Electronic commerce (e-commerce) remains a relatively new, emerging and constantly changing area of business management and information technology. ELECTRONIC COMMERCE E-commerce is a transaction of buying or selling online. The explanation of these e commerce models is … While e‐business refers to more strategic focus with an emphasis on the functions that occur when using electronic capabilities, e‐commerce is a subset of an overall e‐ business strategy. And the term “E-Commerce” obviously is more widespread E-commerce refers to a dynamic set of technologies, application and business processes that link buyers and sellers through electronic networks to carry out commercial transaction and exchange goods, services and information. E COMMERCE SCCE_CSE Page 2 B.Tech IV/CSE II nd semester Term: 2010-2011 SYLLABUS UNIT-1: Introduction, Electronic Commerce Framework, the Anatomy of E-Commerce applications, E-Commerce Consumer applications, E-Commerce organization applications. 1. NOTE: E commerce Models may be also categorized into Business to Government (B2G), Government to Business (G2G), Government to Citizen (G2C) and Peer to Peer (P2P) apart from the above three e commerce business models. 2. In practice, e‐business is more than just e‐commerce. Electronic commerce draws on technologies such as mobile commerce, electronic funds transfer, supply chain management, Internet marketing, online transaction processing, electronic data interchange (EDI), inventory management systems, and automated data collection systems. E-commerce is digitally enabled commercial transactions between and among organizations and individuals. E‐commerce seeks to add revenue streams using the World Wide Web or the Internet to build and Comparing E-Commerce and E-Business we come to the subsequent conclusion: E-Business is a more general term than E-Commerce. Ecommerce notes INTRODUCTION TO ELECTRONIC COMMERCE. • E- Commerce is about the sale and purchase of goods or services by electronic means, particularly over the internet. However, in this book we will only use the term “E-Commerce“, because every business transaction finally is involved in selling or buying of products or services. E-commerce decreases the cost of creating, processing, distributing, storing, and retrieving paper based information. E-commerce expands the market place to national and international level. 4. In this case, you will access a cyber bookstore and download a digital book from a server computer. Ability for creation highly specialized business. It involves ... BBA Notes; Dont Miss Latest Updates. E-commerce Buyers and sellers together make up e-commerce, short for electronic commerce. Lowering staffing cost:-As in e – commerce, the selling & purchasing process is outline, the amount of interaction with staff is minimized 4. 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