Written in 2007; 2,240 words; 11 sources; MLA; $ 69.95
Paper Summary:
This paper explains that e-commerce or e-business (electronic commerce), which followed the birth of the Internet, is defined as any form of business transaction in which the parties interact electronically rather than by physical exchanges or direct physical contact. The author points out that e-commerce began in 1968 with Electronic Data Interchange (EDI) standards, which allowed different companies to perform electronic dealings with one another but without any guarantee that companies had the same transactions capabilities; however, in 1984, the ASC X12 standards were established, which guaranteed conformity creating an escalation in e-commerce. The paper includes listings comparing advantages and disadvantages and B2B and B2C, many statistical tables and several long quotations, including embedded quotations.
From the Paper:
"In the U.S. alone, the growth of B2B and B2C e-commerce went into the billions from 2001 to 2005. But these are media the started with surfing the Net on the PC. Another evolution to e-commerce is the m-commerce or the mobile commerce which is the buying and selling of goods and services through wireless handheld devices such as cellular telephone and personal digital assistants (PDAs). Known as next-generation e-commerce, m-commerce enables users to access the Internet without needing to find a place to plug in."
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