5. Transacting or facilitating business on internet is called e-commerce,
and its revolve around buying and selling.
Another definition:
The use of internet and web to transit the
business.
Digitally refers to commercial transactions
between organization and individual.
E-Business:
The transaction of business through
electronic media such as Telephone, Fax, computers,
Video conference equipment.
Digital enabling of transactions and processes within firm involving
system of control
6. WWW
• World Wide Web(Electronics & Computer Science /
Computer Science) Computing a vast network of linked
hypertext files, stored on computers throughout the world,
that can provide a computer user with information on a
huge variety of subjects Abbreviation WWW
• The complete set of documents residing on all Internet
servers that use the HTTP protocol, accessible to users via
a simple point-and-click system
• An interconnected system of networks that
connects computers around the world via the
TCP/IP protocol is called internet .
7. • Transaction on web
• Exchange of value
occur
• Sub-set of Ebusiness
• It is necessary for
E-commerce to be
E-business
• Enabling all transaction of
business.
• procedures, system,
structure, under control of
firm.
• E-business is broader term.
• Not necessary for ebusiness to be e-commerce.
• Not necessary to occur
exchange of value
8. Commercial transaction:
Future event in term of money, when it will occur it will
change financial position of firm
Internal transaction:
The transaction which occur inside the organization and
between its various departments.
External transaction:
Which occur outside the organization.
10. Ubiquity:
Internet is available at every corner of world and all time.
Globule reach:
Total number of customer ,which e-business can obtain. and total
population is their purpose buyers.
Universal slandered:
Internet has become stander all over the world. And slandered of
internet has same all over the world
Interactivity:
Interact person to person through internet
And it allows two way of communication among customers &
merchants.
11. Information density:
E-commerce reduce cost and rise quality
It provide to customer one world one price and one market
Personalization:
Paying attention to customers as person to person through
internet
Customization:
Customers opinion have value and e-commerce make
changes into products according to customers preferences
14. TYPES
• B2C
• Directly target to customer, sells to individual.
• B2B
• Focus on sell out other business.
• C2C:
• Customer sell to other customer
• P2P:
• It is actually a technology which enable one customer to interact with
other customer directly without intervention of market to share
variance resources and making transaction .
• M.COMMERCE:
• Making transactions through wireless technology