ASSIGNMENT # 1 E-COMMERCE MANAGERIAL ECONOMICS

May 29th, 2015
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Academy of Art University
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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.

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E-COMMERCE AND GLOBALIZATION YESTERDAY, TODAY, AND TOMORROWAbstract 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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