1. Is ecommerece the likely channel of future
... be revised upward. In May 1998, for example, the International Data Corp. estimated the e-commerce market would reach $333 billion in 2002; half a year later the estimate was at $400 billion and rising. ECommerce also provides a way for the merchant to connect his customers, vendors, suppliers and employees all over the world. He can enable his business or organization to ... far less expensive than alternatives such as electronic data interchange. Web-based commerce can also streamline processing, facilitate branding, and lead to greater customer satisfaction. "There is a still a perce...
- Word Count: 1607
- Approx Pages: 6
- Grade Level: Undergraduate