Introduction to Ecommerce

Ecommerce or electronic commerce refers to “commercial transactions conducted electronically on the Internet.” (Dictionary, http://dictionary.reference.com/browse/ecommerce).  E-commerce has an extensive impact on the economy.  There are several issues as well as opportunities that must be addressed upon studying e-commerce.  Globalization is an important by-product of ecommerce that should also be explored.  Finally, it is essential to explore one’s personal experiences and habits when using the Internet to complete transactions.  Ecommerce has evolved a lot in the past five years, in terms of technology, security and other aspects, and, ecommerce as we know it now, will continue to evolve. (Trastour, Bartolini, Preist. http://www2002.org/CDROM/refereed/211/)