E-commerce is the buying and selling of goods and services‚ or the transmitting of funds or data‚ over an electronic network‚ primarily the Internet (Rouse). These business transactions occur in business-to-business‚ business-to-consumer‚ consumer-to-consumer or consumer-to-business (Kinjal‚ 2014). The terms e-commerce and e-business are often used interchangeably. E-commerce is conducted using a variety of applications‚ such as email‚ fax‚ online catalogs and shopping carts and web services (Rouse)
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WHAT IS ELECTRONIC COMMERCE? The advance and growth in IT & internet have enabled revolutionary vast changes in the way businesses and people trade. Trading in its simplest definition is all about communication. The spread of computers worldwide and the usage of information technology have played a major role in facilitating and enhancing the communication between traders therefore gave the ignition for E-commerce to come to light. Electronic commerce (e-commerce) has many definitions found
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E-Commerce Electronic commerce‚ commonly known as e-commerce or eCommerce‚ is a type of industry where the buying and selling of products or services is conducted over electronic systems such as the Internet and other computer networks. Electronic commerce draws on technologies such as mobile commerce‚ electronic funds transfer‚ supply chain management‚ Internet marketing‚ online transaction processing‚ electronic data interchange (EDI)‚inventory management systems‚ and automated data collection systems
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literature exists about e-commerce risks. Anecdotal evidence indicates that the main risks associated with e-commerce concern hackers‚ viruses‚ and interception of credit card numbers travelling over telecommunication lines. Technological advances can mitigate many perceived risks and recent surveys indicate greater concern over more mundane issues such as running out of stock and high shipping costs. We have categorized risks in three primary areas: information risks‚ technology risks‚ and business
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1.0 BIBLIOGRAPHIC INFORMATION The title of the article is Impact of E-commerce on Travel and Tourism: An Historical Analysis written by the author‚ Farrokh G. Mamaghani‚ D.Sc. The journal for this article is International Journal of Management and was published at the year 2009‚ December. The author of this article‚ Farrokh G. Mamaghani‚ D.Sc is a Bachelor of Science (B.S.) in Physics from University of Tabriz‚ Iran and Master of Science (M.S.) in Systems Analysis and Management from George Washington
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E-COMMERCE LESSON 2: BENEFITS AND LIMITATIONS OF E-COMMERCE Topic: • Introduction Everything has its pros and cons‚ same is with E Commerce‚ lets have a look. • Categories of E commerce Benefits and Limitations • Benefits and limitations of E Commerce The Benefits of EC Few innovations in human history encompass as many potential benefits as EC does. The global nature of the technology‚ low cost‚ opportunity to reach hundreds of millions of people (projected within 10
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Electronic commerce‚ commonly known as e-commerce‚ is a type of industry where buying and selling of product or service is conducted over electronic systems such as the Internet and other computer networks. Electronic commerce draws on technologies such as mobile commerce‚ electronic funds transfer‚ supply chain management‚ Internet marketing‚ online transaction processing‚ electronic data interchange (EDI)‚ inventory management systems‚ and automated data collection systems. Modern electronic commerce
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The Economic and Social Impact of E-commerce By Daniel Karam 1. INTRODUCTION 2. BODY – a. Understanding E-commerce: a.i. Definition a.ii. Types b. E-Commerce’s Impact on economy: b.i. GDP Growth b.ii. E-Commerce in developing countries c. E-Commerce’s Impact on society: 3. CONCLUSION Abstract Electronic commerce has had large economic effects in
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E-Commerce Tutorial E-COMMERCE TUTORIAL Simply Easy Learning by tutorialspoint.com tutorialspoint.com i ABOUT THE TUTORIAL E-Commerce Tutorial E-Commerce or Electronics Commerce is a methodology of modern business which addresses the need of business organizations. This reference will take you through simple and practical approach while learning e-commerce principles. Audience This reference has been prepared for the beginners to help them understand the basic to advanced
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Chapter 1 Introduction 1.1 E-Commerce or E-Business: Electronic commerce which is commonly known as E-commerce or E-business is a modern concept of doing business. In layman’s language‚ it is the buying and selling of products and services over electronic systems which mainly comprises of internet. In this form of business the payment for goods and services is also done electronically i.e. by using credit cards. This concept has reached its maturity in developed countries like the United States
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