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E-Commerce |
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E-Commerce
is associated with the buying and selling of informations,
products and services via computer networks. It
is a new way of conducting, managing and executing
business transactions using computer and telecommunication
networks. Information superhighway provides transport
technology and EDI provides the protocol for computer
exchange of business documents in standard from.
The
information processing activities in any business
can be: -
- Transaction
between company and consumers over the public
network-home shopping, home banking electronic
cash credit and debit tokens for payments etc.
- Transaction
between trading partners
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Transaction related to information processing-marketing
survey, decision making, solving organizational
problems etc.
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Transaction related to interaction with customers
such as advertising marketing, sales etc.
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The frame work
of e-commerce is:
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Common business services such as safe delivery
system, payment system through I-way, security
of Transaction, authentification etc.
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Sending messages and retrieving information.
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Multimedia content for publishing, creating
product details etc.
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The
information superhighway for providing the
highway system along which all e-commerce
must travel.
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