Monster Cookie Company and E-commerce Assignment

Monster Cookie keep high society and E-commerce - Assignment ExampleMCC play along may face a risk of future closure because the company may hire dishonest web designers and programmer unknowingly who may tend to expose MCC line of descent secrets to its competitors (Ghosh, 2001).Additionally, a mostly online business depends entirely on the mercy of their pecuniary institutions. In case financial institution receives claims against the company from its suppliers, the bank may freeze the account of the company and this may cause the company to collapse (Ghosh, 2001). 4 Introducing e-commerce at MCC will enable the company to have a broader market of proviso monster cookies due to a wider geographical coverage established by e-commerce. This, in turn, will legislate to an increase in companies sales and profitability (Al-qirim, 2004). Additionally, the company will have an opportunity of interacting with suppliers who can show raw material for manufacturing monster cookies at a subsidized cost. 6 There are many e-commerce systems used by similar organizations among the systems include LinkedIn, twitter, facebook to name just but a few. Those systems have enabled similar organizations as MCC play along to have a broader network where business transactions can take model more efficiently and effectively (Al-qirim, 2004). 6 The most significant financial implication of e-commerce at MCC social club is that the company has to adopt the use credit cards in order to receive payments from virtual customers find in different parts of the world. However, this may lead to fraud because some online customers are dishonest and may tend to make payments using a defective and stolen credit card and this may cause MCC Company to incur substantial financial losses (Ghosh, 2001).