Potential Future of E-Commerce
Explanation of the Issue
* Electronic commerce and its related activities over the internet can be the engines that improve domestic economic well-being through liberalization of domestic services, more rapid integration into globalization of production, and leap-frogging of available technology. Since electronic commerce integrates the domestic and global markets from its very inception, negotiating on trade issues related to electronic commerce will, even more than trade negotiations have in the past, demand self-inspection of key domestic policies, particularly in telecommunications, financial services, and distribution and delivery. Because these sectors are fundamental to the workings of a modern economy, liberalization here will rebound to greater economic well-being than comparable liberalization in more narrowly focused sectors. Thus, the desire to be part of the e-commerce wave can be a powerful force to erode domestic vested interests that have slowed the liberalization of these sectors.
* The Internet continues to change every aspects of our life, and changes the way to understand ecommerce from a broad perspective, to learn the basics of underlying consumers make their purchase decisions. It is essential for organizations, large or small, technology, to assess the impact of the technology on business processes, to foresee how the Internet may shape the course of the future in our everyday life and business word, and to fully enjoy the benefits of electronic ecommerce in their business practices.
* E-commerce has completely changed the 21st century in a way that few other technologies have and is actively changing commerce as a whole on a daily basis. The amount of information and products that are available online is growing, and the amount of information people acquire and purchase daily online is growing also. The Internet is one of the youngest and fastest growing depositories of information in today’s world. Internet
* Electronic commerce and its related activities over the internet can be the engines that improve domestic economic well-being through liberalization of domestic services, more rapid integration into globalization of production, and leap-frogging of available technology. Since electronic commerce integrates the domestic and global markets from its very inception, negotiating on trade issues related to electronic commerce will, even more than trade negotiations have in the past, demand self-inspection of key domestic policies, particularly in telecommunications, financial services, and distribution and delivery. Because these sectors are fundamental to the workings of a modern economy, liberalization here will rebound to greater economic well-being than comparable liberalization in more narrowly focused sectors. Thus, the desire to be part of the e-commerce wave can be a powerful force to erode domestic vested interests that have slowed the liberalization of these sectors.
* The Internet continues to change every aspects of our life, and changes the way to understand ecommerce from a broad perspective, to learn the basics of underlying consumers make their purchase decisions. It is essential for organizations, large or small, technology, to assess the impact of the technology on business processes, to foresee how the Internet may shape the course of the future in our everyday life and business word, and to fully enjoy the benefits of electronic ecommerce in their business practices.
* E-commerce has completely changed the 21st century in a way that few other technologies have and is actively changing commerce as a whole on a daily basis. The amount of information and products that are available online is growing, and the amount of information people acquire and purchase daily online is growing also. The Internet is one of the youngest and fastest growing depositories of information in today’s world. Internet
References: * http://en.wikipedia.org/wiki/Electronic_commerce * http://www.networksolutions.com/education/what-is-ecommerce/ * http://www.digitsmith.com/ecommerce-definition.html * http://hcdesk.com/blog/the-future-of-ecommerce/ * http://www.blurtit.com/q495376.html