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addresses the needs of the organization, merchants and consumers to cut costs
while improving the quality of goods and services and speed of service delivery.
E-commerce as anything that involves an online transaction. E-commerce
provides multiple benefits to the consumers in form of availability of goods at
lower cost, wider choice and saves time. The general category of e-commerce can
be broken down into two parts: E-merchandise: E-finance. E commerce involves
conducting business using modern communication instruments: telephone, fax,
e-payment, money transfer systems, e-data interchange and the Internet. Online
businesses like financial services, travel, entertainment, and groceries are all likely
to grow. Forces influencing the distribution of global e-commerce and its forms
include economic factors, political factors, cultural factors and supranational
institutions.
This study being desk analysis" contains views of various writers and
researchers of E-commerce. This study includes the global trends including India
as a major source of E-commerce , increasing use of e- commerce in developing
nations , reasons behind success of e-commerce as an industry , the use of e-
commerce in global sourcing , advantages of E-commerce and several more topics
being covered under the project analysis. The use of e-commerce in various
countries and their influence over the people or citizens of that country is
remarkable.
E-commerce (electronic commerce or EC) is the buying and selling of
goods and services on the Internet, especially the World Wide Web. In practice,
this term and a newer term, e-business, are often used interchangably. For online
retail selling, the term e-tailing is sometimes used. Electronic commerce is
generally considered to be the sales aspect of e-business. It also consists of the
exchange of data to facilitate the financing and payment aspects of business
transactions.
E-commerce can be divided into
E-tailing or "virtual storefronts" on Web sites with online catalogs,
sometimes gathered into a "virtual mall"
The gathering and use of demographic data through Web contacts
Electronic Data Interchange (EDI), the business-to-business exchange of
data
E-mail and fax and their use as media for reaching prospects and
established customers (for example, with newsletters)
Business-to-business buying and selling
The security of business transactions