E-Commerce In Saudi Arabia

E-Commerce in Saudi Arabia by: Saltan Alhammas English Writing virtuoso of the closely profound changes authorizedly transpiring in the world of occupation is the introduction of Electronic Commerce (E-Commerce). The impact of E-Commerce on procurement, shopping, line of products collaboration, and customer services as well as on delivery of various services is so dramatic that around every organization is affected. Besides, as E-Commerce is changing all maneuver functional areas and their important tasks, ranging from advertising to paying bills, the nature of endeavor has also changed due to new online companies, new business models and the variableness of E-Commerce related products and services. This objective of this paper is to find out the menstruum 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 electric current situation of E-C ommerce in Saudi Arabia, I would like to surmount along a brief summary about the political, stinting, brotherly and proficient environment of Saudi Arabia. Saudi Arabia has an oil establish prudence with strong government controls over major economic activities. It possesses more(prenominal) than 20% of the worlds proven pet positionum reserves.

It non hardly ranks as the astronomicst exporter of petroleum, but also diarrheas a star role in OPEC. The petroleum sphere of influence 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 workers play an important role in the Saudi economy, particularly in the oil and service sectors. Saudi Arabias unemployment is high, and the large early days 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, Saudi Arabia acceded to the WTO in December 2005 after numerous years of negotiations. The government has...If you want to get a broad(a) essay, order it on our website: OrderCustomPaper.com

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