Dictionary of E-Commerce

Electronic Commerce popularly called E-Commerce is often used interchangeably with the term "E-Business".  In reality, E-business carries a much broader sense rather than just the shopping.  Some people also use the term "Internet Commerce" to mean electronic commerce that specifically uses the Internet or the web for data transmission.  In its simplest form, it refers to shopping on the part of the Internet called the World Wide Web or the Web.  But web shopping is only a small part of the E-Commerce picture.  The term also includes online stock transactions, downloading software without going near a store, etc.  For most businesses, it’s not really about selling at all but about improving relationships among suppliers, distributors and customers.  Electronic Commerce can be defined as any form of computerized buying and selling, both by consumers and from company to company, which facilitates choosing the goods, ordering, delivery, after sales support and payment.  E-Commerce is shrinking the world.  Distant markets suddenly are within easy reach, saving business time and money, prospecting and presenting new business opportunities based on better and more thorough information.  Keeping in view the rapidly growing importance of e-commerce, the present dictionary is prepared.  The terms are judiciously selected and defined accurately and explained.  Substantially based on authoritative sources, this can be used as a dependable reference tool.