Answered: E-commerce has seen explosive growth in…

E-commerce has seen explosive growth in recent years. What are the most important reasons for this trend? Will it continue? Why or why not?

Fundamentals of Information Systems

9th Edition

ISBN:9781337097536

Author:Ralph Stair, George Reynolds

Publisher:Ralph Stair, George Reynolds

Chapter5: Electronic Commerce And Enterprise Systems

Section: Chapter Questions

Problem 2RQ

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Concept explainers

Electronic Business Fundamentals

Electronic business uses electronic, computing, and internet-based technologies to replace the existing traditional methods of doing a business. The aim is to add or use more efficient and effective methods to the business and eliminate ineffective methods of the organization's supply chain and value chains. The business resources such as human resources, materials, money, and time are redistributed to increase the revenue and profits of customers and suppliers.

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