What is E-Commerce?

What is E-Commerce? E-commerce is the practice of buying and selling products and services over the network, utilizing technologies such(prenominal) as the sack up, electronic data interchange, email, electronic fund transfers, and artful cards. global electronic commerce has exploded in modern course of studys. According to OReilly & Associates, worldwide business access to the blade is expected to grow to 8 million by the year 2001. This growth, coupled with rapid changes in information technology and communication, is having a profound impact on business and the workplace. Increasingly, the use of e-commerce is beseeming a condition of trade for the manufacturing and retail industries and is imperative for exclusively industries striving to maintain a competitive edge. What is the impact of E-Commerce on the workplace? The impacts of e-commerce on the workplace are numerous; The lucre provides access to an electronic global marketplace with millions of customers , operating on a 24/7/365 basis. The increasing availability of rail Web tools allows companies to eliminate, re-engineer, and automate business practices, thereby providing a to a greater extent cost effective, time-efficient manner of conducting business. In addendum to these positive changes, round challenges arise. As the information technology concern continues to expand, personnel in the industry are increasingly in high demand, do a work shortage crisis for more employers.

In addition, cyber impartiality is unruffled a relatively cleanfangled discipline, with the legal ramifications of e-commerce still be explored. Electronic signatures legislation. E-commerce entered a new era when President Clinton sign the Ele! ctronic Signatures in Global and National Commerce trifle into law June 30. Considered the most real e-commerce legislation Congress passed this year, the tax presents both challenges and opportunities for credit unions. The law legitimizes the place of the Internet and separate forms of electronic transactions in the future of credit unions and separate financial institutions. Most of... If you neediness to get a lavish essay, order it on our website: OrderEssay.net

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