Electronic Commerce Overview

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ELECTRONIC
COMMERCE
            Electronic Commerce (EC)
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 Electronic Commerce involves making business
 transactions via telecommunications networks,
 primarily the Internet.
    It is also sometimes referred to as e-business (or e-biz)
 Evolution of EC:
    Electronic commerce applications began in the early
     1970s.
    Electronic data interchange (EDI) extended the types of
     participating companies.
    EC applications expanded rapidly with the
     commercialization of the Internet in the early 1990s.
Electronic Framework
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                 The Field of EC
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The field of EC can be divided into two segments:
1. Electronic markets, or e-marketplaces -
  networks of interactions and relationships
  where information, products, services, and
  payments are exchanged.
     B2C, company-centric, and B2B transactions.
2. Interorganizational informat
				
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