Electronic Commerce
... There are also few companies do not use some form of e-commerce. ... Now you might be thinking, “Just what exactly is e-commerce?” To most casual Internet surfers, e-commerce means online shopping or simply purchasing Christmas presents via your personal computer and any Internet browser. As we will soon find out this is not exactly the definition of e-commerce but rather on entity of its capabilities. In Layman’s terms, e-commerce is the exchange of business information between two or more organizations. ... After e-commerce proved to be an efficient means to conduct long distance transactions it became very accepted. This paper shall discuss some of the advantages and disadvantages of e-commerce, as well as predicting its potential for the future of business.