Electronic Commerce on Internet

Electronic Commerce on Internet

• Traditional Commerce (70's)
  • Manual Transactions, Non-Computer-Based
• Traditional Electronic Commerce (80's)
  • Electronic Document Interchange (EDI), Fax Transmission, Symbol Technology, Bar code, Inter-enterprise Messaging, File Transfer
  • relied for the most part on value-added networks (VANs) and private messaging networks.
  • Characterized by relatively high costs and limited connectivity.
• Electronic Commerce on Internet (90's)
  • Worldwide Connectivity
  • Relatively Inexpensive
  • Drawback
    • No Central Authority of Management
    • Questionable Reliability

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