E-Commerce In Saudi Arabia

E-Commerce in Saudi Arabia by: Saltan Alhammas English Writing integrity of the closely profound changes authorizedly transpiring in the world of dividing line is the introduction of Electronic Commerce (E-Commerce). The impact of E-Commerce on procurement, shopping, nascence collaboration, and customer services as well as on delivery of various services is so dramatic that attached every organization is affected. Besides, as E-Commerce is changing all trickery functional areas and their important tasks, ranging from advertising to paying bills, the nature of ingestion has also changed due to new online companies, new business models and the strain of E-Commerce related products and services. This objective of this paper is to find out the original 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 online situation of E-Commerce in Saudi Arabia, I would like to cover along a brief summary about the political, stinting, hearty and proficient environment of Saudi Arabia. Saudi Arabia has an oil found prudence with strong government controls over major economic activities. It possesses more(prenominal) than 20% of the worlds proven pet percentageum reserves. It non single ranks as the astronomicst exporter of petroleum, but also tends a star role in OPEC. The petroleum area accounts for roughly 75% of budget revenues, 45% of gross domestic product, and 90% of export earnings. It is believed that about 40% of GDP comes from the secluded sector and roughly 5.5 million immaterial workers play an important role in the Saudi economy, particularly in the oil and service sectors. Saudi Arabias unemployment is high, and the large youth population generally lacks the education and technical skills the private sector needs. As part of its effort to attract remote investment funds and diversify the economy, Sa udi Arabia acceded to the WTO in December 20! 05 after some years of negotiations. The government has...If you want to get a dear essay, order it on our website: OrderCustomPaper.com

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