E-COMMERCE

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WHAT IS E-COMMERCE?

Stands for: Electronic Commerce

It’s basically a world of business online. But it’s not only selling and buying. There’s more to it than just Amazon or Ebay.

It’s circulated around everything a business can do, but online, or “virtually.”

WHAT REALLY HAPPENS?

HOW E-COMMERCE IS GROWING?

According to Heggins " Entrepreneurship is meant that function of seeking investment and production opportunity organizing and enterprise to undertake a new production process, raising capital, having labor, arranging the supply of raw materials, finding site and selecting to managers of day-to-day operations.

WHAT IS ?

It’s basically a sort of money service, commonly mistaken to be a type of “online banking system”.

However there are complaints from PayPal users, saying that PayPal accounts randomly freeze, that their money is held, or that money is taken out of their accounts.Truth is, because PayPal isn’t a bank, it doesn’t have to follow Federal Banking Guidelines, which protect people from such issues.

EFFECTS ON SOCIAL AND ETHICAL SIGNIFICANCE

UNRELIABLE

PayPal proved to be unreliable, as users put their confidence and trust in this company , while later on, they could easily become a victim of false transactions and money transfers.

RELIABLE Reliability is how dependable one tends to be on an object.

For a source of e-commerce to be reliable it must:

• Provide a comfortable user interface for its users, so that they may easily use the program or website.

• Have up-to-date data. •

INTEGRITY

- For the system to have integrity, it must contain accurate data that is NOT tampered with.

BUT IS THERE A SOLUTION?There is no full-proof solution, other than only

using trusted sites and services.

SECURITY

• To what extent can a service be trusted by its users?

• Does the service take the appropriate measures to keep its users information protected and kept only for uses agreed by the user themselves?

These are the questions to rate the security of a service.

PRIVACY?

ISSUE OF THEFT?

Identity theft occurs when someone obtains your personal information, such as your credit card data or Social Security number, to commit fraud or other crimes.

WHAT U CAN DO;

Protect your information.~Erase login information (usually

stored in the cache of a browser), change passwords occasionally and frequently.

~Use your credit card instead of online payment services (eg: PayPal).

~Use familiar websites with security control. There are scams of phising

AUTHENTICITY

For the system to have integrity, it must contain accurate data that is NOT tampered with.

PROBLEM:

If hackers obtain enough data (Login information and credit card number), they basically provide the service enough authenticity to log in and use your account.

You can use online payment services and by keeping your firewall on, it could also prevent any more future access to your computer and the information you have stored in it.

DIGITAL DIVIDEEQUALITY OF ACCESSNot everyone has access to the internet…

So the online services and the whole working of e-commerce is limited to those who DO have access to such resources, leaving a large population out of their usage.

POLICIES

Rules made by the services to encourage appropriate use, and discourage inappropriate use.

From Amazon.

PEOPLE AND MACHINES

Instead of :

We can do it all in online :3

THE END