E-Commerce Systems Essay Example | Topics and Well Written Essays - 1000 words

E-Commerce Systems - Essay ExampleThe direct financial proceeds is advantageous in terms of efficiency in the achievement of needed services. This plenty be attributed to the occurrence that, a company or institution provides goal specific services. For example for a bank or a credit card company, one must be linked directly to the site of a specific company. Through the said system less complication can be met. For that matter, the clientele that can be attracted be those who know the discipline and are sure of what they need and want, and those who are not old(prenominal) with complicated online systems. For that matter, the said system of financial services can be considered advantageous to a dewy-eyed variety of consumers. One disadvantage of the said system though is the danger of putting trust on a single entity as compared to the system with intermediaries which in the said case can be considered more(prenominal) secure (Carlon, Ryan and Weledniger, 2010).The financial services with intermediaries on the other hand can provide benefit much(prenominal) as the decrease in transaction costs due to the sharing of assets, goods and services of the different groups and companies that dwell one system. This social organization also increases security based on the fact that risks that can be encountered are shared by the whole group. A disadvantage that can be cited though is the complex structure that can create certain problems in different transactions and financial services (Carlon, Ryan and Weledniger, 2010).Australian administration Treasury (1999) Financial Products, Service Provides and Markets An Integrated Framework online. Available from Accessed 20 May 2010.Carlon, M., Ryan, M. and Weledniger, R. (2010) The Five halcyon Rules of Online Branding online. Available from Dynamic Logic, AdRelevance and 24/7 Media Accessed 20 May 2010.Reverse auctions