Electronic Commerce Threats:- E-commerce involves the transaction of any kind of business done over an electronic system. This kind of business involves transactions that take place over the internet. E-commerce utilizes internal network that interface with the World Wide Web. The nature of this kind of business introduces internal and external risks to both the […]
Online businesses must be careful in their use of intellectual property. Intellectual Property Threats is a general term that includes all products of the human mind. These products can be tangible or intangible. Intellectual property rights include the protection afforded to individuals and companies by governments through governments’ granting of copyrights and patents, and through registration […]
A security policy is a written statement describing: Which assets to protect and why they are being protected? Who is responsible for that protection? Which behaviors are acceptable and which are not? The security policy primarily addresses physical security, network security, access authorizations, virus protection, and disaster recovery. The security policy is a living written […]
Purpose of EDI:- The purpose of EDI is to enable the exchange of the information for commercial transactions among information systems in different companies accurately, efficiently and economically. A number of standards for communication protocols and data formats have been developed for EDI in ISO (International Standardization Organization) and ANSI (American National Standard Institute). EDI […]
Characteristics of Electronic Markets:- Electronic markets are most useful when they are able to directly match buyers and sellers. But, in oligopolistic situations, sellers may determine the success of e–markets in the industry if they want to maintain an environment of lower volume, higher profit margin transactions. Consumer characteristics. Characteristic of Electronic Markets:- Cost reduction:- Electronic markets reduce […]
Advantages of Charge Card:- Following are the advantage of a charge card:- Charge cards are unlikely to lead to card debt problems as they need to be paid off in full every month. Many users find it easier to budget responsibly with a charge card as they are expected to pay back what they owe […]
When e-business started, the need for common standards was felt as there were many different types of computer systems and different ways of storing data. Since the sender and receiver in the EDI systems had to exchange business documents that could be interpreted by all parties, it became necessary to develop standards in EDI. Many […]
A charge card is like a credit card without the option to pay your balances off over time. With a charge card, you must pay the entire balance in full every month. Charge cards provide all the benefit of a credit card-convenience, rewards, fraud and purchase protection, etc. Without the freely available opportunity to overspend […]
E-COMMERCE BUSINESS:- E-Commerce refers to a wide range of online business activities for products and services. It also pertains to any form of business transaction in which the parties interact electronically rather than by physical exchanges or directs physical contact. E-COMMERCE BUSINESS Doing business online is known as e-commerce. E-commerce describes the buying and selling of products, services, […]
Internet commerce is the use of the Internet for all phases of creating and completing business transactions. It is a broad term covering all commercial activity on the internet, including auctioning, placing orders, making payments, transferring funds, and collaborating with trading partners. Internet commerce is not a synonym for e-commerce but it is one its […]
