====================================E-COMMERCE TO M-COMMERCE
Electronic commerce or e-commerce consist primarily of the distributing, buying salvingmarketing, and servicing of products or services over electronic systems such as theinternet and other computer networks. The information technology industry might see itas an electronic business application aimed at commercial transactions. It can involveelectronic funds transfer, supply change management; e-marketing, on line marketing,online transaction processing, electronic data interchanged, automated inventorymanagement systems and automated data collection systems. It typically uses electroniccommunications technology such as the internet, extranets, e-mail, e-books, data basesand mobile phones.
or e-business is any business process that is empowered by aninformation system. Today this is mostly done with the web-based technologies, the terme-business’ was coined by Lou Gerstner, CEO of IBM.Electronic business methods enables companies to link their internal and externalprocesses more efficiently and flexibly, work more closely with suppliers and partners tobetter satisfy the needs and expectations of their costumers.In practice, this involves the introduction of new revenue streams through the use of e-commerce, the enhancement of relationships between clients and partners and improvingefficiency from using knowledge management system. E-business can be conducted over the public internet, through internal internets and over secure private extranets.It is more than just e-commerce. It covers business processes along the whole valuechain: electronic purchasing (“e-procurement”) & supply chain management, processingorders electronically, Customer service & corporation with business partners. Thisapplies to traditional & virtual organization. Special technical standards e-businessfacilitates the exchange of data between companies.