Market Opportunities in E-Commerce, South Africa

Market Research Report On Analysing Online Retail Possibilities For South African Businesses Prepared by Asaad Manjoo Contents Chapter 1: Introduction 1.1 Aim of the research study 1.2 Problem Statement and Objectives 1.3 Literature study†¦show more content†¦The secondary objectives are: †¢To determine consumer trends in online shopping in. †¢To identify the most successful online retailers. †¢To identify the key factors that helped make these retailers successful. †¢To identify the advantages and disadvantages of online retailing as opposed to traditional retailing. 1.3 Literature study This study is encompassed around the E-commerce sector in the business field. E-commerce is the buying and selling of goods on the Internet. Through this channel, we have various different types of transactions but the one that is dealt with in this study is retailing otherwise known as e-tailing. The world as we know it is constantly changing, technology is getting more advanced daily and the effects this has on the lives of people on a daily basis is immense. Historical evidence of the motor-vehicle shows the effect of technology on mankind. Today the Internet is shaping the world and connecting it in ways that people half a century ago would never dream of. The Internet is filled with endless possibilities forShow MoreRelatedMarket Opportunities in E-Commerce, South Africa11779 Words   |  48 PagesMarket Research Report On Analysing Online Retail Possibilities For South African Businesses Prepared by Asaad Manjoo Contents Chapter 1: Introduction 1.1 Aim of the research study 1.2 Problem Statement and Objectives Read MoreWalmart : A Global Market2336 Words   |  10 Pagesgrowth in the United States. To continue to grow and to remain a competitor in the retail discount industry Walmart has to become a global market. For Walmart to be successful in becoming a global company the following strategies will be discussed: †¢ Walmart could enter into the market †¢ Walmart could use e-commerce †¢ Buy a company that is already located in Africa †¢ Acquire Massmart The external and internal environment of both Walmart and Massmart will help to show whether or not the merging of theRead More3G and 4G Services745 Words   |  3 Pagesexploit in 2009, according to the MIIT. Furthermore, The Philippines is experiencing healthier socio-economic enlargement due to third-generation (3G) network services, rendering to a report by telecom firm Qualcomm. The report mentioned South Korea, South Africa, Thailand, and the Philippines as examples of countries with 3G deployment, and how this substructure affected their corresponding economies. Between the more prominent points in the study are the flourishing in job formation in the telecommunicationsRead MoreImportance of E-commerce in Modern Business1176 Words   |  5 PagesTable of Contents Definition and types of E-commerce 3 E-commerce payment systems 3-4 Importance of E-commerce in modern business 3 Conclusion 7 Recommendation 7 References 8 E-Commerce refers to the buying and selling of products and services over electronic systems like the internet and other computer networks. This system depends on technologies like electronic funds transfer, supply chain management, internet marketing, online transactionsRead MoreSamsung Swot Analysis1456 Words   |  6 PagesCompany Background: Samsung is a South Korean multinational company those beginning its business as a tiny commerce company and right now turning into world largest corporation. The corporate deals with its business in many sectors like advance technology, finance, petrochemical, semiconductors, plant construction, skyscraper, medicine, fashion, hotels, chemical and others. The corporate was established in 1969 in Suwon, South Korea and notable globally for its electronic merchandise (Kelly, 2011)Read MoreReport On Competitive Strengths Through E Commerce Essay1768 Words   |  8 Pages BG004 E- Commerce in Modern Global Economy Report on Competitive Strengths through e-commerce Individual Assignment By Bhupinder Kaur Student ID: i144413 Date: 5th Nov 2014 Lecturer: Mr. Wilfred Kurukulasuriya Contents Abstract 3 Introduction 3 E-commerce Opportunities and Challenges 4 Operational requirements 6 Hardware, Software Technology 7 FindingsRead MoreSupply Chain Management1259 Words   |  5 PagesIntroduction Supply chain management is a valuable practice whose purpose is to offer businesses a competitive advantage in the market place. According to Jacoby, D. (2010), some companies like Walmart and Dell have applied this system to gain a competitive advantage in the market while others have failed to apply it owing to its complexity. Companies require adequate and accurate information about all the players in the chain management in order for them to meet their consumers, demands whileRead MoreIndia s Impact On India Essay1748 Words   |  7 PagesIn recent years, the Information technology sector has really taken-off and