Essay On E-Commerce

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E-COMMERCE: ITS DEVELOPMENT AND FUTURE PERSPECTIVES
INTRODUCTION
E-commerce is a type of business where individuals, firms and companies engage in business activities over an electronic network mainly internet. It is notable that e-commerce operates in business to consumer, business to business, consumer to business and business to business market segments . The emergence of e-commerce can be attributed to the advent of new technologies, mail order purchasing through a catalog is possible. Currently almost all products and services are offered through e-commerce including financial services. E-commerce has emanated from a number of technologies such as electronic funds transfer, mobile commerce, online transaction processing, internet marketing, supply chain management, automated data collection system, inventory management system and electronic data interchange. With the dynamism and advancement of these technologies, in the current corporate world e-commerce uses World Wide Web as well as other technologies such as mobile devices, telephones, social media and email .
DEVELOPMENTS O...

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