Information and Electronic Commerce :: Internet Net World Wide Web Media

Information and electronic CommerceThe communication variety, industrial revolution and now the electronic revolution affirm all made biography easier for us. Electronic commerce is a pocketable ingredient that has helped this electronic revolution get started, but does it really accommodate the entire population? Electronic commerce itself has had a major impact here in the U.S. with twain its people and its economy. It has made us look at trading in a different way, besides traditional trading of concrete materials, it involves military man trade of entertainment, information services, technical information now accounting well all over $40 billion of U.S. exports alone (Framework, pg. 3). E-commerce makes transferring information fast, easy, and cheap, but it also has its downfalls, and non everyone can be satisfied. Personal privacy is now becoming obsolete, puny businesses can now be managed by one person stellar(a) to the loss of potentiality jobs, and countries that argon non as technologically in advance(p) miss out in all the action.Unfortunately, collection, re-use, and instantaneous transmission of information-can, if not managed carefully, diminish personal privacy (Framework, pg. 16). E-commerce is a business itself that lets us survive more information about the providers, consumers, and people in general. This could be a great if you have a business and want everyone to know who you are and what you shit. Others can, however, take your information and use it for the wrong purpose, invading your privacy and exposing it. A great example is essays over the Internet. Other people take these and sell them to other students. This invades your property and does not help anyone. The student who wrote it probably did not see any of the money and the student who bought a copy did not learn about the subject. However, if you still want to market yourself electronically, you will have to sacrifice your privacy in one way or another.E-commerce has helped bitty businesses to flourish. Approximately 85% of existing businesses are categorized as small businesses, and approximately 85% of these are owned and operated by a whizz single(a) (Electronic, pg. 120). This can ultimately lead to a loss of potential jobs. E-commerce facilitates business transactions so much that you no longer take in a lot of people doing other work for you. Before a single individual could not handle a business, they would have to necessitate someone else to do different tasks. Now a single individual can make all the money, and all the others have lost a job.