An Overview of E-commerceIntroductionElectronic commerce (e-commerce ) is a 15- socio-economic class-old engineering defined as the merged commercial and subscriber neckcloth dealings that occur everyplace the profits , in what is know as cyberspace or the earth Wide sort out . It includes marketing , advertising , buy and interchange of goods and services , bullion transfers , note communicatings via electronic performer such as electronic mail , video conferencing , transfers or copy . on that point atomic number 18 a myriad of oppo put forms of communication that occur all everyplace the cyberspace , but e-commerce is mayhap meliorate described as commerce over the earnings (Galvin , 2000 ) There are tierce basic types of e-commerce : business to consumer (B2C ) and business to business (B2B ) and consumer to consumer (C2C . Among the three types of e-commerce , B2B accounts for the absolute majority of money changing pass on over the meshwork . The plan of this is to provide an overview of e-commerce and how it has redefined current business practicesHistory of e-commerceThe earnings was not designed for general commit , allow alone(predicate) commerce . The infrastructure was sooner developed by the US Department of Defense low the Advanced Research Projects shove room in 1969 , the inspiration of J .C .R Licklider who in 1962 treasured an unite networking system so he could coordinate with miscellaneous post with ease . By 1969 ARPANET , which became the core of the Internet , was connecting the University of atomic number 20 with Stanford lay down . The connections grow outwards to international networks and in 1979 , Comp use of goods and servicesrve offered electronic mail to the public (History of ecommerce , 2003 ) In 1984 Electronic Data commute was developed employ the ASC X12 as standard which was mainly an industrial communication entrâËšée for suppliers and their clients .
It enabled bring in of goods and exchange of information such as prices (Galvin , 2000 Wilcox , 2006 ) stock-still , the apply of programs was slow and it was expensive to commit up and take Compuserve offered the enrol line products online in 1992 using the DEC PDP-11 network procesor , which was easier to use and cheaper to produce By 1994 , Netscape sailing master allowed users to browse the Internet with broad(a) online exercise software called the desex Sockets Layer (SSL . The following year , eBay , the pioneer of C2C e-commerce and Amazon , a B2C site , came into being . The arrival of broadband technology , initially through a digital subscriber line (DSL revolutionized Internet transactions by allowing durable and speedy connection . By 1999 20 billion of quicksilver(a) retail spending occurred over the Internet (Wilcox , 2006Venture capitalist Daniel Kohn lights that it was vane retailer NetMarket , founded by Swarthmore College graduates in Nashua which do e-commerce history by being the first site to generate a repair off retail transaction online by selling a CD by pang called Ten Summoner s Tales on horrible 11 , 1994 . Randy Adams of Internet Shopping Network made a similar claim , stating that their first secure online transaction occurred a month forward (Gilbert , 2004The wide acceptance of e-mail signaled the first phase of the tack to e-commerce . This was in the period betwixt 1993 and 1997 and is referred to as the Communication...If you want to get a full essay, entrap it on our website: Ordercustompaper.com
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