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E-Commerce Challenges for Caribbean Businesses

E-Commerce Challenges for Caribbean Businesses

Richard M. Escalante
Copyright: © 2008 |Pages: 17
ISBN13: 9781599049397|ISBN10: 1599049392|EISBN13: 9781599049403
DOI: 10.4018/978-1-59904-939-7.ch195
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MLA

Escalante, Richard M. "E-Commerce Challenges for Caribbean Businesses." Global Information Technologies: Concepts, Methodologies, Tools, and Applications, edited by Felix B. Tan, IGI Global, 2008, pp. 2694-2710. https://doi.org/10.4018/978-1-59904-939-7.ch195

APA

Escalante, R. M. (2008). E-Commerce Challenges for Caribbean Businesses. In F. Tan (Ed.), Global Information Technologies: Concepts, Methodologies, Tools, and Applications (pp. 2694-2710). IGI Global. https://doi.org/10.4018/978-1-59904-939-7.ch195

Chicago

Escalante, Richard M. "E-Commerce Challenges for Caribbean Businesses." In Global Information Technologies: Concepts, Methodologies, Tools, and Applications, edited by Felix B. Tan, 2694-2710. Hershey, PA: IGI Global, 2008. https://doi.org/10.4018/978-1-59904-939-7.ch195

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Abstract

The global environment of e-commerce is revolutionizing business practices and reshaping traditional business transactions over “computer-mediated networks” (Schmitz et al., 2001). Although fairly well-established in developed countries, e-commerce in Caribbean developing countries remains in the early stages of development. Put it simply, given the peculiar set of social, economic, technical, and legal issues affecting these economies, e-commerce is viewed as a complex but challenging business issue. Admittedly, both local and regional businesses have realized that e-commerce can “accelerate economic development” (Schmitz et al., 2001) in their respective economies. As a result, they have hastily attempted to “leap-frog” into the global networked economy. Yet, several challenges remain to be faced by these businesses. This article is concerned specifically with Internet-based Business-to-Consumer (B2C) e-commerce, unlike other e-commerce forms, such as Business-to-Business (B2B) and Business-to-Government (B2G).

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