DEFINE ELECTRONIC COMMERCE

May 29th, 2015
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Academy of Art University
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B2B - business to business On the Internet, B2B (business to business) is the exchange of products or services between businesses rather than between businesses and consumers. Although early interest centered on the growth of retailing on the Internet, forecasts are that B2B revenue will far exceed B2C revenue in the near future. According to studies published in early 2000, the money volume of B2B exceeds that of B2C by 10 to 1. Over the next five years, B2B is expected to have a compound annual growth of 41%.

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Architectural Framework for Electronic Commerce1) Application services2) Brokerage and Data services, Data or transaction management3) Interface and Support Layers4) Secure Messaging, Security, and Electronic Document Interchange5) Middleware and Structured document interchange6) Network infrastructure and basic communications services Network infrastructure and basic communications services E-commerce framework is being built on the WWW architecture. Wireline - coaxial, fiber opticWirelessMiddleware and Structured document interchangeneeded to solve all the interface, translation, transformation, and interpretation problemsthe ultimate mediator between diverse software programs that enables them talk to one anotherAs computing is shifting from application centric to data centric, middleware services should focus on:transparencytransaction security and management - aut

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