E-commerce

1. E-commerce Members:潘智萍、潘丽君、邵雪丽、顾佳妮

2. As can be seen from the chart, annual global electronic commerce transactions are increasing gradually from 1996 to 2003. In 1996, the volume of these transactions is US$2.5 billion, while the number reaches US$l, 250 billion in 2003--that's 500 times of that in 1996. Why is electronic commerce booming nowadays?

3. Several factors contribute to this phenomenon. First, the availability of computer is the foremost cause. The rapid development of computer technology enables everybody to have access to computers and the Internet. Secondly, the technology of the Internet is becoming more and more mature. People who at first did not trust business transactions on the Internet now become convinced that doing business on the Internet is not only convenient and effective, but also safe. Thirdly, electronic commerce is the fastest way so far to make transactions across far distance. It makes it possible lo do business at home, which saves time and unnecessary formalities as well. That is why electronic commerce is preferable to traditional commerce.

4. electronic commerce undoubtedly contributes to the prosperity of world economy and it also gives birth to SOHO, a special group of people working at home. The trend towards promising e-commerce is inevitable. Therefore let’s get prepared to embrace this irretrievable trend.

5. The End • Thanks For Appreciating