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Presentation on Operations Aspect of E and M commerce. Talk on E commerce by Lucy. Background History The Internet is projected to grow faster than any other technology invented in human history. Electronic commerce has accounted for 1.3 % to 3.3%of the world's global domestic product in 2001. The biggest growth in Electronic commerce is expected to come from trading in software, education, entertainment, finance and other professional services. The term e-commerce is used widely across many disciplines, and is evolving at a rate equally as swift as the technology supporting the process. Some definitions broadly hold that e- commerce encompasses all electronically facilitated business processes, including data transfers among buyers, sellers, and various other supply chain entities. Other definitions such as IBM's "electronic business" definition include an internet-specific relationship wherein business processes are electronically facilitated through Internet technologies. However the simplest definition I found as a basis to understand e commerce is "transactions...

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