Electronic commerce refers to an information- and communication-based electronic exchange environment mostly occupied by sophisticated computer and telecommunications technologies and digitized offerings. any activity that uses electronic communication in the inventory, promotion, distribution, purchase, and exchange of products and services. two-way buyer-seller electronic communication in a computer-mediated environment in which the buyer controls the kind and amount of information received from the seller. electronic storefronts that focus on converting an online browser into an online, catalog, or in-store buyer. electronic storefronts that advertise and promote a company's products and services and provide information on how items can be used and where they can be purchased,

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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Electronic commerce refers to
an information- and communication-based electronic exchange environment
mostly occupied by sophisticated computer and telecommunications
technologies and digitized offerings.
any activity that uses electronic commucation in the inventory, promotion,
distribution, purchase, and exchange of products and services.
two-way buyer-seller electronic communication in a computer-mediated
environment in which the buyer controls the kind and amount of information
received from the seller.
electronic storefronts that focus on converting an online browser into an online,
catalog, or in-store buyer.
electronic storefronts that advertise and promote a company's products and
services and provide information on how items can be used and where they can
be purchased.
Transcribed Image Text:Electronic commerce refers to an information- and communication-based electronic exchange environment mostly occupied by sophisticated computer and telecommunications technologies and digitized offerings. any activity that uses electronic commucation in the inventory, promotion, distribution, purchase, and exchange of products and services. two-way buyer-seller electronic communication in a computer-mediated environment in which the buyer controls the kind and amount of information received from the seller. electronic storefronts that focus on converting an online browser into an online, catalog, or in-store buyer. electronic storefronts that advertise and promote a company's products and services and provide information on how items can be used and where they can be purchased.
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