E-Commerce is the buying and selling of products using an electronic service. Discuss.
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E-Commerce Electronic Commerce, also known as E-Commerce is the buying and selling of products using an electronic service e.g. internet. More and more people everyday are buying over the internet as it is a much easier way of shopping for the things that you want. E-Commerce covers a lot of things such as electronic funds transfer, supply chain management, Internet marketing, online transaction processing, electronic data interchange (EDI), inventory management systems, and automated data collection systems. However, it isn't only buying products from a certain site e.g. Amazon, EBay but also upgrading an account from a standard to a premium account such as Megavideo.
It all starts from the customer buying the product from their computer off an E-Commerce website. This is then processed through the World Wide Web and inserted into the shopping cart program. The customer then is lead to the payment gateway to pay for their product using their bank card. After completing this part of the transaction, the payment is put through the World Wide Web and forwarded to the bank so that the money and details can be sent off and confirmed. There are a lot of people on the internet that are looking for your personal details and credit card numbers.
Using a username and password system also helps companies keep your details safe secure. ADVANTAGES DISADVANTAGES You can shop anytime you want, 365 days a year, 24 hours a day. Security concerns with personal information and money You can shop from the comfort of your own home Might receive a faulty product You can compare prices between more than one shop You might not receive the item you ordered Elderly and disabled can purchase with ease You must be at home to receive the item Buy from different countries Might get damaged in the post No crowds to deal with If website goes down, no orders can be placed No heavy bags to carry A lot of online fraud E-Commerce is a good way in which you can buy and sell things online.
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Here's what a star student thought of this essay
Response to the question
In summary, the report is OK as the report has the bare bones. However there is necessary detail which isn't included, and there isn't any case studies linking to the background understanding. The report clearly states how websites use data ...Read full review
Response to the question
In summary, the report is OK as the report has the bare bones. However there is necessary detail which isn't included, and there isn't any case studies linking to the background understanding. The report clearly states how websites use data encryption to scramble the users data to prevent unlawful access. The writing is quite good, however to achieve high marks the student could justify the reason why websites undertake this action. For example the student could state 'Websites use data encryption to protect other people from acquiring sensitive data which may cause damage to the user's day-to-day living standard, as an unauthentic person could potentially purchase large quantities of a product/service using their details. This is known as identify fraud.'.
Level of analysis
The report doesn't contain any real examples/case studies, which would allow the student to link their background understanding to a real situation in an commercial environment. At the bottom of the report, it states 'E-Commerce is a good way in which you can buy and sell things on-line.', however the student hasn't described why it's 'good'. Giving opinion in fine, as long as it can be backed up, with using some of the background information. Such as 'I believe eCommerce is good, due to that this allows consumer's to purchase products/services at competitive prices'.
Quality of writing
From the outset, the report states a number of technical terms which are explained in detail. As the report states 'Electronic Commerce, also known as E-Commerce is the buying and selling of products using an electronic service e.g. internet.' This is an good definition, as this explains eCommerce using a short straight to the point sentence.
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Reviewed by danielbeal 20/02/2012Read less
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