ecommerce
Member rating: No Rating | Words: 548 | Submitted: Tue Oct 30 2007
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Describe major barriers to and the incentives for the development of ecommerce. The advantage that e-commerce will provide is speed. The Internet and the World Wide Web gives opportunities to exchange messages. Even with the slowest connections, doing business electronically is much faster than traditional modes. With the increased speeds of communication, the delivery time is minimized. Also any product can be found for sale on the Internet. Information appearing on the Internet can be changed rapidly. This gives company the ability to inform customers of any changes to the service that they are offering. This also allows for them to update marketing and promotional materials. Savings the second advantage of electronic commerce many company offer to save on costs. By using the Internet, marketing, phone, postage and printing costs, can be reduced. Disadvantages of E - Commerce Privacy and Security is a main source of trouble is customer concerns with...

