ELECTRONIC
COMMERCE
INTRODUCTION TO E-
COMMERCE
,INTRODUCTION TO E-COMMERCE
With the emergence of internet and the World Wide Web new methods of
carrying out business transactions using the World Wide Web began to be
explored.
Electronic Commerce emerged as a very important application of the
World Wide Web. Today it is difficult to find an isolated computer.
Computers in an organization are interconnected to form intranets and
Intranets of the cooperating organizations are interconnected to form
extranet.
It is cheaper and faster to carry out business transactions within an
organization and among organizations electronically using the network
connection.
Thus it is important to understand how business transactions are carried
out electronically reliably and securely.
,DEFINITION OF TERMS
Electronic Commerce - Electronic commerce, commonly known as e-
commerce, eCommerce or e-comm, consists of the buying and selling of
products or services over electronic systems such as the Internet and other
computer networks.
E-Business - Electronic business, commonly referred to as "eBusiness" or "e-
business", or an internet business, may be defined as the application of
information and communication technologies (ICT) in support of all the
activities of business.
Commerce constitutes the exchange of products and services between
businesses, groups and individuals and can be seen as one of the essential
activities of any business.
Electronic commerce focuses on the use of ICT to enable the external
activities and relationships of the business with individuals, groups and other
businesses.
,
COMMERCE
INTRODUCTION TO E-
COMMERCE
,INTRODUCTION TO E-COMMERCE
With the emergence of internet and the World Wide Web new methods of
carrying out business transactions using the World Wide Web began to be
explored.
Electronic Commerce emerged as a very important application of the
World Wide Web. Today it is difficult to find an isolated computer.
Computers in an organization are interconnected to form intranets and
Intranets of the cooperating organizations are interconnected to form
extranet.
It is cheaper and faster to carry out business transactions within an
organization and among organizations electronically using the network
connection.
Thus it is important to understand how business transactions are carried
out electronically reliably and securely.
,DEFINITION OF TERMS
Electronic Commerce - Electronic commerce, commonly known as e-
commerce, eCommerce or e-comm, consists of the buying and selling of
products or services over electronic systems such as the Internet and other
computer networks.
E-Business - Electronic business, commonly referred to as "eBusiness" or "e-
business", or an internet business, may be defined as the application of
information and communication technologies (ICT) in support of all the
activities of business.
Commerce constitutes the exchange of products and services between
businesses, groups and individuals and can be seen as one of the essential
activities of any business.
Electronic commerce focuses on the use of ICT to enable the external
activities and relationships of the business with individuals, groups and other
businesses.
,
