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WHAT IS E-COMMERCE? Stands for: Electronic Commerce It’s basically a world of business online. But it’snot only selling and buying. There’s more to it thanjust Amazon or Ebay. It’s circulated around everything a business cando, but online, or “virtually.”
HOW E-COMMERCE ISGROWING? According to Heggins " Entrepreneurship is meant thatfunction of seeking investment and production opportunityorganizing and enterprise to undertake a new productionprocess, raising capital, having labor, arranging the supply ofraw materials, finding site and selecting to managers of day-to-day operations.
WHAT IS ? It’s basically a sort of money service, commonlymistaken to be a type of “online banking system”.
UNRELIABLE PayPal proved to be unreliable, as users put their confidence and trust in this company , while later on, they could easily become a victim of false transactions and money transfers.RELIABLE Reliability is how dependable one tends to be on an object.For a source of e-commerce to be reliable it must: • Provide a comfortable user interface for its users, so that they may easily use the program or website. • Have up-to-date data. •
INTEGRITY - For the system to have integrity, it must contain accurate data that is NOT tampered with. BUT IS THERE A SOLUTION? There is no full-proof solution, other than onlyusing trusted sites and services.
SECURITY ISSUE OF THEFT? • To what extent can a Identity theft occurs when someone service be trusted by its obtains your personal information, users? such as your credit card data or • Does the service take Social Security number, to commit the appropriate fraud or other crimes. measures to keep its users information protected and kept only WHAT U CAN DO; for uses agreed by the user themselves? Protect your information. These are the questions to ~Erase login information (usually rate the security of a stored in the cache of a browser), service. change passwords occasionally and frequently. ~Use your credit card instead of online PRIVACY? payment services (eg: PayPal). ~Use familiar websites with security control. There are scams of phising
AUTHENTICITY If hackers obtain enough data (Login information and credit card number), they basically provide the service enough authenticity to log in and use your account.You can use online payment services and by keeping yourfirewall on, it could also prevent any more future access toyour computer and the information you have stored in it.
DIGITAL DIVIDEEQUALITY OF ACCESSNot everyone has access to the internet… So the online services and the whole working of e-commerceis limited to those who DO have access to such resources, leaving alarge population out of their usage.
POLICIES Rules made by the services to encourage appropriate use,and discourage inappropriate use. From Amazon.
PEOPLE AND MACHINESInstead of : We can do it all in online :3