boomed up due to various factors such as enormous funding, alliance activities, revolutionarising technology and a rapid increasing domestic market. India had 3100 startups in 2014, its being predicted to increase to 12000 by 2020. The startups in the IT sector has a large contribution in number of startups. The IT sector mainly includes the startups based on Consumer Internet, ads, payments, analytics, cloud services, SaaSRead More Internet - Challenges of B2B and B2C E-commerce Essay1291 Words   |  6 Pagesand B2C E-commerce E-commerce â€Å"is the exchange of money for goods or services between companies and/or end consumers† (Hemond-Wilson). The most common image of e-commerce â€Å"is that of a web-based catalogue from which buyers can order products and the sellers can receive payment† (Hemond-Wilson). E-commerce has two main forms, which are business-to-business, and business to consumer. B2B e-commerce â€Å"is business which is conducted between businesses via some electronic means† and B2C e-commerceRead MoreIs It Possible For The Uae?1437 Words   |  6 PagesDubizzle location Kampoart For Me compareit4me.com and Eureka Eureeca.com and Vcher Fetchr and Joe NAPT GoNabit and Gado Badu JadoPado and Just Falafel Just Falafel and raking Nabbesh location property finder propertyfinder.ae and market Souq, to name a few. According to the report published by the flash in 2015 for leadership in some countries, almost 60 percent of all supporting institutions for Entrepreneurship was created in the UAE in the last four years, after he revealed Market Opportunities in E-Commerce, South Africa Market Research Report On Analysing Online Retail Possibilities For South African Businesses Prepared by Asaad Manjoo Contents Chapter 1: Introduction 1.1 Aim of the research study 1.2 Problem Statement and Objectives 1.3 Literature study†¦show more content†¦1.1 Aim of the research study Online shopping has been a growing phenomenon all over the world especially among countries with well-developed infrastructure with marketing activities over the Internet (Kau, Tang amp; Ghose, 2003 ). Hawkins, Best amp; Coney (2001:592) are of the opinion that Internet sales will increase rapidly in years to come. Today we live in an age where the Internet has become an important medium for people in their daily lives. The Internet is an effective and efficient way to communicate with people, to manage banking transactions and to purchase goods and services. While the old way of going to a shop to get the feel and touch of a product before purchasing it is still nice, for certain services like booking airline or concert tickets have made the process much easier and efficient. Although predictions have been made on the future of online shopping and the increased growth in sales, the question arises as to why don’t more South African businesses utilise this market? This question can go hand in hand with another question: Why do consumers in South Africa still prefer shopping at a shopping mall as opposed to the convenient way of shopping online? In order for South African businesses to retail their respective products or services online, there needs to be a profitable market of users for the respective businesses toShow MoreRelatedMarket Opportunities in E-Commerce, South Africa11786 Words   |  48 PagesMarket Research Report On Analysing Online Retail Possibilities For South African Businesses Prepared by Asaad Manjoo Contents Chapter 1: Introduction 1.1 Aim of the research study 1.2 Problem Statement and Objectives Read MoreWalmart : A Global Market2336 Words   |  10 Pagesgrowth in the United States. To continue to grow and to remain a competitor in the retail discount industry Walmart has to become a global market. For Walmart to be successful in becoming a global company the following strategies will be discussed: †¢ Walmart could enter into the market †¢ Walmart could use e-commerce †¢ Buy a company that is already located in Africa †¢ Acquire Massmart The external and internal environment of both Walmart and Massmart will help to show whether or not the merging of theRead More3G and 4G Services745 Words   |  3 Pagesexploit in 2009, according to the MIIT. Furthermore, The Philippines is experiencing healthier socio-economic enlargement due to third-generation (3G) network services, rendering to a report by telecom firm Qualcomm. The report mentioned South Korea, South Africa, Thailand, and the Philippines as examples of countries with 3G deployment, and how this substructure affected their corresponding economies. Between the more prominent points in the study are the flourishing in job formation in the telecommunicationsRead MoreImportance of E-commerce in Modern Business1176 Words   |  5 PagesTable of Contents Definition and types of E-commerce 3 E-commerce payment systems 3-4 Importance of E-commerce in modern business 3 Conclusion 7 Recommendation 7 References 8 E-Commerce refers to the buying and selling of products and services over electronic systems like the internet and other computer networks. This system depends on technologies like electronic funds transfer, supply chain management, internet marketing, online transactionsRead MoreSamsung Swot Analysis1456 Words   |  6 PagesCompany Background: Samsung is a South Korean multinational company those beginning its business as a tiny commerce company and right now turning into world largest corporation. 