The Edge Cutting Tools of E-commerce

Definition of E-commerce: -

The term electronic commerce, also referred as E-commerce can be defined as the trading of product or services by the aid of computer networks and internet. It relies upon the modern technologies, like electronic funds transfer system, internet banking, mobile commerce, online transaction processing as well as the automated data collection systems, for operation.

E-commerce is typically used for business sales. In this unique market strategy, the business organization might not be physically present, while closing a sale, and often includes data exchange policies for facilitating financial aspects of a business within its fold.

Textbooks on E-commerce: -

Some of the textbooks, based on e-commerce activities are as follows:

The Complete E-Commerce Book: Design, Build & Maintain a Successful Web-based Business, Janice Reynolds, 2004.

Ecommerce: Formulation of Strategy, Robert T. Plant, 2000.

Examples of E-commerce: -

• Online shopping, tracking of orders etc.
• Electronic tickets generation.

It is, needless to say, that these are only a few examples of the e-commerce activities.

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