21-04-2010, 06:29 AM
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SUBMITTED BY DIVYA JAIN V
GYAN GANGA INSTITUTE OF TECHNOLOGY & SCIENCES SEMINAR ON E-COMMERCE“ SEM,
ELECTRONIC COMMERCE
Electronic commerce, commonly known as e-commerce or eCommerce, consists of the buying and selling of products or services over electronic systems such as the Internet and other computer networks. The amount of trade conducted electronically has grown extraordinarily since the spread of the Internet. A wide variety of commerce is conducted in this way, spurring and drawing on innovations in electronic funds transfer, supply chain management, Internet marketing, online transaction processing, electronic data interchange (EDI), inventory management systems, and automated data collection systems. Modern electronic commerce typically uses the World Wide Web at least at some point in the transaction's lifecycle, although it can encompass a wider range of technologies such as e-mail as well.
History
Timeline 1990-2003
Business Applications
1.E-mail and messaging 2.Documents, spreadsheets, database 3.Accounting and finance systems 4.Orders and shipment information 5.Enterprise and client information reporting 6.Domestic and international payment systems
Government Regulations
Forms
Contemporary electronic commerce involves everything from ordering "digital" content for immediate online consumption, to ordering conventional goods and services, to "meta" services to facilitate other types of electonric commerce.
Taxation
1. Being able to conduct business 24 x 7 x 365 2. Access the global marketplace 3. Speed 4. Market space 5. Opportunity to reduce costs 6. Computer platform-independent 7. Efficient applications development environment 8. Allowing customer self service and 'customer outsourcing'
Disadvantages
1. Time for delivery of physical products 2. Physical product, supplier & delivery uncertainty 3. Perishable goods 4. Limited and selected sensory information 5. Returning goods
THANKS
