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INTRODUCTION E-COMMERCE.
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E-commerce Chapter 9 pp E-Commerce Buyer 1. Search & Identification 3. Purchasing 2. Selection & Negotiation 4. Product & Service Delivery 5.
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Fundamentals of E-commerce
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- Qin Zheng 2 ,
- Shundong Li 3 ,
- Jinchun Dong 4 ,
- Lixiang Yan 2 &
- Jun Qin 5
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E-commerce is the core technology of knowledge economy. Developing e-commerce is an inevitable choice for Chinese economy to enter into the world market, participate in and ultimately penetrate the global market, and bring about a great rejuvenation of the Chinese nation. We must grasp this business opportunity and further extend its strength by consciously studying, applying and developing e-commerce; allowing e-commerce to serve better in society’s economic development. Before we can start developing e-commerce, we have to understand the background, the basic principle and the evolution and development history of e-commerce. This enables us to have a thoughtful understanding on this new technology, hence, helping to predict the trend of e-commerce in the near future. This chapter introduces some basic knowledge regarding to e-commerce, which includes, the needs of society, development of e-commerce, basic e-commerce concepts, and couples of other information which closely related to the development of e-commerce.
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Qin Zheng, Yi Han & Lixiang Yan
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Shundong Li
Panda Electronics Group Co., Ltd., Nanjing, 210002, China
Jinchun Dong
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Zheng, Q., Li, S., Han, Y., Dong, J., Yan, L., Qin, J. (2009). Fundamentals of E-commerce. In: Zheng, Q. (eds) Introduction to E-commerce. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-540-49645-8_1
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Electronic commerce describes the buying and selling of products, services, and information via computer networks including the Internet.4 Electronic commerce is about doing business electronically.5 E-commerce, ecommerce, or electronic commerce is defined as the conduct of a financial transaction by electronic means.6
These considerations lead to our final definition (Turban et al 2015, p. 7): E-Commerce 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.
E-Commerce or Electronic commerce is a process of buying, selling, transferring, or exchanging products, services, and/or information via electronic networks and computers. 5 Definition of E-Commerce. 'Formulating commercial transactions at a site remote from the trading partner and then using electronic communications to execute that ...
This guide can help you learn about the benefits of online storefronts, opportunities to market to prospective customers online, and grow your general business knowledge. The upcoming sections explore themes like the benefits of e-commerce, specific trends in e-commerce, and the future of e-commerce.
E-Commerce entails a company accessing the internet as well as IT, such as the. electronic data interchange (EDI). E-commerce concerns an internet vendor's website, trading goods or services. to ...
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E-commerce stands for electronic commerce and can be defined as "the process of buying, selling, transferring or exchanging products, services and/or information via computer networks, mostly Internet and intranets."2 Although the terms e-commerce and e-business are used interchangeably, they are different. E-business provides a more
fi. as trading in goods and services via electronic media and the Internet. " ". A broader concept of e-commerce is used by Stallmann and Wegner (2014) as. the sum of all digital commercial transactions between economic operators that. ". take place via the Internet, especially the sale of goods and services.
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Business-to-government, also known as business-to-administration, refers to trade between the business sector as a supplier and a government body as a customer. This kind of e-commerce refers to the situation where businesses conduct commerce with the government; it is essentially a part of the 'B2B' model.
sector, "The Algerian e-commerce market is worth some $5 billion". An e-commerce website survey carried out in 2018 showed that 6% of Algerians benefited from e-commerce, whether in terms of a sale or a purchase, and that, out of the 20 million Algerians who have a bank account, only 2.5 million have a bank card, i.e. 6%.
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The reason why e-commerce based on Internet is so attractive to enterprises is that e-commerce enjoys several evident advantages over e-commerce based on EDI: 1) low in cost. The expense of Internet is low, no more than 1/10 of VAN in general. 2) wide in overlaying. Internet spreads all over the world, by which trade partners
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