Types of Electronic Commerce 1. Business-to-Consumer E-Commerce The exchange of products, information or services between business and consumers in a retailing relationship. In B2C e-commerce, businesses sell directly a diverse group of products and services to customers .Some of the first examples of B-to-C e-commerce were amazon.com and dell.com in the USA and lastminute.com […]
Origin of Electronic Commerce/History of E-commerce & Evolution of E-Commerce
Origin of Electronic Commerce/History of E-commerce And Origin Of E-Commerce Development of EC applications started in the early 1970s with electronic funds transfer (EFT), which refers to the computer-based systems used to perform financial transactions electronically. However, the use of these applications was limited to financial institutes, large corporations, and some daring businesses. Electronic […]
Factors affecting E-Commerce /Key Drivers of E-commerce/ forces fueling e-commerce
Factors affecting E-Commerce /Key Drivers of E-commerce/ forces fueling E-Commerce There are many external environmental factors that can affect e- business. It is common for managers to assess each of these factors closely. The aim is always to take better decisions for the firm’s progress. Some common factors are political, economic, social and technological (known as PEST […]
Electronic Commerce-Introduction
Electronic Commerce Meaning Electronic Commerce(e-Commerce) is a general concept covering any form of business transaction or information exchange using information and communication technologies(ICTs). E –Commerce takes place between companies,between companies and their customers or between companies and public administrations.Electronic Commerce includes electronic trading of goods,services and electronic material. The e-commerce include: Electronic trading of […]
