IT and E-commerce
Overview
In this chapter we will explore the relationship of information technology with the deployment of electronic commerce (e-commerce). E-commerce is the conduct of commercial activities using electronic processes or tools that are enabled by information and communications technologies (ICTs). It usually involves goods and services being selected, ordered and paid for via the Internet, though it can also involve various services, electronic processes and transactions that occur within and between businesses.
E-commerce can present many new options for organising and conducting business. In an overall sense, it can be applied to:
- improve the performance of existing businesses or operation;
- create new and different types of businesses, products and services; and,
- respond to the business and e-commerce strategies of competitors.
Learning outcomes
- At the completion of this chapter, you should be able to:
- Outline the foundations of e-commerce
- Confirm the principles underlying e-commerce
- Determine the origins of the Internet
- Outline the role of the Internet in business and commerce