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E-Commerce
Electronic
commerce, commonly known as e-commerce or
eCommerce, consists of the buying and selling of
products or services over electronic systems
such as the Internet and other computer
networks. The amount of trade conducted
electronically has grown dramatically since the
spread of the Internet. A wide variety of
commerce is conducted in this way, spurring and
drawing on innovations in electronic funds
transfer, supply chain management, Internet
marketing, online transaction processing,
electronic data interchange (EDI), automated
inventory management systems, and automated data
collection systems.....
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Modern electronic
commerce typically uses the World Wide Web at
least at some point in the transaction's
lifecycle, although it can encompass a wider
range of technologies such as e-mail as well. A
small percentage of electronic commerce is
conducted entirely electronically for "virtual"
items such as access to premium content on a
website, but most electronic commerce involves
the transportation of physical items in some
way. Online retailers are sometimes known as e-tailers
and online retail is known as e-tail.
E-commerce or electronic commerce is generally
considered to be the sales aspect of
e-business.....
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