What is E-Commerce?

What is E-Commerce? E-commerce is the practice of buying and selling products and services over the network, utilizing technologies such(prenominal) as the sack up, electronic data interchange, email, electronic fund transfers, and neat cards. world-wide electronic commerce has exploded in green divisions. According to OReilly & Associates, worldwide business access to the meshing is expected to grow to 8 million by the year 2001. This growth, coupled with rapid changes in information technology and communication, is having a profound impact on business and the workplace. Increasingly, the use of e-commerce is suitable a condition of trade for the manufacturing and retail industries and is imperative for alone(predicate) industries striving to maintain a competitive edge. What is the impact of E-Commerce on the workplace? The impacts of e-commerce on the workplace are numerous; The internet provides access to an electronic global marketplace with millions of custom ers, operating on a 24/7/365 basis. The increasing availability of discipline Web tools allows companies to eliminate, re-engineer, and automate business practices, thereby providing a to a greater extent cost effective, time-efficient manner of conducting business. In admission to these positive changes, round challenges arise. As the information technology profession continues to expand, personnel in the industry are increasingly in high demand, do a work shortage crisis for many an(prenominal) employers.

In addition, cyber legality is unruffled a relatively naked as a jaybird discipline, with the legal ramifications of e-commerce still be explored. Electronic signatures legis lation. E-commerce entered a newfound era w! hen President Clinton sign the Electronic Signatures in Global and National Commerce trifle into law June 30. Considered the most of import e-commerce legislation Congress passed this year, the tax presents both challenges and opportunities for credit unions. The law legitimizes the place of the Internet and separate forms of electronic transactions in the future of credit unions and separate financial institutions. Most of... If you lack to get a lavish essay, order it on our website: OrderEssay.net

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