Therefore‚ e-commerce trickles in to international trade too. That is why Sri Lanka enacted Electronic Transactions Act No. 19 of 2006‚ which was turning point of Sri Lankan ICT2 industry. It is innovative piece of legislation. This report analyzes the Sri Lankan legal framework relating to e-commerce. First‚ it describes application of E-commerce in Sri Lanka during the past five years. Secondly‚ it mentions law reforms needed to encourage future international trade. What is e-commerce? E-commerce
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introducing an e-commerce system to the organisation are followed: • Organisation can carry out their business without concerning about time and distance. Customer just can log in to organisation’s website whenever they wish to and purchase in single mouse click. • Organisation eliminates processing errors; make it faster and convenient for the visitor. • Organisation can sell their services/products directly to customers while cutting the costs of traditional retailing method. E.g. E-tailer does
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features of e-commerce technology 1. Breaks geographical barrier: Unlike traditional retail business‚ ecommerce is not bounded by geographical barriers. Today an e commerce company can easily sell its products to consumers residing in any part of the country. 2. Saves precious time: Ecommerce helps in saving the most important thing in today’s modern world: ‘Time’. Consumers from the comfort of their home‚ office and even café can buy any product they wish to buy. Thanks to e commerce‚ consumers
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Chapter One: Overview of Electronic Commerce ONLINE FILE W1.1 Application Case DELL—USING E-COMMERCE FOR SUCCESS The Problem/Opportunity Founded in 1985 by Michael Dell‚ Dell Computer Corp. (now known as Dell) was the first company to offer personal computers (PCs) via mail order. Dell designed its own PC system (with an Intel 8088 processor running at 8 MHz) and allowed customers to configure their own customized systems using the build-to-order concept. This concept was‚ and is
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In economics and related disciplines‚ a transaction cost is a cost incurred in making an economic exchange. A number of different kinds of transaction costs exist. Search and information costs are costs such as those incurred in determining that the required good is available on the market‚ who has the lowest price‚ etc. Bargaining costs are the costs required to come to an acceptable agreement with the other party to the transaction‚ drawing up an appropriate contract‚ etc.. Policing and enforcement
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Bitcoin: Bitcoins Evolving E-Commerce & Security in the Cloud Environment Derek Shamberger Managerial Applications of Information Technology DeVry University‚ Keller Graduate School of Management June 14‚ 2014 Abstract: Bitcoin is digital currency‚ new to old regimes of banking but recognized by various organizations for its high liquid properties. The currency is not respected by any government and yet through peer-to-peer networking the currency holds integrity. It is not exchangeable
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12.1 Types of assessment used in lifelong learning There are three types of assessments used in lifelong learning. These are; * Initial * Formative * Summative At the beginning of a course the prior knowledge of a student must be uncovered; this is what the initial assessment is for. Establishing knowledge of ability through an initial assessment allows the tutor to tailor the teaching material appropriately‚ giving more time when lesson planning to cover weaker areas and spending
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E-Transaction System for Cristina Business Suite‚ Ormoc City College of Information & Communications Technology WESTERN LEYTE COLLEGE OF ORMOC CITY‚ INC. A. Bonifacio St. Ormoc City‚ Leyte Doyon‚ Jansen Niño P. Polinio‚ Delselaine B. March 2013 CHAPTER 1 INTRODUCTION Project Context A hotel is an establishment that provides paid lodging on a short-term basis. The provision of basic accommodation in the past consisted only of a room with a
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Herbert Spencer’s Influences and Contributions to Sociology Herbert Spencer has contributed to various fields of knowledge like philosophy‚ biology‚ psychology‚ anthropology and sociology. Herbert Spencer is popularly known for his treatment of evolution. The evolutionary doctrine was no doubt the foundation of Spencer ’s sociological theory. He‚ however‚ presented the organic analogy‚ a secondary doctrine which also played a vital role in his thought system. He identified society
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Centric e-Commerce Business Models in India Article by : Atul Jain Batch : IIFT (IB) PT 2016 Roll No. 12 Designation : Associate Vice President Company : Net Distribution Services Pvt. Ltd. Executive Summary E-Commerce in India is rising at a fast pace but in reality it is still far behind that of China in the present scenario. However‚ within the country‚ it is growing at a fast pace as compared to other industries in India. With more and more players entering the e-Commerce segment
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