PM Commerce
E-COMMERCE
V SEMESTER
(UG-CCSS –
SDE) OPEN
COURSE
(For candidates with Programmes
other than BBA and B Com)
(2011 Admission)
UNIVERSITY OF CALICUT
SCHOOL OF DISTANCE EDUCATION
Calicut university P.O, Malappuram Kerala, India 673 635.
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,9/18/24, 2:46 Open course E-
PM Commerce
School of Distance Education
UNIVERSITY OF CALICUT
SCHOOL OF DISTANCE EDUCATION
STUDY MATERIAL
Open Course
(For candidates with Programmes other than BBA and B Com)
V Semester
E-COMMERCE
Prepared by: Baijumon. P,
Assistant Professor,
Govt College, Malappuram
Scrutinized by: Dr. K. Venugopalan,
Associate Professor,
Department of Commerce,
Govt. College, Madappally.
Layout: Computer Section, SDE
©
Reserved
E-Commerce Page 2
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,9/18/24, 2:46 Open course E-
PM Commerce
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, 9/18/24, 2:46 Open course E-
PM Commerce
School of Distance Education
MODULE 1
INTRODUCTION TO E-COMMERCE
E-Commerce is a latest technology related with commerce and
computer. Commerce is the exchange or transformation or buying and selling of
entities (goods or commodities) on a very large scale involving transportation from
one place to another. [Webster ]E- Commerce is the process of doing business
online. Or we can say that E-commerce is to conduct business by using the IT
(Information technology, i.e., computer technology and electronic communication)
it is the buying and selling of items or goods or services on the Web using
electronic communication and digital information processing technology.EDI or
Electronic Data Interchange is an early form of e-commerce. Its high cost, use of
proprietary standards etc. hampered the spread of e-commerce.
E-commerce is the process of doing business electronic. It changes the
entire business scenario due to the powerful innovation of Internet, which is
spreading fast through the world. The power of Internet as a global access was
felt with the introduction of the World Wide Web (WWW) in 1994. This global
network makes global relations with the companies made easier. It is predicted
that, in the near future the digital economy will overtake the traditional economy
of all developed countries.
E-commerce is a composite of technologies process and business strategies
that foster the instant exchange of information within between organization. E-
commerce strengthens relationship with buyers make it easier to attract new
customer, improves customer responsiveness and open new markets on a global
scale. E-commerce is the application of various communication technologies to
provide the automated exchange of business information with internal and
external customer, suppliers and financial institutions
E-commerce V/s Traditional Commerce
E-commerce is an extension of traditional commerce, which is concerned
with the activities of business, industry and trade including the exchange of
goods, services, information and money. It has the same essential ingredients of
ordinary commerce. The major difference between e-commerce and commerce is
that with e-commerce, these exchanges of goods and services are carried out over
the web instead t of the traditional physical act of going to a trader for goods and
services. Now that a large number of people have access to the internet and it is a
good platform for the development of e-commerce. Successful E-commerce
strategies allow organizations distinct advantages in terms of both cost and
revenues- the fundamentals of all business. This is because cost can be cut
immensely as retail outlets are not required. Most of the cost associated with
traditional high capital business is eliminated and or transformed into profit in
the Internet environment.
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