sites that accept credit cards use encryption certificates to guarantee their security.
This is where the padlock symbol can be observed at the lower part of the screen. The message carrying credit card particulars is encoded by the encryption certificate at the time of transmission and the issuer organization (e.g., Thawte or Verisign) verifies the company prior to issuing it. (E-commerce Security, n.d.). Amazon.
E-commerce websites make significant efforts to ensure customer security, but the risk of sensitive information theft and misuse remains high. This fear often deters potential customers from online transactions. To mitigate these risks, Afferent Media uses anti-virus and firewall systems on their servers and avoids storing credit card information, providing an extra layer of protection against security breaches.
Despite its efforts, Amazon.com is confronted with the same technical risk as many other online retailers.
While Amazon.com is often seen as trustworthy, individuals
may still have concerns about potential financial loss. However, the risk can be minimized by utilizing real-time transactions that mimic EFTPOS machine purchases. During this procedure, the transaction message is encrypted and sent to the bank. If all required card verifications are passed, payment is swiftly transferred from the purchaser's account to the seller's account, similar to purchasing fuel or groceries.
E-commerce Security (n.d.) states that the vendor utilizes an EFTPOS machine to process your card and does not retain any card data. It is recommended to address this matter early on in order to avoid potential issues. While it may seem daunting, delaying its resolution increases the likelihood of negative consequences such as decreased customer loyalty for Amazon.com.
The company can incorporate a previously identified e-commerce security procedure and conduct regular checks to establish customer confidence. However, addressing potential risks is crucial for safeguarding the success of the organization since customers will not risk their financial information when shopping online.
Bibliography: Join Associates. (2007).
On March 11th, 2007, information was obtained from http://affiliate-program.amazon.com/gp/associates/join regarding Amazon's business news.
Visit the Morgan Stanley Technology Conference Webcast Investor Conference Presentation at http://seattle.dbusinessnews.com/shownews.php?type_news=latest;newsid=110363. This information was retrieved on March 11, 2007.
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