Introduction to E-Commerce Chapter 1 the Revolution is Just Beginning
E-Commerce Use of Internet and web to transact business securely and privately. Commerce Ø Commerce is the exchange of items of value between persons or companies Ø Any exchange of money for a product, service or information is considered a transaction of commerce Ø Commerce is the branch of business. It is concerned with the exchange of goods & services. It includes all those activities, which directly or indirectly facilitate that exchange. E-Business Digital enablement of transaction and processes system within a firm, involving information system under firm’s control. Functions of Business Research & Development, HRM, Sales & Distribution and Marketing. Difference Between E-Commerce and E-Business ...