E-COMMERCE IN DEVELOPING NATIONS: ISSUES AND CHALLENGES. CONSUMER ATTITUDE IN THE NIGERIAN MARKET

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E-COMMERCE IN DEVELOPING NATIONS: ISSUES AND CHALLENGES. CONSUMER ATTITUDE IN THE NIGERIAN MARKET (MANAGEMENT PROJECT TOPICS AND MATERIALS)

ABSTRACT

This thesis is an explorative research that aims to explore further on earlier research on issues and challenges of E-Commerce in developing nations, with a focus on consumer attitude in the Nigerian market, which is one of the largest markets in Africa. This re-search made use of quantitative written questionnaires that was administered to users of different E-Commerce platforms in Lagos, Nigeria, results were analyzed using SPSS and interpreted using Descriptive Analysis and Simple Relative Percentages, which clearly shows major issues and challenges such as infrastructural, risk and security, education and awareness, finance and cost, trust and confidence in the Nigerian online business ter-rain. Several E-Commerce platforms that are available in the business environment were identified and cross tabulations were made among different age groups and genders that use these platforms. From the result of the research, it was clear that the issues and chal-lenges notwithstanding, consumer attitude is on the positive side but issues of trust/confidence in the system needs to be addressed as well as improvement in infra-structure especially internet supply which is the platform on which E-Commerce stands, also recommendations for further studies and also constant attitudinal checks must be performed regularly as E-Commerce is an evolving trend, and as it evolves, consumer attitude need to be evaluated to ensure its survival in developing counties.

CHAPTER 1

A GENERAL OVERVIEW OF E-COMMERCE AND THE PECULI-ARITIES OF DEVELOPING NATIONS

1.1 Definition of E-Commerce

There are many definitions for the concept of E-Commerce depending on the perspec-tive of the viewer or commentator. Some authors define E-Commerce as being different from E-Business; others see and define both concepts as same. When we look at it from the perspective of differentiating both concepts, E-Commerce is keenly looked at from the commercial aspect, in which there are values and also corresponding payments. This can however be described as financial transactions which are mediated electronically between organizations and stakeholders alike. E-Commerce however can be looked at from a broader perspective which includes different forms of business dealings that may not most often times involve forms of payments or from another perspective, beyond what may be generally refer to as commerce in the real sense but rather all types of transactions which are mediated electronically either commercial or otherwise between an organization and its transactions with individuals and third parties alike that its vari-ous dealings with them. This is however seen by some authors as defining E-Business which makes E-Commerce an aspect of E-Business, while others see it as defining E-Commerce which invariably makes it the same as E-Business which makes them use the two concepts interchangeably. For the purpose of this study however, below are a few definitions of E-Commerce as described by different authors.

  • “Electronic commerce is the sharing of business information, maintaining busi-ness relationships and conducting business transactions by means of telecommunication networks”. (Vladimir Zwass, 1996).
  • “Electronic  Commerce  deals  with  facilitation  of  transactions  and  selling  of

products and services online either via the internet or any other telecommunications network”. (Jelassi and Enders 2005).

  • “The use of electronic communication or and digital information processing

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    E-COMMERCE IN DEVELOPING NATIONS: ISSUES AND CHALLENGES. CONSUMER ATTITUDE IN THE NIGERIAN MARKET (MANAGEMENT PROJECT TOPICS AND MATERIALS)

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