www.sharexxx.net - free books & magazines
www.sharexxx.net - free books & magazines
www.sharexxx.net - free books & magazines
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
54 Erwin and Singh<br />
The first e-commerce applications were started in the early 1970s. The original<br />
applications were in the form of electronic fund transfers (EFT). These applications<br />
were limited to larger corporations and financial institutions (Turban et al., 2000).<br />
This type of transaction later included electronic data interchange (EDI). There is<br />
a marked difference between EDI and e-commerce in that e-commerce involves<br />
Table 2: Definitions of E-Commerce<br />
Author Definition/Approach/Description<br />
Mclaren and Mclaren, Any electronic business transaction or exchange of information<br />
2000<br />
to conduct business.<br />
Greenstein and E-commerce is the exchange of products and services that<br />
Feinman, 2000 require transportation, via some form of telecommunication<br />
medium from one location to another. Electronic business is<br />
defined as the exchange of information and customer support.<br />
The activities supporting, for example, the exchange of<br />
information and provision of customer support are not strictly<br />
speaking ‘commerce’ activities, but can be referred to as<br />
‘business’ activities.<br />
Ford and Baum, 1997 See e-commerce as an umbrella term that includes automated<br />
business transactions, online purchases, electronic forms and<br />
industrial inventory control transactions. They conclude the ecommerce<br />
represents a broad range of technologies, is socially<br />
accepted and is expected to be used.<br />
Turban et al., 2001 Business done online; the exchange of products, services and<br />
money with the support of computers and computer <strong>net</strong>works<br />
Whitten et al., 2001 Involves conducting both internal and external business over the<br />
Inter<strong>net</strong>, intra<strong>net</strong> and extra<strong>net</strong>s. Electronic commerce includes<br />
the buying and selling of goods and services, the transfer of<br />
funds and the simplification of day-to-day business processes -<br />
all through digital communication.<br />
U.S. Department of Business processes which shift transactions to the Inter<strong>net</strong> or<br />
Commerce, 1999 some other non-proprietary, Web-based system.<br />
Turban et al, 2000 Electronic commerce is an emerging concept that describes the<br />
process of buying and selling or exchanging products, services<br />
and information via computer <strong>net</strong>works, including the Inter<strong>net</strong>.<br />
Copyright © 2003, Idea Group Inc. Copying or distributing in print or electronic forms without written<br />
permission of Idea Group Inc. is prohibited.