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The IT sector mainly includes the startups based on Consumer Internet, ads, payments, analytics, cloud services, SaaSRead More Internet - Challenges of B2B and B2C E-commerce Essay1291 Words   |  6 Pagesand B2C E-commerce E-commerce â€Å"is the exchange of money for goods or services between companies and/or end consumers† (Hemond-Wilson). The most common image of e-commerce â€Å"is that of a web-based catalogue from which buyers can order products and the sellers can receive payment† (Hemond-Wilson). E-commerce has two main forms, which are business-to-business, and business to consumer. B2B e-commerce â€Å"is business which is conducted between businesses via some electronic means† and B2C e-commerceRead MoreIs It Possible For The Uae?1437 Words   |  6 PagesDubizzle location Kampoart For Me compareit4me.com and Eureka Eureeca.com and Vcher Fetchr and Joe NAPT GoNabit and Gado Badu JadoPado and Just Falafel Just Falafel and raking Nabbesh location property finder propertyfinder.ae and market Souq, to name a few. According to the report published by the flash in 2015 for leadership in some countries, almost 60 percent of all supporting institutions for Entrepreneurship was created in the UAE in the last four years, after he revealed

Essay on Beyond Suffrage a Book Review - 861 Words

The book, Beyond Suffrage; Women in the New Deal, presents the role of women in the 1930s in a much different light than many people think of it. The goal of this book is to enlighten the reader as to what role women played in politics during the New Deal. Because of its broad view I have taken several specific examples from the book and elaborated on them in order to give you a better understanding. The author, Susan Ware, begins by laying the groundwork for the womens network. During the 1930s, many different organizations began to evolve to include women in their decision-making. The backbone to this movement seems to lie deep within the White House. The First Lady, Eleanor Roosevelt, held a great deal of influence in†¦show more content†¦Throughout the New Deal, there were many areas regarding social welfare that women were involved and played a critical role in. One specific leap for women was their involvement in the National Recovery Administration. It seems that, there was a wide variety in the roles women played in the NRA. Rose Schneiderman served on the Labor Advisory Board, and by doing so opened many doors to work with other womens organizations in efforts to sway the legislation towards womens rights. Eventually their hard work contributed to improved labor standards and higher minimum wages for women in the workplace. Although the role of women in the NRA was a major part of their involvement in the New Deal, these women were also involved in many other areas such as social security, the Civil Works Administration, and the Consumers League. Winding down, Beyond Suffrage, explains the eventual decline of the womens movement at the end of the 1930s. As the depression lifted a chain reaction began. Soon the programs of the New Deal were no longer needed and because most of the positions that women held were in the New Deal programs, many women were displaced or else their advancement became stagnant. As the focus on the soc ial programs of the New Deal waned, so did the communication and zest that the womens network previously had. This coupled with the eventual retirement of the originators of the network all contributed to the stagnation of the womensShow MoreRelatedEssay on Beyond Suffrage: A Book Review840 Words   |  4 Pages The book, Beyond Suffrage; Women in the New Deal, presents the role of women in the 1930’s in a much different light than many people think of it. The goal of this book is to enlighten the reader as to what role women played in politics during the New Deal. Because of it’s broad view I have taken several specific examples from the book and elaborated on them in order to give you a better understanding. nbsp;nbsp;nbsp;nbsp;nbsp;The author, Susan Ware, begins by laying the groundwork for theRead MoreSusan E. 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Lab Swimming I Second Journal free essay sample

