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Article #232: What is e-commerce?

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Electronic commerce, or e-commerce, business (B2B), business to consumer
refers to the use of the Internet at any (B2C), business to administration (B2A),
point during the buying and selling of business to employee (B2E) or customer to
goods. The term is commonly used to refer customer (C2C). These classifications can
to transactions where an actual payment be broken down into further sub-groups.
has been made online via a credit card. For example, a B2B activity could be a
But e-commerce also involves other online vertical e-marketplace that offers goods
activities such as marketing, or services to businesses within a
distribution and servicing of products specific industry segment. Alternatively,
over the Internet. E-commerce often it could be a horizontal e-marketplace
relies on technologies such as e-mail and that offers services to businesses
enterprise resource planning applications irrespective of industry segment.
for transaction completion and order E-commerce continues to grow in
fulfilment. popularity and a large amount of business
The term e-business is usually is transacted online every year. But it's
interchangeable with e-commerce. However, worth noting that it also presents many
some definitions treat e-commerce as a challenges for governments and regulatory
subset of e-business. In these cases, a bodies, which can also affect your
clear distinction is made between business. The United Kingdom has
transactions that involve the exchange of relatively clear e-commerce definitions
money online and those that don't. A and laws. But with its decentralised and
transaction where a payment is made complicated tax structure, the United
online is defined as e-commerce. And States still has a moratorium on new,
e-business is used to refer to all multiple or discriminatory Internet
non-fiscal online transactions that taxes. In 2000, an advisory commission on
facilitate and support the actual sale. e-commerce in the United States failed to
E-commerce can involve commercial reach a conclusive agreement on
activity between different interest e-commerce taxation.
groups. These could be business to






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