Electronic Commerce And E Commerce - 2337 Words

Electronic Commerce Electronic Commerce Defined Salvatore (2013) defines electronic commerce or e-commerce stating, â€Å"E-commerce refers to the production, advertising, sale, and distribution of products and services from business to business and from business to consumer through the internet† (p. 150). These activities can take place in many environments between businesses and consumers. E-commerce has changed the way goods and services are exchanged and have given light to businesses and consumers to exist on a global scale without an established brand. With e-commerce defined, let us look at its origin. E-Commerce Origin E-commerce has origins that trace back to the mid 1900s. In these times very few organizations had access to the very expensive electronic data interchange (History of E-Commerce, n.d.). E-commerce is now being used in all types of business, including manufacturing companies, retail stores, and service firms. E-commerce has made business processes more reliable and efficient. Consequently, e-commerce is now essential for businesses to be able to compete in the global marketplace. â€Å"E-commerce is now being used in all types of business, including manufacturing companies, retail stores, and service firms. E-commerce has made business processes more reliable and efficient† (Smith, K.T., 2011, p.3). Consequently, e-commerce is now critical in order for businesses to compete in the global marketplace. Knowledge that was distributed over this network paved theShow MoreRelatedElectronic Commerce ( E Commerce )1286 Words   |  6 Pagesopportunities (E-business, eEurope, n.d). Mo re and more companies have discovered the advantage of using the Internet as a communication tool to reach consumers at any place and at any time. This also enables consumers to search and gather information about products and services online. The word e-commerce refers to all transactions online. Electronic commerce (e-commerce) is the area in which we are to do our research and throughout this dissertation we will discuss consumer trust in e-commerce. The termRead MoreElectronic Commerce And E Commerce1452 Words   |  6 PagesE-commerce Definition Electronic commerce or e-commerce is a term for any type of business, or commercial transaction, which involves the transfer of information across the Internet. It is often associated exclusively with online consumer shopping, but the term extends beyond that category. Additional businesses covered under the umbrella of e-commerce includes online auction sites, such as EBay, and businesses that exchange both goods and services.[3] History The history of e-commerce is oftenRead MoreE Commerce Vs. Electronic Commerce1527 Words   |  7 PagesThere are plenty of ways to define the definition of E-commerce. For example, according to the Oxford Dictionary, E-commerce or electronic commerce is the commercial transaction that conducted electronically on the Internet. Some people define E-commerce as the processes of buying, selling, or exchanging products, services, and information by using the computer network technology such as the Internet. E-commerce does not only provide the function of buying and selling goods and services online viaRead MoreE Commerce ( Electronic Commerce Or Ec )1456 Words   |  6 PagesE-commerce (Electronic Commerce or EC) is the purchasing and offering of merchandise and administrations, or the transmitting of trusts or information, over an electronic system, principally the Internet. These business exchanges happen either business-to-business, business-to-customer, buyer to-purchaser or shoppe r to-business. The terms e-trade and e-business are frequently utilized reciprocally. The term e-tail is additionally in some cases utilized as a part of reference to value-based proceduresRead MoreElectronic Commerce Electronic commerce (e-Commerce) describes the process of buying, selling,1200 Words   |  5 PagesElectronic Commerce Electronic commerce (e-Commerce) describes the process of buying, selling, transferring, or exchanging products, services, and/or information through computer networks, principally the Internet (Turban et al., 2004). It is also refers to the process by which commerce is carried out using electronic means to conduct transaction between businesses, customers, individuals etc. Taking place online a person goes to the website of a company or person offering goods and services.Read MoreEssay Electronic Commerce (E-Commerce) and the Global Economy1178 Words   |  5 PagesElectronic Commerce (E-Commerce) and the Global Economy Introduction The world we live in today, revolves around technology, new innovations and constant change. The global economy incorporates these changes into its daily applications forming a technological driven world where businesses thrive on information and competitive markets. Computers and communication networks have planted a seed in this information age where enterprises flourish forming revolutionized market economies. OneRead MoreE Commerce And The Electronic Shopping Industry1108 Words   |  5 Pagesthe electronic shopping and mail-order houses industry as transactions between this business and consumers would require the use of information technology such as a computer network or through a phone network. The goods purchased would need to be delivered by mail or courier that were retailed through catalogue showrooms on the internet. Our business will specifically be providing groceries through the internet on a website. Attractive characteristics of the electronic shopping industry: E-CommerceRead MoreImplementation Of Electronic Commerce ( E Commerce ) On Small Medium Enterprise ( Sme )1292 Words   |  6 PagesImplementation of electronic commerce (e-commerce) on Small Medium Enterprise (SME) In this globalization era, new businesses are emerging and developing very rapidly where competition between businesses is becoming more aggressive. Raymond, Bergeron and Blili (2005) mentioned that todays’ market is more effective and efficient since the use of technology that has eliminated distance and time. This situation may impact on small business or known as Small and Medium Enterprise (SME) to competeRead MoreApplication Of Electronic Commerce ( E Commerce ) On Small Medium Enterprise ( Sme )1455 Words   |  6 PagesImplementation of electronic commerce (e-commerce) on Small Medium Enterprise (SME) In this globalization era, new businesses are emerging and developing very rapidly where competition between businesses are becoming more aggressive. This situation may impact on small business or familiar with small and medium enterprise (SME). In order to survive and stay competitive, SMEs implements a vary of approaches or strategies, such as by adopting internet-based or web based (e-commerce) in their businessRead MoreElectronic Business And Commerce : The Areas Of E Business Systems2054 Words   |  9 PagesElectronic Business and Commerce The areas of E-business systems we operate our company with are Customer Resource Management (CRM), Enterprise Resource Planning (ERP), Supply Chain Management (SCM), and Enterprise Collaboration Systems (ECS). Our cross-functional ERP systems serve as our strategic way to share information resources effectively and efficiently among business processes to enhance our CRM, SCM, and ECS. The cross functional technology allows our managers to communicate, coordinate