Characteristics of Credit Cards:- The main characteristics or features of a credit card are listed as follows: Alternative to cash:- A credit card is a better alternative to cash. It removes the worry of carrying various currencies to pay at the different trade counters. It is easy and fast to use a credit card rather … Read more
The Intellectual property encompasses all the tangible and intangible products of the human mind. As a general rule, the creator of intellectual property owns it. For example, if you personally create an e-commerce site, it belongs entirely to you have exclusive rights to use this property in any lawful way you see fit. But the … Read more
The knowledge society is a society whose economy depends upon the knowledge of their citizens and the success of this society is dependent on the innovation and creativity of the citizens. It is a society in which the generation, diffusion, and exploitation of knowledge play a major role in the creation of a nation’s wealth. … Read more
Traditional Commerce:- Traditional commerce is that which involves a great number of processes I addition to buying and selling transaction such as information exchange, identification of items or services, buying, payment, delivery customer support, marketing feedback, manufacturing of new products and their distribution. E-commerce:-E-commerce refers to a wide range of online business activities for products and … Read more
Electronic data interchange (EDI) Is the electronic exchange of business documents in standard, computer-processable, universally accepted format between the business partners. Electronic Data Interchange (EDI) EDI may be defined as the transmission of business data in a structured, electronic format from a computer application in one business format from a computer application in one business … Read more
e-Market:- Basically, an electronic market is a website where companies can buy from and sell to each other using a common technology platform. They are the commerce sites on the internet that allow a large number of buyers and suppliers to meet and trade with each other. They are also known as electronic marketplaces, online … Read more
Advantages of a smart card:- Following are the advantages of a smart card:- More secure:- Smart cards offer more security and confidentiality than any other financial or transaction card on the market. They use encryption and authentication technology which is more secure than previous methods associated with payment cards. Safe to transport:- Another advantage to … Read more
“Information warfare refers to the conflict between two Information or more groups in the information environment. The main purpose of information warfare is the deletion of critical information. It is performed by insiders, terrorists, hackers, criminals, etc. The target of information warfare is to gain information superiority.” Types of Information Warfare Information Warfare at … Read more
“Information warfare refers to the conflict between two Information or more groups in the information environment. The main purpose of information warfare is the deletion of critical information. It is performed by insiders, terrorists, hackers, criminals, etc. The target of information warfare is to gain information superiority.” Information warfare refers to creating chaos by damaging … Read more
Credit Transaction Trade Cycle:- Most inter-organizational trade transactions take place as a part of an established, ongoing trade relationship. The trade cycle for inter-organizational transactions is generally a credit trade cycle. The stages in the credit trade cycle are: Pre-sales:- Before trading starts, the two organizations need to make contact (search) and agree on trading … Read more