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The Internet and assurance services.
Member rating: No Rating | Words: | Submitted: Fri Sep 17 2004
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1.0 Introduction The Internet is the greatest business tool ever invented. Merchant, trading partners and Online retail shoppers can find greater selection, convenience, and lower prices on the Internet. Online businesses can reach millions of shoppers and business partners, provide 24 hours seven days a week of products and services, and better meet their customers individual needs. For these reasons, E-Commerce over the Internet has been growing. According to ActivMedia, e-commerce activity for 2000 will be $132 billion worldwide, which is twice as much as estimated for 1999. This figure includes revenues from B2C, B2B and Internet services. According to a study by eMarketer in April 2000, almost 34 million US households were actively using the Internet, and of that number 23.5 million or 69% have made a purchase. (http://www.cpawebtrust.org/online.htm) However, despite the Internet's many advantages and opportunities, it also raises some new risks for businesses and has some customers worried. The...
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