Essay: Digital Information Processing Technology

Sample Essay

Chapter 1: Introduction

Background to the Context

The term ecommerce is used to describe almost all forms of business that are carried out by making use of the internet. As such, the term refers to an extremely wide range of business activities that take place online. The trading of goods and services over the internet as well as all forms of business transactions where the parties interact electronically fall into the perimeters of the term ecommerce.

To be precise, “E-commerce is the use of electronic communications and digital information processing technology in business transactions to create, transform, and redefine relationships for value creation between or among organizations, and between organizations and individuals” (Andam 2003 p. 6).

The implementation of ecommerce allows the cutting back of communication costs in the subject economy (Epstein 2004). This is brought about as a combined implication of communication costs, technology infrastructure implementation, lesser transaction costs, decreased information sharing and information propagation costs as well as significantly decreased costs pertaining to effective customer service provision.

Place your custom writing order at an affordable price, written by professional writers

 


Related pages

A+ papers are what we do the best, and that’s our promise!

We believe our success is due to countless of satisfied customers who continue to trust us and cherish this professional relationship. Our custom essays are guaranteed to be original and delivered before the deadline.

  • Countless students worldwide are satisfied with our professional writing services.
  • Professionally written custom paper according to your specific instructions.
  • We offer the most experienced bank of dependable and capable academic writers.
  • All assignments are thoroughly researched and 100% guaranteed as original.
  • 100% privacy guaranteed – your private information is strictly confidential.
  • Dedicated 24/7 friendly support team, always available to assist you.

—————————————————————-