I also realize when we doing freestyle we do not need to bend my knee, after fixing the pose I think I swim better and faster. In the class we also learn when swimming with rotating shoulder side, and swim only with arms, (the technique we put a float between legs). After doing these, think I am better with the balance in the water, and have more control when in the water. We will write a custom essay sample on Lab Swimming I Second Journal or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page After have more balance, I become more confident when swimming.Whats more, really like that we counting the strokes when swim, at first feel a little wired, but after get the rhythm, I feel more comfortable ND become less tired when swimming. I also learned that when become tired, I should not being too struggle, instead I need to be relax. Because the more struggle I have in the water, the quicker I become tired in the water. I also learned to breathe easier when swimming in the class, now I breathe with my shoulder goes up, it works very well. After taking a week swimming class, I feel this class change my lifestyle.For example, I am not morning person last semester, and usually only have two meals since I do not eat recast; however, after take this class, I start getting up early in the morning and eat breakfast And I feel fresh after swimming because my body totally wake up. So when go to the class after this class, can focus more and learn very effectively. Last semester I usually go to bed late, sometimes cannot fall asleep, but now feel sleepy at around 1 1 pm, which is a good thing, swimming does improve my sleeping quality, too! Also, after get up early every day, I feel my day gets longer and I have more time to do more things.I come more organize, since when swimming I sometime think about what do I need to do for the rest of the day. Also like to go to sauna room after swimming and found there actually is a sauna room in the locker room, it help me relax if feel tried after swimming. Overall, I think I improve and become a better swimmer after only taken a week of class, and I feel myself healthier, and now I am very enjoy my lifestyle. At the same time, I am really excited to learn more things in this class such as butterfly, and hope maybe I can swim like a fish after this semester done.

Types of insurance and performance measurement of insurance companies Essay Example

Types of insurance and performance measurement of insurance companies Essay Chapter 3: LITERATURE REVIEW Insurance concern involves a batch of hazard because it provides screen against future uncertainness that clients will confront either in their ordinary life or in the class of making concern. Insurance services vary with the types of hazard against which a client wishes or intends to see. This chapter is a reappraisal of literature concentrating on the types of insurance and public presentation measuring of insurance companies. The remainder of this chapter is organized as follows. Section one is about categorization of insurance. Section two discusses the public presentation of insurance companies based on grounds on extant literature. Section three briefly discusses the impact of corporate administration on insurance companies’ public presentation. Section four reports the research spread. We will write a custom essay sample on Types of insurance and performance measurement of insurance companies specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Types of insurance and performance measurement of insurance companies specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Types of insurance and performance measurement of insurance companies specifically for you FOR ONLY $16.38 $13.9/page Hire Writer 3.1 Insurance Categorization Insurance can be grouped into three chief classs viz: ( 1 ) Life Assurance, ( 2 ) General Insurance and ( 3 ) Re-Insurance ( Financial Stability Forum, 2000 ) . Life Assurance Life confidence purposes to counterbalance the insured beneficiaries’ in the event of his/her decease. Unlike general insurance, life confidence is different ( Brockettet Al., 1994 ) . The fund to counterbalance life confidence client is generated from the premium contributed by the insured. Because mortality rate is comparatively low in many states ( both developed and emerging ) unanticipated eventuality as loss of life is besides comparatively low. In this vena Carson ( 2000 ) contends that life confidence companies are financially stable and that could be seen from their fiscal studies. The growing of industry at all degrees ( runing from primary, secondary to third ) has entailed the demands for new insurance services under the umbrella of life confidence. For case Gracia ( 2001 ) suggests that industrialisation has called for the demands for employee pension fund, cash-back life confidence policy and life confidence with place loans installations. In developed economic systems there are newer merchandises in footings of investings which possible life insured can put. General Insurance General insurance covers all insurances other than life confidence ( Meador et al, 2000 ) . Because of the assorted merchandises that general insurance offers and the chance of the hazard is unsure, risk-taking is higher ( Mansor and Radam, 2000 ) . Recent concern development in emerging economic