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Electronic Commerce
Part 1 of Paper
.... of these developments has been the internet. The Internet has already managed to weave itself into our daily lives where we use it for the simple communication of e-mail or to retrieving large volumes of information. More recently the Internet has been incorporated into businesses which have ranged from 'online' groce.... Part 2 of Paper
.... buys from the same electronic store. The capability to purchase products at ease from all over the world would eventually result in the weakening of international boundaries and increased trade between countries. For example when the machinery for one of General Electric's light-bulb factories broke down, GE would invite bids from four domestic suppliers. With the help of the Internet General Electric extended its bidding abroad, and awarded the contract to a Hungarian firm saving 20%. The Inte.... |
| Number of words: 691 - Approximate pages: 3 |
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