WEEK 12 - Chapter 9
E-business and E-commerce has taking off at the speed of lightning. E-commerce refers to the buying and selling of products online. There are different types – depending what and where the end product is (B2C, B2B, C2C, B2E ) Commerce mechanisms include catalogues, electronic auctions, e-store fronts, e-marketplaces etc. we are no quite happy to browse and look, because we can by electronically as well - while E-business is the activities across the board that takes place including procurement, monetary transactions, websites, applications etc. There are a number of ethical and legal issues in e-business. Privacy and job losses are two major ethical issues – buyer’s information is stored and is available through tracking. How does it add to job losses. Legal issues specific to E-commerce are internet fraud, uniqueness of Domain names and Cybersquatting that goes along with domain names. Also taxes and other fees – spen...