Free Accounting Dissertations - Holland, Lockett And Blackman [1998], Studying The Banking Sector, Find That
Holland, Lockett and Blackman [1998], studying the banking sector, find that the profitability of banks worldwide has decreased from the early 1980s to the 1990s. Holland argues that the broad competitive forces of information technology, globalisation and deregulation are destabilizing the banking industry and leading to irrevocable changes for providers and customers alike, arising from new entrants, disintermediation and innovation on a much greater scale than has occurred in the past.
There are cases where the technological change is considered as the best possible solution although it usually takes many months to be completed. This change refers mostly to the modification of the environment under which the computers of the firm operate. The main aim when applying such a project is to expand and strengthen the potential of the business, enabling it to meet its business goal i.e. the growth and the simultaneous cost reductions. Under this scheme, the firm has first of all to construct a solid technological base which is usually begin with the complete renovation of the business applications.
Chaston I. And Mangles T., examined the role of e-commerce particularly to small accounting firms (in an effort to minimise the influence of variance between different service sectors). They argue that small accountancy practices offer the advantage of both providing a large-scale database from which to sample and access to managing partners who can be expected to be closely involved in guiding the development of their practice’s e-commerce strategy. On the basis of case-based observations that have been made about e-commerce strategies, the two null hypotheses selected for an empirical pilot study were: H1: Participation in e-commerce is not influenced by whether an accountancy practice exhibits an entrepreneurial or conservative (i.e. non-entrepreneurial) marketing style. H2: Participation in e-commerce is not influenced by whether an accountancy practice has adopted a relationship or a transactional marketing orientation. The result of their research was the design of the progression of e-commerce as it is usually takes place in small accounting firms.
FIGURE 1
PROPOSED PROGRESSION FOR DEVELOPING AN E-COMMERCE SYSTEM FOR
SMALL ACCOUNTANCY PRACTICES (Chaston I., Mangles T.
