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But the rapid evolution of e-business and Internet usage has seen their opinion dramatically change. In fact, companies now realise that they must participate in the e-business revolution to succeed in the modern and complex business environment. In 1996, Forrester Research Institute, a major E-commerce industry analyst, predicted that Business to Customer sales would be a $6.6 billion business in 2000, up from $518 million in 1996. In 2000 Business to Customer sales in the United States were actually about $18 billion, or 1% of total retail sales. In addition to that it is predicted that total e-commerce transactions in the US is predicted to reach between $3-$7 trillion in 2004 alone...
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Common topics in this essay:
- Analysis of financial markets and institutions
- CENTRALIZATION OF TIME AND ATTENDANCE RECORDS THROUGH ELECTRONIC TRANSFER
- Electronic Data Interchange
- Electronic arts financial evaluation 2006
- Financial Institutions
- Foreign Banking and Financial Institutions in the UAE
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- SECURING ELECTRONIC RETAILING SITES AND TRANSACTIONS
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- The statement of financial performance is based on data relating to past transactions and events. Hence the statement of financial performance is of no use to an investor’s decision making process.
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- Ethical Issues And Implications Of Information Technology Use For Financial Corporations As It Relates To Identity Theft
- Impact Of Technology On Financial Services
- Technology Transfer
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