systems like India, China, Brazil and Russia has significantly driven the general insurance market. Yao et Al ( 2007 ) contends that China has recorded an one-year addition of about 25 per centum in general insurance over the last decennary. Re-insurance Existing literature provides different definitions of re-insurance and re-insurers. This is because of its complex characteristics ( Cole and McCullough, 2008 ) . In a nutshell, reinsurance is the insurance for insurance companies. It provides an insurance screen to the insurance companies which have undertaken a legal contract to see clients for life or general intent insurance. Reinsurance may be regarded as the intensive attention unit of the insurance companies. By buying reinsurance, the insurance companies have taken protection against immense losingss that could lure to bankruptcy. It is compulsory for all insurance concern across the Earth to buy re-insurance policy. 3.2 Performance Measurement Extant literature in accounting and finance has chiefly used the fiscal studies to measure public presentation of any concern organisation in any sector including the insurance sector. Some have used the conventional ratio analysis attack whereas others have tended to sophisticate their attack by utilizing a set of selective indexs which they argue pertain to a specific sector. For case the CARAMELS theoretical account which is besides used by the World Bank to find public presentation of houses in the non-banking fiscal services sector. CARAMELS comprise of a series of ratios computed from the fiscal studies to measure public presentation. Both faculty members and practicians argue that fiscal studies are the most appropriate and relevant beginning of informations to measure public presentation of a house ( Nguyen, 2004 ) because they are prepared harmonizing to proper accounting criterions every bit good as audited in conformity with relevant auditing criterions ( Boolaky, 2012 ; B oolaky, et Al, 2013 ) . Ratio Analysis Conventional fiscal ratios are used to mensurate the underwriting public presentation of insurance companies. Harmonizing to Angoff ( 2005 ) the loss ratio represents the pure cost of insurance coverage as opposed to the disbursal ratio which is the non-claims-related activities of the insurance company. The amount of these two ratios the combined ratio therefore reports the effectivity and efficiency of underwriting operations ( Bergeret Al., 1992, Cummins and Danzon, 1997, and Hoyt and Powel, 2005 ) . Ratio analysis is a fiscal analysis tool to dissect a fiscal study in instance one needs to cognize how good or bad a company is making. They provide utile indexs for determination devising ( Watsonet al. ,2002 ) . Management uses ratios to measure public presentation in each map of the company whereas analysts use them to make up ones mind on their pick of investing. Regulators use ratio analysis as one of their supervisory tools. Ratios provide signals about hazard degree in the company. Using ratios it is possible to find public presentation during both good and bad old ages. Frequently analysts use a set of ratios when carry oning clip series public presentation analysis of companies ( Worrell, 2004 ) . Hirao and Inoue ( 2004 ) uses cost ratio to measure efficiency and effectivity of insurance sector in the Nipponese context whereas Bikker and Bos ( 2008 ) use the conventional ratio of profitableness to measure efficiency of Bankss. Fiscal Reporting for insurance concern has some extra revelation demands over and above the normal revelation model. In this context any insurance company has to follow with the International Financial Reporting Standards ( IFRS ) 4: Accounting for Insurance Contracts. However, ratios remain the footing for analyzing the public presentation of these companies ( Liu, 2009 ) . Below is a description of some cardinal ratios used in the literature to measure insurance company public presentation. Long Term Stability Any company has to hold sufficient capital to go on concern. In the instance of insurance concern, it is required by jurisprudence that each insurance company meets the capital adequateness threshold. Any company in the industry will be considered insolvent if it does non hold the minimal capital demand ( Sterling, 2000 ) . Klumpes ( 2004 ) uses a set of public presentation benchmarking in fiscal services sector with particular mention to the life insurance industry in the UK and draws attending on the importance of solvency, reinsurance every bit good as investings made by the insurance companies when measuring the fiscal wellness of an insurance company. Solvency is measured by comparing the assets and the liabilities of a company. Brockett et Al ( 1998 ) suggests that it is the safety valve of the insurance company which it can utilize to protect itself against any unanticipated vagaries. In the context of Mauritius any company including insurance has to go through the solvency trial set by the companies Act 