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    Thursday, October 18, 2012

    E-Commerce And Its Components


    What is e-Commerce:

     E-Commerce refers to the process of buying or selling products or service over an electronic network. E-Commerce is conducted via the internet in which the most popular medium.
     It combines a range of process such as:
     • Electronic Data Interchange (EDI)
     • Electronic mail (E-mail)
     • World Wide Web (WWW)
    • Internet Applications
     • Network Applications.
     Basically e-Commerce involves the sale or purchase of goods or services over computer mediated networks. These goods or services may be ordered though these networks, but payment for them and the ultimate delivery of the goods and services may be conducted on or off line. Some analyst define e-commerce as simple buying and selling over electronic networks; and use e-business (buzzword) to refer to these wider range of supporting business activities that can be conducted over such networks.
     There are three basic components to every e-commerce solution:
     • Communications
     • Standards
     • Software
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