Virtual business operations, e-commerce & its significance and the case of Turkey: current situation and its potential

Abstract

21 st century is the age of high technologies penetrated into business leading to virtual businesses and e-commerce applications combined with electronic business (e-business) structures. Virtual businesses are independent and/or partly dependent organizations that have flexible and agile structures to respond the altering business conditions. Yet, electronic commerce (e-commerce) is the exchange of goods and services over the Internet. Both virtual businesses and e-commerce operations enable organizations to have fluid structures, modify the changing conditions, lower expenses, access to new markets and attain new consumers. The e-commerce applications have also been increasing in Turkey at a great pace but not significantly when compared to the total trade volume. For, the aim of this paper is to focus on the virtual businesses, e-commerce, harmonization of the conventional business structures with e-commerce and emphasize the importance of the e-commerce applications in Turkey resting on dependable national and international publications and data. With respect to the research made, it is possible to state that the e-commerce volume of Turkey is increasing as a remedy to cover the foreign trade deficit, but it is still not sufficient when compared to the total trade volume. Additionally, even though Turkey possesses an efficient e-government mechanism and e-signature law to enhance the volume of its e-commerce, the lack of cooperation among parties and standardization as well as the difficulty in adoption of digital transactions would be issues to be tackled in order to develop e-commerce in Turkey.

The Influence of Virtualization of Resources Acquisition Processes on the Enterprises Competitiveness

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The Impact of Establishing a Governmental Consumer Agency in Jordan towards Expanding the Use of E-business

“…Most of the people today are using their online bank services rather than going to the bank by themselves, many of them are buying stuffs from the internet everywhere rather than travelling to get these stuffs (Gokmen, 2012).…”

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