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E-commerce

I will begin this essay by clearly defining e-commerce and the types of e-commerce, in doing so; I will state some advantages and disadvantages of this phenomenon. Basically doing business online, typically via the Web. It is also called "e-business," "e-tailing" and "I-commerce." Although in most cases e-commerce and e-business are synonymous, e-commerce implies that goods and services can be purchased online, whereas e-business might be used as more of an umbrella term for a total presence on the Web, which would naturally include the e-commerce (shopping) component and the eelectronic commerce that is conducted between businesses is referred to as Business-to-business or B2B. B2B can be open to all interested parties (e.g. commodity exchange) or limited to specific, pre-qualified participants (private electronic market), while E-commerce that is conducted between business and customer is referred to as Business-to-customer or B2C, and lastly E-commerce between business and government is referred to as Business-to-government or B2G. E-commerce may also refer to electronic data interchange (EDI), in which one company's computer queries and transmits purchase orders to another company's computer.
There are a number of advantages and disadvantages of conducting business electronically, some advantages that can be achieved from e-commerce include being able to conduct business, e-commerce systems can operate all day every day, access the global marketplace the Internet spans the world, and it is possible to do business with any business or person who is connected to the Internet, speed. Electronic communications allow messages to traverse the world almost instantaneously; there is no need to wait weeks for a catalogue to arrive by post: that communications delay is not a part of the Internet / e-commerce world, market space; The market in which web-based businesses operate is the global market, it may not be evident to them, but...