The terms "online" have specific meanings in regard to computer technology and telecommunications. In general, "online" indicates a state of connectivity.
The concepts have however been extended from their computing and telecommunication meanings into the area of human interaction and conversation, such that even offline can be used in contrast to the common usage of online. For example, discussions taking place during a business meeting are "online", while issues that do not concern all participants of the meeting should be "taken offline"
WHAT IS ONLINE COMMERCE
Online commerce involves multiple transactions or the transfer of payment information across a secure Internet connection in exchange for goods and services. Commercial ecommerce represents trade, commercialism, mercantilism and all other business transactions for business, personal or commercial activities that has the sole objective of supplying commodities via an online storefront.
Ecommerce is governed by the Department of Commerce, created in 1913, is the federal organization with the United States that promotes and administers domestic and foreign trade. The DOC monitors B2B and B2C ecommerce dealings both online and off-line. It covers a broad range of markets from consumer based retail sites, auctions and peer-to-peer sites, to business exchanges negotiating commodities between corporations. These organizations help to regulate ecommerce operations and corresponding business rules.
Ecommerce Explained
Online selling enables small business entrepreneurs to electronically commercialize products with no barriers of time or distance. ASP shopping cart web stores have expanded rapidly over the past five years and is predicted to accelerate. In the near future, ecommerce will mean that the boundaries between "conventional" and "ebusiness software" marketplaces will become increasingly blurred as more e-businesses transact portions of their industry operations and merchandise to web shops or online malls or marts.
The concepts have however been extended from their computing and telecommunication meanings into the area of human interaction and conversation, such that even offline can be used in contrast to the common usage of online. For example, discussions taking place during a business meeting are "online", while issues that do not concern all participants of the meeting should be "taken offline"
WHAT IS ONLINE COMMERCE
Online commerce involves multiple transactions or the transfer of payment information across a secure Internet connection in exchange for goods and services. Commercial ecommerce represents trade, commercialism, mercantilism and all other business transactions for business, personal or commercial activities that has the sole objective of supplying commodities via an online storefront.
Ecommerce is governed by the Department of Commerce, created in 1913, is the federal organization with the United States that promotes and administers domestic and foreign trade. The DOC monitors B2B and B2C ecommerce dealings both online and off-line. It covers a broad range of markets from consumer based retail sites, auctions and peer-to-peer sites, to business exchanges negotiating commodities between corporations. These organizations help to regulate ecommerce operations and corresponding business rules.
Ecommerce Explained
Online selling enables small business entrepreneurs to electronically commercialize products with no barriers of time or distance. ASP shopping cart web stores have expanded rapidly over the past five years and is predicted to accelerate. In the near future, ecommerce will mean that the boundaries between "conventional" and "ebusiness software" marketplaces will become increasingly blurred as more e-businesses transact portions of their industry operations and merchandise to web shops or online malls or marts.
