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E-commerce and E-business

Sunday, November 28, 2010

E-Commerce is the process of buying and selling or exchanging of product service and information by computer networks, it can be defined from the following perspectives:

• From a communication perspective, EC delivers goods, services, information, or payments over computer networks or by any other electronic means.
• From a commercial trading, EC provides the capability of buying and selling products, services, and information over the Internet and via other online services.

• From a business process perspective, EC conducts business electronically by completing business processes over electronic networks, thereby substituting information for physical business processes.
• From a service perspective, EC is a tool that addresses governments, consumers, and management to cut service costs while improving the quality of customer service and delivery.
• From a learning perspective, EC enables online training and education in schools, universities, and other organizations, including businesses.
• From a collaborative perspective, EC is the framework for inter and intra organizational collaboration.
• From a community perspective, EC provides a gathering place for community members to learn, transact, and collaborate.

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