The Role of E-Commerce in Economic Transformation from a Business Management Perspective

Abstract

Background: Over the past few decades, the rapid expansion of cross-border e-commerce has reshaped global trade, acting as a key driver of economic transformation. As a crucial aspect of globalization, e-commerce has facilitated the integration of businesses into international markets, reducing geographical barriers and transaction costs while fostering economic development. Aims: The present study aims to examine e-commerce and its role in economic transformation from a business management perspective. Methodology: The research employs a descriptive survey method, with a statistical population comprising all students and graduates in the fields of e-commerce and business management in Bandar Abbas. Using a convenience sampling method, a total of 203 individuals were selected as the study sample. A researcher-developed questionnaire with a reliability coefficient exceeding 0.8 was distributed among the participants. Data analysis was conducted using descriptive and inferential statistical methods, specifically the T-test, through SPSS version 22. Findings: The findings revealed that the T-test statistic for the role of e-commerce in accelerating economic transactions was 73.7, its impact on inflation in the global economy was 54.9, and its contribution to facilitating transactions was 65.5, all statistically significant at a 95% confidence level (P<0.05). Conclusions: E-commerce plays a significant role in enhancing the speed of economic transactions, influencing inflation in the global economy, and facilitating trade from a business management perspective.