Wednesday 24 June 2015

Digital Commerce

History of ecommerce

History of ecommerce goes back to the invention of the very old notion of "sell and buy", electricity, cables, computers, modems, and the Internet. Ecommerce became possible in 1991 when the Internet was opened to commercial use. Since then thousands of businesses have taken up residence at web sites. At first the term ecommerce meant "the process of execution of commercial transactions electronically with the help of the leading technologies such as Electronic Data Interchange (EDI) and Electronic Funds Transfer (EFT) which gave an opportunity for users to exchange business information and do electronic transactions". The ability to use these technologies appeared in the late 1970s and allowed business companies and organizations to send commercial documentation electronically.  it took approximately four years to develop the security protocols and according to all available data, ecommerce sales continued to grow in the next few years and, by the end of 2007, ecommerce sales accounted for 3.4 percent of total sales (Ecommerce, n.d.). 

Importance of ecommerce

Ecommerce proved its importance based on the fact where time is essence. In the commercial markets, time plays an important role to both the business and consumers. From the business perspective, with less time spent during each transaction, more transaction can be achieved on the same day. As for the consumer, they will save up more time during their transaction. Because of this, Ecommerce steps in and replaced the traditional commerce method where a single transaction can cost both parties a lot of valuable time. With just a few clicks in minutes, a transaction or an order can be placed and completed via the internet with ease. For instance, a banking transaction can be completed through the Internet within a few minutes compared to the traditional banking method which may take up to hours. This fact obviously proves that Ecommerce is beneficial to both business and consumer wise as payment and documentations can be completed with greater efficiency (WebDesign, n.d.).




Plagiarism guideline

Plagiarism is due to when an individual does mot acknowledge that the work that they have written is not of their work. Can also be known as unauthorised collaboration of work. Work is not seen as plagiarism if the individual references with details of where the information comes from.


Techniques for avoiding plagiarism

  • When you are researching, taking notes, and interviewing, record the relevant documentation information in your notes accurately and completely. 
  • Indicate in your notes which ideas are taken from sources and which are your own thoughts or insights. 
  • Be sure to keep this distinction clear in your paper. 
  • Put all words borrowed from sources inside quotation marks. In your notes, you might want to circle the quotation marks so you’ll be sure to include them in your paper. 
  • When paraphrasing or summarizing information from a source, use different words and sentence structures than the original text. Tip: Reread your source until you understand it. 
  • Write your paraphrase or summary without looking at the original text, using your own words and phrasing. Next, check your version with the original. 
  • Make corrections for clarity, accuracy, and mistakenly borrowed phrases. 
  • Keep the source’s name near quotations and paraphrases in your notes and in your paper. 
  • Mention the person’s name either at the beginning or the end of the passage. 
  • Document all quoted material, paraphrases and summaries of your sources. Full publication information should be included in your list of sources at the end of your paper. 
  • Document any facts that are disputed or not common knowledge. 
  • Document all opinions, conclusions, statistics, pictures, charts or graphs taken from your sources.
    (Otc, n.d.).


Online auctions and tips

Online auctions are places that people can go and order to buy or sell goods or services online for a small fee. Anyone can sell an item and anyone can bid on an item.

Tips to online auctions is that:
  • One should do research about the product they wish to purchase.
  • One should have a limit of how much will be spent.
  • Keep their eye on the dead line.
  • Pay up quickly to avoid losing the product.
  • Last but not least enjoy the experience.
    (Ethics, n.d.)

Ethics, n.d. Online autctions and tips. [Online]. Available at: https://ethics.csc.ncsu.edu/commerce/auctions/study.php [Accesssed 22 June 2015]

WebDeisgn, n.d. What is ecommerce? [Online]. Available at: http://webdesign.vinsign.com/what-is-ecommerce-importance.html [Accessed 22 June 2015]

Ecommerce, n.d. History of Ecommerce. [Online]. Available at: http://www.ecommerce-land.com/history_ecommerce.html [Accessed 22 June 2015]

Otc, n.d. Plagiarism. [Online]. Available at: https://www.otc.edu/Documents_Academic_Integrity/Avoiding_plagiarism.pdf [Accessed 22 June 2015]

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