Category: Information Technology
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Fundamental Considerations of Electronic Commerce
Electronic commerce (EC) is a relatively recent phenomenon in the history of business with the term first appearing in business vocabulary in the 1970s. EC became possible by the proliferation of inexpensive information technology (IT) devices and reliable telecommunication systems but despite the new technology, businesses had to change their idea of the retail […]
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The Electronic Commerce Life Cycle
Electronic Commerce is the use of the Internet or non-traditional forms of electronic marketing between a company and its customers, suppliers, or other business partners. Electronic Commerce is also known as e-commerce or e-business but for the purpose of this discussion it will be referred to as e-commerce or EC. Through e-commerce we can […]