A report which describes a business scenario which will benefit from Essay

A report which describes a business scenario which will benefit from investment in the web - Essay Example The application of eCommerce facilitates a business for collection of data, analysing customer base and nature of industry, electronic fund transfer, supply chain and inventory management, online transactions as well as sales and marketing activities very swiftly. The system also allows consumers from any corner of the global village to derive benefits arising out of the products and services introduced by the company applying eCommerce in its business. In this paper, application of eCommerce will be incorporated to a real business in order to monitor how the business can be benefitted from increasing utilization of internet based, web-facing information technology system. For the purpose of analysis, a hypothetical company â€Å"XL Learning Solutions† has been selected for evaluating how the company’s business standards transform through application of web, more specifically eCommerce in its business process. XL Learning Solutions is a famous tutorial and private educational institution situated at Southampton, United Kingdom. The tutorial is run by a group of 5 eminent professors of the city and is well known for its application oriented learning approaches. Apart from dealing with educational curriculum, it also strives to enhance behavioural skills and personality development lessons in order to ensure overall development of the students. Basic technical skills such as application MS Office and other relevant software are also trained in order to enable the students to have a fundamental idea on computer applications so that the students’ foundation of knowledge can be strengthened. The tutorial is so popular in the city that its wide ranged student base has been generated only through referral system, without any promotional activities or any other efforts from the management of the organization. However, the management is noticing since long that many students from other part s of the country are longing to take services provided by