Electronic commerce: an overview
- 2002
- p.45-51.
- Sep
Recent years have witnessed a steady growth of electronic commerce in the world economy. This wave of technology is one of the newest and fast evolving areas of international trade. Electronic commerce is coming to be accepted as an umbrella term for all business-related internet activities such as gathering market research, promoting market intelligence, offering links to business contacts and information, posting product and service descriptions, interacting in business-related news groups and the like. With this in view, the article attempts to study the meaning as well as the contribution of electronic commerce to the global trade. The article also looks at the benefits and requisite capabilities that make electronic commerce a success. - Reproduced.