Impact Of Online Shopping On Businesses - 1439 Words

This report examines a major issue that applies in Australian workforces. The issue is the impact of online shopping and what effects it has on businesses. According to Australian Bureau of Statistics, 43% of Australians use the internet to buy products and services . This states that the internet is changing consumer shopping habits fast, and most likely, forever. As reported by the National Retail Association, 50,000 people will lose their jobs due to internet shopping . These statistics will significantly affect the work place with people losing their jobs which can be blamed for the popularity of online shopping. This brings rise to other concerns which should be considered including advantages and disadvantages of online shopping, the legislation regulating its use and the economic, ethical and environmental impacts associated with online shopping. Introduction: The issue chosen that is experiencing a strong growth amongst Australian consumers and businesses is online shopping. Online retailing is becoming extremely popular as consumers integrate online purchasing into their everyday shopping experience . For businesses, online shopping is a great advantage as it widens their customer base, leaving to an increase in sales . However, online shopping can affect small business as there are many disadvantages which can affect its operations such as fraud, security concerns and privacy issues. History: Online shopping is still a current issue in today’sShow MoreRelatedEssay on E-Shopping837 Words   |  4 Pages E-Shopping Online shopping has impacted the economic, political and cultural development of the financial markets and the economy. Many consumers have been using the World Wide Web in order to purchase items. The computer technology has allowed consumers to use the internet to their convenience to shop. Online shopping has impacted the United States economy greatly. The impacts of online shopping have been advantageous as well as disadvantageous. 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