2001 in add-on to the capital adequateness trial of the Insurance Act. The intent of modulating solvency both for the long and short term is to extenuate the hazard associated with market failures ( Fenn et al, 2008 ) . In general insurer‘s capital must be capable of supplying screens to any hereafter hazard event ( Daset Al., 2003 ) . Asset Backing The strength of a company rests in its assets. This implies both non-current and current assets of the companies. In the context of insurance sector because insurance is itself investing concern, the more diversified is its investing portfolio the more stable and less hazardous is the concern. Generally insurance companies would be given to follow a low geartrain policy in order to guarantee that is assets may be used in the event of a ruinous state of affairs. In this context all insurance companies are led to follow a conservative fiscal geartrain policy. Furthermore variable such as investing in existent belongings and its possible to bring forth hard currency are of import. If the ability to bring forth hard currency from existent belongings is low so the hazard associated with those assets are considered high. However if they can be easy converted into hard currency to settle debts so they will be considered as less hazardous ( Jeng et al, 2007 ) . Profitableness Profitableness is defined as the ability of a concern entity to bring forth net income. It is measured by a figure of ratios such as net net income border, return on assets, return on equity, assets turn over. Extant literature has used these ratios to show public presentation of concern entities including insurance concern. In the insurance sector Berger and Mester ( 1997 ) concentrate more on standard net income efficiency instead than normal net income. They argue that the efficiency of net income is a more comprehensive step of insurance public presentation than cost efficiency. Harmonizing to them gain efficiency measures the firm’s ability to recognize maximal net income under a given status. Yuan and Phillips ( 2008 ) argue that alternate net income efficiency assesses alteration in a firm’s net incomes adjusted for random mistake. Efficiency alterations depend on direction attempts and environmental variables. When comparing standard net income efficiency with alternate net income efficiency, the latter uses the variable end product measures than variable end product monetary values. Many other research workers have worked on net income efficiency of insurance companies ( see Berger et Al, 2000 ; Ward, 2002, Klumpes, 2004 ; Jarraya and Bouri, 2013 ) . 3.3 Corporate Administration and Performance There are several surveies which have investigated the consequence of corporate administration on insurance companies’ public presentation. Cummins and Weiss ( 2000 ) suggest that stock companies and common financess public presentation differs because of different corporate administration attack. They argue that common companies are characterized by lower managerial discretion as opposed to stock companies. Greene and Segal ( 2004 ) reveal that common companies and stock companies are both cost efficient. But others argue that common companies are least efficient than stock companies ( Diboky and Ubl, 2007 ) . Hardwick et Al ( 2004 ) look into the relationship between size of the board of managers and insurance houses efficiency and infer that there is a direct relationship between the two variables. Hyraxet Al. , ( 2003 ) suggest that effectual direction is an of import driver of the fiscal strength of an insurance company. Furthermore, unsound efficiency indexs could bespeak possible jobs in the direction of proficient and investing hazards. Boolaky ( 2007 ) investigates how conformity with corporate administration codification by the fiscal services sector in Mauritius contributes towards effectual public presentation. His survey was based on the whole population of the fiscal services houses and he drew informations from their one-year studies. His findings suggest that houses with higher conformity degree are more effectual and efficient. 3.4 Research Gap Research on the insurance sector is really rich around the universe. Some research workers have investigated the bureau hazard in the insurance concern whilst others have delved into determiners of public presentation. But bulk of these surveies were confined to big economic systems including developed, emerging and developing economic systems. As yet there is no published survey on the insurance sector of Mauritius and in peculiar on the public presentation development of this sector. My undertaking aims to make full the spread by carry oning a clip series analysis on the public presentation of three cardinal insurance companies in Mauritius over a period of 50 old ages. Ratio analysis is used to calculate the public presentation indexs and unit root trial to look into for stationarity. More inside informations are given in chapter 4- Research Methodology.