Potential of Health Hazards in M-Commerce

by Hadi Sasana Putra NIM                 : 2301883574

Big corporations, including multinational corporations, have a tendency to grow their operations swiftly in a variety of ways. During the first decade of the 21st century, corporations had a great opportunity to swiftly advertise their brands and goods because of the technology they possessed at the time. That period, as compared to our one, is an enormous distance away. When there were no technologies available, companies in past times were more inclined to promote their products via conventional campaign marketing. With the help of social media, the firm was able to swiftly acquire new clients without spending a lot of money and reusing previous campaigns. No matter how openly corporations are revealing their development, is it possible to withstand this trend? That’s exactly what we’ll learn.

There are so many ways to look at this situation from a global viewpoint. As a result of the worldwide epidemic, we witnessed a large number of businesses go bankrupt. Whether or whether our use of technology is beneficial to the numerous businesses impacted is a question we must answer. Let’s find out then.

As a result of a large company’s dominance of the market, so many things transpired. As a result of their use of social media and other market platforms, MNCs were able to make so much money. As of now, the worldwide pandemic has resulted in a huge net loss for multinational corporations (MNCs). When a company succeeds or fails, the tools they utilized have an effect on their success or failure. In most cases, mobile commerce represents a danger to the survival of many multinational businesses since they aren’t using it correctly. Using mobile commerce may help you make great progress on both internal and external variables. Companies who do not leverage mobile commerce platforms or do proper research might face a serious challenge. Online buying has become more promising than conventional purchasing techniques in the last several years. If a corporation isn’t seeking to connect with its consumers online, what would happen? When a firm doesn’t have the huge data that so many other companies are seeking for, it will miss out on a lot of prospective clients. Then, the corporation has to re-evaluate all of its preparations for survival. Developing and engaging all clients in mobile commerce was also necessary to boost net revenue and all other opportunities. When it comes to spending money in the global marketplace like mobile commerce in this fourth-generation age, the corporation has to take into account all of the dangers they are taking. In addition, the organization must understand the algorithm for mobile commerce engagement from the data they have gathered. To put it another way: The greatest danger in this new age of big data is that the firm won’t be able to understand its audience exactly and accurately. If this is the case, the company will be in trouble. As a result of the danger in mobile commerce, small businesses that don’t have access to the internet might lose and force larger companies to pick up their game. This kind of dilemma necessitated further government involvement, with taxes being used to assist small businesses in growing and developing..

REFERENCES

Joubert, Janine. Van Bellet, Jean-Paul. The Importance of Trust and Risk in M-Commerce: A South African Perspective. 2009.