Friday, March 13, 2020

E commerce essays

E commerce essays Remember the time when there was no Internet? Where advances in telecommunications and computing largely occurred side-by-side in the past, today, they converge in the Internet. Timesharing, the concept of linking a large numbers of users to a single computer via remote terminals, was developed at MIT in the late 50s and early 60s. In 1973, Bob Kahn and Vint Cerf developed the basic ideas of the Internet. Now days almost everybody is connected to Internet. WORLD INTERNET CONNECTIVITY (As of 6/15/95) (pbs.org/nerds/timeline/network.html) There is another thing that Internet brought us at affordable price: it is electronic commerce (e-commerce). There is no specific definition for what is e-commerce everybody interprets it differently. Some view it as selling products and services on the net others more educated people see it as any networked enabled business practice such as Electronic Data Interchange (EDI), the World Wide Web, or email. Before the Internet small businesses were restricted on electronic communications because of high cost on installation and maintenance of networks. Business communications were performed by fax or telephone. Although, the Internet gave the ability for small businesses to become automated, which is advantageous for them, it also brought some costs and disadvantages, and it is facing bigger obstacles that will decide the future of electronic-commerce like government regulations. There are four functions of e-commerce: communication, process improvement, service management, and transaction capabilities. The perfect example form communication function is email. It delivers information or documents to facilitate business transactions. The process improvement function covers the automation and improvement of business processes. A good example of this would be networking two computers together so they could share and transfer data rathe...