Categories Of E-Commerce

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E-Commerce

Introduction

E-Commerce has now become common use throughout the world; it involves making it easier for individuals and businesses to exchange goods and services on-line. E-Commerce arose from the Internet, which can be used to communicate and collaborate, search, access and retrieve information, participate in on-line discussion, provide information, share information, find entertainment, and carry out business transactions and financial transactions. E-Commerce also includes all company functions like marketing, finance manufacturing, selling and negotiation. E-Commerce is carried out by the use of e-mail, EDI, file transfers, fax and videoconference.

Categories Of E-Commerce

There are four main categories of E-Commerce: -

1. Business-To-Business (B2B)

This is a transaction between two businesses an example of this is a company using the Internet to place an order from suppliers or retailers. The company will receive electronic invoices and make e-payments.

Corus (www.corusgroup.com)

Corus deal with automotive and construction and have had a long and successful era under British steel but are still yet to prove themselves under Corus. The Corus web site is for specific Business-To-Business E-Commerce. The web site works by promoting the company and it's image in