|
Broadly, the buying and selling of goods and service on the
internet. With the possible exception of pornography, no other area of the
internet has attracted more attention than retail e-commerce. The rise of
companies such as amazon and ebay has alerted the public to the
possibilities of electronic shopping. The real money, though, is likely to
be made in the business-to-business sector, where companies can save money
and streamline processes by automating procurement, negotiating deals
electronically, reducing transaction costs and managing supply chains. (see
also b2c.) |
