Importance of e_commerce

May 29th, 2015
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Abilene Christian University
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E-commerce is an emerging concept that describes the process of buying and selling or exchanging of products, services, and information via computer networks including the internet. Definition of E-Commerce from Different Perspective 1. Communications Perspective • EC is the delivery of information,products/services, or payments over thetelephone lines, computer networks orany other electronic means.

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INTRODUCTIONInternet has become an important medium for doing global business based on the state of the art technology. Electronic commerce has two major aspects: economical and technological. The stress of this course will show you how to get started in the complex and exciting world of Electronic Commerce. New standards and new facilities are constantly emerging and their proper understanding is essential for the success of an operation, and especially for those who are assigned a duty to select, establish, and maintain the necessary infrastructure.What is e-Commerce?E-commerce is an emerging concept that describes the process of buying and selling or exchanging of products, services, and information via computer networks including the internet.Definition of E-Commerce from Different Perspective1. Communications PerspectiveEC is the delivery of information,products/services, or payments over thetelephone lines, computer networks orany other electronic means.2. Business Process PerspectiveEC is the application of technology towardthe automation of business transactionsand work flow.3. Service PerspectiveEC is a tool that addresses the desire offirms, consumers, and management tocut service costs while improving the quality of goods and increasing thespeed of service delivery.4. Online PerspectiveEC provides the capability of buyingand selling products and information onthe internet and other online services.Electronic commerce, commonly known as e-commerce o

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