E-Commerce ( electronic commerce)
- The buying and selling of products and services by businesses and consumers through an electronic medium, without using any paper documents. E-commerce is widely considered the buying and selling of products over the Internet, but any transaction that is completed solely through electronic measures can be considered e-commerce.
- E-commerce is subdivided into three categories: business to business or B2B (ex.cisco), business to consumer or B2C (ex.Amazon), and consumer to consumer or C2C (ex.eBay).
- E-commerce is the use of electronic communications and digital information processing technology in business transactions to create, transform, and redefine relationships for value creation between or among organizations, and between organizations and individuals.
