Thursday, October 17, 2019
- Electronic commerce and architecture Research Paper
- Electronic commerce and architecture - Research Paper Example This trend can be attributed to the fact that online shopping is efficient in terms of saving time and an opportunity to virtually draw meaningful comparisons on the various online shops available (Yue, DeSilva, Kim, Aktepe, Nagle, Boerger, Jain & Verma, 2009). Perhaps consumers are attracted by the fact that one can shop anywhere, anytime at leisure and pleasure even in the comfort of pajamas. Consumers have an easy time to search through various databases for goods and services. It is very easy to compare prices at the click of the mouse thus making purchases at best prices possible. Online vendors on the other hand have an easy time to interact with their clients thus a reduced need for intense advertisement. The history of e-commerce from which an interesting timeline can be generated, dates back to the emergence of the notion of selling and buying, computers, modems, cables, electricity and the internet (Slaughter, Levine, Ramesh, Pries-Heje, & Baskerville, 2006). It follows that e-commerce was introduced into the society with the timely emergence of the internet. Surprisingly, e-commerce and its related technology have been there for close to forty years. Today, it is very apparent how thousands of business establishments have continued to embrace websites. This paper seeks to highlight on the history of e-commerce and architecture from the time of its conception followed by its rapid development. Furthermore, the present and the future situation of e-commerce will also be discussed. Yue et al (2009) assert that the original definition of e-commerce was the process of making business transactions electronically from Electronic Fund Transfer (EFT) Electronic Data Interchange (EDI) in relation to the existing technologies. These technologies were first reported in the late 1970ââ¬â¢s. They enhanced information exchange and execution of business
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