Академический Документы
Профессиональный Документы
Культура Документы
commerce. E-commerce refers to use of computer networks for buying and selling goods,
information and services. It integrates E-Mail, Electronic Fund Transfer (EFT), Electronic Data
Interchange (EDI) and similar techniques into a comprehensive electronic system of trading.
E-commerce combines IT, Telecommunication technology and business process to make it
feasible to do business in ways that could not be even thought of earlier. It opens up new
avenues of trading and improves efficiency and effectiveness of conventional business
processes, markets and services. Therefore E-commerce is becoming an important means
of dealing in goods and services. The advantages of E-commerce make the phenomenal
growth in E-commerce inevitable.
However, e-commerce technology provides only a platform for trading. It is for the business
how it uses the platform for creating value of customers. The success in E-commerce
applications is not the result of a linear process in which innovations are easily transferred
from a technology supplier to a receiver in the form of hardware or software solutions.
Rather, it requires through understanding of complex network technology and the
knowledge to skillfully analyze and manage this tool.