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Electronic Commerce Basics. A group of two or more computers linked by cable or telephone lines. What is a Network?. Workstation. Workstation. Workstation. Connecting Hub. Server. A group of two or more networks. What is an Internet?. Workstation. Workstation. Workstation. Workstation.

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Presentation Transcript
what is a network

A group of two or more computers linked by cable or telephone lines.

What is a Network?

Workstation

Workstation

Workstation

Connecting Hub

Server

what is an internet

A group of two or more networks

What is an Internet?

Workstation

Workstation

Workstation

Workstation

Workstation

Workstation

Server

Server

internet used for e commerce

User in one network making business transactions with another network

InternetUsed for e-Commerce

Workstation

Workstation

Workstation

Workstation

Workstation

Home Network

Sales Company

Server

e commerce e business

E-Commerce: Buying and selling products and services on the Internet

E-Business: The broader spectrum of business activities that are conducted over the Internet

E-Commerce / E-Business
e business advantages for sellers

Increased sales opportunities

Decreased transaction costs

Operate 24/7

Reach narrow market segments which are widely distributed geographically

Access to global markets

Increased speed and accuracy of information

Bring together buyers and sellers in one marketplace

E-Business Advantages (for sellers)
e business advantages for buyers

Wider product availability

Customized and personalized information and buying options

Shop 24/7

Easy comparison shopping and one-stop shopping

Access to global marketplaces

Quick delivery of digital products

E-Business Advantages (for buyers)
e business disadvantages for sellers

Rapidly changing technology

Insufficient telecommunications capacity or bandwidth

Difficulty integrating with existing systems

Problems maintaining security and reliability

Global market issues: language, politics, currency conversions

Conflicted legal environment

Shortage of skilled technical employees

E-Business disadvantages (for sellers)
e business disadvantages for buyers

Concern over transaction security and privacy

Lack of trust when dealing with unfamiliar sellers

Desire to touch and feel products before purchase

Resistance to unfamiliar buying processes, paperless transactions, electronic money

E-Business disadvantages (for buyers)