Midterm Blog Post #1

Research 1 company that makes use of E-commerce. Describe the nature of this company in 1-2 paragraphs.Identify then, how does this company use e-commerce to achieve strategic advantage. Describe the benefits derived from this strategy.

COMPANY USE OF E-commerce
TOYOTA COMPANIES

NATURE OF THE COMPANY

As technologies emerge, successful businesses are quick to identify developing opportunities and expand their commercial capabilities. Conducting commerce electronically is no different. For many businesses, new technologies that digitally exchange text and monetary information are effective tools to serve traditional business goals of streamlining services, developing new markets, and creating innovative business opportunities. In addition, they offer the potential to develop types of services that are so innovative and distinct from tradition that they define a new type of commerce. Appropriately named, electronic commerce (E-Commerce) is the synthesis of traditional business practices with computer, information and communication technologies

It first emerged in the 1960's on private networks, as typically large organizations developed electronic data interchange (EDI) installations and banks implemented electronic funds transfer (EFT). Today, however, E-Commerce is no longer the exclusive domain of large organizations or private networks. The open network Internet and particularly the World Wide Web not only present new commercial potential for large organizations, but also provide a viable entry point for small and medium-sized enterprises (SMEs) into E-Commerce opportunities.
Even though E-Commerce has existed for over thirty years, it has just recently sustained significant growth. In the past 5 years the Internet has transformed from an auxiliary communication medium for academics and large organizations into an entrenched communication medium that spans across nearly all parts of mainstream society. E-Commerce growth is tied directly to these socio-technological changes. The more entrenched the medium becomes, the more users are drawn to it. An increase in users increases markets. As markets expand, more businesses are attracted, which in turn drives the development of better, more stable and secure technology to facilitate E-Commerce. A stable, secure environment for exchanging mission-critical and monetary information only draws more businesses and consumers to the Internet and ensures the growth pattern continues. All these related factors contribute to a burgeoning E-Commerce marketplace that should continue to grow well into the new millennium.

Benefits of E-Commerce to a small business may include capabilities to:

Extend the range of sales territory
Streamline communication to suppliers and clients
Expand reach to new clients
Improve service to existing clients
Reduce paperwork and time spent on correspondence
Track customer satisfaction
Expedite billing
Improve collaboration on work projects
Expand markets beyond geographical, national boundaries
Leverage legacy data
Improve inventory control, order processing
Establish position in emerging E-Commerce marketplace
Lower costs of overhead
Realize economies of scale by increasing sales volume to new markets
Monitor competition and industry trends
Improve or expand product lines - locate new suppliers, products that could be included in catalogue.
Management of expectations
How does it integrate with traditional services?
As E-Commerce matures and more traditional businesses enter the electronic marketplace, it will become difficult to distinguish the E-Commerce merchant from traditional merchant. Although some firms operate exclusively as E-Commerce merchants, it appears that the greatest opportunities are for established firms that venture into E-Commerce as a means to refine existing business processes and gain new customers.
E-Commerce may complement or replace traditional commercial activities, depending upon the industry and the functions. Because it is both a threat and an opportunity for various industries, it is worthwhile to:
Study how E-Commerce can integrate into operations. Determine needs and capabilities. E-Commerce operations may shadow traditional operations to provide redundant services such as product information distribution.
Develop an E-Commerce strategy into the business and marketing plans. Understanding how an E-Commerce system will strategically fit with the firm's existing operations will help to allocate the management and financial resources necessary for it to be a success. In the long-run, there have to be resources to set-up and sustain a system, making it work best for the type of operation that will be managed.
Monitor competitors, suppliers, and customers' movements into E-Commerce. Special attention to their capabilities will help determine areas of E-Commerce that need development.
Establish a consistent operations review process. E-Commerce technology and operations are constantly evolving. Changes in technology frequently introduce opportunities to refine or create new service

Name: Glendale J. Alicaya

Mgt.7 5:15-615A

BlogPost # 6

All About Nestlé

Since Henri Nestlé developed the first milk food for infants in 1867, and saved the life of a neighbor’s child, the Nestlé Company has aimed to build a business as the world's leading nutrition, health and wellness company based on sound human values and principles.

While our Nestlé Corporate Business Principles will continue to evolve and adapt to a changing world, our basic foundation is unchanged from the time of the origins of our Company, and reflects the basic ideas of fairness, honesty, and a general concern for people.

Nestlé is committed to the following Business Principles in all countries, taking into account local legislation, cultural and religious practices:

• Nestlé's business objective is to manufacture and market the Company's products in such a way as to create value that can be sustained over the long term for shareholders, employees, consumers, and business partners.
  
• Nestlé does not favor short-term profit at the expense of successful long-term business development.
  
• Nestlé recognizes that its consumers have a sincere and legitimate interest in the behavior, beliefs and actions of the Company behind brands in which they place their trust, and that without its consumers the Company would not exist.
  
• Nestlé believes that, as a general rule, legislation is the most effective safeguard of responsible conduct, although in certain areas, additional guidance to staff in the form of voluntary business principles is beneficial in order to ensure that the highest standards are met throughout the organization.
  
• Nestlé is conscious of the fact that the success of a corporation is a reflection of the professionalism, conduct and the responsible attitude of its management and employees. Therefore recruitment of the right people and ongoing training and development are crucial.
  

The new Nestlé Supplier Code was approved by the Executive Board in April 2008. This code aims to specify and help the continued implementation of our Corporate Business Principles by establishing certain non-negotiable minimum standards that we ask our suppliers, their employees, agents and subcontractors to respect and to adhere to at all times when conducting business.

We want to ensure both responsible sourcing and supplier relationships which will deliver a competitive advantage. One basis for this will be the Nestlé Supplier Code; this replaces our previous "Nestlé Principles of Purchasing".

The Nestlé Supplier Code is more precise in defining what Nestlé expects from suppliers and is written in a more concise format. The Nestlé Supplier Code will be added to all purchasing / supply contracts. The roll-out of the Nestlé Supplier Code will take place in each Market and business and will cover all existing and new suppliers.

BlogPostActivity#5

Question: As a future manager what is your computer ethics program?

Ans: As a future manager my computer ethics program is I want to have a program in which the customer can shop on my products or needed our services through internet access. By these kind of ethics it would be very easy on the part of the customer of ordering their goods or services as well as on the part of the company. It would be less effort, less time and more convenient for both of them.



Glendale J. Alicaya
Mgt.7 5:15-6:15 A