ADMS 2200 Study Guide - Half.Com, Voice Over Ip, Profit Margin

• School: York University
• Department: Administrative Studies
• Course: ADMS 2200
• Professor: Richard Patterson

Document Summary

The retail industry has been revolutionized in recent years. Taking into consideration advancements on the social, cultural and technological fronts, the method in which the consumers of the global world buy and sell has begun to fundamentally alter. There has been a worldwide shift to the ever advancing technologies afforded to us through the use of the internet. The world wide web has altered the way in which we communicate, conduct business and last but not least, consume. Retail is the sale of goods and services from individuals to businesses to the end-user. Online retailing is a form of electronic commerce allowing consumers to directly buy goods or services from a seller over the internet without an intermediary service. An increasingly large portion of the modern world"s population has been attracted towards this form of conducting business. ebay is an american multinational internet consumer-to-consumer corporation.