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E-commerce is an emerging concept

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E-COMMERCE AND GLOBALIZATION YESTERDAY, TODAY, AND TOMORROW
Abstract
With the advent of E-commerce, many in the world are able to compete in global markets
regardless of language, and cultural barriers, physical distance and national boundaries since
products, services, and transaction processes can be re-engineered to adjust to changing business
environments. E-commerce has evolved through the basic E-mail and electronic data interchange
of the past few years to the sophisticated Web based interactive systems today. What will happen
in the future is left to our creative imagination and the potentials are very high. In spite of
protectionist trade policies in the political circles both in USA and abroad, globalization is bound
to succeed in the world due to the enormous economic benefits that can be accrued by it. Internet
and E-commerce which have been responsible for continuing gradual removal of barriers of
language, culture and national boundaries will help globalization and accelerate international
trade. International organizations like the World Trade Organization (WTO) are already
spearheading the policy and regulatory issues in the international scene particularly in the E-
commerce environment to reach globalization vision. This paper discusses where have we been?
where are we?, and where we may be in the future with reference to E-commerce and
globalization.
Author : B.Baskar
Class : Final MBA
College: RKKR School of Management Studies, Salem.
Topic : E-COMMERCE AND GLOBALIZATION YESTERDAY, TODAY, AND TOMORROW
Mail : baskarmba22@gmail.com
Mobile: 8973938747

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E-COMMERCE AND GLOBALIZATION YESTERDAY, TODAY, AND TOMORROW Abstract With the advent of E-commerce, many in the world are able to compete in global markets regardless of language, and cultural barriers, physical distance and national boundaries since products, services, and transaction proces ...
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