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associated with establishing and maintaining an E-commerce presence, and the team contract with a reputable E-commerce developer to build a strategic plan and establish the E-commerce vehicle.
The outcome of the initiative will prove that E-commerce is not a fad; E-commerce is not only the wave of the future, but it is here to stay, and the banking industry will have to invest in E-commerce to remain competitive. UWB should conduct a survey wherein it: (a) collects secondary data on E-commerce to develop a knowledge of its evolution, trends, expected benefits, and textbook recommended designs, (b) collects data from at least one competitive bank that has ventured into E-commerce and document its experience, (c) obtain and study a typical E-commerce development recommendation from a professional E-commerce developer, (d) compare the company’s experience and the developer’s proposal to the “textbook solution” to determine whether they are significantly different or substantially the same, and (e) make a recommendation based on the research findings...
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