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E-Commerce and International Business

E-Commerce and International Business

One of the major buzz words of the last decade of the 20th century was “e-commerce”. With the rise of mega online stores like, online auctions such as ebay, credit cards, plastic money and payment gateways such as PayPal the consumerism of the masses was taken to a whole different playing field. For the first time in history, people could buy stuff from the comfort of their homes or while having lunch in their workplaces. “Electronic commerce (EC) is the process of buying, selling, transferring, or exchanging products, services, and/or information via computer networks, mostly the Internet and intranets” This roughly means that e-commerce concentrates on getting the orders and the payments from the customers into a business. All other operations we conducted as usual in an... Show More


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