ITM 102 Chapter Notes - Chapter 5: Search Engine Optimization, E-Commerce, Computer Network

72 views5 pages

Document Summary

E-commerce is the use of information systems, technologies, and computer networks by individuals and organizations to carry out transactions in order to create or support the creation of business value. Way of doing business around the world in an instant without the need for a physical business presence. E-commerce includes all types of computer networks, transactions, and business relationships including: electronic funds transfers. Edi over private networks retail sales and wholesale exchanges over public networks like the internet. Most people think of e-commerce as electronic shopping over the internet or b2c e-commerce. Types of e-commerce transactions and example websites: b2c. On-line equivalent of retail store as well as other services. Products can be divided into two primary categories: physical and electronic. Physical products: anything that requires an actual shipment of a package to the buyer. Digital products: can be received directly over the internet or other computer network.