Limitations of the Business:
Actually in every business whether it is E-commerce or other business, each and every business there are some limitations. So while doing this E-Business many hurdles are to be faced generally. That limitations and hurdles are to be overcome to bring success in this sector. These limitations are classified into two, such As:
1. Technological Limitations.
2. Non-technological Limitations.
Technological limitations and non technological limitations are discussed as below:
❖ security and reliability Problem:
When we will start E-Business then we will have to face a problem of security and reliability. ...view middle of the document...
But we do not have ready made software that we can use for our business. So we have to develop our required software. So it’s a great problem and limitations for us to develop that business required software.
❖ Implementation Problem:
Software development is of no use until it is implemented. So before developing any software or technological infrastructure, implementation parts are to be considered very seriously. Implementing of E-business software and other technological part is a major step in developing a business model especially when it is online system. Many considerations are to be taken to implement online system required by particular business. E-Commerce requires special servers to support it which may increase cost. So to implement E-Business related stuffs, we will have to face a huge problem. It is a big challenge for us.
❖ Legal Issues:
There are some legal issues related to the E-Business. We have to face many barriers regarding laws and regulations. There are some legal issues that are to be strictly followed. In our country there are some authorities like regulatory commission which control all the communication and activities related to the E-business. Like BTRC. As we know in our country it is very difficult to get such type of speedy internet connection and other connecting infrastructure to establish an E-business like ours. There are still many legal issues to be resolved. Still there is bureaucratically issues that are to be faced to establish E-Business.
❖ Communication Gap:
People lack in trust when trading with strangers. In our country we consider farmers as another community having a different culture and values. There is a huge communication gap between us and farmers. It would really be a great challenge for us to overcome such communication gap problem. So at first we have to maintain intimate relationships with the farmers. So we need to be intimate with the farmers to gain trust from them. If we can not gain trust from them we can not operate such business. Our business is to provide farmers time to time information of the price of their crops. But if there is no trust and faiths between these tow parties, it will not work successfully.
❖ Infrastructure Limitations:
In our country we don’t have strong infrastructure to install a business whether it is E Business or non E Business. To establish an E Business we require a Electronic business infrastructure. So our business infrastructure is not suitable for us. We still have to face many bureaucratically unfavorable situations. So we will have to overcome those barriers to establish a good E Business. The infrastructure is to be developed without any delay. Because days are changing, we need to cope up with it. Today is an age of modern technology. It is a huge limitation for our country not having a strong infrastructure for E-Business.
❖ Lack of Education in farmers: