This 12 page paper is written in two parts. The first part is a proposal for a dissertation or project examining how implementation of e-Commerce for Singapore Stockbroking Firms could take place. The proposal includes a literature review and a methodology as well as an outline of why this is a valuable subject. The second part of the paper answers specific questions regarding the use of statistics and statistical testing methods. The bibliography cites 7 sources.
Name of Research Paper File: TS14_TEplanstats.rtf
Unformatted Sample Text from the Research Paper:
seeks to prove an hypothesis, or may be a question that needs an answer. The question we will use here is to
ask in what way or how Singapore stockbrokers can use e-commerce in a strategically profitable manner to give them a competitive advantage. This may be assessed by developing a model
or by outlines alterative strategies dependant on findings. 2. Literature Review and Question Exploration If we look at areas such as Singapore there have
been large levels of growth, especially in the financial markets and service sectors as the price of labour increases and many of the advantages in the manufacturing sector move to
other less developed countries. The impact of globalisation and the presence of the internet also creates many business opportunities reducing many of the traditional barriers to trade. One area
of growth in the region, not only due to globalisation, but also due to the liberalisation of Asian markets, has been the growth of stock brokers. The Asian markets may
heave been associated with volatility, but they have also been very attractive to both local and international investors; individuals and investment funds. However, even in a growth industry there
is the need for any company to compete. Michael Porter has identified two sources of competitive advantage the cost advantage and differentiation (Porter, 1985, Thompson, 1998).
These are two different ways a competitor may get the edge on its rivals. For example, if there are two products or services are very similar,
neither has the advantage, but if one looks better, or has extra features, it may have an advantage just as if one costs a company less to produce, the company