History In the s, the term electronic commerce, referred to electronic data exchange for sending business documents such as purchase orders and voices electronically. Later, with the development of this industry, the term of electronic commerce is used to the business of goods and services via the web. The first electronic commerce created in the USA and some European countries in These types of business are formed with beginner and unprofessional websites and it has been expanded rapidly. Electronic commerce was spread rapidly in most cities in America, Europe, and East Asia in
Essays on E Commerce
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Advantages & Disadvantages of Electronic Commerce
Please join StudyMode to read the full document. Electronic commerce draws on technologies such as mobile commerce , electronic funds transfer, supply chain management, Internet marketing, online transaction processing, electronic data interchange EDI ,inventory management systems, and automated data collection systems. Modern electronic commerce typically uses the World Wide Web at least at one point in the transaction's life-cycle, although it may encompass a wider range of technologies such as e -mail, mobile devices, social media, and telephones as well.
E-Commerce E-commerce is rapidly becoming an excellent way to do business. It incorporates elements which are similar to those of regular commerce. The hype surrounding this new way of doing business is constantly increasing for many reasons.