E-Commerece

E-Commerece

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Table of Contents

I. Introduction

II. History of E-Commerce

III. Economic Impact

IV. Advantages of E-Commerce

V. Disadvantages of E-Commerce

VI. The Future of E-Commerce

VII. Conclusion

Introduction

With the astounding growth of the Internet, many companies are finding new and moving ways to expand upon their business opportunities. There are very few triumphant companies that do not use computers in their everyday business actions, which also mean there are few companies that do not use e-commerce. Today there are thousands of companies participating in e-commerce and the trend shows no signs of slowing. But what exactly is e-commerce To a lot of students and people, e-commerce means online shopping, like buying Christmas presents from an online vendor. To describe e-commerce best would be to say, it is an exchange of business information between two or more organizations. Any purchase made via the Internet would be an example for this. E-commerce exceptional growth in the todays society and business is directly related to its efficient advantages it has over traditional means of commerce.
Electronic commerce or e-commerce has developed quickly in the last five years. “Most people think e-commerce is just about buying and selling things over the Internet.” (Wareham, 2000) E-commerce is a broad term describing the

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