E-commerce 1 - Summary 2 - About e-commerce 3 - Advantages and disadvantages 4 - Impact of e-commerce on typical companies 5 - Steps to take when a company decides to switch to e-commerce There is a misunderstanding that electronic commerce merely refers to the purchase and sale of products and services on the Internet. Do the broader e-commerce perspective focus on key processes that increase direct revenue? In other words, to acquire and maintain customers through sales, marketing, and service (Siebel, 2004).
There are several confusions in the literature regarding compatible terms such as e-commerce and e-commerce. To avoid this confusion, this report uses Lee and Whang (2001) to define e-commerce. This indicates that e-commerce uses front-end and back-end business processes using Internet-based computing and communication. Although the concept of e-commerce is limited to the business front end, e-commerce requires the entire business cycle, including supply chain integration. Fatt (2002) describes e-commerce as an application of information technology to facilitate the sale and purchase of products, services, and information via standards-based networks.
Electronic commerce on the Internet is the driving force for e-commerce integration. The main reason is that the Internet is an open standard and everywhere. Companies can use the Internet to display the trading partner network of the supply chain around the world and respond quickly to changing business conditions such as customer needs and resource availability. The following Web site provides evidence on this point and the company's example shows how e-commerce on the Internet fundamentally changed their business strategy.
Ecommerce is also called e-commerce. Electronic commerce is said to purchase and sell products via an electronic network such as the Internet. This may be between companies, between companies and customers, or between public and private sectors. Product sales can be done electronically and the final delivery of goods or services can be done online or offline. The broader definition of e-commerce covers transactional e-commerce, but also includes "process e-commerce" including inter-company intermediary product activities and electronic processing of information.