Online business commerce

Electronic marketplace/E-commerce In addition to the many databases available and person-to-person contacts, E-commerce in plastics has been conducted through suppliers web sites or the dot-commerce independent web sites that link material buyers with sellers in transactions or auction formats. During the year 2000 five plastic producers/suppliers and various elastomer producers/suppliers created a new and important business model of a joint-venture web site. It provides multiple companies to join forces to do business. This is a strategy some observers call competition and others regard as just another form of selling in. an electronic format. Regardless of how it is perceived, the model will help propel e-commerce into the mainstream of processor procurement due to the size and wealth of the companies involved. The plastic model example is the largest online business-to-business site todate. 

Another good source of information is online news sites, such as zvww.cnn.com, www.msnbc.com, or www.thestreet.com, a financial news website. These sites give you the freedom to search their archives, some of which are quite comprehensive, for articles on business and commerce. The best part about these sites is that the information is available free of charge. 

The business use of the Internet and electronic commerce enables online firms to reap the benefits of EDI at lower cost. The ultimate fast-response distribution system is instantaneous online delivery, a goal that a few e-businesses in select industries have already achieved. By their very nature, on-demand Internet audio and video services have no delay in reaching customers. In these examples, the efficiency stems from highly automated and integrated distribution mechanisms rather than from the elimination of distribution channels as in more traditional industries. 

Forrester Research, Inc. expects that business-to-consumer online sales will reach 184.5 hUhon in 2004 and business-to-business e-commerce will grow to 1.33 trilUon by 2003 (see, e.g., Massie 2000). The explosion of e-commerce will change the way the company distributes its products due to an increasing number of small, unpredictable orders for individual customers. E-commerce requires that warehouses deal with unit quantities of inventories rather than pallet loads of inventories and subsequently accommodate high frequency of small parcel delivery services. Because the role of warehouses has become more of flow-through transshipment facilities intended for quick order fulfillment and product return than traditional storage facdities, their locations need to be dispersed in... 

E-commerce Electronic commerce has come to mean many different things to many different people. Originally, the term meant selling things online. The term has evolved to mean conducting business online, which can include customer service functions, sales, marketing, public relations, advertising, and more. 

PayPal was initially founded in 1998 in Palo Alto, California, and like many other original U.S.-based tech companies, it has long since expanded its operations worldwide. PayPal has locations in Berlin, Tel Aviv, Dublin, Luxembourg, and China. Its purpose is to facilitate the processing of online payments for various e-commerce businesses. 

Priceline.com, located in Norwalk, Connecticut, developed its name-your-own-price system for its online auction type of business and has grown since it emerged in 1998. Visitors to the Web site can list the price they want to pay for travel-related services and items, including hotels, vacation packages, cruises, airplane tickets, and car rentals. Although it briefly tried to expand on its e-commerce activities to include home loans, long-distance telephone service, and cars, it discontinued these ventures in 2002 and has continued to excel in travel-related services. Its... 

Commerce includes platforms such as portals for online buying and selling, which provide clinical and business transactions capability for treatments, lab tests, invoicing, ordering, and payments. Online care is the capability to provide interactions between physicians, as diagnosis and treatments often require ability to extract expert knowledge available within specialist domains. 

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