E COMMERCE - 3B

Business interaction between different organizations.

(a)  

Simply commerce between private individuals or consumers

(a)  

It is the study of how people allocate scarce resources for production, distribution, and consumption, both individually and collectively

(a)  

With significant increases in technology over the past couple of decades, e-commerce has become a major force in the economy.

(a)  

It is the buying and selling of goods and services, or the transmitting of funds or data, over an electronic network, primarily the internet.

(a)  

It is a network of individuals and companies who are involved in creating a product and delivering it to the consumer.

(a)  

    It is the exchange of goods and services between (usually) independent organizations and/or persons supported by a comprehensive usage of powerful ICT systems and a globally standardized network infrastructure.

• ECONOMICS                 

• E COMMERCE

• INTERNET

• INTRANET

The transaction can be between enterprises, households, individuals, government, and other public or private organizations.

• E COMMERCE             

• E COMMERCE

• INTERNET

• INTRANET

It focuses on efficiency in production and exchange.

• ECONOMICS

• E COMMERCE

• INTERNET

• INTRANET

A global wide area of network that connects and provide information

• ECONOMICS

• E COMMERCE

• INTERNET

• INTRANET