E-Commerce
The Advantages of E-Commerce
Kyvonne Coleman,
Marketing 552
August 26, 2013 Professor Maureen Murphy
Advantages of E-Commerce
Economic Commerce (e-commerce) is a term used to describe any transaction of business that is conducted over the internet where an end-user provides information to receive or purchase a product from a retailor of any sort. Being in an age that majority of businesses thrive off of e-commerce, any business down to a fast food restaurant such as Pizza Hut offers online orders and purchases. It is beneficial to all types of business’ to be a part of this growing industry. A company such as Napster is a leader in e-commerce and technology when it comes to file sharing on the internet, more in depth Napster was one of the leaders in sharing music via the internet.
In today 's business world, e-business ractivities of various types contribute significantly to the efficiency of business processes, and to the recognition of products and services.
“Napster is of significant importance not only for inventing peer-to-peer technology, but also for forcing record labels to play ball and work with tech companies to make file-sharing practices in the digital music industry legal. Even P2P is finally on the verge of legitimacy, with companies such as Warner Brothers and Paramount recently signing deals to distribute content through P2P upstarts BitTorrent and TV streamer” (Null, 2007).
“Napster was a program that allowed computer users to share and swap files, specifically music, through a centralized file server. His response to the complaints of the difficulty to finding and downloading music over the Net was to stay awake 60 straight hours writing the source code for a program that combined a music-search function with a file-sharing system and, to facilitate communication, instant messaging. Now we have Napster, and people are pissed” (Lamont,2013). The Internet played a very essential role in this process, as it
Kyvonne Coleman,
Marketing 552
August 26, 2013 Professor Maureen Murphy
Advantages of E-Commerce
Economic Commerce (e-commerce) is a term used to describe any transaction of business that is conducted over the internet where an end-user provides information to receive or purchase a product from a retailor of any sort. Being in an age that majority of businesses thrive off of e-commerce, any business down to a fast food restaurant such as Pizza Hut offers online orders and purchases. It is beneficial to all types of business’ to be a part of this growing industry. A company such as Napster is a leader in e-commerce and technology when it comes to file sharing on the internet, more in depth Napster was one of the leaders in sharing music via the internet.
In today 's business world, e-business ractivities of various types contribute significantly to the efficiency of business processes, and to the recognition of products and services.
“Napster is of significant importance not only for inventing peer-to-peer technology, but also for forcing record labels to play ball and work with tech companies to make file-sharing practices in the digital music industry legal. Even P2P is finally on the verge of legitimacy, with companies such as Warner Brothers and Paramount recently signing deals to distribute content through P2P upstarts BitTorrent and TV streamer” (Null, 2007).
“Napster was a program that allowed computer users to share and swap files, specifically music, through a centralized file server. His response to the complaints of the difficulty to finding and downloading music over the Net was to stay awake 60 straight hours writing the source code for a program that combined a music-search function with a file-sharing system and, to facilitate communication, instant messaging. Now we have Napster, and people are pissed” (Lamont,2013). The Internet played a very essential role in this process, as it
References: 1. Cheeseman, H.R. (2013). Business Law: Legal environment, online commerce, nosiness ethics, and international issues (8th ed.). Upper Saddle River, NJ: Prentice Hall. 2. Retrieved 8/26/13. Null, Christopher. http://www.pcworld.com/article/130207/article.html?page=2. The 50 Best Tech Products of All Time. 3. Retrieved 8/26/13. Lamont, Thomas Napster: the day the music was set free. http://www.fundinguniverse.com/company-histories/napster-inc-history/ 4. Retrieved 8/26/13. http://www.hometechanswers.com/mp3/history-of-napster.html