E-Commerce In Saudi Arabia

E-Commerce in Saudi Arabia by: Saltan Alhammas English Writing adept of the closely profound changes authorizedly transpiring in the world of origin is the introduction of Electronic Commerce (E-Commerce). The impact of E-Commerce on procurement, shopping, stock collaboration, and customer services as well as on delivery of various services is so dramatic that shape up every organization is affected. Besides, as E-Commerce is changing all deceitfulness functional areas and their important tasks, ranging from advertising to paying bills, the nature of tendency has also changed due to new online companies, new business models and the summercater of E-Commerce related products and services. This objective of this paper is to find out the accredited situation of E-Commerce in Saudi Arabia and to analyze the E-Payment system in Saudi Arabia, global barriers in effecting E-Payment system for E-Commerce. Before analyzing the incumbent situation of E-Commerce in Saudi Arabia, I would like to take out along a brief summary about the political, stinting, fond and proficient environment of Saudi Arabia. Saudi Arabia has an oil ground prudence with strong government controls over major economic activities. It possesses more(prenominal) than 20% of the worlds proven pet useum reserves.

It non besides ranks as the astronomicst exporter of petroleum, but also diddles a star role in OPEC. The petroleum orbit accounts for roughly 75% of figure revenues, 45% of gross domestic product, and 90% of export earnings. It is believed that about 40% of GDP comes from the secluded se ctor and roughly 5.5 million immaterial wor! kers play an important role in the Saudi economy, particularly in the oil and service sectors. Saudi Arabias unemployment is high, and the large younker population generally lacks the education and technical skills the private sector needs. As part of its effort to attract remote investiture and diversify the economy, Saudi Arabia acceded to the WTO in December 2005 after many an(prenominal) years of negotiations. The government has...If you want to get a respectable essay, order it on our website: OrderCustomPaper.com

If you want to get a full essay, visit our page: write my paper