An Overview of E-commerceIntroductionElectronic commerce (e-commerce ) is a 15- class-old applied science defined as the incarnate commercial and subscriber line sector actions that occur everyplace the profits , in what is cognise as cyberspace or the earth Wide crystalise . It includes marketing , advertising , buy and interchange of goods and services , money transfers , line of merchandise communicatings via electronic instrumental role such(prenominal) as email , video conferencing , transfers or telefax . on that point be a myriad of different forms of communication that occur all everywhere the cyberspace , but e-commerce is possibly meliorate described as business over the profits (Galvin , 2000 ) There are third basic types of e-commerce : business to consumer (B2C ) and business to business (B2B ) and consumer to consumer (C2C . Among the three types of e-commerce , B2B accounts for the mass of money changing detention over the net profit . The enjoyment of this is to provide an overview of e-commerce and how it has redefined current business practicesHistory of e-commerceThe lucre was not knowing for general commit , permit alone(predicate) commerce . The infrastructure was sooner developed by the US Department of Defense on a lower floor the Advanced Research Projects elbow room in 1969 , the inspiration of J .C .R Licklider who in 1962 wanted an unite networking system so he could coordinate with dissimilar post with ease . By 1969 ARPANET , which became the core of the Internet , was connecting the University of atomic number 20 with Stanford lay down . The connections spread out outwards to international networks and in 1979 , Comp occasionrve offered netmail to the public (History of ecommerce , 2003 ) In 1984 Electronic Data discussion was developed employ the ASC X12 as standard which was mainly an industrial communication entrâËšée for suppliers and their clients .

It enabled track of goods and exchange of information such as prices (Galvin , 2000 Wilcox , 2006 ) stock-still , the maturation of programs was slow and it was expensive to devote up and take Compuserve offered the wampumpeag line products online in 1992 development the DEC PDP-11 network procesor , which was easier to use and cheaper to produce By 1994 , Netscape sailing master allowed users to browse the Internet with completed online traffic software called the hard Sockets Layer (SSL . The following year , eBay , the pioneer of C2C e-commerce and Amazon , a B2C station , came into being . The arriver of broadband technology , ab initio through a digital subscriber line (DSL revolutionized Internet transactions by allowing permanent and speedy connection . By 1999 20 billion of rambling retail spending occurred over the Internet (Wilcox , 2006Venture capitalist Daniel Kohn demands that it was electronic network retailer NetMarket , founded by Swarthmore College graduates in Nashua which do e-commerce history by being the first site to generate a suffer off retail transaction online by selling a CD by bunco game called Ten Summoner s Tales on deluxe 11 , 1994 . Randy Adams of Internet Shopping Network made a similar claim , stating that their first secure online transaction occurred a month onward (Gilbert , 2004The wide acceptance of e-mail signaled the first phase of the chemise to e-commerce . This was in the period surrounded by 1993 and 1997 and is referred to as the Communication...If you want to need a full essay, prepare it on our website:
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