Saturday, September 5, 2009

The introduction: what is e-commerce?

Basically, e-commerce (electronic commerce) is the online transaction of business,where it features a link between computer systems of the vendor, host and buyer or in other words it also can be refer as the buying and selling of goods and services on the Internet.

A more complete definition is: E-commerce is the use of electronic communications and digital information processing technology in business transactions to create, transform, and redefine relationships for value creation between or among organizations, and between organizations and individuals.(Emmanuel Lallana, Rudy Quimbo, Zorayda RuthAndam, ePrimer: An Introduction to eCommerce (Philippines: DAI-AGILE, 2000), 2.)

There are different types of e0commerce. The major types of e-commerce are business-to-business (B2B); business-to-consumer (B2C); and consumer-to-consumer (C2C).

B2B e-commerce is defined as e-commerce between the companies. this type of e-commerce deals with relationships between and among businesses. Most B2B applications are in the areas of supplier management (especially purchase order processing), inventory management (managing order-ship-bill cycles), distribution management (especially in the transmission of shipping documents), channel management (information dissemination on changes in operational conditions), and payment management (electronic payment systems or EPS).(Kalakota and Whinston, 18-19)

B2C e-commerce is commerce between companies and consumers. For example purchasing goods such as consumer products or information goods like software. These are the common applications of B2C commerce which pertains to the management of personal investments and finances with the use of online banking tools.

Another type of e-commerce is C2C e-commerce (consumer to consumer). It is a kind of commerce between private individuals or consumers. eBay is a most popular example of C2C e-commerce. it allows online bidding on items being sold in the web.

45 comments:

Anonymous said...

Can you explain more on the current position of e-commerce in Malaysia?

-Muhamad Syarafi- d. privacy

Anonymous said...

Has there been any cases that has brought up any claim under e-commerce? In Malaysia or international. If it's international, I would like to know how the courts applied the laws regarding e-commerce..

Nurulain-d.privacy

CYBER LAW STUDENTS said...
This comment has been removed by the author.
Anonymous said...

As i know, there are various types of e-commerce?explain.



Fatin Faseeha - d.privacy

Anonymous said...

how does e-commerce functions?

Fatin Faseeha - d.privacy

CYBER LAW STUDENTS said...

Can you explain further about the relations between e-commerce and cyber law?




Faizelina - d.privacy

Anonymous said...

How Malaysian courts apply all the act regarding e-commerce?



Ibahim - d.privacy

ira nadhirah said...

we will emplain to all of you later...
be patient ya guys...
:)

farina said...

so many questions meaning that they are really interested in this topic,.good luck ira, farah mastura n alias,.explain well,.haha,.

mastura binti ahmad said...

tq2...hahahahaha

.b.e.d.d.y. said...

u guys stated here that there are 3 types of e-commerce..
but in our lecture on this topic, dr nazura only explained on two types which are B2B and B2C..
can u explain?
actually, there are 3 or only 2 types of e-commerce?
tq..
:D

siti zubaidah helmaterlidi-computer evidence

mastura binti ahmad said...

there 2 MAJOR types e-commerce actually..and i just explained a little bit on the other type of e-commerce which are less popular..

bee ling said...

lots of ppl giving their opinion make me eager want to know ecommerce more..:-)

N.HIDAYAT said...

waktu belajar intoduction to computer dekat asasi dulu, i remember ade 3 semuanya, B2B, B2C AND C2C...

CYBER LAW STUDENTS said...

yup i agrred with dayat. there is 3 types of e-commerce which are bisness to bisness (B2B), bisness to consumer(B2C) and consumer to consumer (C2C)

ibrahim - d.privacy

Renuka said...

can u explain current development on this issue in Malaysia. Thank you for the information.

farahadibah said...

currently Malaysia has their own act governing e-commerce which is Electronic COmmerce Act 2006. however, this act is still new and still have few loopholes which makes the act does not cover whole area of e-commerce and that explains why we discuss on other act(s) as well.

since e-commerce widely used in Malysia currently, we would suggest that few amendment is needed in order for the act to be succesfully protect e-commerce.

thank you :)

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Electronic commerce or e commerce is a term for any type of business, or commercial transaction, that involves the transfer of information across the Internet. E-Commerce is widely used in all countries. There is great scope of making future in it especially for youngsters.

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