nature of e commerce

May 29th, 2015
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Over the last decade the world has seen a great rise in e-commerce, which can be defined as the sharing of business information, maintaining of business relationships, and conducting of business transactions by means of telecommunications networks . Several distinct categories of e-commerce have emerged. Although business-to-consumer e-commerce has received the most attention in the press, it is much less prevalent than business-to-business e-commerce. An increasing number of associated transactions and processes that support both selling and purchasing activities on the Internet can be also included in the definition of e-commerce. Indeed, in spite of the dismal plight of the dot-coms of the late 90s, everything from real estate sales to education has moved online. Yet not all industries have experienced the same level of success in transitioning from the traditional retail approache

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