Definition of Internet Commerce
The internet is redefining relations between businesses and consumers enabling companies to sell their products and services around the globe on an unprecedented scale.
Shoppers can buy online at their convenience at any time and from anywhere.
It is necessary to distinguish terms e-commerce, e-business and internet commerce at the very start of the discussion.
There is a range of definitions for e-commerce relative to its perspective, may it be communications, business process, service or in the context of on-line business.
E-commerce can be defined as “the buying and selling of information, products and services via computer networks”.
While e-commerce encompass business activities that is conducted electronically, such as using the world wide web, the multimedia interactive component of the internet, telephone lines, leased lines and wireless, e-business can be understood as a superior set which extends the understanding of e-commerce to reflect the vision of the organization.
The goods or services are ordered over the internet, but the payment or ultimate delivery of the good or service may be conducted on or off line.
Internet or the information superhighway, has been well understood as the enabler or the enabling technology.
Subsequently, internet commerce refers to the marketing, selling and buying of products and services on the internet.
Definition of Internet Commerce
Monday, August 30, 2010
Friday, July 23, 2010
Misappropriation or Theft of Information
Misappropriation or Theft of Information
The protection of economically valuable data or information, whether proprietary or not, from competitors or potential misuse is an important aspect of the growth and market power of modern companies.
A range of civil an criminal law remedies are available in national legislation to safeguard such information.
The more well known type of loss of information is through plain theft by an insider or a hacker. In the context of internet, there are programs that are capable of retrieving information from a computer, without the user’s knowledge ands ending it to a hacker’s own site.
Any encrypted protective device will be broken by the hacker first before files are stolen. Such programs obviously pose a serious risk of loss of valuable data or information.
Other forms of loss of information are disclosure, whether deliberately or not, by employees or contractual parties or through lapse or oversight of the company.
The disgruntled employee or ne who is offered bribes for passing on secrets is very much the typical miscreant.
Not unexpectedly, although any information of a confidential nature is protected from theft or unauthorized disclosure under laws of one kind of another, the specific laws in each nation differ widely.
Besides the legal redress available under trade secret law, law of confidentiality or other IP laws that pertain to propriety information, there are a range of other laws.
The main legal instrument increasingly being adopted by nations is computer misuse or crime law.
Misappropriation or Theft of Information
The protection of economically valuable data or information, whether proprietary or not, from competitors or potential misuse is an important aspect of the growth and market power of modern companies.
A range of civil an criminal law remedies are available in national legislation to safeguard such information.
The more well known type of loss of information is through plain theft by an insider or a hacker. In the context of internet, there are programs that are capable of retrieving information from a computer, without the user’s knowledge ands ending it to a hacker’s own site.
Any encrypted protective device will be broken by the hacker first before files are stolen. Such programs obviously pose a serious risk of loss of valuable data or information.
Other forms of loss of information are disclosure, whether deliberately or not, by employees or contractual parties or through lapse or oversight of the company.
The disgruntled employee or ne who is offered bribes for passing on secrets is very much the typical miscreant.
Not unexpectedly, although any information of a confidential nature is protected from theft or unauthorized disclosure under laws of one kind of another, the specific laws in each nation differ widely.
Besides the legal redress available under trade secret law, law of confidentiality or other IP laws that pertain to propriety information, there are a range of other laws.
The main legal instrument increasingly being adopted by nations is computer misuse or crime law.
Misappropriation or Theft of Information
Thursday, June 10, 2010
Trends in E-Business
Trends in E-Business
While there are many technical and business trends hare are few important ones.
E-business is crucial to business success
It is being proved in industry after industry that you must do e-business in order to be profitable, grow and even survives. E-business had proved to be more long lasting than the fad of reengineering, for example.
Technology focus is on e-business
If your consider the activities of the hardware, software and network vendors, they are directed toward providing the tools for e-business.
To them E-business is a natural extension of their products and services. In addition, new technology offers greater support for wireless and land based communications and networking – keys to the capability to do e-business.
E-business produces cumulative effects
E-business is long lasting. As you implement e-business, the nature of your relationship with customers, suppliers, and employees changes.
New dynamic forces are set loose that are not as not easily controlled and dealt with as compared to those of the standard internal business.
Dependency on business departments continues, but there is a greater dependence on IT resources.
E-business implementation results in many successes and failures
The literature abounds with examples of both success and failure. Failure tends to be more obvious and dramatic with e-business because is more visible externally.
Trends in E-Business
While there are many technical and business trends hare are few important ones.
E-business is crucial to business success
It is being proved in industry after industry that you must do e-business in order to be profitable, grow and even survives. E-business had proved to be more long lasting than the fad of reengineering, for example.
Technology focus is on e-business
If your consider the activities of the hardware, software and network vendors, they are directed toward providing the tools for e-business.
To them E-business is a natural extension of their products and services. In addition, new technology offers greater support for wireless and land based communications and networking – keys to the capability to do e-business.
E-business produces cumulative effects
E-business is long lasting. As you implement e-business, the nature of your relationship with customers, suppliers, and employees changes.
New dynamic forces are set loose that are not as not easily controlled and dealt with as compared to those of the standard internal business.
Dependency on business departments continues, but there is a greater dependence on IT resources.
E-business implementation results in many successes and failures
The literature abounds with examples of both success and failure. Failure tends to be more obvious and dramatic with e-business because is more visible externally.
Trends in E-Business
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