A Paper Presentation ON "E-Commerce": Presented by Rahul Jain
A Paper Presentation ON "E-Commerce": Presented by Rahul Jain
PAPER PRESENTATION
ON
“E-COMMERCE”
PRESENTED BY
RAHUL JAIN
INTRODUCTION
There does not exist a simple definition of E-
Commerce that adequately describes the
coverage of its operations, functions and
underlying technologies. One common view is:
E-Commerce is online shopping via the Internet.
Although this is correct, online shopping is only
one of many types of E-Commerce activities. In
broader terms:
E-Commerce is any commercial activity
conducted electronically, particularly via private
or open networks, such as the Internet.
Cont….
It is also true to say, however, that eCommerce also
includes all inter-company and intra-company functions
(such as sales, marketing, accounts, logistics,
manufacturing, and negotiation) that enable commerce
and use electronic mail, EDI (Electronic Data
Interchange), file transfer, digital fax, video
conferencing, workflow, or interaction with a remote
computer.
E-Commerce also includes buying and selling over the
World-Wide Web and the Internet, electronic funds
transfer, smart cards, digital cash, and all other
methods of completing business transactions over
digital networks.
HISTORY
Electronic Commerce (or e-commerce) really
began as Electronic Data Interchange (EDI), the
application-to-application transfer of business
documents between computers. Many
companies use EDI to exchange business
documents. EDI uses telephone lines as a fast,
inexpensive, and safe method for sending
purchase orders, invoices, shipping notices,
and other frequently used business documents.
It eliminates the need for sending paper
documents via mail, faxes, or telexes. EDI is a
major contributor to creating a paperless office
environment.
Cont…
Companies that exchange documents by EDI
are called "trading partners". EDI requires that
its trading partners evaluate business
procedures and invest in and learn about
special software and hardware,
communications, standards, audit issues, and
legal support necessities. EDI does require
investment up front.
APPLICATIONS
Email
Enterprise content management
Instant messaging
Newsgroups
Online shopping and order tracking
Online banking
Online office suites
Domestic and international payment systems
Teleconferencing
Electronic tickets
TYPES
Business to Business (B2B)
Business to Consumer (B2C)
Consumer to Business (C2B)
Business to Employee (B2E)
Consumer to Consumer (C2C)
DRAWBACKS
Delivery time
Online safety
Hesitancy
BENEFITS
Benefits of E-Commerce to a small business
Benefits to organizations
Benefits to consumers
Benefits to society
LIMITATIONS
There is a lack of system security, reliability, standards, and
some communication protocols.
There is insufficient telecommunication bandwidth.
The software development tools are still evolving and
changing rapidly.
It is difficult to integrate the Internet and EC software with
some existing applications and databases.
Vendors may need special Web servers and other
infrastructures, in addition to the network servers.
Some EC software might not fit with some hardware, or may
be incompatible with some operating systems or other
components. As time passes, these limitations will lessen or
be overcome; appropriate planning can minimize their
impact.
CONCLUSION
Most of the disadvantages of electronic
commerce stem from the newness and the
rapidly developing pace of the underlying
technologies. These disadvantages will
disappear as electronic commerce matures
and becomes more available to and accepted
by the general population and takes E-
Commerce towards the winning post of a
challenging journey.
THANKYOU