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What Is Electronic Commerce

What is Electronic Commerce?

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Title: What is Electronic Commerce?

Essay Details:

Subject: Technology

Author: Walter B

Date: February 12, 2014

Level:

Grade: B

Length: 4 / 1043

Essay text:

It's using the power of computers, the Internet and shared software to send and receive product specifications and drawings; bids, purchase orders and invoices; and any other type of data that needs to be communicated to customers, suppliers, employees or the public. E-commerce is the new, profitable way to conduct business which goes beyond the simple movement of information and expands electronic transactions from point-of-sale requirements, determination and production scheduling, right through to invoicing, payment and receipt. E-commerce uses key standards and technologies including Electronic Data Interchange (EDI), Technical Data Interchange (TDI), Hypertext Mark-up Language (HTML), eXtensible Mark-up Language (XML), and the Standard for Exchange of Product model data (STEP)...

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