Question

In: Economics

Discuss about the existing e-commerce application using by Toyota and how discuss the security of the...

Discuss about the existing e-commerce application using by Toyota and how discuss the security of
the electronic and mobile commerce application

Solutions

Expert Solution

Toyota always grabs attention due to its active involvement in technology implementation and updations of e-commerce platform to minimize the cost of those activities which can be accomplished through the e-commerce platform. Such technologies include QR(Quick Response) technology, which is a 2D barcode that contains information in both vertical and horizontal directions, unlike traditional barcodes where information is only stored in one direction.

it also implemented ERP technology along with B2B as an integration model that has been growing within the automotive sector.

E-commerce techniques such as online auctions and paperless transactions have to lead to reduced costs and increased efficiency.

Through e-commerce, the automobile industry has achieved efficiency in their daily operations. A typical B2B transaction within the automotive industry can be done by automakers by purchasing direct material from suppliers, it can also sell the product in e-commerce.

Electronic commerce and mobile commerce is one of the emerging technologies for online business. in this security plays a significant role for the business operator side as well as the user side. E-commerce and M-commerce can be used in many innovative ways with prioritizing security in terms of transaction and delivery. these two types of business face challenges like the internet, website, web security, transaction security, customer data security, delivery time and payment security, etc.


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