intro to ecommerce
In the broadest sense, electronic commerce (e-commerce), is the buying and selling of products and services over the Internet. It has included the handling of purchase transactions and funds transfers over computer networks. According to the Forrester Research Study "Sizing Intercompany Commerce," total U.S business-to-business Internet trade in 1998 is $7.7 billion, compared to a total global e-commerce of $21.8 billion, dramatically increasing from $2.5 billion in 1997. By the year 2002, according to the report, there will be $328 billion worth of e-commerce.Electronic commerce is the ability to perform transactions involving the exchange or use of goods or services between two or more parties using electronic tools and techniques Some main technologies have made e-commerce viable - WWW, Electronic Data Interchange (EDI), Electronic Funds Transfer (EFT) and E-mail. EDI is the inter-organisational, computer-to-computer exchange of business documentation in a standard, machine-processable format. EFT was designed to optimise electronic payments with electronically provided remittance information. Electronic commerce provides the capability of buying and s
This could be some form of contract or obligation, such as authenticated payment instructions, or the actual transfer of value, such as digital cash. The Irish Independant Shared business processes: - Tesco. ProductionElectronic commerce does not completely address collaborative design and manufacturing activities, although they do share many of the same sorts of activities. Customer ServiceCustomer service activities may include: -Providing the buyer with timely information as to the progress of the transaction. Department of Defence project to create a nation-wide computer network that would continue to function even if a large portion of it were destroyed in a nuclear war or natural disaster. The trading of electronic material (software, video, music, images, multimedia works, games, etc. The business administration category covers all transactions between companies and government organisations. Electronic Commerce includes electronic trading of physical goods and services and of electronic material. The B2C category largely equates to electronic retailing. Information and Knowledge ProcessingA final key activity in electronic commerce is the collection, management, analysis, and interpretation of the various data to make more intelligent and effective transaction-related decisions. Business support: -CitiusNet. Contact between companies and consumers can be supported by various means, including on-line advertising and shopping malls. For example, improvements in competitiveness and quality of service may in part be derived from mass customisation, while shortening of supply chains may contribute to cost savings and price reductions.
Common topics in this essay:
Electronic Commerce,
Wide Web,
Tesco Levels,
Department Defence,
According IDC,
E-mail EDI,
Negotiating Buyers,
Networks Internet,
Distribution Receipt,
Payment Settlement,
electronic commerce,
products services,
product service,
levels electronic commerce,
business processes,
computer networks,
electronic trading,
levels electronic,
customer benefit,
form electronic,
price reductions,
shared business processes,
substantial cost savings,
electronic trading physical,
substantial price reductions,
|
Acceptance Essays
