Monday, 18 March 2013

definition of e-commerce


The definition of e-commerce includes business activities that are business-to-business (B2B), business-to-consumer (B2C), extended enterprise computing (also known as "newly emerging value chains"), d-commerce, and m-commerce. E-commerce is a major factor in the U.S. economy because it assists companies with many levels of current business transactions, as well as creating new online business opportunities that are global in nature.
Here are a few examples of e-commerce:
  • accepting credit cards for commercial online sales
  • generating online advertising revenue
  • trading stock in an online brokerage account
  • driving information through a company via its intranet
  • driving manufacturing and distribution through a value chain with partners on an extranet
  • selling to consumers on a pay-per-download basis, through a Web site

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