E-Commerce

Table of Contents

I. E-Commerce: An Introduction

II. History of E-Commerce

III. Economic Impact

IV. Advantages of E-Commerce

V. Disadvantages of E-Commerce

VI. The Future of E-Commerce

E-Commerce ¡V An Introduction

With the astonishing growth of the earnings, many companies are finding new and exciting slipway to expand upon their business opportunities. There are actually some successful companies that do not use computers in their universal business activities, which also mode there are some companies that do not use e-commerce. To emphasise the point that the result of the Internet is so widespread in today¡¦s business communities, one online article stated that more than hundred thousand companies have Internet addresses, and 20000 companies have home pages on the Internet as of February 1999. (DataQuest, 1999). These numbers have more than tripled since 1995, and the trend shows no signs of slowing. But what exactly is e-commerce? To most casual Internet surfers, e-commerce means online shopping ¡V ¡§workaholics pointing their web browser to Amazon.com to order an need present because they forgot someone¡¦s birthday again.¡¨ (Weiss, 1999) As we lead soon find out, this is far from the case.

Simply put, e-commerce is the exchange of business knowledge between two or more organizations. An example of this would be buying and selling products or services over the Internet.



E-commerce became very popular soon after it proved to be an cost-effective means to conduct long distance transactions. The purpose of this subject field is to discuss some of the advantages and disadvantages of e-commerce, as well as examining its electromotive force for the future of business.

Electronic commerce, or e-commerce has developed very rapidly in the last few years and has left some concourse wondering what it is all about. Most people think e-commerce is ripe about buying and selling things over the Internet. (Wareham,

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