Jerome Lauzon | What is Electronic Commerce?

What is Electronic Commerce? Electronic commerce (e-commerce) is the management of online business processes on the Web, Internet, Extranet, or a combination thereof. Jerome Lauzon says These customers-, internally-, and management-focused business processes include buying and selling goods and services, serving customers, processing payments, managing production and supply chains, collaborating with business partners, exchanging information, operating automated employee services, and recruiting employees. E-commerce is similar to e-commerce but involves much more than online shopping transactions. Functions and services range from the development of intranets and extranets to the provision of electronic services over the Internet by application service providers. Businesses engage in e-commerce to purchase parts and consumables from other businesses, collaborate on promotions, and conduct research together. Cybersecurity has taken root in e-commerce thro...