E-Commerce or how I stopped worrying and learned to love the e-store
Tuesday, February 5, 2013
Learning to accept e-commerce as the next evolution in business is always a challenge.
In the 21st century, the rapid development of information technology and the rapid increase in information exchange have brought new drives and innovative ideas to the whole society. The wide adoption of information technology by the community has led to great changes. These changes are not simply in the context of data processing or computing. They are changes which affect how we communicate with each other, how we organise our daily activities, how we educate the younger generation, and how we run business. The development and wide adoption of information technology, computer network and Internet have transformed the mode of operation of many businesses, and at the same time have brought along unprecedented business opportunities. Businesses are now able to conduct transactions across geographical boundaries, across time zones and at a high efficiency. E-Commerce has become the market trend of the Century.
Communications are locked in a struggle to build and control a vast web of electronic networks. These so-called information highways will be of glass fiber and will deliver an abundance of services to offices and houses – video images, phone calls, helpful data in many guises. They promise to change the way people work and play. While there is no one correct definition of e-business, it is generally described as a method of buying and selling product and services electronically. The main methods of e-business (also referred as e-commerce) remain the Internet and the World Wide Web. E-business also encompasses all ranges of transactions: business-to-business, business-to-consumer, and consumer-to-business. In other words E-commerce is nothing more than the exchange of business information between two or more organizations.
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