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Posted on 2004-11-16
Medium Priority
Last Modified: 2010-05-18
what is the definition of the "e-commerce"
Question by:she1

Accepted Solution

michaelbuddy earned 80 total points
ID: 12600111
according to Wikipedia.

Electronic commerce or e-commerce consists of the buying, selling, marketing, and servicing of products or services over computer networks. The information technology industry might see it as an electronic business application aimed at commercial transactions.

An alternative definition of e-commerce might view it as the conduct of business commercial communications and management through electronic methods, such as electronic data interchange and automated data-collection systems.

Electronic commerce may also involve the electronic transfer of information between businesses (EDI).

According to Forrester Research (as cited in Kessler, 2003), electronic commerce generated sales worth US $12.2 billion in 2003.

Author Comment

ID: 12600585
what is "Wikipedia"?


Expert Comment

ID: 12606096
Definitions of E-Commerce on the Web:

Electronic Commerce. Refers to the general exchange of goods and services via the Internet.

electronic commerce, also e-business, a term for all kinds of business that are established electronically especially over the Internet. This includes both electronic sale (internet shops) and B2B transactions, i.e. business between two companies. For e-commerce standards and/or standardization bodies see ebXML, EDI, or RosettaNet.

(EC) The conducting of business communication and transactions over networks and through computers. As most restrictively defined, electronic commerce is the buying and selling of goods and services, and the transfer of funds, through digital communications. However EC also includes all inter-company and intra-company functions (such as marketing, finance, manufacturing, selling, and negotiation) that enable commerce and use electronic mail, EDI, file transfer, fax, video conferencing, workflow, or interaction with a remote computer. Electronic commerce also includes buying and selling over the World-Wide Web and the Internet, electronic funds transfer, smart cards, digital cash (e.g. Mondex), and all other ways of doing business over digital networks. (This definition is from Dictionary.com)

Existing laws about the sale and supply of goods and services, consumer protection, credit card fraud and so forth apply in E-Commerce. In addition, there are special laws about electronic signatures and the interception of communications. The global nature of the Internet poses difficult legal problems.

Electronic Commerce. Buying and selling products and services on-line via the Internet.

Conducting business on-line. This includes, for example, buying and selling products with digital cash and via Electronic Data Interchange (EDI).

E-commerce (or electronic commerce) is any business transaction whose price or essential terms were negotiated over an online system such as an Internet, Extranet, Electronic Data Interchange network, or electronic mail system. It does not include transactions negotiated via facsimile machine or switched telephone network, or payments made online for transactions whose terms were negotiated offline.

A term that refers to the growing retail, service and business to business industries on the World Wide Web. E-commerce websites facilitate the buying and selling of goods and services over the Internet. email - Electronic Mail. Email is by far the most popular activity on the Internet. Email technology makes it possible to send and receive electronic "letters" almost instantaneously over the Internet. encryption - The process of scrambling transmitted data over the Internet. Usually refers to the scrambling of an e-commerce transaction in which credit card information privacy is assured.

Electronic commerce. The process of buying and selling over the Web—often based on software products such as Microsoft Commerce Server.

Electronic Commerce. Selling and purchasing of products through an electronic service, such as the Internet.

Electronic commerce. Conducting commercial transactions electronically, particularly over the Internet.

The processing of buying and selling via the Internet

The act of conducting business on-line, e-commerce may include buying and selling products with digital cash and via electronic data interchange.

Business which takes place between companies using services such as the Internet, Electronic Data Interchange, or Electronic File Transfer. Two companies—the supplier and the customer—can transmit inquiries, orders, invoices, or payments directly through their computer systems.

Electronic commerce: the conducting of business communication and transactions over networks and through computers. Specifically, ecommerce is the buying and selling of goods and services, and the transfer of funds, through digital communications.

A fusion of the two words electronic and commerce and which means to conduct business on the Internet. Back to Top

Commerce can be defined as the exchange of goods or services. Electronic Commerce, or E-commerce as it is commonly known, is the exchange of goods or services using an electronic medium, more specifically the Internet.

[Electronic Commerce] The buying and selling of goods and services on the Internet.

Business that takes place between companies using services such as the Internet, Electronic data Interchange or Electronic File transfer. Two companies, one the supplier and the other the customer can transmit inquiries, orders, invoices, payments etc. directly through their computer systems.

Acronym for electronic commerce. The conducting of business transactions over the Internet.

Refers to conducting business on the Internet, including selling and purchasing products online.

The use of technology to conduct financial transactions online -- such as the buying and selling of products and services -- usually via the Internet. The financial-transactions side of e-business.

The processing of economic transactions, such as buying and selling, through electronic communication. E-commerce often refers to transactions occurring on the Internet, such as credit card purchases at Web sites.

Buying and selling of goods and services on the Internet, especially the World Wide Web.

The end-to-end digital exchange of all information needed to conduct business. Examples include EDI transactions, electronic mail, archives, audit trails, and all forms of records, including graphical images. Electronic Data Interchange (EDI), Electronic Funds Transfer, (EFT) and Continuous Acquisition and Life-cycle Support (CALS).

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