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Showing posts from September 26, 2010
E-COMMERCE NOTES
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Q#1: What is E-Commerce? Discuss its different types. General Definition: The seamless application of information and communication from its point of origin to its endpoint along the entire value chain of business processes conducted electronically and designed to enable the accomplishment of business goals. These processes only may be partial or complete and may encompass business to business as well as business to customer and customer to business transactions. According to European Union Electronic commerce in general concept covering any type of business transactions or information exchange executed using information and communication technology between companies and their customer or between companies and public administration. Electronic commerce includes electronic trading of goods, services and electronic material. Important points of e-commerce It covers all types of business transactions E-commerce gets many types of information, w...