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E-Business Missing from Most UK Firms February 2, 2001
Slightly more than half of the largest companies in the UK have systems that allow for either B2B to B2C transactions online, according to a survey by ICM for Rubus.
Only 52 percent of the Times Top 1000 companies have systems that allow them to conduct online transactions. Ninety percent of the respondents to the survey acknowledged the importance of an effective online presence or using Internet technology to their business objectives and success, but only 15 percent have developed a formalized e-business strategy for 2001 to help them achieve it. Thirty-five percent admitted the biggest challenge to successfully implementing their online plans could be other business matters taking a priority.
Reason Poor planning and decision-making about online strategies may ultimately lead to investments that do not give the returns companies expect.
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