The Visions And Forces During The Early Days Of E-Commerce

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Question I: Describe the visions and forces during the early days of e-commerce in terms of what the various interest groups hoped for: the computer scientist and information technology people; the economists; and the entrepreneurs, venture capitalists and marketers. Explain whether what each group envisioned came to fruition and why or why not. Give examples In many ways from various kinds of technology to be applied in business transaction, by late 1995 of last century internet and e-commerce played an essential role for the explosive growth in society by permitting all people to interact at the same time from different places worldwide. The birth of e-commerce in the early day motivated the forces for groups of people with the hope to perform it in business more effectively and efficient. Those volunteers are computer scientists and information technology people; the economists; the entrepreneurs and venture capitalists; and the marketers. However, their primitive fruition is being under consideration . The understanding of E-commerce is regarded as the utilization of Internet and Web to transact business dealing, execute business transaction. It can be dealt between and among organizations and individuals (E-commerce – Fifth Edition 2009) For the computer scientists and information technology people – those who are working in the informatics sector as their priority major – ecommerce has opened new perspectives in their working orientation: a huge achievement was the strong confirmation of a mountain of information technologies that had advanced over nearly half of century. Vast trading dealings between and among individuals and organizations would be done through times. All people would be able to access the Internet that accumulates and reserves uncountable knowledge stored on HTML pages and written by hundreds of millions of people and thousands of

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