E-commerce

13 Pages 3226 Words

net surfers, E-commerce means online shopping; “for workaholics pointing their web browser to Amazon.com to order an emergency present because they forgot someone’s birthday again.” (Weiss, 1999) But E-Commerce is far more powerful than just a simple way to shop.

E-commerce is the exchange of business information between two or more organizations. This could be from business to consumer, business to business, business to government etc.., an example of this would be buying and selling products or services over the Internet. E-commerce became very popular soon after it proved to be an efficient means to conduct long distance transactions. While E-Commerce has get potentials it also has some fall backs as well as opportunities to improve even more in the future.

Electronic commerce or E-commerce has developed very rapidly in the last few years and has left some people wondering what it is all about. The general conclusion that people make, as Wareham states, is that "Most people think E-commerce is just about buying and selling things over the Internet." (Wareham, 2000) The digital market place of E-Commerce is a broad term describing the electronic exchange of business data between two or more organizations’ computers. Some examples might be the electronic filing of your income tax return, on-line services like American Online®, and online banking for bill paying for services or products received. E-commerce also includes buying and selling any item over the Internet, electronic fund transfer, smart cards, and all other methods of conducting business over digital networks. The primary technological goal of E-commerce is to integrate businesses, government agencies, and contractors into a single community with the ability to communicate with one another across any computer platform.” (Edwards, 1998)


History of E-commerce

Though E-Commerce is new to some people, to children and people who have grown up in this di...