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Monday 8 August 2011

Digital Commerce (Internet)

Digital age has brought about a radical change all over the world in business and industries. Digital technology favorably affected the business world through computers and laptops taking advantage of wonderful technology of Internet.

If a management of a company does not adopt web and Internet it will be nowhere in the business world.

Internet is extremely boundless technology-based web of Internet contains a reservoir of countless amount of information,data, news messages, ads, reports, entertainment, statistics , and communication.

The use and utility of Internet has surged with the development of world wide web (WWW).
  •  Intranet : It is the form of Internet when it is used within an organization for dispensing and receiving information, policies, rules, assignments, feedback and lots of other data necessary for running the Internet organization.

        Extranet: This form of Internet connects the company with the outside world including    
        customers, suppliers, bank, tax authorities and other. 
  • E-Commerce: is wider in scope then e-commerce which is limited to buying and selling and related activities. It includes E-Marketing, E-Buying and E-Selling. It is doing business online. Buyers browse through information about products, brands, price, set their choice on a particular brand of product, place the order, and make payment using credit card or other electronic payment system.  

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