How does E-Commerce create business opportunities.
In the 21st century, the rapid development of information technology and the rapid increase in information exchange have brought new drives and innovative ideas to the whole society. The wide adoption of information technology by the community has led to great changes. These changes are not simply in the context of data processing or computing. They are changes which affect how we communicate with each other, how we organise our daily activities, how we educate the younger generation, and how we run business. The development and wide adoption of information technology, computer network and Internet have transformed the mode of operation of many businesses, and at the same time have brought along unprecedented business opportunities. Businesses are now able to conduct transactions across geographical boundaries, across time zones and at a high efficiency. E-Commerce has become the market trend of the Century. .
The Government of the Hong Kong Special Administrative Region is now doing her best to make Hong Kong a leading digital city in the Asia Pacific Region. Promotion of E-Commerce is one of the major tasks. The Information Technology and Broadcasting Bureau (ITBB) and the Information Technology Services Department (ITSD) therefore jointly produced this free-of-charge multi-media CD-ROM for the promotion of E-Commerce to Small and Medium Enterprises (SMEs) in Hong Kong. This CD-ROM contains two parts: an interactive CD-ROM section and a video section. The interactive section contains ten case studies of companies which have experiences in adopting E-Commerce and some other useful information related to E-Commerce. The video section contains interviews of four companies which have successfully adopted E-Commerce.
What's E-Commerce?.
E-Commerce is doing business through electronic media. It means using simple, fast and low-cost electronic communications to transact, without face to face meeting between the two parties of the transaction.