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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