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Future Trends

“The world has finally become a Global Village, not just in rhetoric, but in reality” (Hennessey, 2000, p.34). In the new millennium, it will be more difficult for businesses to survive without joining an e-partnership and taking advantage of the Internet. The fast expansion of Amazon through e-partnerships and e-networks and its business success reinforce the importance of on-line strategic alliance in today’s business world. Corporate e-partnerships and network-based organizations will be a crucial factor in the future success of on-line business activities. The author speculates on possible trends of the development of e-commerce and e-business in the near future. The speculation for the future direction is based upon the current development patterns of e-commerce and e-business which contribute directly to the viability of e-partnerships and virtual organizations. The future trends will be characterized by:

  • More mature (rather than experimental) nature of e-commerce and e-business practices in terms of the scope, quality and credibility of on-line customer services and products;

  • More needs for devising and popularizing e-supply chains due to the needs for integrating the flow of information with the flow of goods (Hoek, 2001);

  • Greater monopoly of the flow of e-commerce and e-business by bigger on-line syndicates like Amazon.com through building extensive on-line alliances with on-line retailers and suppliers;

  • Greater reliance on joint efforts across nations in on-line legislation to protect IP, security and privacy of e-commerce and e-business; and

  • Greater challenge for dot.com industries to achieve sustainability, due to a more uncertain economic environment and the increasing complexities of new technologies and the more globalized economy.


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