Definition of electronic commerce: "Use of electronic media (telecommunications) for a swap transaction, including the purchase and sale of products and services that require physical or digital transmission from site to site." Digital forwarding of expected electronic commerce transaction information. While transactions are performed through electronic devices, they can be delivered using traditional physical delivery channels or digital mechanisms, such as downloading a product from the Internet. All this depends on what we order. If you buy software, you can download it from the internet while the CD can be delivered via a courier.

E-commerce is the use of electronic business information technologies for business transactions such as displaying catalogs, selling and buying goods and services, processing, payments, etc. accelerated the pace and pace of business, minimized time between transactions and reduced coverage. Although the initial cost of creating e-commerce infrastructure may seem high, it has proven to be cost-effective in the long run. The direct link between the producer and the consumer may increase sales, and printing, stationery, consignments, etc. Reverse time and money can be reduced considerably.

The use of web-based e-commerce has significantly increased the subset of Internet technology. Many companies that have established company or branded websites or are distributing information about their products are now using it for sales purposes. The number of web users has increased both at the workplace and at home, so this means that a large market can be occupied. The web shop is international and is open 24 hours a day in all 365 days

Businesses E-commerce expands faster than business to consumers, as many well-known companies already have the necessary technology infrastructure. And those who do not have the opportunity to take advantage of this opportunity, given the strong competition that the ever-increasing progress in the field of information technology is endangering.

E-COMMERCE takes place within the corporate organization. The goal is to combine components and increase information flow within the organization. So we see that E-commerce has three stages, namely interorganization, posting and interorganization.

Although many technologies fit into e-commerce, the most important are: –

  1. Electronic Data Interchange
  2. Electronic Data Sheet
  3. Electronic Data Sheet
  4. Electronic Data Sheet
  5. Electronic Data Sheet

Observed that "world-wide companies are challenging to take advantage of Internet business benefits while minimizing the risk of their operations and the bottom line." The security of data transmitted over the Internet is a major concern for businesses around the world. In a survey of nearly 1,600 IT professionals in 50 countries, 73% of all companies reported security disturbances or corporate espionage in just one year

Source by Khyati Raja

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