E-commerce, shopping on the internet.
Date Submitted: 06/27/2001 18:54:13
E-COMMERCE
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The general meaning of E-commerce is online trading. It is the way one does his business. More specifically it is a "general concept covering any form of business transaction or information exchange between organizations of various types, public administration and customers, using information and communications technology which promises to dramatically alter the structure and processes of commerce."1 To provide business online means that company can expands its market boundary and thus rise efficiency,
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use tools allow suppliers to accept and interface with transactions and quickly update catalog content and prices to provide their clients with timely and accurate information."2 Secondly they offer BuyerPortal Site and many others.
Term E-commerce is part of our lives, though to say honestly not everybody realize it. Maybe a lot of people use it every day and still they do not understand and know what they use, just like me some time ago.
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