The essay "The Role of E-Commerce Technology and the Impact of E-Commerce on the Supply Chain" describes the context of the virtual transactions on the internet and the stakeholders. The text focuses on the available frameworks for the generation of the returns from the potential business. …
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The online markets tend to involve the third party element of the business in that the transaction may affect the enterprise and the consumer or the sales made by a consumer to another consumer. Moreover, e-commerce involves the selling and activities of purchasing that include two businesses such that is a business to the business transaction as the description by (Chen, Chen & Kazman, 2007). Other involvements of e-commerce are the collection and subsequent use of the data on demographics that is available from the great representations of the contacts on the web as well as the contacts in the social media. Other instances of e-commerce include the prospects in marketing that focuses on the customers and employ the electronic emails or fax that may be a part of the newsletters. In fact, electronic commerce entails the launch of various new products and new services in the online markets.
The most critical attribute of e-commerce is the interactivity aspect that keeps the customers or the buyers to be in a continuous form of involvement in the processes that constitute the activities of the favorite seller. The interactivity case implies that the market has plenty of individualizations. Besides, the online businesses are cheap to operate as a basis of the usage of already existing computer applications. The applications make up the EDI that is the Interchange of the Electronic Data.
The regulations are probably to ensure that the business transactions that take part in the online markets are authentic.
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High-speed internet connections, portable computers, wireless networks, cellular telephones having internet facility, and hybrid handheld devices delivering phone, internet and computing power to an increasingly mobile and global workforce. All these mentioned innovations in the technological front have shifted the entire paradigm of business.
Internet is one of the major evolutions for the growth and development. Besides, the increasing complexities of human activities necessitate the importance of technologies. Trade and business are one of the major areas which have experienced a significant development in recent years. Providing new methods, companies can achieve better results.
HTML provides web page designers with a fixed set of mark up 'tags' that are used to format a web page. These tags, when inserted into a web page are interpreted by the browser and shown in the form of the page display. It is possible to see the source HTML code for any web page through the 'page source' command that can be found on all browsers.
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San Francisco Chronicle staff writer Verne Kopytoff stated that forecasts suggested a strong e-commerce even ten years after its founding by Amazon.com and ebay. Jupiter Research and Forrester Research predicted a rise in shopping online as compared to retail selling through a series of studies.
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Only few technologies have received as rapid recognition as the internet. Since, the tools and techniques offered by the internet are changing and improving the methods through which business operations are performed. In addition, these techniques and tools are also modernizing the traditional business arrangement
15 Pages(3750 words)Essay
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