1: Overview of Electronic Commerce Learning objectives Define the term E-commerce Identify different categories of E-commerce Explain the characteristics of e-commerce Describe the role of intelligent agent and software agent in e-commerce environment State the benefit of e-commerce to customers‚ society and business organisation Explain the technical and non-technical limitation of e-commerce 1.0 Definition of Ecommerce Definition of Commerce1: Commerce is the whole system of an
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(I) What is E-commerce about? Electronic commerce is defined as the buying and selling of products or services over electronic systems such as the Internet and to a lesser extent‚ other computer networks. It is generally regarded as the sales and commercial function of e-Business. There has been a massive increase in the level of trade conducted electronically since the widespread penetration of the Internet. A wide variety of commerce is conducted via e-commerce‚ including electronic funds transfer
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CASE STUDY: Mid-South Chamber of Commerce Abstract: The Mid-south Chamber of Commerce started sometime in early 1900’s and began inception of Information systems in 1989 as they knew leveraging this could give added advantage to their business. From this period till 2010‚ MSCC went through significant changes in their Information systems and Management too. MSCC management tried lots of information systems (hardware and software both) and finally in a long tenure of 20 years ended up with the situation
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E-commerce is a progressively prevalent trend amongst retailers in Canada. Canadian consumers spent $16 billion dollars online in 2010‚ and researchers are forecasting the online spending to double to $30 billion by 2015 . Shoppers are becoming increasingly comfortable with acquiring high-consideration goods online (e.g. clothing and electronics). Additionally‚ US retailers that offer greater selection‚ such as Target and Nordstrom‚ are beginning to introduce their offerings to the Canadian market
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ELECTRONIC COMMERCE SOFTWARE Week 4 Assignment 1-) What is the difference between a static catalog and a dynamic catalog? STATIC CATALOG - Used generally by small commerce sites. - A simple list written in html. - to change the company must edit the html as such. - if the content is requested the user sees the information as portrayed and can not be changed DYNAMIC CATALOG - Software included in larger electronic commerce software packages
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An e-commerce payment system facilitates the acceptance of electronic payment for online transactions. Also known as financial electronic data interchange (FEDI)‚ e-commerce payment systems have become increasingly popular due to the widespread use of the internet based shopping and banking. A payment gateway is an e-commerce application service provider service that authorizes payments for e-businesses‚ online retailers‚ bricks and clicks‚ or traditional brick and mortar. It is the equivalent
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information systems under the control of the firm. E-business does not include commercial transactions involving an exchange of value across organizational boundaries. E-business (electronic business)‚ derived from such terms as "e-mail" and "e-commerce‚" is the conduct of business on the Internet‚ not only buying and selling but also servicing customers and collaborating with business partners. One of the first to use the term was IBM‚ when‚ in October‚ 1997‚ it launched a thematic campaign built
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Marketing University of Phoenix Marketing Marketing is the strategic planning a company or entrepreneur does before launching a product to the public. Many consumers when hearing the word marketing confuse it with advertising which is a part of marketing a product but only a small part of the process and usually the results of research and product development. Marketing is the development of a concept not the advertising of that concept. The strategic plan behind a good marketing program
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4/23/2012 A Teasing Irony | Carrie Hoffman | Carrie Hoffman | The Ecology of Commerce | Carrie Hoffman | The Ecology of Commerce | A Teasing Irony‚ is chapter one of the Ecology of Commerce. This chapter talks about how the business world and regular world must work together. The author Mr. Paul Hawken writes about how we are not a utopian society. There is a negative reaction for every positive reaction. Currently we are not being resourceful‚ wasting products just to say that we could
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ICT in Business and Commerce Changing Shape of Organisations • More people are working for themselves or for small businesses • Large organisations are becoming “flatter” i.e. less hierarchical. People are working in groups rather than individually. • Knowledge workers need less supervision than factory workers because they know what to do and when. They need information rather than supervision. Using ICT to Set up a Small Business Any business needs a phone and an answering machine. For
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