Beruflich Dokumente
Kultur Dokumente
Of
E-Commerce
On
“Features of E-
Commerce”
Ali Ahmed
E-Business:
Electronic Business, commonly referred to as "eBusiness" or "e-Business",
may be defined as the utilization of information and communication technologies
(ICT) in support of all the activities of business.
Features of E-Commerce:
Following are some peculiar features of e-commerce which makes it considerably
appreciable.
1. Ubiquity:
2. Global Reach:
At the same time, these technologies increase greatly the accuracy and
timeliness of information, making information more useful and important than
ever. As a result, information becomes plentiful, cheaper and of higher quality.
Information richness refers to the complexity and content of a message.
4. Interactivity:
Unlike any of the commercial technologies of the twentieth century, with the
possible exception of the telephone, e-commerce technologies are interactive,
meaning they allow for two-way communication between merchants and
consumer.
5. Information Density:
The Internet vastly increases information density. It is the total amount and quality
of information available to all market participants, consumers and merchants. E-
commerce technologies reduce information collection, storage, communication
and processing costs.
6. Personalization:
7. Social Technology: