DEFINITION OF E-COMMERCE E-commerce is about doing business electronically and encompasses many diverse
activities both in
the business to business market and in business to consumer market.
Activities in E-commerce include electronic trading of goods and services. Where does e-commerce begin…. E-commerce, whether indirect or direct, is a layer (or several) above the actual infrastructure. It can consist of any range of activities unique to the needs or demands of specific consumer or user groups. E.g., On-line business activities E.g., On-line information sources ADVANTAGES OF E-COMMERCE E-commerce has increased the reach of business firm. E-commerce helps the firm to establish direct contacts with the
customers. E-commerce allows the firm to focus on specific types of customers. With the help of E-commerce customers need not visit the commercial stores . DISADVANTAGES OF E-COMMERCE Lack of knowledge about E-commerce among people. Lack of confidence among customer related to delivery of goods. Security problem is a big issue for online business. There is high amount of risk involved in initial start up of an organization in E-commerce. E-Commerce Security Authorization, Access Control: protect intranet from hordes: Firewalls Confidentiality, Data Integrity: protect contents against snoopers: Encryption Authentication: both parties prove identity before starting transaction: Digital certificates Non-repudiation: proof that the document originated by you & you only: Digital signature BASIC REQUIRMENTS FOR E-COMMERCE Effective Telecommunication System. Well Designed Websites Adequate computer hardware. Technically Qualified and Responsive Personnel. THANK YOU