E-Commerce
Submitted by csjones1111 on March 1, 2010
- Category: Technology
- Words: 791
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E-Commerce
What is E-Commerce?
E-commerce is used in everyday life everywhere. It is a business transaction that brings the universal access of the Internet to the core business processes of buying and selling goods and services. It helps generate demand for products and services and improves order management, payment, and other support functions. The overall goal is to cut expenses by reducing transaction cost and streamlining all kinds of processes. (I Tech Vision (PVT) Ltd., 2009) The Internet helps businesses find new markets while increasing the speed of access and the speed of transactions.
There are some risks associated with e-commerce. Security continues to be a...
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