How E-commerce capabilities have affected international business

Electronic commerce, or e-commerce, is a very broad term. E-commerce conducted between communication channeles differs from that carried prohibited between a business and its consumers. For business-to-consumer e-commerce, the Web has become the dominating pipeline. E-commerce is not just about buying and selling things everyplace the Internet but also the electronic ex variegate of business data between two or more organizations ready reckoner systems. E-commerce includes buying and selling any item oer the Internet, electronic fund transfer, smart cards, and all opposite methods of conducting business over digital networks. A good example is Amazon.com. The company offers a good deal of books and merchandise for sale on its Web site. Consumers find what they like, casing in their credit card number and unpack the books or merchandise a few days later. Their website even makes recommendations base on items similar to what other consumers had purchased and spending patterns. Conducting individual storage trades, moving money from checking to savings or tracking an nightlong package delivery via the Internet are other examples.

Business-to-business e-commerce takes umpteen forms, some of which have been around for years. Electronic data alter (EDI) is a format for exchanging business information over cloistered networks. It was created to automate and speed the exchange of information between companies that on a regular basis did business together.



EDI is still used, and there are many other mechanisms for business interaction, such as electronic catalogs and electronic retribution systems. The Web plays an spread outing role just as it does in consumer e-commerce.

Increasing argument worldwide, increasing demands made by customers, and the rapid pace of change in technology are forcing companies to review the way they do business, the kinds of products and services they offer, and the speed with which they release products to market. Today, most companies have worked to expand and improve their process...

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