An Exploratory Study on E-Business Risks Due to the Sector Classification of Small and Medium-Sized Enterprises

Abstract

Owing to Information and the mobile revolution, e-business has become the most important element of modern management. E-business has the advantage that an organization can conduct its own business efficiently and effectively at relatively lower cost; however, it also carries the risk of affecting the survival of the entire organization. As the number of clients who use Internet and enterprises entering e-business is increasing, various risk factors have shown constant recurrence, and their importance is inevitably increasing. Although studies on e-business risks have been actively conducted since the mid- 1990s, there have been limits in applying them in practical work as only few of them have focused on the e-business risk factors of small and medium-sized enterprises and their management methods. Therefore, this study intends to analyze the challenges by classifying the existing studies based on the risk factors and suggesting directions for future studies.