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Electronic commerce, commonly known as e-commerce or eCommerce, consists of the buying and selling of products or services over electronic systems such as the Internet and other computer networks. Business activities that are strong candidates for conversion to e-commerce are paper based, time-consuming, and inconvenient for customers. This is why some of the first business processes that companies converted to an e-commerce model were those related to buying and selling. A wide variety of commerce is conducted in this way, spurring and drawing on innovations in electronic funds transfer, supply chain management, Internet marketing, online transaction processing, electronic data interchange (EDI), inventory management systems, and automated data collection systems. Modern electronic commerce typically uses the World Wide Web at least at some point in the transaction's lifecycle, although it can encompass a wider range of technologies such as e-mail as well. Business-to-business......

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Approximate Word Count: 676
Approximate Pages: 3 (250 words per double-spaced page)

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