Knowledge of the fundamentals of eCommerce

 

Demonstrate a knowledge of the fundamentals of eCommerce
Discuss the role of eCommerce in practical business applications
Assess eCommerce influence on businesses and how it provides a competitive advantage
Prompt:
In the context of an e-Business application, explain the technology classes of Aspect-Oriented, Advanced Platform, Internet & Web, and Function-Oriented. Use examples to illustrate.
Instructions:
Response should be approximately 2-3 pages (not counting the cover page and references page), supported with credible references and corresponding in-text citations, all in APA format.
You must submit your assignment as a Word (.doc, .docx) attachment on the Assignments tab for the week. Assignments submitted in any other manner will not be accepted.

Sample Solution

E-commerce involves buying and selling products or services on the internet. Today, many companies move from traditional transaction methods to electronic methods. You use e-commerce to support traditional methods, create more business opportunities and achieve competitive market advantages. E-commerce is widely applied in all types of business to improve efficiency. In today`s digital era, organizations can automate the inventory of goods, process orders and accept payments without handwork. Modern e-business practices allow e-commerce stores, logistics centers and other product-based companies to gather information faster and have better control over their goods. E-commerce influences business by giving an opportunity to choose a business model.

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