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E Commerce

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Essay title: E Commerce

Project Work On

(E-Business)

Submitted By

Ashish Rana, PGPM IB Batch no 18th

Bijay Kumar Rath, PGPM IB Batch no 18th

Barnali Devi, PGPM IB Batch no 18th

Ankit Kumar nautiyal, PGPM IB Batch no 18th

Abhijeet srivastav PGPM IB Batch no 18th

Manish kumar PGPM IB Batch no 18th

Submitted on: ____________

INSTITUTE OF MANAGEMENT AND DEVLOPMENT

NEW DELHI

CONTENTS

i. ACKNOWLEDGEMENT

ii. E-COMMERCE

iii. INTRODUCTION

iv. HISTORY

v. ELECTRONIC DATA INTERCHANGE

vi. ELECTRONIC FUNDS TRANSFER

vii. TYPES OF E-COMMERCE

viii. PRINCIPLES OF E-COMMERCE

ix. BENEFITS OF E-COMMERCE

x. HOW TO IMPLIMENT E-COMMERCE

xi. BUSINESS APPLICATION

xii. CAUTIONS OF E-COMMERCE

xiii. COMPANY PROFILE

xiv. COMPANY PRODUCTS

xv. WHY E-COMMERCE

xvi. CONCLUSION

xvii. BIBLOGRAPHY

xviii. REFRENCES

e- COMMERCE

INTRODUCTION

Definition:

Ecommerce, e-commerce, or electronic commerce refers to the paperless exchange of business information using electronic data interchange, electronic mail, electronic bulletin boards, electronic fund transfer, world wide web, and other network-based technologies.

Electronic Commerce is one of the most important aspects of the internet to emerge. It allows people to exchange goods and services immediately and with no barriers of time or distance. Any time of the day or night, you can go online and buy almost anything you want.

HISTORY

Early development

The meaning of electronic commerce has changed over the last 30 years. Originally, electronic commerce meant the facilitation of commercial transactions electronically, using technology such as Electronic Data Interchange (EDI) and

Electronic Funds Transfer (EFT). These were both introduced in the late 1970s, allowing businesses to send commercial documents like purchase orders or invoices electronically. The growth and acceptance of credit cards, automated teller machines (ATM) and telephone banking in the 1980s were also forms of electronic commerce. From the 1990s onwards, electronic commerce would additionally include enterprise resource planning systems (ERP), data mining and data warehousing.

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Perhaps it is introduced from the Telephone Exchange Office, or maybe not. The earliest example of many-to-many electronic commerce in physical goods was the Boston Computer Exchange, a marketplace for used computers launched in 1982. The first online information marketplace, including online consulting, was likely the American Information Exchange, another pre-Internet online system introduced in 1991.

Although the Internet became popular worldwide in 1994, it took about five years to introduce security protocols and DSL allowing continual connection to the Internet. And by the end of 2000, a lot of European and American business companies offered their services through the World Wide Web. Since then people began to associate a word "ecommerce" with the ability of purchasing various goods through the Internet using secure protocols and electronic payment services.

E. D. I.

An inter-company, application-to-application communication of data in standard format

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