Business sustainability through e-commerce: a myth or reality in Nigeria

A succinct exploration of business sustainability via an e-commerce platform was examined in the study. Its myth and reality permeate its adoption, use, and acceptability within the context of our economic, social, and environmental assumptions were also validated. To achieve its aim, exploratory m...

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Main Authors: Ishola R. Akintoye, Modupe Ajayi, Abimbola Joshua, Abiodun F. Okunlola
Format: Article
Language:English
Published: Vilnius Gediminas Technical University 2022-11-01
Series:Business: Theory and Practice
Subjects:
Online Access:https://journals.vilniustech.lt/index.php/BTP/article/view/16657
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author Ishola R. Akintoye
Modupe Ajayi
Abimbola Joshua
Abiodun F. Okunlola
author_facet Ishola R. Akintoye
Modupe Ajayi
Abimbola Joshua
Abiodun F. Okunlola
author_sort Ishola R. Akintoye
collection DOAJ
description A succinct exploration of business sustainability via an e-commerce platform was examined in the study. Its myth and reality permeate its adoption, use, and acceptability within the context of our economic, social, and environmental assumptions were also validated. To achieve its aim, exploratory methodology, which compared benefits and challenges among the three main elements – business, users, and authority; in the application of the e-commerce platforms and channels in the country was examined. The result showed mixed outcomes. On one side, there are huge benefits to businesses in adopting e-commerce while on the other, challenges such as optimal patronage due to cultural trust gaps, user-confidence, poor connectivity, and government selective policy drive. Based on this outcome, it is concluded that; business sustainability via e-commerce in the country is relatively weak and can be improved upon if, end-users policy drive is taken into serious consideration.
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spelling doaj.art-c59039302fc747bc991cab7c40d2dcef2024-02-02T08:41:33ZengVilnius Gediminas Technical UniversityBusiness: Theory and Practice1648-06271822-42022022-11-0123210.3846/btp.2022.16657Business sustainability through e-commerce: a myth or reality in NigeriaIshola R. Akintoye0Modupe Ajayi1Abimbola Joshua2Abiodun F. Okunlola3Department of Accounting, Babcock University, Ilishan-Remo, Ogun State, NigeriaDepartment of Project Management, Federal University of Technology Akure, Ondo State, NigeriaDepartment of Accounting, Mountain Top University, Ogun State, NigeriaCollege of Economic and Management Sciences (CEMS), Department of Business Management, University of South Africa, Pretoria, South Africa A succinct exploration of business sustainability via an e-commerce platform was examined in the study. Its myth and reality permeate its adoption, use, and acceptability within the context of our economic, social, and environmental assumptions were also validated. To achieve its aim, exploratory methodology, which compared benefits and challenges among the three main elements – business, users, and authority; in the application of the e-commerce platforms and channels in the country was examined. The result showed mixed outcomes. On one side, there are huge benefits to businesses in adopting e-commerce while on the other, challenges such as optimal patronage due to cultural trust gaps, user-confidence, poor connectivity, and government selective policy drive. Based on this outcome, it is concluded that; business sustainability via e-commerce in the country is relatively weak and can be improved upon if, end-users policy drive is taken into serious consideration. https://journals.vilniustech.lt/index.php/BTP/article/view/16657businesse-commerceICTsustainabilityinternetexploratory
spellingShingle Ishola R. Akintoye
Modupe Ajayi
Abimbola Joshua
Abiodun F. Okunlola
Business sustainability through e-commerce: a myth or reality in Nigeria
Business: Theory and Practice
business
e-commerce
ICT
sustainability
internet
exploratory
title Business sustainability through e-commerce: a myth or reality in Nigeria
title_full Business sustainability through e-commerce: a myth or reality in Nigeria
title_fullStr Business sustainability through e-commerce: a myth or reality in Nigeria
title_full_unstemmed Business sustainability through e-commerce: a myth or reality in Nigeria
title_short Business sustainability through e-commerce: a myth or reality in Nigeria
title_sort business sustainability through e commerce a myth or reality in nigeria
topic business
e-commerce
ICT
sustainability
internet
exploratory
url https://journals.vilniustech.lt/index.php/BTP/article/view/16657
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AT abimbolajoshua businesssustainabilitythroughecommerceamythorrealityinnigeria
AT abiodunfokunlola businesssustainabilitythroughecommerceamythorrealityinnigeria