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Electronic Commerce (E-Commerce) By: Jennifer Hayworth

Electronic Commerce (E-Commerce) By: Jennifer Hayworth. Business activities that is electronically executed between parties, such as between two businesses or between a business and a consumer. Four Steps to Electronic Commerce. Synchronization Communication Application Navigation.

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Electronic Commerce (E-Commerce) By: Jennifer Hayworth

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  1. Electronic Commerce (E-Commerce)By: Jennifer Hayworth Business activities that is electronically executed between parties, such as between two businesses or between a business and a consumer

  2. Four Steps to Electronic Commerce • Synchronization • Communication • Application • Navigation

  3. Synchronization “When trading partners’ business systems agree on product master data, the transaction and reconciliation costs in each of their business go down.”

  4. Communication Information is being transferred from one point to another in the interest of furthering a trade

  5. Application Utilize applications to reduce costs and increase sales-with a data foundation in place

  6. Navigation Bring friends-gain critical mass for “transaction excellence”

  7. BYE!!

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