ELECTRONIC COMMERCE AND INFORMATION SECURITY AND ETHICS Essay - 1

ELECTRONIC COMMERCE AND INFORMATION SECURITY AND ETHICS - Essay Example The internet has also made it possible for consumers to make decisions in a stress free environment without succumbing to any pressure thus making the process enjoyable. Â  The entertainment industry has also not been left out with this latest trend in business. Most entertainment products are distributed either in digital or physical form. This has aided in the sale, purchase, and distribution of entertainment content. Some of the products on sale are music, audio books, videos, e-books, and games. Electronic and mobile commerce has enabled consumers to purchase and download content from the internet through download portals (Obrien & Marakas, 2005). Transactions are done online and payments made using business cards like visa cards and PayPal. Most of these websites only sell official and legal sheet music. Therefore, mobile and electronic commerce has brought entertainment at the fingertips of consumers. Consumers can now download music anytime anywhere. Â  The financial industry has also had its share of the electronic and the mobile commerce. Banking services have improved as customers can now deposit and withdraw money online through mobile banking. There is also increased online brokerage. Another impact of electronic commerce is evident in the stock trading market. Investors can now monitor their stocks and trade them online. Another benefit of electronic commerce is the system of smart card based payment. This has enabled easier transaction by reducing the use of hard cash in making payments thus ensuring cash safety. Â  Electronic and mobile commerce has also boosted transactions in the retail industry. Selling of goods and services has been made easier by allowing customers to choose, make decisions place orders and even pay for their products (Rayport & Jaworski, 2002). This type of commerce has enabled buyers and sellers from all over the world to meet on the same site. Therefore, it has

Coca-Cola Essay Example | Topics and Well Written Essays - 2250 words

Coca-Cola - Essay Example Much of the similarity in the culture has to do with the company’s mission and values that they truly appreciate. The paper will go much in detail about the Coca-Cola Company’s culture. Some topics will be on teams and how these are enforced within the company and how the culture helps motivate employees to achieve the company’s goals. The paper will also explain to some extent how the companies values are integrated in their culture which helps employees adhere to the same values. It helps gain understanding of whether the policies of the company contribute to the sustaining and nurturing of effective team roles and how that can lead to the rise and management of potential conflicts in the company. Corporate Culture Affecting Individuals and Groups and Organization’s Performance Corporate Culture of a business firm shapes the process of conducting business operations and activities. It signifies the different types of behaviors and relationship patterns r eflected by the business enterprise in the course of dealing with its internal and external stakeholders and organizational people. The business culture of Coca-Cola encompasses the parameters of integrity, passion, empowerment, commitment and diversity as the key standpoints in motivating the people to work in a spirited fashion. The organizational culture of Coca-Cola ignites the passion within the individuals to perform in an exalted fashion so as to continually work to promote creativity and innovation in their job pursuits. The people also work as Change Agents in the enterprise domain (â€Å"Our people, culture, vision and values†; â€Å"Workplace Culture†). To this end the above cultural paradigms of Coca-Cola tend to have an impact on the Job Performance criterion of the people in the concern. Job Performance is defined as the effective value gained from the different behavioral reflections of the employees that in turn tend to have an impact, positive or negat ive pertaining to the mode of accomplishment of organizational goals. Though these behavioral sets can be effectively controlled by the individual employees yet individual behavioral types like ‘Task Performer’ and ‘Citizenship Behavior’ are related as such that help in the effective goal accomplishments while ‘Counterproductive Behavior’ is taken to negatively impact the goal accomplishment function. ‘Task Performers’ and ‘Citizenship Behaviors’ are those employees that proactively work to transform the resources available with the concern in the form of technology, human and financial capital to produce desired set of goods and services and those that without any need for earning rewards move to form effective interpersonal relationships with other organizational people and also such that tend to defend the concern and boost the motivation levels respectively (Colquitt, LePine and Wesson 37-50). The work culture of C oca Cola encourages people to actively work in an empowered fashion to help accomplish organizational goals effectively. Moreover, the business culture of the firm being open motivates the people to work in a coordinated fashion to achieve end goals. In terms of Applications of Performance Management, the management team at Coca-Cola tends to work on the process of Management by Objectives where the employees mutually coordinate with their managers to perform a given set of objectives within a stipulated time period. Evaluation of the performance of the