Cybercrime refers to the technology-driven crimes that involve computer network for gaining unauthorized access. The term cybercrime is used to describe an unlawful activity in which computer or computing devices such as a smartphone, tablets Personal Digital Assistants (PDAs), etc. which are stand-alone or a part of a network are used as a tool or … Read more
Digital economy refers to an economy that is based on digital technologies. It is also known as the internet economy, the new economy, or web economy. The digital economy refers to a broad range of economic activities that use digitized information and knowledge as key factors of production, The internet, cloud computing, big data, and … Read more
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
Real-Time Analytics Tools:- There are some occasions where it is necessary that data is to be processed immediately So, in that case, a real-time system based on an online data processing system that has the capability of processing & updating computer files using terminal quickly enough to affect decision making. In a real-time system, all … Read more
System Implementation:- The term Implementation may be defined as “Implementation is the process of converting the manual or old computerized system with the newly developed system & making it operational, without disturbing the functioning of the organization.” System Implementation comprises the following 1. Creating computer compatible files 2. Training the people who are going to … 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